Financial Results Briefing for Fiscal Year Ending March 2012 (Tokyo Daiwa Securities Conference Hall)

2012.05.18

Financial Results Briefing for Fiscal Year Ending March 2012 (Tokyo Daiwa Securities Conference Hall)

At the Daiwa Securities Conference Hall, we held a financial results briefing for the year ended March 31, 2012, and over 70 people attended. For "2011 fiscal", the Board of Directors of the Company Chief Financial & Administrative Officer After we will will explain than Yuji Asada of and Finance and Accounting General Manager, of the President than Kubo MakotoHomare "of the future outlook and our efforts", "2012 We announced about plan.

 
 
 

Financial Results Briefing for the Fiscal Year Ending March 2012 Main Questions and Answers

What is the profitability of the eco-living solar business?
The sales plan is negative, but the scale is expanding. The gross profit rate is only about 20% in total because of the low construction ratio in-house. Taking into account personnel costs, it is still a bit difficult on an operating income basis. However, in the future, we believe that raising the ratio of construction work in-house and clearing the planned number will increase profitability. For the solar business, we believe that clearing the planned number of units for this fiscal year will be profitable. We are also developing original products and expect to increase gross margins by products.
What is your outlook for television?
Unit prices are recovering at the moment. Products are shifting to new products, including spec-ups, and manufacturers are taking measures to increase unit prices. For the time being, demand for the Olympics is likely to cause large TVs to sell and the unit price to rise, but I don't think it will return to the unit price two or three years ago. Last year, small-size TVs with a low gross margin of 32 or less were sold, but in the current fiscal year, the ratio of large-size TVs to 20%, and by selling new TVs firmly, unit prices can be increased by about 10%. I believe.
Please tell us about the profitability of the mobile business.
Subsidiary EDION Communications has Ordinary income of approximately 1.6 billion yen, and other continuing incentives will be included as separate income.
I think that the Fair Trade Commission also provided guidance, but how will the operation system with manufacturers when opening new stores change?
We are currently in a memorandum of understanding with the manufacturer. Discussions are being conducted while listening to the opinions of the Fair Trade Commission, and the work at the time of opening the new store is performed by the Company. After May, we have signed a memorandum of understanding with the manufacturer about the planned production, and then requested some work.

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