Take And Give. Needs Co., Ltd. · TSE:4331
Take And Give. Needs — FY2008 Earnings Presentation
30 slides from Take And Give. Needs's earnings presentation, May 22, 2008
Slide 1: Corporate Presentation: Financial results, fiscal year ended March 31, 2008
Corporate Presentation Financial results: Fiscal year ended March 31, 2008 TAKE AND GIVE. NEEDS Co., Ltd. TSE 1ST SECTION: 4331 www.tgn.co.jp
Slide 2: Results for FY ended March 31, 2008
Results for FY ended March 31, 2008 TAKE AND GIVE. NEEDS Co., Ltd. TSE 1ST SECTION: 4331 www.tgn.co.jp
Slide 3: Revisions to results forecast: Consolidated
Topics: Revisions to the results forecast for FY ended March 2008 1. Consolidated Our financial report has been revised to reflect our “Selection and Concentration” strategy derived from a reexamination of the restructuring of our business areas listed below. The consolidated forecasts announced Nov
Slide 4: Revisions to results forecast: Non-consolidated
Topics: Revisions to the results forecast for FY ended March 2008 2. Non-consolidated Our financial report has been revised to reflect our “Selection and Concentration” strategy derived from a reexamination of the restructuring of our business areas listed below. The consolidated forecasts announced
Slide 5: Summary of Consolidated Financial Report
Results for FY ended MARCH 31, 2008 SUMMARY OF CONSOLIDATED FINANCIAL REPORT
Slide 6: Consolidated results (PL)
Consolidated results (PL) ―FY ended 03/08― 03/08― (Unit ¥ millions) Quarterly results of FY ended 03/08 FY ended 03/07 FY ended 03/08 Change (\ ) 1Q 2Q 3Q 4Q Net sales 46,417 43,642 -6.0% 9,483 9,912 12,516 11,730 Gross profit 25,028 22,449 -10.3% 5,022 5,083 6,449 5,892 Gross profit ratio (%) 53.9%
Slide 7: Consolidated results (BS)
Consolidated results (BS) ―FY ended 03/08― 03/08― (Unit ¥ millions) As of As of As of As of \) Change (\ \) Change (\ March 31, 2007 March 31, 2008 March 31, 2007 March 31, 2008 Total liabilities 23,248 28,528 +5,280 Total current assets 8,886 4,934 -3,951 Total current liabilities 12,131 11,224 -90
Slide 8: Summary of Non-consolidated Financial Report
Results of FY Ending March 31, 2008 SUMMARY OF NON-CONSOLIDATED FINANCIAL REPORT
Slide 9: Non-consolidated results (PL/BS)
Non-consolidated results: (PL/BS) ―FY ended 03/08― 03/08― Highlights PL (Unit ¥ millions) FY ended 03/07 FY ended 03/08 Change (\) Quarterly results of FY ended 03/08 1Q 2Q 3Q 4Q Net sales 45,833 40,520 -11.6% 9,062 9,240 11,767 10,449 Gross profit 24,573 20,787 -15.4% 4,747 4,727 6,053 5,258 Gross
Slide 10: Non-consolidated results by segment
Summary of Non-consolidated results: (PL) Results by segment ―FY ended 03/08― 03/08― Sales by division (Unit ¥ millions) FY ended FY ended Change (%) March 31, 2007 March 31, 2008 Net sales 45,833 100.0% 40,520 100.0% -11.6% Directly managed venues 41,752 91.1% 37,463 92.5% -10.3% Restaurant allianc
Slide 11: House wedding division
Non-consolidated results: (PL) House wedding division ―FY ended 03/08― 03/08― Overall year-on-year increase in the unit price from revisions to the sales discount and other policies Trends in unit prices and the utilization rate (Unit ¥ thousands) 4,600 4,390 4,400 4,200 4,205 4,244 4,180 up!! 4,102
Slide 12: Restaurant alliance division
Non-consolidated results: (PL) Restaurant alliance division ―FY ended 03/08― 03/08― FY ended FY ended Change (%) March 31, 2007 March 31, 2008 Net sales (¥ m illion) 2,741 2,639 -102 -3.7% Num ber of restaurant venues 13 17 +4 +30.8% W eddings handled 1,037 977 -60 -5.8% Price per wedding (¥ thousan
Slide 13: Non-consolidated results: SG&A
Non-consolidated results: (PL) SG&A ―FY ended 03/08― 03/08― SG&A expenses were largely on track with the revisions announced November 22, 2007 (Unit ¥ millions) FY ended FY ended March 31, 2007 March 31, 2008 SG&A 17,922 20,994 +3,072 Main items Rental expense 4,785 5,535 +750 Personnel expense 4,48
Slide 14: Non-consolidated results (BS): Assets
Non-consolidated results: (BS) 1. Assets ―FY ended 03/08― 03/08― (Unit ¥ millions) As of As of Change March 31, 2007 March 31, 2008 Total current assets 8,867 4,243 -4,624 Cash and cash deposits 5,638 1,677 -3,961 Decrease in cash flow Trade accounts receivable 67 54 -13 Products 71 36 -35 Short-ter
Slide 15: Non-consolidated results (BS): Liabilities and net assets
Non-consolidated results: (BS) 2. Liabilities and net assets ―FY ended 03/08― 03/08― (Unit ¥ millions) As of As of Change March 31, 2007 March 31, 2008 Total liabilities 16,664 21,464 +4,800 Total current liabilities 10,574 8,934 -1,640 Trade accounts payable 2,903 2,596 -306 Short-term borrowings 1
Slide 16: Outline of Group results
