fy2013 1q presentation material - ir webcasting · 2013. 7. 26. · aeon retail same store sales,...
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![Page 1: FY2013 1Q Presentation Material - IR Webcasting · 2013. 7. 26. · Aeon Retail Same Store Sales, Customer Traffic, Customer Transaction (yoy) 2012 2Q 3Q 4Q 2013 1Q (%) 0 Same Store](https://reader034.vdocuments.site/reader034/viewer/2022051822/5fec4b63eee59153bc408763/html5/thumbnails/1.jpg)
Copyright 2013 AEON CO., LTD. All Rights Reserved. 1
FY2013 1Q
Presentation Material
July 9th, 2013Aeon Co., Ltd.
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Achieved record-high 1Q operating revenue, operating income and ordinary income
Achieved record-high 1Q operating revenue, operating income and ordinary income
FY13 1Q Financial Result
(bil. yen) FY13 1Q yoy % chg. yoy chg.
OperatingRevenue 1,461 +9.9% +131OperatingIncome 34 +9.8% +3
OrdinaryIncome 38 +4.7% +1
Net Income 13 +0.8% +0
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Business Segment Information
(bil. yen)Operating Revenue Operating Income
FY13 1Q yoy % chg. FY13 1Q yoy chg.
GMS 651 +4.1% 3 +1
SM 372 +7.2% 0 ▲2
Strategic SmallSize Store 63 +16.0% ▲0 ▲0
Financial Services 62 +44.7% 8 +2
SC Development 53 +9.1% 11 +0
Service 99 +21.3% 4 +0
Specialty Store 87 +12.5% 2 +1
ASEAN 43 +90.8% 1 +0
China 34 +15.4% ▲0 ▲1
Total 1,461 +9.9% 34 +3
• All business segments achieved operating revenue increase
• GMS Business, Financial Services Business and Specialty Services Business achieved double digit profit increase
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Result of China Business
Same Store Sales (yoy) of China Business
2012 1Q 2012 3Q 2012 4Q 2013 1Q2012 2Q 2013 April
2013 May
0
(%)+7.6%
2013 June
September, 2012Anti-Japanese demonstration
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FY13 Progress in Priority Subjects
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GMS Reform
GMS reform under new management team from Feb. 2013
GMS reform under new management team from Feb. 2013
Accuracy improvement of
store refurbishment
Sales increase by one-to-one
customer service
• Locate 70 staff with wine advisor qualification
• Yoy 8% increase in Wine sales
• Planning refurbishment by analyzing business region, purchase history of cardholder
• Aeon Kasai increased sales by 25% yoy after refurbishment
【 New projects under new management team 】
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GMS Reform (Refurbishment)BeforeBefore AfterAfter
Exterior
Miyaiya
Book S
tore
Aeon Kasai Store
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Aeon Kasai Store after refurbishment
Culture School
Aeon Fitness Studio
Café KO-U-AN
Event Hall
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GMS Reform (New Store)
Aeon Osaka Dome Store
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‐4
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GMS Reform
Aeon Retail Same Store Sales, Customer Traffic, Customer Transaction (yoy)
3Q 4Q 2013 1Q2012 2Q
(%)
0
Same Store Sales
Customer transaction
Customer traffic
+4.1%(preliminary)
6月度
Performance is in improving trend with same store sales, customer traffic and
customer transaction improved yoy.
Performance is in improving trend with same store sales, customer traffic and
customer transaction improved yoy.
+0.7%
1Q
June
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Expanding Private Brands
Introduced value-added products Men’s suits with high quality Italian fabric
Topvalu men’s suits with Italian fabric
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Expanding Private Brands
Developing products for “cooking less “ and “health conscious” customers
Ready Meal Healthy Ai
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Expanding Private Brands
Increase sales by expanding new channel
• Expand “Best Price” lineup for discount store format
• Develop products for small-size store(small-serving product, product with a touch of indulgence)
• Establish Topvalu developing subsidiary in Malaysia
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New Group Company: Aeon Market
・ Introduced Aeon Card, WAON, Aeon Bank ATM
・ Started “customer appreciation day” promotion
・ Started selling Topvalu
・ Started store refurbishment
・ Introduced Aeon Card, WAON, Aeon Bank ATM
・ Started “customer appreciation day” promotion
・ Started selling Topvalu
・ Started store refurbishment
Aeon MarketAeon Market
Peacock Kamiikedai Store
Started working with group companiesright after joined
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New Group Company: Aeon Big Malaysia
Store performance improved by learning good group practice and changing promotion practice
Aeon Big Malaysia Kepong Store
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Interest-Bearing Debt (w/o Financial Business)
Under 1 trillion yen
2014/2 Plan
D/E Ratiow/o Financial
business0.9 times
Interest-bearing Debt/EBITDA 4.0 times
Interest-bearing Debt
w/o Financial business
Initiatives will reduce debt as plannedInitiatives will reduce debt as planned
• Cash management
• Improve working capital
• Utilize REIT
• Cash management
• Improve working capital
• Utilize REIT
InitiativesInitiatives
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Balance Sheets for Financial Business
Only major items are shown 2013/2 2013/5 Change
Deposits 247 273 +26
Account Receivables (incl. Loan Receivables)
472 694 +222
Securities 241 195 ▲46
Operating Loans, Loans for banking business
1,089 1,253 +163
Fixed Assets 102 110 +8
Total Assets 2,318 2,546 +227
2013/2 2013/5 Change
Account Payable 101 135 +34
Interest-bearing Debt 718 609 ▲108
Deposit for banking business 1,156 1,420 +264
Total Liabilities 2,128 2,332 +203
Net Assets 190 213 +23
Total Liabilities + Net Assets 2,318 2,546 +227
(bil. yen)
2013/2 figures were adjusted to conform accounting policy for 2013/5
Sound portfolio targeting personal lendingGrowing deposit base helped reduce debtSound portfolio targeting personal lendingGrowing deposit base helped reduce debt
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FY13 Financial Plan
Target 6 trillion Operating Revenueand over 200 billion Operating Income
Target 6 trillion Operating Revenueand over 200 billion Operating Income
(bil. yen)2013/2Actual
2014/2Plan yoy chg.
Operating Revenue 5,685 6,000 +5.5%
Operating Income 190 200~210 +9~19
Ordinary Income 212 215~225 +2~12
Net Income 74 75 +0
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Disclaimer
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This material contains projections based on the assumptions, forecasts and plans on futures. Due to the risks and unpredictable factors such as the environmental change of world economy and currency fluctuations, the actual results could be different from the described projections.