Fullcast Holdings Co., Ltd. · TSE:4848
Fullcast — FY2021 Earnings Presentation
32 slides from Fullcast's earnings presentation, Feb 10, 2022
Slide 1: Consolidated Business Results for the Fiscal Year Ended December 2021
Consolidated Business Results for the Fiscal Year Ended December 2021 (Jan.–Dec. 2021) Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevai
Slide 2: Agenda
Agenda 1. FY12/21 Consolidated Business Highlights (Jan.–Dec. 2021) 2. FY12/21 Segment Highlights (Jan.–Dec. 2021) 3. FY12/21 Summary 4. FY12/22 Business Targets and Strategy 5. FY12/22 Business Forecasts 6. Medium-Term Management Plan 2024 7. Shareholder Returns for FY12/21 and FY12/22 Copyright ©
Slide 3: 1. FY12/21 Consolidated Business Highlights
1. FY12/21 Consolidated Business Highlights (Jan.–Dec. 2021) Copyright © 2022 by FULLCAST HOLDINGS CO., LTD. All rights reserved 3
Slide 4: Consolidated: FY12/21 Comparison vs. Business Forecast
Consolidated: FY12/21 Comparison vs. Business Forecast • Consolidated results exceeded our revised full-year business forecast for the fiscal year ended December 2021 (announced on November 5, 2021) as we exceeded our forecasts for net sales (102.5%), operating profit (100.6%), and ordinary profit (
Slide 5: Consolidated: FY12/21 Comparison vs. Business Forecast (By Segment)
Consolidated: FY12/21 Comparison vs. Business Forecast (By Segment) • In our Group’s mainstay “Short-Term Operational Support Business”, sales of the mainstay placement and BPO services grew following a recovery in client demand, while dispatching and outsourcing services grew following the acquisit
Slide 6: Consolidated: FY12/21 Year-on-Year Comparison
Consolidated: FY12/21 Year-on-Year Comparison • Net sales increased by 21.1% year-on-year, driven by sales growth in the “Short-Term Operational Support Business” due ongoing recovery in client demand and acquisition of public sector projects mainly supporting public vaccinations, despite the negati
Slide 7: Consolidated: FY12/21 Year-on-Year Comparison
Consolidated: FY12/21 Year-on-Year Comparison • Ordinary profit increased due to the same factors as operating profit. • Profit attributable to owners of parent increased by 21.9% year-on-year, although a gain on sale of investment securities was booked as an extraordinary income in the previous fis
Slide 8: 2. FY12/21 Segment Highlights
2. FY12/21 Segment Highlights (Jan.–Dec. 2021) Copyright © 2022 by FULLCAST HOLDINGS CO., LTD. All rights reserved 8
Slide 9: Short-Term: FY12/21 Year-on-Year Comparison
Short-Term: FY12/21 Year-on-Year Comparison Net sales (Million yen) +26.8％ Net sales 46,550 • Net sales increased by 26.8% year-on-year, due 36,700 mainly to the recovery in client demand throughout the fiscal year and acquisition of public sector projects mainly supporting public vaccinations, desp
Slide 10: Short-Term: FY12/21 Year-on-Year Comparison (By Service Category)
Short-Term: FY12/21 Year-on-Year Comparison (By Service Category) (Million yen) Rate of • Gross profit of “Placement” services increased FY12/20 FY12/21 Difference 9.5% attributed to the sustained recovery trend change in client demand even during Japan’s state of emergency. Even after the lifting o
Slide 11: Sales: FY12/21 Year-on-Year Comparison
Sales: FY12/21 Year-on-Year Comparison Net sales (Million yen) (19.6)% Net sales 4,377 • Net sales decreased by 19.6% year-on-year due mainly to the impact of COVID-19 on the 3,520 entertainment business and the exclusion of NIHON DENKI SERVICE Co., Ltd. (currently, ENECLOUD, Inc.) from the scope of
Slide 12: Security, Other: FY12/21 Year-on-Year Comparison
Security, Other: FY12/21 Year-on-Year Comparison Net sales (Million yen) +6.8％ Net sales 2,296 • Net sales increased by 6.8% year-on-year due to an 2,149 increase in permanent security projects throughout the year and an increase in temporary security projects, including demand for the Olympic and P
Slide 13: 3. FY12/21 Summary
3. FY12/21 Summary Copyright © 2022 by FULLCAST HOLDINGS CO., LTD. All rights reserved 13
Slide 14: FY12/21 Business Targets and Strategy
FY12/21 Business Targets and Strategy Business Targets for the Fiscal Year Ended December 2021 Quickly restoring performance using customer-first approaches by addressing the external environment in a flexible manner Business Strategy for the Fiscal Year Ended December 2021 Strategy 1: Strategy 2: P
Slide 15: FY12/21 Business Strategy
FY12/21 Business Strategy • We opened a total of 10 new offices as initially planned. We also closed 3 registration centers following the penetration of “online registration services” in an effort to rationalize operations. New office openings in 1H(opened Feb. 1) New office openings in 2H(opened Se
Slide 16: Ongoing Initiatives
Ongoing Initiatives ● Initiative 1: Strengthen Hiring Capability • Hiring activities were carried out • Recruitment expenses increased following the recovery trend in client 41.5% year-on-year and the Number company demand; therefore, the Recruitment recruitment expense ratio (vs. gross of hires num
