Cac Holdings Corporation · TSE:4725
Cac — Q1 FY2024 Earnings Presentation
23 slides from Cac's earnings presentation, May 14, 2024
Slide 1: Briefing on Results for the 1st quarter FY2024
Briefing on Results for the 1st quarter FY2024 － January to March 2024－
Slide 2: Agenda
Agenda 1. Overview of Financial Results for the 1st quarter FY2024 2. Consolidated Forecasts for FY2024 3. Progress of Medium-Term Management Plan 4. Reference
Slide 3: Overview of Financial Results for the 1st quarter FY2024
1 Overview of Financial Results for the 1st quarter FY2024
Slide 4: Overview of Consolidated Results
Overview of Consolidated Results YoY change 1st quarter 1st quarter FY2023 FY2024 ▍Overview of profit and loss (JPY mil) Amount % Net sales 12,441 12,855 +413 +3.3% Net sales increased slightly due to the Gross profit 3,040 3,263 +223 +7.4% increase in sales of domestic core subsidiaries and the e
Slide 5: Net Sales Analysis
Net Sales Analysis Despite the impact of the deconsolidation (exclusion of one subsidiary in Domestic IT business from consolidation), net sales increased slightly year-on-year due to the growth of core subsidiaries and the weak yen. JPY 100 mil USA・CHINA＋2.0 INDIA・Indonesia-1.3 Weak yen effect＋3.
Slide 6: Adjusted EBITDA Analysis
Adjusted EBITDA Analysis Although there was a decrease in profit due to active investment for growth foundation (for example, investment in new business development and human capital) and the deconsolidation, there was a slight increase due to the effect of increase in revenue and cost reduction t
Slide 7: Net Sales / Adjusted EBITDA by Segment
Net Sales / Adjusted EBITDA by Segment ▍Net Sales For details, please refer to Overview by Segment. 1st quarter FY2023 1st quarter FY2024 YoY change (JPY mil) Amount % Amount % Amount % Domestic IT 9,310 74.8% 9,388 73.0% +77 +0.8% Overseas IT 3,130 25.2% 3,466 27.0% +336 +10.7% Total 12,441 100.0%
Slide 8: (Reference) Net Sales / Operating Profit by Segment
(Reference) Net Sales / Operating Profit by Segment ▍Net sales 1st quarter FY2023 1st quarter FY2024 YoY change (JPY mil) Amount % Amount % Amount % Domestic IT 9,310 74.8% 9,388 73.0% +77 +0.8% Overseas IT 3,130 25.2% 3,466 27.0% +336 +10.7% Total 12,441 100.0% 12,855 100.0% +413 +3.3% ▍Operating p
Slide 9: Orders Received / Order Backlog by Segment
Orders Received / Order Backlog by Segment ▍Orders Received For details, please refer to Overview by Segment. 1st quarter FY2023 1st quarter FY2024 YoY change (JPY mil) Amount % Amount % Amount % Domestic IT 11,458 65.0% 11,438 67.7% -19 - 0.2% Overseas IT 6,157 35.0% 5,455 32.3% -701 - 11.4% Total
Slide 10: Overview by Segment: Domestic IT
Overview by Segment: Domestic IT 1st quarter 1st quarter (JPY mil) YoY change FY2023 FY2024 ▍Summary 11,438 Orders 11,458 -19 -0.2% Orders received and net sales were received unchanged from the same period of the previous fiscal year due to the increase in sales of core subsidiaries, Net sales 9,
Slide 11: Overview by Segment: Overseas IT
Overview by Segment: Overseas IT (JPY mil) 1st quarter 1st quarter YoY change FY2023 FY2024 ▍Summary 5,455 Orders 6,157 -701 -11.4% received Orders received decreased mainly due to the significant decrease in projects in financial services and information & communications, despite the Net sales 3,
Slide 12: Forecasts for FY2024
２ Forecasts for FY2024
Slide 13: Forecasts for FY2024
Forecasts for FY2024 As the progress has been largely in line with expectations, the full-year earnings forecast remains unchanged. The annual dividend forecast remains unchanged. FY2024 FY2023 1st quarter (JPY mil) Forecast % Results Results Net sales 12,855 51,500 +25.0% 50,539 Adjusted EBITDA
Slide 14: Progress of Medium-Term Management Plan
３ Progress of Medium-Term Management Plan
Slide 15: Trend in Net Sales of P&S (Products and Services) Business
Trend in Net Sales of P&S (Products and Services) Business In the product and service business, sales remained strong. (JPY 100 mil) 60 FY2025 Targets 50 17 16 4Q 17 3Q 1２ 19 2Q 3 10 1Q FY2022 FY2023 1Q FY2024 15 Copyright © CAC Holdings Corporation All Rights Reserved.
Slide 16: Business Expansion through M&A and Capital Alliance
Business Expansion through M&A and Capital Alliance Based on the Medium-Term Management Plan, we implemented M&A and capital alliance with the aim of expanding P&S business and contracted business from 2023. 4 M&A were conducted from January 2024 through March 2024. We expect synergies from the
Slide 17: Status of Investments for Growth
Status of Investments for Growth From FY2022 through the first quarter of 2024, we spent about 4.7 billion yen. Investments were made with assets held and borrowings. Business investment increased due to M&A, etc. Main Investment Investment Investment execution Investment fund investment execu
Slide 18: Reference
4 Reference
Slide 19: Orders Received by Industry
Orders Received by Industry 1st quarter FY2023 1st quarter FY2024 YoY change (JPY mil) Amount % Amount % Amount % Financial services 4,903 27.8% 5,077 30.0% +173 +3.5% Pharmaceuticals 3,895 22.1% 4,160 24.6% +265 +6.8% Manufacturing 2,405 13.7% 2,477 14.7% +71 +3.0% 1,783 10.6% Information & communi
Slide 20: Net Sales by Industry
Net Sales by Industry 1st quarter FY2023 1st quarter FY2024 YoY change (JPY mil) Amount % Amount % Amount % Financial services 4,028 32.4% 4,428 34.4% +400 +9.9% Pharmaceuticals 2,122 17.1% 2,269 17.7% +147 +6.9% Manufacturing 2,092 16.8% 1,825 14.2% -267 - 12.8% 1,683 13.1% Information & communicat
Slide 21: Orders Received by Segment & Industry
Orders Received by Segment & Industry 1st quarter FY2023 1st quarter FY2024 YoY change (JPY mil) Amount % Amount % Amount % Domestic IT 11,458 65.0% 11,438 67.7% -19 -0.2% Financial services 2,585 14.7% 2,891 17.1% +306 +11.9% Pharmaceuticals 3,660 20.8% 3,898 23.1% +238 +6.5% Manufacturing 1,809 10
Slide 22: Orders Received by Segment & Industry
Orders Received by Segment & Industry 1st quarter FY2023 1st quarter FY2024 YoY change (JPY mil) Amount % Amount % Amount % Domestic IT 9,310 74.8% 9,388 73.0% +77 +0.8% Financial services 2,815 22.6% 3,214 25.0% +399 +14.2% Pharmaceuticals 1,960 15.8% 1,992 15.5% +31 +1.6% Manufacturing 1,722 13.8%
Slide 23: Contact
Contact Corporate Communication Group, Corporate Planning Department Tel: 03-6667-8070 E-mail: prir@cac.co.jp https://www.cac-holdings.com/