Daito Trust Construction Co., Ltd. · TSE:1878
Daito Trust Construction — Q1 FY2007 Earnings Presentation
11 slides from Daito Trust Construction's earnings presentation, June 2006
Slide 1: 1Q Financial Highlights, Year ending March 31, 2007
1Q Financial Highlights Year ending March 31, 2007
Slide 2: Income summary and income summary by segment
Ⅰ－１．Income summary Increased both in net sales and profits. (Net sales: 7.5% increase , Operating income: 31.5% increase) Net sales Operating income (billions of yen) 82.5 (billions of yen) 78.3 76.8 (+7.5%) 5 80 63.3 4 2.4 60 50.3 3 2.8 (+31.5%) 1.9 40 2 20 1 0 -0.3 -0.2 0 02/6 03/6 04/6 05/6 06/6
Slide 3: Trends of Construction Net sales and Gross profit margin; SG&A expenses
Ⅰ－３．Trends of Construction Net sales and Gross profit margin Construction contracts Net sales \51.9 billion （+7.8%, year on year） Gross profit margin 29.7%（- 0.3 points, year on year） Construction sales（１Ｑ） Gross profit margin（１Ｑ） Sales（billions of yen） Gross profit margin（％） 60 50 53.0 51.9 50 48.2
Slide 4: Comparative balance sheets and Cash Flows
Ⅰ－５．Comparative balance sheets （millions of yen） June 2006 March 2006 Change Total assets 418,982 440,406 - 21,424 Current assets 279,825 298,487 - 18,661 Fixed assets 139,156 141,918 - 2,762 Total liabilities 181,147 198,182 - 17,034 Current liabilities 162,388 177,704 - 15,316 Long-term liabilitie
Slide 5: Orders received (non-consolidated) and Sales efficiency
Ⅱ－１．Orders received (non-consolidated） Orders received increased 22.5% (year on year) to \107.5 billion There is no change in mid-term and full-year plan for orders received （Plan: Interim \225 billion, full-year \460 billion） orders received（millions of yen） orders received（１Ｑ） number of staff 120,
Slide 6: Orders received by regional blocks; Tenants recruited and sales efficiency
Ⅱ－３．Orders received by regional blocks Orders received （billions of yen） 40 150% 31.3 +92.3% 100% 30 +65.1% 29.4 25.7 24.5 50% +21.9% +27.5% +22.4% +26.0% +7.4% +11.6% 20 19.2 21.7 0% 17.1 16.2 -10.9% 13.6 -47.9% 13.8 11.4 10.7 11.0 -50% 9.9 10 7.76.8 7.3 10.3 8.4 10.8 5.9 9.1 -100% 6.8 6.3 4.3 3.0
Slide 7: Daito Kyosaikai occupancy rate; Whole Building Lease System
Ⅱ－５．Daito Kyosaikai occupancy rate Maintained high occupancy rate Occupancy rate for residential properties 96.41％ → ９６.19％（ ９６.19％（ -0.22 points） (end of Jun. 2005) (end of Jun. 2006) Occupancy rate for commercial properties ９5.14％ → ９5.48％（ ９5.48％（ +0.34 points） (end of Jun. 2005) (end of Jun. 200
Slide 8: Whole Building Lease System (Sublease); Subsidiaries construction business summary
Ⅱ－７．Whole Building Lease System (Sublease) Our whole building lease system (sublease system) reduces fluctuations of income and expenditures for lease building businesses. Maintain stable long rent income Long term contract period Most companies' contract period is 10 or 20 years. Some companies don
Slide 9: Subsidiaries first quarter financial summary (Real Estate and Other Businesses)
Ⅲ－２．Subsidiaries / First quarter financial summary （Real Estate Business） （millions of yen） Housecom Co., Ltd.※ Daito Building Shanghai Daito Trust Management Co., Ltd. Construction Co., Ltd. FY 2007 FY 2006 FY 2007 FY 2006 FY 2007 FY 2006 1 quarter 1 quarter 1 quarter 1 quarter 1 quarter 1 quarter
Slide 10: Trend of repeat orders; Diversifying fund-raising channels
Ⅲ－４．Trend of repeat orders We obtain repeat orders continuously→ Repeat ratio 41.9% ※Repeat ratio＝number of repeat orders from our clients / total number of orders received Repeat orders value（bilions of yen） Repeat ratio（％） 250 70 200 193.5 60 166.3 161.5 150 139.9 50 42.3 43.0 41.9 100 38.7 38.7 4
Slide 11: Regional Occupancy Rate of Daito Kyosaikai (residential properties)
Ⅲ－６．Regional Occupancy Rate of Daito Kyosaikai （residential properties） the end of Jun. 2005 the end of Jun. 2006 Occupancy rate （regional） Average (96.2%) 95.8 96.1 96.7 96.4 98.0 95.9 96.3 96.7 96.9 97.1 97.5 94.4 96.3 96.5 96.5 93.9 90% 80% i u i o n) u u a ka nk ok aw ok nt rik io To Ki Ka oh ik
Daito Trust Construction — Q1 FY2007 Earnings Presentation on 6ix