Autobacs Seven Co., Ltd. · TSE:9832
Autobacs Seven — Q1 FY March 2023 Earnings Presentation
30 slides from Autobacs Seven's earnings presentation, Jul 29, 2022
Slide 1: Results for the Three Months ended June 30, 2022
Results for the Three Months ended June 30, 2022 AUTOBACS SEVEN CO., LTD. July 29, 2022
Slide 2: Table of Contents
Table of Contents Results of the First Three Months of FY March 31, 2023 1. Overview of Business Results P.2 2. Domestic AUTOBACS Business P.5 3. Overseas Business P.7 4. Car dealership ,BtoB and P.9 Online Alliance Business TOPICS 5. TOPICS P.11 (Five-Year Rolling Plan,SDGs,etc.) 6. Other Documents
Slide 3: 1Q FY March 2023 Consolidated P/L
Overview of Business Results 1Q FY March 2023 Consolidated P/L Net sales and income increased, mainly due to the capturing of demand for maintenance parts for existing owned cars, despite the impact of a surge in raw material prices and a reduction in new car production The Domestic AUTOBACS Busines
Slide 4: Highest consolidated sales and operating income in the past five years
Overview of Business Results 1Q FY March 2023 Consolidated P/L Five Years Transition Highest consolidated sales and operating income in the past five years （Billion Yen） Sales changes （Billion Yen） Operating income changes 54.0 1.8 1.6 52.0 1.4 50.0 1.2 48.0 1.0 52.8 0.8 46.0 52.2 1.51 1.56 50.5 49.
Slide 5: Segment Information
Overview of Business Results Segment Information 1Q FY March 1Q FY March (Million Yen) YoY Summary 2023 2022 Sales 40,562 39,939 +1.6% Demand for maintenance parts for existing owned cars grew due to the impact of a Domestic Gross profit 13,788 13,512 +2.0% decline in new car production, more than o
Slide 6: Retail Sales in Total AUTOBACS Group Stores
Domestic AUTOBACS Business Retail Sales in Total AUTOBACS Group Stores RETAIL SALES INCLUDING FCs: 62.9 billion yen (+3.7% YoY) （Billion Yen） 60.6 62.9 Result YoY 70 Automotive goods & services 48.6BY +1.5% 60 8.2BY +21.8% 50 Used car purchase & sales 7,497 cars +8.1% 40 47.8 48.6 Number of fully ce
Slide 7: Sales Variance by Merchandise
Domestic AUTOBACS Business Sales Variance by Merchandise Sales changes by merchandise category(YoY change in amount; total store basis) (Million Yen） 2,000 1,898 1,500 1,000 764 Car Electronics Motor Sports Accessories Car Leisure Car Repair 500 Goods Goods 213 Items 80 69 21 6 0 Services inspection
Slide 8: Overseas Business Sales and Operating Income Changes
Overseas Business Overseas Business Sales and Operating Income Changes Sales increased despite the impact of the Ukraine situation and COVID-19 pandemic Main factor in the operating loss: The gross profit ratio decreased, Operating Income Sales (Million Yen) reflecting the disposal of the inventory
Slide 9: Performance by Overseas Subsidiaries
Overseas Business Performance by Overseas Subsidiaries （Million Yen） France Australia Singapore China Malaysia Number of stores 10 0 2 0 5 23/3 22/3 23/3 22/3 23/3 22/3 23/3 22/3 23/3 22/3 Period 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q 1Q Net sales 1,737 1,544 677 484 438 333 267 180 36 9 SG&A 975 896 161 120 23
Slide 10: Car Dealer, BtoB and Online Alliance Business Sales and Operating Income Changes
Car Dealer, BtoB and Online Alliance Business Car Dealer, BtoB and Online Alliance Business Sales and Operating Income Changes Sales decreased in the car dealership business due to the impact of a reduction in new car production. Even so, operating income remained at the year-ago level thanks to eff
Slide 11: Car Dealer, BtoB and Online Alliance Business Overviews
Car Dealer, BtoB and Online Alliance Business Car Dealer, BtoB and Online Alliance Business Overviews Car Dealership Business ✓ Start operation of authorized Audi dealerships in April 2021. This enabled the Company to promote three brands BMW, MINI and Audi as a dealership business. ✓ Secured the ye
Slide 12: Our Goals through Five-year Rolling Plan
TOPICS Our Goals through Five-year Rolling Plan Actively promote collaboration across business boundaries to improve customer convenience 11
Slide 13: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX Automotive goods sales network Efforts to create networks ◼ Collaborations with Nissan Motor Co., Ltd. - Formed a business alliance with Nissan crossing the boundaries between industries to improve customer convenience and create a richer car lifestyle culture
Slide 14: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX Efforts to create networks ■Operates Authorized Dealers of ■AUTO IN Shaken and Tire Center BMW, MINI, and Audi Next- Automotive Multi-Dealer Generation Service Pit related Network Maintenance Network Goods Sales Network Network - Commenced the operation of Aud
Slide 15: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX ◼ Creating a local network for Efforts to create networks maintenance Next- Generation Service Pit Maintenance Network Network - Established a system to respond promptly to environmental changes surrounding the maintenance industry, thus establishing a system
