H2O Retailing Corporation · TSE:8242
H2O Retailing — Q3 FY2020 Earnings Presentation
9 slides from H2O Retailing's earnings presentation, February 2021
Slide 1: 3Q of FY2021 Presentation Materials
3Q of FY2021 Presentation Materials H2O RETAILING CORPORATION
Slide 2: Consolidated Financial Results
Consolidated Financial Results １．Consolidated Financial Results ２．Results by segment ３．Department store business ４．Supermarket business Copyright © H2O Retailing Corp. All Rights Reserved. 2
Slide 3: 1. Consolidated Financial Results
1. Consolidated Financial Results ▶ Sales decrease rate slowed and profit and loss returned black in 3Q due to sales recovery of department store ▶ recorded loss related to COVID-19 of ¥5.1 billion, impairment losses of ¥5.8 billion, etc. as extraordinary losses Amount Inc./Dec. YOY （billions of yen
Slide 4: 1. Consolidated Financial Results - Factors affecting OP
1. Consolidated Financial ResultsーFactors affecting OP ▶ Mitigating the impact of a decrease in gross profit of department store by sales increase in supermarkets and reducing SG&A billions of yen 3Q/FY2020 3Q/FY2021 (12.9) 11.9 (1.0) +5.1 +3.3 +19.4 Transferred to extraordinary losses ＜１Q＞ SM regar
Slide 5: 2. Results by segment
2. Results by segment ▶ Sales decrease rate slowed and profit and loss returned black in 3Q due to sales recovery of department store ▶ strong sales in SM business led by heightened eating-at-home demand ▶ Amount affected by Izumiya restructuring in SM and SC business segment Sales ¥58.6 billion, OP
Slide 6: 3. Department store business
3. Department store business ▶ Although there were signs of a recovery at a time, the re-expansion of the "third wave" of infections, the number of customers remained at a low level ▶ reduced costs due to less promotion and the revision of each spending （cost transferred to loss related to COVID-19
Slide 7: 3. Department store business
3. Department store business ▶ Sales trend of domestic customers were beyond forecast from October to December(Forecast : 20% decrease from the same period of FY2019) Anticipating seesawing sales situation due to “Third wave” of infections and the declaration of state of emergency. ▶ Inbound sales h
Slide 8: 4. Supermarket business
4. Supermarket business ▶ OP in supermarket companies significantly rose by the high demand for eating at home, and the effect of IZ restructuring. <Izumiya> Actual OP growth excluding the effect of restructuring : ¥1.3 billion OP increase led by sales increase ¥0.1 billion decrease in personnel exp
Slide 9: Disclaimer
The information contained in this material reflects judgments made by H2O Retailing at the time of preparing this material, and no guarantees are provided concerning the accuracy of the information. The information is also subject to change without prior notice. H2O and the information providers ass