Slide 1: Summary of Reference data Fiscal Year 2016
Summary of Reference data Fiscal Year 2016 (September 1, 2016 to August 31, 2017) （Tokyo Stock Exchange, 1st Section：3048）
Slide 2: Agenda
1. Fiscal Year August 2016 2. Earnings Forecast for FY2017 3. Topics 4. Kojima (Subsidiary)
Slide 3: Consolidated Results Highlights
1. Fiscal Year August 2016 〈Consolidated〉 Results Highlights FY2015 FY2016 (‘16/9 – ’17/8) JPY million; % Results % of sales Results % of sales YoY Forecast Net sales 779,081 100.0 790,639 100.0 101.5 800,000 Gross profit 210,777 27.1 218,865 27.7 103.8 SG&A expenses 188,770 24.2 197,011 24.9 104.4
Slide 4: Non-Consolidated Results Highlights
1. Fiscal Year August 2016 〈Non-Consolidated〉 Results Highlights FY2015 FY2016 (‘16/9 – ’17/8) JPY million; % Results % of sales Results % of sales YoY Forecast Net sales 426,670 100.0 442,607 100.0 103.7 442,000 Gross profit 115,892 27.2 122,636 27.7 105.8 SG&A expenses 102,271 24.0 108,846 24.6 10
Slide 5: Consolidated Net sales
1. Fiscal Year August 2016 〈Consolidated〉 Net sales Net Sales 790.6 bln yen Bic Camera ◆ Existing stores YoY 100.3% (Non-consolidated) (1H 97.4%, 2H 103.3%) 442.6 bln yen ◆ E-commerce YoY 112.6% YoY +15.9 bln yen ◆ Tax-free sales YoY 105.3% Kojima (subsidiary) ◆ Existing stores YoY 101.4% 232.7 bln
Slide 6: Consolidated Operating income
1. Fiscal Year August 2016 〈Consolidated〉 Operating income Operating income 21.8 bln yen Bic Camera ◆ Gross profit （YoY +6.7 bln yen） (Non-consolidated) Gross profit ratio 27.7%（YoY +0.5P） 13.7 bln yen ◆ SG&A expenses（YoY +6.5 bln yen） YoY +0.1 bln yen SG&A expenses ratio 24.6%（YoY +0.6P） Kojima (su
Slide 7: Ordinary income / Net income
1. Fiscal Year August 2016 〈Consolidated〉 Ordinary income / Net income Ordinary income 24.3 bln yen FY2015 FY2016 Non-operating income ◆ Subsidy income － → 0.7 bln yen and expenses ◆ Interest expenses 0.6 bln yen → 0.4 bln yen YoY ＋1.4 bln yen ◆ Commission fee 0.5 bln yen → 0.0 bln yen Profit attrib
Slide 8: Consolidated Quarterly results
1. Fiscal Year August 2016 〈Consolidated〉 Quarterly results 1Q 2Q 1H JPY billion Consolidated Non- Consolidated Consolidated Non- Consolidated Consolidated Non-Consolidated YoY YoY YoY YoY Result YoY Result YoY Net sales (1.1) +0.0 (7.8) (1.5) 385.5 (8.9) 214.7 (1.4) Gross profit +0.3 +0.5 (0.8) +0.
Slide 9: Consolidated Balance Sheet
1. Fiscal Year August 2016 〈Consolidated〉 Balance Sheet As of Aug As of Aug Amount of JPY million 31, 2016 31, 2017 increase Total current assets 167,244 172,153 +4,909 Cash and deposits 25,137 19,997 (5,140) Merchandise and finished goods 93,603 101,812 +8,209 Total property, plant and equipment 76
Slide 10: Consolidated Cash flow statement
1. Fiscal Year August 2016 〈Consolidated〉 Cash flow statement JPY million FY2015 FY2016 Cash flows from Profit before income operating 7,850 19,629 taxes acrivities Cash flows from Purchase of property, investing (4,615) (11,522) plant and equipment activities Cash flows from Net decrease in long- f
Slide 11: Sales by Product line
1. Fiscal Year August 2016 〈Consolidated〉 Sales by Product line FY2015 FY2016 (‘16/9 - ’17/8) JPY million, % % of % of Results Results Bic Camera Kojima YoY sales sales Audio visual products 126,510 16.2 126,904 81,539 39,195 16.1 100.3 Cameras 37,766 4.8 37,926 29,934 7,039 4.8 100.4 TVs 34,481 4.4
Slide 12: Monthly Sales (POS base)
1. Fiscal Year August 2016 Monthly Sales (POS base) （%） 115 Bic Camera(All store) Kojima(All store) 110 105 100 95 2017 2016 Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 11
Slide 13: New Stores (FY2016)
1. Fiscal Year August 2016 〈Consolidated〉 New Stores (FY2016) Sep 14, 2016 Bic Camera Hiroshima station Apr 7, 2017 Bic Camera Nagoya JR Gatetower Jun 22, 2017 Bic Camera AKIBA Sofmap main store → Bic Camera AKIBA store(Convert) Oct 20, 2016 Kojima × Bic Camera Seiyu Hibarigaoka Nov 18, 2016 Kojima
Slide 14: Agenda
1. Fiscal Year August 2016 2. Earnings Forecast for FY2017 3. Topics 4. Kojima (Subsidiary)
Slide 15: Consolidated Earnings Forecast for FY2017
2. Earnings Forecast for FY2017 〈Consolidated〉 Earnings Forecast for FY2017 First half Second half Full year JPY million; % FY2016 FY2017(Forecast) FY2016 FY2017(Forecast) FY2016 FY2017(Forecast) (Sep,2016- (Sep, 2017- (Mar,2017- (Mar, 2018- (Sep,2016- (Sep, 2017- Feb,2017) Feb, 2018) Aug,2017) Aug,