Slide 16: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX Opened a new ADAS Calibration Center* Efforts to create networks Next- Service Pit *Recently launched cars come with many features supporting safe driving, such as Generation Network automatic braking. They therefore have cameras and sensors mounted on the Mai
Slide 17: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX ■Launch of a cloud-based service Efforts to create networks detecting drunkenness and alcohol consumption for ■AUTOBACS app upgraded corporate use Automotive- related Goods Sales Network Online Network - The facility also has the ability to record vehicles' ma
Slide 18: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX Initiatives of each business ■Opening of the brand's first store GORDON MILLER KURAMAE - The garage lifestyle-focused brand GORDON MILLER has opened its first store - The store is the only one store that sells all GORDON MILLER items. - The product lineup incl
Slide 19: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX Initiatives of each business ■ Opened a lifestyle-oriented VRNVROOMN online mall - Opened a lifestyle-oriented online mall, mainly featuring the collection of AUTOBACS' original brands such as JACK&MARIE, GORDON MILLER and ARTA in July 2022. - Aim to offer med
Slide 20: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX Logistics Infrastructure Initiatives for the establishment of business foundations ◼ Logistics reform through an AI-based DX of logistics (January 2022) — Invested in GROUND, a provider of logistics solutions, and concluded a business alliance agreement — - Vi
Slide 21: Five-year Rolling Plan: APPENDIX
TOPICS Five-year Rolling Plan: APPENDIX Initiatives for the establishment of ■Selected under the 2022 Certified business foundations Health & Productivity Management Outstanding Organizations Recognition ■Recognized as a DX-certified operator Program (White 500) (March 2022) HR IT Information Infras
Slide 22: Initiatives for ESG・SDGs
TOPICS Initiatives for ESG・SDGs Materiality was identified through discussions at the Board of Directors Society we want to realize Our ideal company we want to be Safe, secure, and gentle society in which people, cars, and the Professional & Friendly environment exist in harmony Social issues that
Slide 23: Initiatives for ESG・SDGs
TOPICS Initiatives for ESG・SDGs The Company will set out non-financial targets to achieve materiality and move forward with the establishment of KPIs relevant to such targets. Non-financial targets Materiality Approach Promoting efforts to achieve zero traffic accidents Creation of Safety and Improv
Slide 24: Response to Climate Change
TOPICS Response to Climate Change Positioning its response to climate change as an important management issue, the Company expressed its support for the TCFD recommendations in June 2022. The TCFD Disclosure Team responsible for analyzing scenarios has been established to engage in the task of ident
Slide 25: 1Q FY March 2023 Used Car Purchasing and Sales
Other Documents 1Q FY March 2023 Used Car Purchasing and Sales Total 7,497cars YoY +8.1％ BtoB Sales Retail Details No. of cars sold Details No. of cars sold Sales to 129 Used cars 1,597 Headquarters Sales to AA(Auto Auction) via 985 New cars 817 Headquarters Direct sales from 3,969 stores BtoB total
Slide 26: Domestic Store Sales/Number of Purchasing Customers Changes
Other Documents Domestic Store Sales/Number of Purchasing Customers Changes [Same store basis (YoY)] Sales: +3.4% Number of purchasing customers: -1.4% Same store sales and number of purchasing customers at Sales 20% domestic AUTOBACS-chain stores (YoY) 0% -20% 20% Number of Purchasing Customers 0%
Slide 27: Store Openings and Closings
Other Documents Store Openings and Closings FY March 2023 No. of No. of Domestic stores at 1Q (Result) No. of 2Q-4Q (Plan) stores at stores end of March New S&B R/L Close stores at end of June New S&B R/L Close end of March 2022 2022 2023 AUTOBACS 494 +1 495 +2 +1/－1 497 Super AUTOBACS 74 74 +1/－1 7
Slide 28: Balance Sheet: Assets
Other Documents Balance Sheet: Assets 179.7BY 176.5BY 214.9BY 189.9BY 183.3BY （Billion Yen） 28.5 Cash and deposit 24.8 Notes and 37.3 29.1 accounts 30.6 24.00 receivable - 25.8 trade 24.2 24.2 23.4 21.7 Merchandise 21.5 20.3 21.3 23.1 Accounts 32.00 receivable - 25.7 other 15.1 16.6 16.7 9.7 10.0 13
Slide 29: Balance Sheets: Liabilities and Equity
Other Documents Balance Sheets: Liabilities and Equity 179.7BY 176.5BY 214.9BY 189.9BY 183.3BY （Billion Yen） Notes and 34.3 accounts payable - trade 6.5 17.7 13.9 1.7 15.3 1.6 15.8 1.7 Short-term 19.6 14.4 11.7 1.4 12.1 borrowings 10.8 11.8 15.2 12.8 12.6 Accounts 2.9 10.7 4.9 5.2 1.9 2.0 payable -
Slide 30: Forward-Looking Statements
Forward-Looking Statements These materials include forecasts regarding the Company’s future plans, strategies, and performance. This information is based on judgments and forecasts made in accordance with information currently available. Actual results may differ materially from forecasts due to suc
Autobacs Seven — Q1 FY March 2023 Earnings Presentation on 6ix