Pan Pacific International Holdings Corporation · TSE:7532

Pan Pacific International — Don Quijote Holdings — 1H FY2017 Earnings Presentation

14 slides from Pan Pacific International's earnings presentation, Feb 6, 2017

  1. Slide 1: 1H Results for FY 2017

    Don Quijote Holdings. Co., Ltd. 1H Results for FY 2017 Earnings Results July 1, 2016 - December 31, 2016 February 6, 2017 0

  2. Slide 2: Earnings summary

    Earnings summary Consolidated 6 months to Dec. 2016 6 months to Dec. 2015 (Millions of yen) Actual Share YoY Actual Share Net sales 417,694 100.0% 108.6% 384,445 100.0% Gross profit 110,640 26.5% 107.5% 102,941 26.8% SGA 84,297 20.2% 109.0% 77,370 20.1% Operating profit 26,343 6.3% 103.0% 25,571 6.7

  3. Slide 3: Same-store sales

    Same-store sales 125.0% = Customer traffic = All stores 120.0% = Customer spending = Existing stores 115.0% 110.0% 105.0% 100.0% 95.0% 90.0% 85.0% 2014 2014 2015 2015 2016 2016 Jun. Dec. Jun. Dec. Jun. Dec. Existing stores 2015 Oct. Nov. Dec. 2016 Jan. Feb. Mar. Apr. May. June. July. Aug. Sep. Oct.

  4. Slide 4: Sales breakdown by product category

    Sales breakdown by product category Consolidated 6 months to Dec. 2016 6 months to Dec. 2015 (Millions of yen) Actual Share YoY Actual Share Home electrical appliances 35,490 8.5% 113.7% 31,213 8.1% Miscellaneous household goods 87,782 21.0% 112.1% 78,335 20.4% Foods 133,985 32.1% 113.1% 118,451 30.

  5. Slide 5: The number of stores

    The number of stores (Number of stores) FY2015 FY2016 FY2017-1Q FY2017-2Q Don Quijote 183 194 195 196 MEGA 36 39 39 40 New MEGA 41 55 61 64 Others 32 39 39 40 Total stores in Japan 292 327 334 340 Overseas 14 14 14 14 Grand Total 306 341 348 354 Domestic opening 33 40 10 6 Domestic closure 10 5 3 0

  6. Slide 6: Key components in SG&A

    Key components in SG&A Consolidated 6 months to Dec. 2016 6 months to Dec. 2015 (Millions of yen) Actual Share YoY Actual Share Net sales 417,694 100.0% 108.6% 384,445 100.0% Salary allowance 32,124 7.7% 111.1% 28,920 7.5% Rent 11,387 2.7% 111.2% 10,237 2.7% Commission paid 9,424 2.3% 106.9% 8,815 2

  7. Slide 7: Sales and profit by business

    Sales and profit by business Sales, profit and loss by segment from Jul. 1, 2016, to Dec. 31, 2016 （Millions of yen） Consolidated Retail store Rent income Others Total Adjusted amount Consolidated Sales to external customers 403,716 10,349 3,629 417,694 - 417,694 Internal sales or transfers 271 9,78

  8. Slide 8: Sales, profit and asset by subsidiaries

    Sales, profit and asset by subsidiaries Sales, profit and asset by subsidiaries from Jul. 1, 2016, to Dec. 31, 2016 （Millions of yen） Consolidated Don Quijote 1) Doit Nagasakiya 2) Overseas 3) Accretive 4) JAM 4) Consolidated Net sales 302,028 8,240 84,010 17,122 2,918 8,889 417,694 Operating profit

  9. Slide 9: Balance Sheet

    Balance Sheet （Millions of yen） （Millions of yen） As of Dec. 31, Change from As of Dec. 31, Change from Consolidated Consolidated 2016 Jun. 30, 2016 2016 Jun. 30, 2016 Total current assets 227,660 31,683 Total current liabilities 166,952 18,957 Cash and deposits 58,021 15,127 Accounts payable 87,992

  10. Slide 10: Cash flows and Capital expenditure

    Cash flows and Capital expenditure Consolidated Cash Flows （Millions of yen） 6 months to Dec. 6 months to Dec. Change 2016 2015 Cash and equivalents at beginning of period 44,496 51,292 (6,796) Cash flows from operating activitiies 39,737 33,605 6,132 Cash flows from investing activities (41,305) (2

  11. Slide 11: Earnings summary for Q2

    Earnings summary for Q2 Consolidated 3 months to Dec. 2016 3 months to Dec. 2015 (Millions of yen) Actual Share YoY Actual Share Net sales 216,367 100.0% 109.4% 197,803 100.0% Gross profit 56,415 26.1% 105.9% 53,263 26.9% SGA 42,605 19.7% 109.3% 38,988 19.7% Operating profit 13,811 6.4% 96.7% 14,275

  12. Slide 12: Sales breakdown by product category for Q2

    Sales breakdown by product category for Q2 Consolidated 3 months to Dec. 2016 3 months to Dec. 2015 (Millions of yen) Actual Share YoY Actual Share Home electrical appliances 19,011 8.8% 114.2% 16,654 8.4% Miscellaneous household goods 44,635 20.6% 112.5% 39,658 20.0% Foods 70,110 32.4% 113.7% 61,65

  13. Slide 13: Key components in SG&A for Q2

    Key components in SG&A for Q2 Consolidated 3 months to Dec. 2016 3 months to Dec. 2015 (Millions of yen) Actual Share YoY Actual Share Net sales 216,367 100.0% 109.4% 197,803 100.0% Salary allowance 16,076 7.4% 108.9% 14,764 7.4% Rent 5,749 2.7% 113.1% 5,084 2.6% Commission paid 5,062 2.3% 111.0% 4,

  14. Slide 14: Forecast for fiscal June 2017

    Forecast for fiscal June 2017 Consolidated FY2017 Revised forecast FY2017 Initial forecast (Millions of yen) Plan Share YoY Plan Share Net sales 820,000 100.0% 108.0% 820,000 100.0% Gross profit 218,000 26.6% 108.0% 220,000 26.8% SGA 173,000 21.1% 109.0% 175,000 21.3% Operating profit 45,000 5.5% 10

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