Fullcast Holdings Co., Ltd. · TSE:4848
Fullcast — FY2022 Earnings Presentation
33 slides from Fullcast's earnings presentation, Feb 10, 2023
Slide 1: Consolidated Business Results for the Fiscal Year Ended December 2022
FULLCAST HOLDINGS CO., LTD. (4848) Consolidated Business Results for the Fiscal Year Ended December 2022 (Jan.–Dec. 2022) February 10, 2023 Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document
Slide 2: Agenda
Agenda FY12/22 Consolidated Business Highlights (Jan.–Dec. 2022) FY12/22 Segment Highlights (Jan.–Dec. 2022) FY12/22 Summary FY12/23 Business Targets and Strategy FY12/23 Business Forecasts Progress of Medium-Term Management Plan 2024 Shareholder Returns for FY12/22 and FY12/23 Copyright © 2023 by F
Slide 3: FY12/22 Consolidated Business Highlights (Jan.–Dec. 2022)
FY12/22 Consolidated Business Highlights (Jan.–Dec. 2022) Copyright © 2023 by FULLCAST HOLDINGS CO., LTD. All rights reserved 3
Slide 4: Consolidated: FY12/22 Comparison vs. Business Forecast
Consolidated: FY12/22 Comparison vs. Business Forecast Consolidated results exceeded our revised full-year business forecast for the fiscal year ended December 2022 (announced on November 11, 2022) as we exceeded our forecasts for net sales (103.4%), operating profit (101.3%), ordinary profit (101.8
Slide 5: Consolidated: FY12/22 Comparison vs. Business Forecast (By Segment)
Consolidated: FY12/22 Comparison vs. Business Forecast (By Segment) Consolidated net sales increased compared to the revised business forecast because the mainstay placement and BPO services grew by the increase of short-term staffing demand, while dispatching and outsourcing services grew following
Slide 6: Consolidated: FY12/22 Year-on-Year Comparison
Consolidated: FY12/22 Year-on-Year Comparison Even as the COVID-19 pandemic raged on, net sales increased by 23.4% year-on-year. This was mainly due to growth of the “Short-Term Operational Support Business,” which was supported by a number of factors including the acquisition of projects in excess
Slide 7: Consolidated: FY12/22 Year-on-Year Comparison
Consolidated: FY12/22 Year-on-Year Comparison Ordinary profit increased by 29.7% year-on-year buoyed by the same factors as operating profit. Profit attributable to owners of parent increased by 32.1% year-on-year, on the back of the 69 million yen in gain on sale of investment securities booked as
Slide 8: FY12/22 Segment Highlights (Jan.–Dec. 2022)
FY12/22 Segment Highlights (Jan.–Dec. 2022) Copyright © 2023 by FULLCAST HOLDINGS CO., LTD. All rights reserved 8
Slide 9: Short-Term: FY12/22 Year-on-Year Comparison
Short-Term: FY12/22 Year-on-Year Comparison Even as the COVID-19 pandemic raged on, net sales increased by 27.7% year-on-year. This was due to factors mainly including the acquisition of projects in excess of pre-COVID-19 pandemic short-term staffing demand levels, as well the continued acquisition
Slide 10: Short-Term: FY12/22 Year-on-Year Comparison (By Service Category)
Short-Term: FY12/22 Year-on-Year Comparison (By Service Category) (Million yen) Rate of FY12/21 FY12/22 Difference change Sales of mainstay “Placement” and “BPO” Net sales 46,550 59,439 12,889 27.7% services increased and gross profit also rose amid the acquisition of short-term staffing demand asso
Slide 11: Sales: FY12/22 Year-on-Year Comparison
Sales: FY12/22 Year-on-Year Comparison Net sales declined by 18.1% year-on-year due to the downturn in sales of telecommunications products in the sale of Internet access, which is a mainstay business. Operating profit increased by 3.0% year-on-year (operating profit ratio increased by 0.6PT) due pr
Slide 12: Security, Other: FY12/22 Year-on-Year Comparison
Security, Other: FY12/22 Year-on-Year Comparison Net sales increased by 1.2% year-on-year due to an increase in the number of permanent and temporary security projects acquired. Operating profit declined by 17.7% year-on-year (operating profit ratio declined by 2.6PT) due to the special demand with
Slide 13: FY12/22 Summary
FY12/22 Summary Copyright © 2023 by FULLCAST HOLDINGS CO., LTD. All rights reserved 13
Slide 14: FY12/22 Business Targets and Strategy
FY12/22 Business Targets and Strategy Business Targets for the Fiscal Year Ended December 2022 Under a client-first approach, aim for greater business growth and expansion of peripheral services Strategy 1: Strategy 2: Continue with initiatives aimed at greater business growth and creation of added
Slide 15: FY12/22 Business Targets and Strategy: Strategy 1 Progress
FY12/22 Business Targets and Strategy Strategy 1: Progress We opened a total of 15 new offices, exceeding our initial plan of 10. New office openings in 1H (opened Feb. 1) New office openings in 2H (opening Sept. 1) Muroran, Hokkaido Pref.; Tsu, Mie Pref.; Kashihara, Nara Pref.; Yonezawa, Yamagata P
Slide 16: Ongoing Initiatives
Ongoing Initiatives Initiative 1: Strengthen Hiring Capability Recruitment expenses increased 65.4% year- Hiring activities were carried out following the on-year and the recruitment expense ratio (vs. Number recovery trend in client company demand; Recruitment gross profit) ticked up 1.10 PT as a r
