November 10, 2023
ZENSHO HOLDINGS CO., LTD.
Disclaimer
The contents of this material are based on the decision made by the management of ZENSHO
HOLDINGS, based on information that is currently available, and may contain risks and uncertainties. Therefore, actual business results may differ substantially from the forecasts in this material. The information contained in this presentation does not constitute or form solicitation or invitation to buy or subscribe for any securities. All investment decisions should be made by the investors themselves. ZENSHO HOLDINGS is not responsible for any losses that may arise from the use of information in this document. The copyright of this material belongs to ZENSHO HOLDINGS CO., LTD. Redistribution or, duplication of this document in whole or in part without the permission of ZENSHO HOLDINGS CO., LTD. is prohibited.
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ZENSHO HOLDINGS CO., LTD.
Highlights
Financial Results for FY2023
Net Sales | 452.6billion yen（YoY | 20.5%） | |
Operating Profit | 25.3 billion yen（YoY | 3.1 times） | |
Profit attributable to owners of parent | 15.7 billion yen（YoY | 2.1 times) | |
Same store sales (YoY) | |||
Global Sukiya | 118.1% | ||
Global Hamasushi | 110.2% | ||
Global Fast Food | 114.1% | ||
Restaurants | 126.4% |
New Store Openings TOTAL | 283 | outlets |
（ Japan | 50 | outlets） |
（ Overseas | 233 | outlets） |
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ZENSHO HOLDINGS CO..,,LTD..
Income Statement | Financial Results for FY2023 |
（Unit: billion yen）
FY2022 | FY2023 |
Apr.-Sep. | |
results | |
Sales | 375.7 |
Cost of Sales | 177.7 |
(Component Ratio) | (47.3%) |
SGA | 189.7 |
(Component Ratio) | (50.5%) |
Operating Profit | 8.1 |
(Component Ratio) | (2.2%) |
Ordinary Profit | 13.7 |
(Component Ratio) | (3.7%) |
Net Profit | 7.3 |
(Component Ratio) | (2.0%) |
Apr.-Sep. results
452.6
206.3 (45.6%) 220.9 (48.8%) 25.3 (5.6%) 24.4 (5.4%) 15.7 (3.5%)
Differences
＋76.8
＋28.5 (-1.7%pt)＋31.1 (-1.7%pt)＋17.2
＋10.6 ＋8.3
YoY +20.5%
+16.0% +16.4%
3.1 times +78.0%
2.1 times
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ZENSHO HOLDINGS CO..,,LTD..
Segment Analysis : Sales
-
+76.8 billion yen increase (YoY)
452.6
375.7
FY2022 2Q | FY2023 2Q |
※（ ）Sales composition
Financial Results for FY2023
Others | （Unit: billion yen） |
+1.4
Corporate and Support
+0.1
Retail
+0.6
Restaurants
+14.0
Global Fast Food
+23.1
Global Hamasushi
+13.8
Global Sukiya
+23.5
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ZENSHO HOLDINGS CO..,,LTD..
Segment Analysis : Operating Profit
-
+17.2 billion yen increase (YoY)
25.3
8.1
Financial Results for FY2023
Others | （Unit: billion yen） |
+0.0
Corporate and Support
+2.6
Retail
+0.6
Restaurants
+4.3
Global Fast Food | |
+0.9 | |
Global Hamasushi | |
+0.7 | |
Global Sukiya | |
+7.9 | |
FY2022 2Q | FY2023 2Q |
※（ ）Sales composition | 5 |
ZENSHO HOLDINGS CO..,,LTD..
Balance Sheet
Financial Results for FY2023
（Unit: billion yen）
Mar.31 | Sep.31 | Differences |
/2023 | /2023 | |
Mar.31 | Sep.31 | Differences |
/2023 | /2023 | |
Current Assets
Cash and Deposits
Other Current Assets
Noncurrent Assets
Tangible Assets
Intangible Assets
Total Investments and
Other Assets
Deffered Assets
Total Assets
157.9 | 171.1 | +13.1 |
64.6 55.2 -9.4
93.3 | 115.9 | +22.6 |
311.5 457.7 +146.2
181.8 | 217.3 | +35.4 |
65.4 170.6 +105.1
64.2 69.7 +5.5
0.0 | 0.7 | +0.6 |
469.5 | 629.5 | +159.9 |
Liabilities
Interest-bearingDebt
Other Liabilities
Total Net Assets
Share Capital
Capital surplus
Retained earnings
Treasury shares
Accumulated other comprehensive income
Total Liabilities and
Net Assets
353.7 | 469.7 | +115.9 |
217.1 | 282.0 | +64.8 |
136.5 | 187.7 | +51.1 |
115.8 | 159.8 | +43.9 |
50.8 | 80.6 | +29.8 |
60.5 | 74.2 | +13.6 |
-6.9 | -13.7 | -6.7 |
11.1 | 18.4 | +7.2 |
469.5 | 629.5 | +159.9 |
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ZENSHO HOLDINGS CO..,,LTD..
Financial Indexes
Financial Results for FY2023
- Unit: billion yen ）
Interest-bearing Debt, Net D/E ratio | Net Assets ratio, Equity Capital ratio |
Interest-bearing Debt
Net D/E ratio ※ Net D/E ratio
※A certain proportion of the outstanding subordinated loans as much as JPY60billion is recognized as part of equity capital in calculation of below financial numbers.
Equity Capital
Equity Capital ratio ※ Equity Capital ratio
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ZENSHO HOLDINGS CO..,,LTD..
Cash Flow
Financial Results for FY2023
（Unit: billion yen）
Operating Cash Flow
Investing Cash Flow
Free Cash Flow
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ZENSHO HOLDINGS CO..,,LTD..
Income Statement Forecast for Fiscal Year 2023
（Unit: billion yen） | |||||||
FY2022 | FY2023 | ||||||
Previous | Revised | Variance With | |||||
Results | YOY Variance | Previous | |||||
Forecast | Forecast | ||||||
Forecast | |||||||
Sales | 779.9 | 898.4 | 960.0 | ＋180.1 | ＋61.6 | ||
Cost of Sales | 365.0 | 417.9 | 439.9 | ＋74.9 | ＋22.0 | ||
(Component Ratio) | (46.8%) | (46.5%) | (45.8%) | (▲0.3%pt) | |||
SGA | 393.1 | 440.4 | 469.0 | ＋75.9 | ＋28.6 | ||
(Component Ratio) | (50.4%) | (49.0%) | (48.9%) | (▲1.4%pt) | |||
Operating Profit | 21.7 | 40.0 | 51.0 | ＋29.3 | ＋11.0 | ||
(Component Ratio) | (2.8%) | (4.5%) | (5.3%) | ||||
Ordinary Profit | 28.0 | 37.3 | 48.0 | ＋20.0 | ＋10.7 | ||
(Component Ratio) | (3.6%) | (4.2%) | (5.0%) | ||||
Net Profit | 13.2 | 23.0 | 30.0 | ＋16.8 | ＋7.0 | ||
(Component Ratio) | (1.7%) | (2.6%) | (3.1%) | 9 | |||
ZENSHO HOLDINGS CO..,,LTD..