Slide 17: Ongoing Initiatives
Ongoing Initiatives ● Initiative 2: Increase Number of Operating ● Initiative 3: Increase Number of Customers Workers • The number of operating workers • The number of customers increased by Number of increased by 11.5% year-on-year 4.2% year-on-year driven mainly by the Number of 13.5% increase in
Slide 18: 4. FY12/22 Business Targets and Strategy
4. FY12/22 Business Targets and Strategy Copyright © 2022 by FULLCAST HOLDINGS CO., LTD. All rights reserved 18
Slide 19: FY12/22 Business Targets and Strategy
FY12/22 Business Targets and Strategy Business Targets for the Fiscal Year Ending December 2022 Under a client-first approach, aim for greater business growth and expansion of peripheral services Business Strategy for the Fiscal Year Ending December 2022 Strategy 1: Strategy 2: Continue with initiat
Slide 20: 5. FY12/22 Business Forecasts
5. FY12/22 Business Forecasts Copyright © 2022 by FULLCAST HOLDINGS CO., LTD. All rights reserved 20
Slide 21: FY12/22 Business Forecasts
FY12/22 Business Forecasts • We aim to further grow the Group’s business results with a focus on the mainstay “Short-Term Operational Support Business.” • We assume that in the fiscal year ending December 2022 the impacts of the COVID-19 pandemic will ease and economic activities will gradually head
Slide 22: FY12/22 Business Forecasts by Segment and Service Category
FY12/22 Business Forecasts by Segment and Service Category • We plan to focus on further growing “Placement” and “BPO” services, both mainstay services of the “Short- Term Operational Support Business.” • Our forecast for net sales of “Outsourcing” services of the “Short-Term Operational Support Bus
Slide 23: 6. Medium-Term Management Plan 2024
6. Medium-Term Management Plan 2024 Copyright © 2022 by FULLCAST HOLDINGS CO., LTD. All rights reserved 23
Slide 24: Review of Previous Medium-Term Management Plan
Review of Previous Medium-Term Management Plan Operating profit • In the previous medium-term management plan, we achieved the target of a record high 5.0 billion yen in operating profit ahead of plan in FY12/18. • Newly updated medium-term management plan targets were set from FY19, but due to the
Slide 25: Overview of New MTMP 2024
Overview of New MTMP 2024 • The Fullcast Group has established “Medium-Term Management Plan 2024.” For details, please see “Notice of Establishment of Medium-Term Management Plan 2024” released today (February 10, 2022). Copyright © 2022 by FULLCAST HOLDINGS CO., LTD. All rights reserved 25
Slide 26: 7. Shareholder Returns for FY12/21 and FY12/22
7. Shareholder Returns for FY12/21 and FY12/22 Copyright © 2022 by FULLCAST HOLDINGS CO., LTD. All rights reserved 26
Slide 27: FY12/21 Year-End Dividend of Surplus and Acquisition of Treasury Shares
FY12/21 Year-End Dividend of Surplus and Acquisition of Treasury Shares • At the Board of Directors' Meeting held on February 10, 2022, we passed a resolution to pay a 23 yen per share year-end dividend of surplus, which is the same as the year-end dividend forecast announced on November 5, 2021, an
Slide 28: Dividends in the Coming Fiscal Year
Dividends in the Coming Fiscal Year • In order to continue to realize an ROE of over 20%, we will firmly maintain our target of a total return ratio of 50% as part of our policy on returns of profits to shareholders. For a flexible return of profits to shareholders, we have the options of offering a
Slide 29: (Reference) Basic Stance on Capital Policy
(Reference) Basic Stance on Capital Policy ■ Basic Stance on Capital Policy The Fullcast Group maintains a basic policy of maximizing capital efficiency and securing financial soundness to achieve sustained improvement in corporate value. • Maintaining a total return ratio of 50% relative to shareho
Slide 30: (Reference) Sustainability Policy
(Reference) Sustainability Policy We endorse all 17 goals of SDGs. In addition, we consider contributing to the following the goals of SDGs by implementing and promoting our corporate philosophy of “Providing the best place for people to bring out their best” as a core value of our Company. 8. Desce
Slide 31: Disclaimer
Disclaimer • Fullcast Holdings’ IR materials have been prepared for the purpose of providing information about the company, and are not a solicitation for investment. Readers are advised to use these materials at their own discretion and are solely responsible for all decisions based on such use. Al
Slide 32: Providing the best place for people to bring out their best.
Providing the best place for people to bring out their best. [Inquiries] IR: +81-3-4530-4830 URL: https://www.fullcastholdings.co.jp/ir e-mail: [email protected] Copyright © 2022 by FULLCAST HOLDINGS CO., LTD. All rights reserved 32