Slide 1: Summary of Reference data
Summary of Reference data Fiscal Year August 2016 1H (September 1, 2016 to February 28, 2017) （Tokyo Stock Exchange, 1st Section：3048）
Slide 2: Agenda
1. Fiscal Year August 2016 1H 2. Earnings Forecast for FY2016 3. Topics 4. Kojima (Subsidiary)
Slide 3: Consolidated Results Highlights
1. Fiscal Year August 2016 1H 〈Consolidated〉 Results Highlights FY2015 1H FY2016 1H (‘16/9 – ’17/2) JPY million; % % of % of Results Results YoY Forecast sales sales Net sales 394,481 100.0 385,538 100.0 97.7 395,000 Gross profit 105,534 26.8 105,116 27.3 99.6 SG&A expenses 93,820 23.8 95,765 24.8 1
Slide 4: Non-Consolidated Results Highlights
1. Fiscal Year August 2016 1H 〈Non-Consolidated〉 Results Highlights FY2015 1H FY2016 1H (‘16/9 – ’17/2) JPY million; % % of % of Results Results YoY Forecast sales sales Net sales 216,228 100.0 214,789 100.0 99.3 219,000 Gross profit 57,909 26.8 58,897 27.4 101.7 SG&A expenses 50,037 23.1 52,351 24.
Slide 5: Consolidated Net sales
1. Fiscal Year August 2016 1H 連結 〈Consolidated〉 Net sales YoY (8.9)bln yen Net Sales 385.5bln yen vs forecast (9.4)bln yen Bic Camera ◆ Existing stores YoY 97.4% (Non-consolidated) ◆ E-commerce YoY 110.5% 214.7bln yen ◆ Tax-free sales YoY 90.7% YoY (1.4)bln yen Kojima〈subsidiary〉 ◆ Existing stores Y
Slide 6: Consolidated Operating income
1. Fiscal Year August 2016 1H 〈Consolidated〉 Operating income YoY (2.3)bln yen Operating income 9.3bln yen vs forecast (1.0)bln yen Bic Camera ◆ Gross profit （YoY +0.9bln yen） (Non-consolidated) Gross profit ratio 27.4%（YoY +0.6P） 6.5bln yen ◆ SG&A expenses（YoY +2.3bln yen） YoY (1.3)bln yen SG&A exp
Slide 7: Ordinary income / Net income
1. Fiscal Year August 2016 1H 〈Consolidated〉 Ordinary income / Net income YoY (1.3)bln yen Ordinary income 10.7bln yen vs forecast (0.1)bln yen FY2015 1H FY2016 1H Non-operating income ◆ Subsidy income － → 0.5bln yen and expenses ◆ Interest expenses 0.4bln yen → 0.2bln yen YoY ＋1.0bln yen YoY (0.9)b
Slide 8: Consolidated Balance Sheet
1. Fiscal Year August 2016 1H 〈Consolidated〉 Balance Sheet As of Feb As of Feb Amount of As of Aug JPY million 29,2016 28,2017 increase 31,2016 Total current assets 167,501 172,605 +5,104 167,244 Cash and deposits 19,367 18,905 (462) 25,137 Merchandise and finished goods 96,289 102,355 +6,066 93,603
Slide 9: Sales by Product line
1. Fiscal Year August 2016 1H 〈Consolidated〉 Sales by Product line FY2015 1H FY 2016 1H(‘16/9-’17/2) JPY Million, % Sales Sales Results Results Bic Camera Kojima YoY Ratio Ratio Audio visual products 65,485 16.6 63,087 40,113 19,672 16.3 96.3 Cameras 19,533 5.0 18,108 14,377 3,258 4.7 92.7 TVs 17,23
Slide 10: Sales by product line (Bic Camera)
1. Fiscal Year August 2016 1H Monthly Sales (POS base) （%） 110 Net sales 100 90 Bic Camera Kojima 80 2016 2017 Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar （%） 110 line(Bic Camera) Sales by product 100 90 Audio visual products Home appliances 80 IC equipment products Other products 9
Slide 11: New Stores (FY2016)
1. Fiscal Year August 2016 1H 〈Consolidated〉 New Stores (FY2016) Kojima × Bic Camera Seiyu Hibarigaoka (Tokyo) Oct 20, 2016 Kojima × Bic Camera AEON MALL Hiroshima- Fuchu (Hiroshima) Nov 18, 2016 Kojima × Bic Camera AEON MALL Sakai Teppocho (Osaka) Bic Camera Nagoya Bic Camera Nov 19, 2016 JR Gateto
Slide 12: Agenda
1. Fiscal Year August 2016 1H 2. Earnings Forecast for FY2016 3. Topics 4. Kojima (Subsidiary)
Slide 13: Earnings Forecast for FY2016
2. Earnings Forecast for FY2016 〈Consolidated〉 Earnings Forecast for FY2016 Second half Full year JPY million; ％ (Full year – First half) FY2015 FY2016(Forecast) FY2015 FY2016(Forecast) Amount Amount YoY Amount Amount YoY Net sales 779,081 800,000 102.7 384,600 414,462 107.8 Operating income 22,006
Slide 14: Agenda
1. Fiscal Year August 2016 1H 2. Earnings Forecast for FY2016 3. Topics 4. Kojima (Subsidiary)