Slide 17: Ongoing Initiatives
Ongoing Initiatives Initiative 2: Increase Number of Operating Workers Initiative 3: Increase Number of Customers The number of operating workers increased by The number of customers increased by 24.3% year-on- Number of year and the number of new customers increased by 22.9% year-on-year due mainly
Slide 18: FY12/23 Business Targets and Strategy
FY12/23 Business Targets and Strategy Copyright © 2023 by FULLCAST HOLDINGS CO., LTD. All rights reserved 18
Slide 19: FY12/23 Business Targets and Strategy
FY12/23 Business Targets and Strategy Business Targets for the Fiscal Year Ending December 2023 Aiming for create of the Group structure to flexibly address changes in the business environment, and business expansion by improving customer satisfaction based on further service improvement including D
Slide 20: FY12/23 Business Forecasts
FY12/23 Business Forecasts Copyright © 2023 by FULLCAST HOLDINGS CO., LTD. All rights reserved 20
Slide 21: Consolidated: FY12/23 Business Forecasts
Consolidated: FY12/23 Business Forecasts We aim to further grow our Group’s business results with a focus on the mainstay “Short-Term Operational Support Business.” The full-year consolidated business results forecast for the fiscal year ending December 2023 assume that the demand in staffing demand
Slide 22: FY12/23 Business Forecasts by Segment and Service Category
FY12/23 Business Forecasts by Segment and Service Category We forecast to focus on further growing “Placement” and “BPO” services, both mainstay services of the “Short-Term Operational Support Business.” Our forecast for net sales of “Outsourcing” services of the “Short-Term Operational Support Busi
Slide 23: Progress of Medium-Term Management Plan 2024
Progress of Medium-Term Management Plan 2024 Copyright © 2023 by FULLCAST HOLDINGS CO., LTD. All rights reserved 23
Slide 24: Progress of Medium-Term Management Plan 2024
Progress of Medium-Term Management Plan 2024 Results (FY12/22) Key KPI operating profit resulted in Operating profit 9.8 billion yen, driven by our Group's mainstay Forecasts “Short-Term Operational Support Business” and the acquisition of staffing demand for public Medium-Term Management Plan secto
Slide 25: Shareholder Returns for FY12/22 and FY12/23
Shareholder Returns for FY12/22 and FY12/23 Copyright © 2023 by FULLCAST HOLDINGS CO., LTD. All rights reserved 25
Slide 26: FY12/22 Year-End Dividend of Surplus and Acquisition of Treasury Shares
FY12/22 Year-End Dividend of Surplus and Acquisition of Treasury Shares At the Board of Directors' Meeting held on February 10, 2023, we passed a resolution to pay a 35 yen per share year-end dividend of surplus, which is the same as the year-end dividend forecast announced on November 11, 2022. Div
Slide 27: FY12/22 Year-End Dividend of Surplus and Acquisition of Treasury Shares
FY12/22 Year-End Dividend of Surplus and Acquisition of Treasury Shares At the Board of Directors' Meeting held on February 10, 2023, we passed a resolution regarding acquisition of treasury shares by tender offer. Share Buyback Program Total of Total value of Method Type of shares Period of tender
Slide 28: Dividends in the Coming Fiscal Year
Dividends in the Coming Fiscal Year In order to continue to realize an ROE of over 20%, we will firmly maintain our target of a total return ratio of 50% as part of our policy on returns of profits to shareholders. For a flexible return of profits to shareholders, we have the options of offering a d
Slide 29: (Reference) Basic Stance on Capital Policy
(Reference) Basic Stance on Capital Policy ■ Basic Stance on Capital Policy The Fullcast Group maintains a basic policy of maximizing capital efficiency and securing financial soundness to achieve sustained improvement in corporate value. • Maintaining a total return ratio of 50% relative to shareho
Slide 30: (Reference) Sustainability Policy
(Reference) Sustainability Policy We endorse all 17 goals of SDGs. In addition, we consider contributing to the following the goals of SDGs by implementing and promoting our corporate philosophy of “Providing the best place for people to bring out their best” as a core value of our Company. 8. Desce
Slide 31: (Reference) Group Companies List
(Reference) Group Companies List Optimizes Group-wide resources and strategies, Provides services such as data entry and order Fullcast Holdings management outsourcing, credit sales screening as well as directing the business operations of Co., Ltd. group companies agency, billing agency and process
Slide 32: Disclaimer
Disclaimer • Fullcast Holdings’ IR materials have been prepared for the purpose of providing information about our Company, and are not a solicitation for investment. Readers are advised to use these materials at their own discretion and are solely responsible for all decisions based on such use. Al
Slide 33: Providing the best place for people to bring out their best.
Providing the best place for people to bring out their best. [Inquiries] IR : +81-3-4530-4830 URL : https://www.fullcastholdings.co.jp/ir Email : IR@fullcast.co.jp Copyright © 2023 by FULLCAST HOLDINGS CO., LTD. All rights reserved 33