Results of FY Ending March 31, 2008 Outline of Group results for FY ending March 31, 2008
Slide 17: Outline of Group results
Outline of Group results (Unit: ¥ millions) Net sales Ordinary loss Portal site SOUGOU SEIKATSU Co., Ltd. 231 122 Established： July 2005 100％ subsidiary Assets LIFE ANGEL Co., Ltd. 137 69 Established： July 2005 100％ subsidiary Resort Weddings GOOD LUCK Corporation Established： October 2003 91％ subsi
Slide 18: Revenue plans for FY ending March 2009
Revenue plans for FY ending March 2009 TAKE AND GIVE. NEEDS Co., Ltd. TSE 1ST SECTION:4331 www.tgn.co.jp
Slide 19: Synergy with core business: selection and concentration
Maximizing the allocation of business resources －selection and concentration－ In order to make the most efficient use of our finite business resources, we have begun to focus on the domestic wedding business while applying the selection and concentration strategy to other business areas. The 3-year
Slide 20: Results forecast for FY ending March 31, 2009
Results forecast for FY ending March 31, 2009 Based on the selection and concentration strategy, and following a review of the business areas, results forecast for FY ending March 31, 2009 are as follows: (Unit: ¥ millions) FY ended 03/08 FY ending 03/09 Cons olidated Change (\) Change (%) (Res ults
Slide 21: Analysis of H1 FY 03/09 non-consolidated forecast
Analysis of H1 FY 03/09 non-consolidated results forecast The non-consolidated ordinary income forecast for H1 FY 03/09 is lower than H1 FY 03/08 for the the reasons outlined below: Comparison of non-consolidated H1 FY 03/08 results and H1 FY 03/09 forecasts 平成21年3月期 (Unit: ¥ millions) FY ended 03/0
Slide 22: Initiatives in the domestic wedding business: background
Initiatives in the domestic wedding business – background - Results and lessons learned from management issues and countermeasures taken in FY ended 03/07 and FY ended 03/08. Business fundamentals were weakened from the rapid expansion of business scale. Until FY ended 03/07 FY ended 03/08 FY ending
Slide 23: FY ended March 2008: Initiatives and reflections
FY ended March 31, 2008: Initiatives and reflections Achieved poor results stemming from an inability to fully implement marketing and despite endeavoring to provide customer-oriented services Initiatives and results for FY ended March 31, 2008 Initiatives Results To improve customer recruiting We f
Slide 24: Effect of sales promotions in FY ended March 2008
Effect of sales promotions in FY ended March 31, 2008 Expecting some weakness in the 1H FY ending 03/2009 due to lower than forecasted orders for FY ended 03/2008 (primarily 2H) and an unevenness in the current spread of wedding ceremonies booked for the year 平成21年3月期 Sep. 2007 – Jan. 2008 Shift to
Slide 25: Initiatives in the domestic wedding business FY ending March 2009
Initiatives in the domestic wedding business - FY ending March 31, 2009 We will create the organizational structure required to implement to Company’s strategies and pursue a ‘true customer-first focus’. The following is an example of some of the initiatives underway and some of the results that are
Slide 26: Achieving our plans for FY ending March 31, 2009
Achieving our plans for FY ending March 31, 2009 By carrying out these initiatives, we can be confident of achieving our targets for the year. We will focus all of our energies on achieving our goals. A comparison to results for last year are outlined below. Comparison of orders achieved as of March
Slide 27: Group forecast for FY ending March 31, 2009
Group forecast for FY ending March 31, 2009 (Unit: ¥ millions) Net sales Ordinary loss Portal site SOUGOU SEIKATSU Co., Ltd. 450 1 Established： July 2005 100％ subsidiary Assets LIFE ANGEL Co., Ltd. 194 10 Established： July 2005 100％ subsidiary Resort Weddings GOOD LUCK Corporation Established： Octob
Slide 28: Group company results: focus on profitability
Outline of Group company results – focus on profitability Priority given to businesses with expected synergies with the core business and those expected to reach profitability in the near term. Initiatives planned for FY ending 03/09 Key performance indicators – Focus on business promotion through m
Slide 29: Thorough review of Group company initiatives
Implementing a thorough review of Group company initiatives We are implementing a thorough review of businesses with weak synergies to the core business and those requiring a long duration before reaching profitability. We plan to either close or reduce operations in the following two businesses. Ci
Slide 30: To enrich hearts and lives
“To enrich hearts and lives” 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 a