Slide 16: Non-Consolidated Earnings Forecast for FY2017
2. Earnings Forecast for FY2017 〈Non-Consolidated〉 Earnings Forecast for FY2017 First half Second half Full year JPY million; % FY2016 FY2017(Forecast) FY2016 FY2017(Forecast) FY2016 FY2017(Forecast) (Sep,2016- (Sep, 2017- (Mar,2017- (Mar, 2018- (Sep,2016- (Sep, 2017- Feb,2017) Feb, 2018) Aug,2017)
Slide 17: Capital Expenditure / Depreciation
2. Earnings Forecast for FY2017 〈Consolidated〉 Capital Expenditure / Depreciation FY2016 FY2017 (Forecast) 15.6 billion yen 10.5 billion yen Capital ・New stores ・System Expenditure ・Logistics ・New stores ・System ・Renovation of existing stores Depreciation 5.5 billion yen 6.6 billion yen (JPY billion
Slide 18: Return to Shareholders
2. Earnings Forecast for FY2017 〈Consolidated〉 Return to Shareholders FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 （Project） Total 10 10 10 12 12 12 Dividends per Share (JPY) 1H 5 5 5 5 5 5 2H 5 5 5 7 7 7 Total cash dividends (JPY million) 1,717 1,717 1,772 2,182 2,181 ー Payout ratio (%) 70.5 17.4 25.5
Slide 19: Agenda
1. Fiscal Year August 2016 2. Earnings Forecast for FY2017 3. Topics 4. Kojima (Subsidiary)
Slide 20: New Stores (FY2017)
3. Topics 〈Consolidated〉 New Stores (FY2017) Sep 29, 2017 Bic Camera Keio Chofu (ChibaChofu City, Tokyo) Nov 17, 2017 Bic Camera Funabashi Tobu (Funabashi City,) New store in Tobu department store (Bic Camera Funabashi Tobu) New store in shopping center Shopping mall of Keio Corp. Oct 5, 2017 Kojima
Slide 21: E-Commerce
3. Topics 〈Consolidated〉 E-Commerce ■ EC sales FY2016 Consolidated 72.9bln yen（EC sales ratio 9.2％ YoY 105.3％） Non-consolidated 39.0bln yen（EC sales ratio 8.8％ YoY 112.6％） O2O (Online to Offline) “Reserve online, receive in store” (Index) Number of users（FY14 4Q = 100） 600 400 200 0 FY2014 FY2015 FY
Slide 22: PB (Private-brand) products
3. Topics PB（Private-brand）products ■ PB products sales ratio FY2016 4.6％（FY2015 4.0％） ■ PB products is make high profit Sales of PB products increasing PB products sales ratio PB products mix （Bic Camera, Kojima and Sofmap） （FY2016） 10.0% 8.0% AVs・PCs 6.0% ・Cameras Home 4.0% appliances Others 2.0%
Slide 23: Inbound tourists (Tax-free sales)
3. Topics Inbound tourists (Tax-free sales) ■ Tax-free sales per Increase of tax-free customer → ＝ Increase of tax-free sales customer is steady ■ July, 2015 July, 2017 Peak of bulk buying → Sales recovery Increase of inbound tourists (Index) （FY14 1Q = 100) 400 Tax-free customer (Bic camera) Inboun
Slide 24: Expansion of our business
3. Topics Expansion of our business ■ Store : New style store (Non home electric appliance products) ■ Differentiation : Support service business of Sofmap ■ Products : Sales of the IoT household appliance Google Home Store specializing in toys “Smart Home Corner” (Bic Toys PRIMETREE AKAIKE) (Only B
Slide 25: Logistics Reorganization
3. Topics 〈Consolidated〉 Logistics Reorganization ■ Integration and abolishment of logistics center ・Ended in November 2017 25 (Mar, 2012) → 9 (Nov, 2017) ・Number of logistics centers ■ Improvement of the delivery service ■ Expansion of E-commerce ■ Inventory reduction Logistics Reorganization (Capi
Slide 26: Agenda
1. Fiscal Year August 2016 2. Earnings Forecast for FY2017 3. Topics 4. Kojima (Subsidiary)
Slide 27: Kojima Results Highlights
4. Kojima (Subsidiary) 〈Kojima〉 Results Highlights FY2015 FY2016 (‘16/9 – ’17/8) JPY million, % % of % of Results Results YoY Forecast sales sales Net sales 226,297 100.0 232,700 100.0 102.8 233,000 Gross profit 60,098 26.6 62,371 26.8 103.8 SG&A expenses 58,088 25.7 59,624 25.6 102.6 Personnel expe
Slide 28: Kojima Earnings Forecast for FY2017
4. Kojima (Subsidiary) 〈Kojima〉 Earnings Forecast for FY2017 First half Second half Full year JPY million; % FY2016 FY2017(Forecast) FY2016 FY2017(Forecast) FY2016 FY2017(Forecast) (Sep,2016- (Sep, 2017- (Mar,2017- (Mar, 2018- (Sep,2016- (Sep, 2017- Feb,2017) Feb, 2018) Aug,2017) Aug, 2018) Aug,2017
Slide 29: Bic Camera Inc. October, 2017
This document mentions future prospects on our business operations and industry trends based on our current plans, estimates, possibilities or expectations. Expressions of these future prospects are associated with various risks and uncertainties. Already known or unknown risks, uncertainties and ot