4.Car Dealership, BtoB and Online Alliance Business
5.Forecasts for FY March 2024
02
03
07
9 P. 11 P. 13
Initiatives in FY March 2023 and Future Initiatives
P. 19
6. Agenda
P. 20
7. Priority Initiatives in FY March 2023
P. 21
8. Medium-toLong-term Growth Strategies
P. 31
9. Initiatives for ESG/SDGs
P. 32
10.TOPICS
P. 36
11.Other Documents
P. 44
1
Consolidated Results of FY March 2023
Forecasts for FY March 2024
Director & General Manager, Administration
Tomoaki Ikeda
2
Overview of
Business Results
FY March 2023 Consolidated P/L
Net sales and profits increased, despite the impact of reduction in new
car production and surge in prices of crude oil and energy.
FY March 2023
FY March
2022
Forecast
Result
Change from
YoY
Result
(Billion Yen)
forecast
Net sales
230.0
236.2
+2.7%
+3.3%
228.5
Gross profit
78.2
79.4
+1.6%
+3.0%
77.1
Gross profit ratio
34.0%
33.6%
33.8%
SG&A
68.2
67.7
-0.7%
+3.3%
65.5
Operating income
10.0
11.7
+17.2%
+1.5%
11.5
Operating income ratio
4.3%
5.0%
5.1%
Ordinary income
10.3
11.5
+12.4%
+2.9%
11.2
Profit attributable to
6.9
7.2
+4.9%
+3.3%
7.0
owners of parent
*Amounts are rounded down to the nearest hundred million yen. *% of Net sales and YoY comparisons are calculated in yen.
3
Overview of
Business Results
Key Points of Consolidated Financial Results
【Summary】
Domestic AUTOBACS Business performed solidly by capturing demand for maintenance parts for existing owned cars, although prices of some products were increased partly reflecting a surge in raw material prices. Overseas Business reduced operating loss thanks to solid performance in both retail and wholesale.
Sales and income increased as Car Dealership, BtoB and Online Alliance Business returned to profitability. Net sales, operating income, ordinary income, and profit attributable to owners of parent exceeded the plan.
(Billion Yen)
Operating income /
(%)
15
6
Operating income ratio changes
4.8
5.1
5.0
Operating income
Operating income ratio
10
3.7
3.5
3.4
4
2.8
5
10.5
11.5
11.7
2
7.7
7.5
5.8
7.4
0
FY March
FY March
FY March
FY March
FY March
FY March
FY March
0
2017
2018
2019
2020
2021
2022
2023
*Amounts are rounded down to the nearest hundred million yen.
4
*Figures for FY March 2018 are results after reclassification of consolidated financial statements in FY March 2019.
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Autobacs Seven Co. Ltd. published this content on 12 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2023 10:26:04 UTC.
Autobacs Seven Co Ltd is a Japan-based company primarily engaged in the retail and wholesale of automobile products, the purchase and sale of vehicles, the provision of vehicle inspection and maintenance services, as well as the loan credit business. The Company operates in four segments. The Domestic Autobacs segment is engaged in the wholesale of car products and the leasing of store facilities. The Overseas segment is engaged in the sales of car accessories, the provision of installation service and the maintenance of cars to general consumers. The Car, Dealers and B-to-B segment is engaged in the sales of imported cars, the purchase of used cars and the sales of the cars to second hand car dealers and others. The Others segment is engaged in the leasing business to domestic franchise chain affiliates.