Slide 15: Profit improvement of Sofmap
3. Topics Profit improvement of Sofmap ■ Concentrating business → Used product(sell and buy) → Support service business ■ Closing unprofitable stores FY2016 1H 7 stores, 2H(plan) 7 stores ■ Relocation of the Akihabara store → Specialty reinforcement → Sofmap store(Akihabara main) to convert to the B
Slide 16: EC (E-commerce)
3. Topics 〈Consolidated〉 EC (E-commerce) ■ EC sales (FY2016 1H) Consolidated 36.7bln yen （EC sales YoY 101.6％ ratio 9.5％） Non-Consolidated 19.5bln yen （EC sales YoY 110.5％ ratio 9.1％） EC sales and ratio (1H) Smartphone application (bln yen) of the Bic Camera 40 10.0% 7.5% (EC sales) 30 5.0% Accelera
Slide 17: PB (Private brand products)
3. Topics 〈Consolidated〉 PB (Private brand products) ■ Sales composition of PB products FY2016 1H 3.8％ (FY2015 1H 3.3％) ■ New products “amadana TAG line” Sales composition New products of PB products amadana TAG line 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% 1H 2H 1H 2H 1H 2H 1H FY2013 FY2014 FY2015 FY2016
Slide 18: Inbound tourists
3. Topics 〈Non-Consolidated〉 Inbound tourists ■ Increase in inbound tourists → Increase in Tax-free Sales since January Tax-free Sales (Non-consolidated) 140% Sales per customer Sales Number of customers 120% 100% 80% 60% 2016 2017 Apr Mar Feb Jan Dec Nov Oct Sep Aug Jul Jun May Change of the Tax-fr
Slide 19: New Stores (FY2017)
3. Topics 〈Consolidated〉 New Stores (FY2017) Bic Camera Funabashi Tobu Bic Camera department store (Chiba) Chofu station (Tokyo) Open in the autumn of 2017 Open in the autumn of 2017 Floor space : About 4,200m2 Floor space : About 4,700m2 Funabashi Tobu department New commercial facilities of store
Slide 20: Agenda
1. Fiscal Year August 2016 1H 2. Earnings Forecast for FY2016 3. Topics 4. Kojima (Subsidiary) 19
Slide 21: Kojima Subsidiary Results Highlights
4.Kojima (Subsidiary) 〈Subsidiary〉 Results Highlights FY2015 1H FY2016 1H (‘16/9 – ’17/2) JPY million; % % of % of Results Results YoY Forecast sales sales Net sales 111,441 100.0 111,621 100.0 100.2 113,000 Gross profit 29,420 26.4 29,634 26.5 100.7 SG&A expenses 29,262 26.3 29,418 26.4 100.5 Perso
Slide 22: Kojima Earnings Forecast for FY2016
4.Kojima (Subsidiary) 〈Subsidiary〉 Earnings Forecast for FY2016 Second half Full year JPY million; ％ (Full year – First half) FY2015 FY2016(Forecast) FY2015 FY2016(Forecast) Amount Amount YoY Amount Amount YoY Net sales 226,297 233,000 103.0 114,856 121,379 105.7 Operating income 2,010 2,500 124.3 1
Slide 23: Appendix
Appendix
Slide 24: Bic Camera Group Store Network
Appendix Bic Camera Group Store Network concentrating on metropolitan area (February 28, 2017) Stores in metropolitan areas Bic Camera Sofmap Kojima K&B Total 40* 28 141 113 Hokkaido Kanto (Tokyo, 27 17 84 68 Total 3 209stores Yokohama, etc) ■1 ■2 ■0 Aichi (Nagoya, etc) 1 1 6 6 Osaka 3 4 7 4 ● Bic C
Slide 25: Capital Expenditure / Depreciation
Appendix 〈Consolidated〉 Capital Expenditure / Depreciation FY2015 FY2016 (Forecast) Depreciation 5.5 billion yen 5.8 billion yen 8.4 billion yen 14.5 billion yen Capital ・Renovation of existing stores ・New stores Expenditure ・New stores ・Logistics ・System ・System (JPY billion) Capital Expenditure De
Slide 26: Return to Shareholders
Appendix 〈Consolidated〉 Return to Shareholders FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 （Project） Total 10 10 10 10 12 12 Dividends per Share (JPY) 1H 5 5 5 5 5 5 2H 5 5 5 5 7 7 Total cash dividends (JPY million) 1,717 1,717 1,717 1,772 2,182 ー Payout ratio (%) 42.9 70.5 17.4 25.5 18.2 17.5 Ratio o
Slide 27: April, 2017 Bic Camera Inc.
This document mentions future prospects on our business operations and industry trends based on our current plans, estimates, possibilities or expectations. Expressions of these future prospects are associated with various risks and uncertainties. Already known or unknown risks, uncertainties and ot