Take And Give. Needs Co., Ltd. · TSE:4331
Take And Give. Needs — H1 FY2012 Earnings Presentation
29 slides from Take And Give. Needs's earnings presentation, Nov 4, 2011
Slide 1: Briefing Materials for First Half for FY Ending March 31, 2012
g @ ieee yt NEEDS TAKE AND GIVE. NEEDS Co., LTD. Briefing Materials for First Half for FY Ending March 31, 2012
Slide 2: Disclaimer
This material is intended to provide information about the business performance and strategy of Take and Give. Needs Co., Ltd. (T&G). It is not intended to be and should not be construed as an inducement to purchase or sell stock in T&G. Statements in this presentation and at any explanatory meeting
Slide 3: Agenda
|. Results of First Half of the FY Ending March 2012 1.Summary of Results 2.Difference between the plan and results for consolidated earnings 3-1. Consolidated Financial Results 3-2. Consolidated Balance Sheets Il. Key measures for FY ending March, 2012 Medium-Term Vision ]. Bolstering the Operating
Slide 4: Results of First Half FY Ending March 2012
Results of First Half FY Ending March 2012
Slide 5: Summary of results for the first half
I will begin by presenting a summary of results for the first half of the fiscal year ending March 2012. Results for the first half achieved the upwardly revised plan, announced August 5, thanks to strong sales at existing venues. The average wedding cost, an important indicator, continued to ris
Slide 6: Difference between plan and results for consolidated earnings
This slide shows the difference between the plan and results for consolidated earnings. On August 5, the plan for first-half consolidated operating income was raised to ¥0, from an estimated ¥140 million loss announced at the beginning of the fiscal year. However, the result exceeded the revised p
Slide 7: Summary of consolidated financial results
This slide shows a summary of the consolidated financial results. Results exceeded the plan in all items, aided by strong sales at existing venues during the first half of consolidated fiscal 2011. Net sales increased ¥320 million, or 1.5% year on year, to ¥22,099. This year is the final fiscal
Slide 8: Breakdown of sales in domestic wedding business
This slide shows a breakdown of sales in the domestic wedding business. The number of weddings handled at directly operated venues was in line with the plan, despite concerns about the effect of the Great East Japan Earthquake. Average wedding cost continues to increase, rising ¥95,000 year on ye
Slide 9: Breakdown of gross profit and operating income
This slide shows a breakdown of gross profit and operating income. As a result of a steady increase in the number of weddings handled and average wedding cost, gross profit rose ¥165 million year on year, to ¥11,846 million. We continued to invest to improve our human resources, products, and ser
Slide 10: Ordinary income and net income
This slide explains the items relating to ordinary income and net income. Operating income in excess of the plan resulted in an ordinary loss of ¥50 million (¥249 million above the plan) and a net loss of ¥98 million (¥301 million above the plan). 10
Slide 11: Consolidated balance sheet: assets
This slide explains the assets section of the consolidated balance sheet. Total assets were valued at ¥45,402 million, ¥768 million higher than the end of the last fiscal year. As a result of maintaining liquidity in the form of funds on hand to deal with the aftermath of the earthquake, cash and
Slide 12: Consolidated balance sheet: liabilities and net assets
This slide shows the liabilities and net assets section of the consolidated balance sheet. Interest-bearing debt temporarily increased. The reason for this, as noted earlier, was because we maintained liquidity in funds on hand taking into account the effect of the earthquake. We expect that inte
Slide 13: Key measures for FY ending March 2012
Key measures for FY ending March, 2012
Slide 14: Medium-term vision
I will begin by presenting our medium- term vision. From the next fiscal year ending March 2013, we will start three years of growth strategies. The three key growth strategies are “Strengthen directly managed venues,” “Build hotel wedding contract business” and “Accelerate overseas growth strateg
Slide 15: Criteria for key measures in FY ending March 2012
I would like to move on to talk about the criteria for the key measures implemented in the fiscal year ending March 2012. First, in terms of bolstering the operating foundations, we will continue working to pursue the intrinsic value of weddings, which we call the “One Heart Wedding.” We will also
Slide 16: Bolstering the operating foundations: One Heart Wedding
I will start by describing our plans to further strengthen our operating foundations. We have been creating weddings that are unique to each couple, reflecting the past life and thoughts of both bride and groom through our unique system of reserving entire facilities and assigning a wedding planne
Slide 17: Initiatives to strengthen One Heart Wedding
We are undertaking two specific initiatives to strengthen mechanisms promoting One Heart Wedding. The first initiative is to “Strengthen branding.” We are radical improving the “visual quality” of everything visual, which includes not only our advertisements, homepage and sales tools but also our
Slide 18: Archangel Daikanyama refurbishment
Archangel Daikanyama is the first directly managed venue we opened, but, even now, still receives strong support from customers and holds many weddings each year. This is because we have enhanced soft services such as customer service instead of relying solely on investment in hard assets. We beli
Slide 19: Capital tie-up with L'equipe Trois
As already reported, in July 2011, we established a capital tie-up with L’equipe Trois Inc., an event planning company. Recently we produced an event for a top brand company on the basis of this tie-up. In this instance, we demonstrated our production skills built up through 10,000 weddings a year
Slide 20: Consolidating the foundations for growth
Let me describe the consolidation of the foundations for growth. With a declining population, the number of couples getting married is expected to fall in Japan over the medium to long term. However, we expect growth in the market share of house weddings, which T&G is developing as its main busine
Slide 21: Hotel Buena Vista wedding alliance
As already reported, we started a wedding business for Hotel Buena Vista, an established hotel in Shinshu (Matsumoto, Nagano Prefecture). This alliance combines the hotel’s strong brand power and hospitality expertise with T&G’s wedding business management expertise business and is also starting t
Slide 22: Wedding production at Miraculuese
In August 2011, we began wedding productions at Miraculuese (Yurakucho, Tokyo). Miraculuese is ideally located, just five minutes’ walk through an underground passageway from Tokyo Station, and it is our first production property located near Marunouchi and Ginza. We have been involved in a large
Slide 23: Development of overseas operations
I will move on to describe the development of our overseas operations. As already reported, we have established overseas subsidiaries in Hong Kong and Shanghai with the aim of promoting operations in the growing Asian market. We are gradually building a business base in the Asian market. For examp
Slide 24: High-end wedding production in Asia
Our production capacity was highly recognized at the wedding of a celebrity, which was held on Hainan Island, China in March 2011, and through word-of- mouth, referral and other channels, we are receiving an increasing number of production requests from high-end customers. Many of the orders we ar
Slide 25: Full-Year Consolidated Revenue Plans for FY Ending March 2012
Full-Year Consolidated Revenue Plans for FY Ending March 2012
Slide 26: Full-year consolidated forecasts
This slide shows our consolidated business results forecasts for the entire fiscal year ending March 2012. As explained earlier, this fiscal year is the last year of business base development and we have adopted a business plan of actively investing resources to ensure continued stable business gr
Slide 27: Dividend forecast
Finally, let me describe our dividend forecast for the fiscal year ending March 2012. In step with our basic policy of paying appropriate and stable dividends, we plan to pay an annual dividend of ¥100 per share, the same as the dividend paid for the fiscal year ended March 2011. 27
Slide 28: Earthquake relief donations: One Heart of a Million people
We express our deepest condolences to the families of those who died as a result of the Great East Japan Earthquake that occurred on March 11, 2011. We also express our heartfelt sympathy to all who suffered as a result of the earthquake. To help people and communities affected by the disaster, we h
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