President Chain Store Corporation · TWSE:2912
President Chain Store — Merrill Lynch 2011 Taiwan, Technology & Beyond Conference
16 slides from President Chain Store's conference presentation, Mar 15, 2011
Slide 1: President Chain Store
President Chain Store 統 一 超 商 pcsc 1
Slide 2: Company Profile
Company Profile Opened the first 7-11 in Taiwan in 1980 & Listed on TWSE since 1997. The Largest CVS Operator in Taiwan. - 7-11 total store number is 4750 with market share of 50%. - 88% are franchised stores. Market cap US$4.4bn* , QFII ratio 43.79%. China Retail Businesses: - First entered
Slide 3: Business Scope
Business Scope Restaurant-Food & Beverage 1. 1. Starbucks Starbucks Taiwan Taiwan (30%) (30%) CVS 2. 2. Starbucks Starbucks Shanghai Shanghai (30%) (30%) 1. 1. 7-Eleven 7-Eleven Taiwan Taiwan (100%) (100%) 3. 3. Mr. Mr. Donut Donut Taiwan（50%) Taiwan（50%) 2. 2. 7-Eleven 7-Eleven Shanghai Shanghai (1
Slide 4: Group Vision
Group Vision Full-range retail service group Innovative development Text 7-11 Taiwan China Biz Virtual- Transfer TW physical retail experience; platform localization 7-ELEVEn platform and group resources pcsc 4
Slide 5: 2010 9M Results
2010 9M Results pcsc 5
Slide 6: Parent Income Statement
Parent Income Statement 2009 FY ％ YOY 2010 9M ％ YOY Unit:$NT’million Total operating revenue 101,757 100.0% -0.4% 85,487 100.0% 12.7% Gross profit 32,966 32.4% 0.7% 26,738 31.3% 8.9% Operating expenses 28,072 27.6% -0.2% 22,608 26.4% 7.7% Operating income 4,894 4.8% 6.2% 4,130 4.8% 16.2% Net Income
Slide 7: New store format
New store format Focus on raising store profitability. Adjust product mix depending on the characteristics of the neighborhood. Continue to promote “Food Store” concept. pcsc 7
Slide 8: Adjusting product mix
Adjusting product mix Higher quality：City Café provides convenience and good quality coffee. More choices：a variety of national brands and private label products. Reasonable prices：reasonable prices for daily necessities and private label products. pcsc 8
Slide 9: Integrated marketing
Integrated marketing Provide differentiated consumption experience through integrated marketing. Enhance value-added experience through cooperation with group affiliates and other channels. pcsc 9
Slide 10: Virtual Business
Virtual Business ibon platform: High speed rail ticketing service, online- auction delivery, photo printing. Preorder+ Online shopping. pcsc 10
Slide 11: 2010 9M Result of Taiwan Subsidiaries
2010 9M Result of Taiwan Subsidiaries2010 Q3 Unit: $NT’m Lifestyle Business Restaurant Cosmed Taiwan Starbucks Taiwan Afternoon Tea (100%) Stores: 326 (30%) Stores: 227 (51%) Stores: 11 099M NI: 102 099M NI: 57 099M NI: -25 109M NI: 208 109M NI: 251 109M NI: -17 MUJI Taiwan Mister Donut Cold Stone (
Slide 12: 2010 9M Result of China Subsidiaries
2010 9M Result of China Subsidiaries 2010 Q3 Unit: $NT’m Convenience Store Restaurant Shanghai 7-11 Starbucks Afternoon Tea (30%) Stores: 188 (51%) Stores: 4 (100%) Stores: 44 099M NI: 176 099M NI: -54 099M NI: -59 109M NI: 269 109M NI: -30 109M NI: -102 Mister Donut Cold Stone (50%) Stores: 10 (100
Slide 13: Successful Overseas Business: Philippine Seven Corp.
Successful Overseas Business： Philippine Seven Corp. Philippine 7-11 is the leading brand of CVS. PCSC invested PSC in year 2000. We expect to double the store number to 1,000 in 2013 given the continuous economy boost. Unit: million PESO 600 177.98 200 Market 161.19 Store No. 500 Share 84.27 150
Slide 14: 2011 Outlook
2011 Outlook pcsc 14
Slide 15: Integrate Group Resources to maximize profitability
Integrate Group Resources to maximize profitability Taiwan 7-11： China Business： Real-virtual retail platform Become Regional Leading Brands Shanghai 7-ELEVEn： Store upgrades, new provides a convenient lifestyle store formats experience. Adjusting product mix F&B: develop and expand Integrated
Slide 16: Q&A
Q&A pcsc 16
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