Yamato Holdings Co., Ltd. · TSE:9064
Yamato — Q3 FY2021 Earnings Presentation
21 slides from Yamato's earnings presentation, Feb 1, 2021
Slide 1: Yamato Group Overview of Consolidated Results
Yamato Group Overview of Consolidated Results （3rd Quarter of Fiscal Year Ending March 2021） February 1, 2021
Slide 2: Financial Results for the Third Quarter 2021/3 (Overview)
1. Financial Results for the Third Quarter 2021/3（Overview） ● Consolidated Results for the First, Second and Third Quarters (Cumulative): Achieved growth in both revenue and profit Consolidated operating revenue：1,295.6 billion yen (+68.4 bn yen, + 5.6％ year-on-year) Consolidated operating profit ：
Slide 3: Operating Results Forecast for the Fiscal Year Ending March 31, 2021
2. Operating Results Forecast for the Fiscal Year Ending March 31, 2021 (Billions of Yen) Fiscal Year ending Fiscal Year ending Fiscal Year ended March 31, 2021 March 31, 2021 March 31, 2020 October 2020 Forecast Change (B-A) YoY Change YoY Change *1 New Forecast Actual Forecast B A Amount [%] Amoun
Slide 4: Consolidated Operating Results in the First, Second and Third Quarters
3. Consolidated Operating Results in the First, Second and Third Quarters of the Fiscal Year Ending March 31, 2021 (Billions of Yen) Third Quarter Third Quarter YoY Change YoY Change* 2020/3 2021/3 Actual Actual Amount [%] Amount [%] Operating revenue 1,257.7 1,295.6 +37.9 +3.0 +68.4 +5.6 Operating
Slide 5: YoY Analysis of Consolidated Operating Revenue (Third Quarter Cumulative)
4. YoY Analysis of Consolidated Operating Revenue (Third Quarter-Cumulative) Increase in Increase in handling volume (Billions of yen) delivery volume by due to capturing the growing responding to expansion of e-commerce demand EC demand, etc. steadily, etc. (Delivery) （Financial） ＋74.7 ＋2.5 Stagnan
Slide 6: Quarterly YoY Trends of Parcel Delivery (TA-Q-BIN, EAZY)
5. Quarterly YoY Trends of Parcel Delivery (TA-Q-BIN, TA-Q-BIN Compact, EAZY) (Third Quarter October-December) Increased in delivery volume by responding to accelerated e-commerce growth, etc. Delivery volume：YoY +11.7％ Unit price：YoY (2.6)％ (%) 25.0 21.3 20.4 19.1 20.0 15.0 13.4 12.1 12.7 9.7 11.7
Slide 7: Quarterly YoY Trends of Kuroneko DM-Bin
6. Quarterly YoY Trends of Kuroneko DM-Bin (Third Quarter October-December) Decreased in delivery volume due to continuing impact of the spread of COVID-19 infections (cancellation of events, etc. ) under the DM market downward trend Delivery volume：YoY (8.8)% Unit price：YoY +1.5% （%） 15.0 8.8 8.6 8
Slide 8: Summary of Consolidated Operating Expenses (Third Quarter October-December)
7. Summary of Consolidated Operating Expenses (Third Quarter October-December) (Millions of Yen) Third Quarter Third Quarter 2020/3 2021/3 YoY Change YoY Change * Actual Actual Amount [%] Amount [%] Operating revenue 457,597 489,608 +32,010 +7.0 +41,898 +9.4 Operating expenses 413,734 426,776 +13,04
Slide 9: YoY Analysis of Consolidated Operating Expenses (Third Quarter October-December)
8. YoY Analysis of Consolidated Operating Expenses (Third Quarter October-December) (Billions of yen) Revenue Personnel Vehicle Eliminations increase expenses expenses (6.7) +41.8 ＋7.3 (0.9) Subcontracting Other expenses operating +20.0 expenses +3.1 62.8 43.7 Operating expenses Operating profit YoY
Slide 10: Summary of Consolidated Operating Expenses (Third Quarter Cumulative)
9. Summary of Consolidated Operating Expenses (Third Quarter Cumulative) (Millions of Yen) Third Quarter Third Quarter 2020/3 2021/3 YoY Change YoY Change * Actual Actual Amount [%] Amount [%] Operating revenues 1,257,724 1,295,676 ＋37,951 ＋3.0 ＋68,425 ＋5.6 Operating expenses 1,207,647 1,205,928 (1,
Slide 11: YoY Analysis of Consolidated Operating Expenses (Third Quarter Cumulative)
10. YoY Analysis of Consolidated Operating Expenses (Third Quarter Cumulative) (Billions of yen) Revenue Eliminations increase Vehicle (14.9) +68.4 Personnel expenses expenses (2.9) ＋24.2 Subcontracting Other expenses operating +19.8 expenses +2.0 89.7 49.5 Operating expenses Operating profit YoY +2
Slide 12: Consolidated Operating Expenses Transition Table
11. Consolidated Operating Expenses Transition Table 2020/3 2021/3 (Millions of Yen) Forth Second Third Quarter First Quarter Third Quarter First Half Quarter Quarter YoY Change Actual YoY Change YoY Change Actual YoY Change YoY Change Actual YoY Change Actual Actual Actual (Oct-Dec) (Apr-Jun) (Oct-
Slide 13: Summary of Consolidated Operating Expenses (Fourth Quarter January-March)
12. Summary of Consolidated Operating Expenses (Fourth Quarter January-March) (Millions of Yen) Fourth Quarter Fourth Quarter YoY Change YoY Change * 2020/3 2021/3 Actual Forecast Amount [%] Amount [%] Operating revenues 372,422 384,323 ＋11,901 ＋3.2 ＋22,071 ＋6.1 Operating expenses 377,798 392,071 ＋1
Slide 14: Operating Results Forecast (Breakdown by Business Segment)
13. Operating Results Forecast for the Fiscal Year Ending March 31, 2021 (Breakdown by Business Segment) (Millions of Yen) Fiscal year ending Fiscal year ending Fiscal year ended March 31, 2021 March 31, 2021 March 31, 2020 October 2020 Forecast Change (B-A) YoY Change YoY Change * New Forecast Actu
Slide 15: Operating Results Forecast (Breakdown of Operating Expenses and others)
14. Operating Results Forecast for the Fiscal Year Ending March 31, 2021 (Breakdown of Operating Expenses and others) (Millions of Yen) Fiscal year ending Fiscal year ending Fiscal year ended March 31, 2021 March 31, 2021 March 31, 2020 October 2020 Forecast Change (B-A) YoY Change YoY Change *1 New
Slide 16: Reference Material
Reference Material
Slide 17: Reference: YoY Analysis of Consolidated Operating Revenue (Third Quarter Cumulative)
【Reference】 YoY Analysis of Consolidated Operating Revenue (Third Quarter Cumulative) (Billions of yen) BIZ- Home Logistics Convenience e-Business Financial Autoworks (1.6) Other (1.8) (1.0) +2.5 (2.2) Delivery (2.1) ＋74.7 YoY +¥68.4 billion (+5.6%) 1. Delivery 2. BIZ-Logistics 3. Home Convenience 4
Slide 18: Reference: Operating Expenses in Delivery Business (Third Quarter October-December)
【Reference】 Summary of Operating Expenses in Delivery Business (Third Quarter October-December) (Millions of Yen) Third Quarter Third Quarter 2020/3 2021/3 YoY Change Actual Actual Amount [%] Operating revenue 376,125 417,039 +40,914 +10.9 Operating expenses 337,756 360,059 +22,303 +6.6 Personnel ex
Slide 19: Reference: Operating Expenses in Delivery Business (Third Quarter Cumulative)
【Reference】 Summary of Operating Expenses in Delivery Business (Third Quarter Cumulative) (Millions of Yen) Third Quarter Third Quarter 2020/3 2021/3 YoY Change Actual Actual Amount [%] Operating revenue 1,016,547 1,091,318 +74,770 +7.4 Operating expenses 981,741 1,014,679 +32,937 +3.4 Personnel exp
Slide 20: Reference: Initiatives in the EC domain
【Reference】 Initiatives in the EC domain Promoting the provision of "EAZY" Promoting the provision of "EAZY“, a new delivery service for EC, that can be received at a variety of designated locations. - Responding to diverse needs of EC users such as more secure non-face-to-face delivery, etc. Object
Slide 21: Disclaimer
Disclaimer: This material is intended for informational purposes only and is not a solicitation or offer to buy or sell securities or related financial instruments. Ultimately it is the responsibility of investors to select and buy securities and the Company assumes no responsibility for investors w