Financial Results Briefing Materials for the Fiscal Year Ended March 2024 | SAN HOLDINGS,INC. (9628) timely disclosure

Worth reading

74In focus

Scored from 5 of 6 sections

Direction

Mixed performance

Direction inferred from the company’s description.

Scale

3.6

営業収益前期比（%）

Wording

Conditional

How definitive the wording is.

Contents of this document

Financial Results Presentation2024年3月期通期14 items taken from the company’s own explanation

Financial Results Figures (The key points of this material are explained below)

Net Sales¥22,437 million+3.6%

Operating profit¥3,789 million-2.0%

Ordinary income¥3,800 million-1.1%

Net income¥2,363 million -15.1%net income attributable to owners of the parent

Operating profit margin16.9 %

Selling, general and administrative expenses¥1,543 million

Results for the three months of the current quarter

Operating revenue

¥6,319 million+6.1%

Operating profit

¥1,219 million+35.6%

Ordinary income

¥1,225 million+35.1%

Quarterly net income

¥712 million-16.1%

Full-year earnings forecast

Operating revenue

¥24,300 million

Operating profit

¥3,820 million

Ordinary income

¥3,830 million

Net income for the current fiscal year

¥2,450 million

What the company explained in this material

Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.

一般葬儀の単価上昇
大規模葬儀の件数増加
葬儀施行件数は前年並み
将来成長のための人件費・採用費増加
基幹情報システムに係る減価償却費増加
新規出店地代家賃・システム償却費・その他費用増

Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.

死亡者数の増加
新規出店による葬儀施行件数の増加
2025年3月期の新規出店16会館

New initiatives

16会館の新規出店
Active M&A
新葬儀ブランド『エンディングハウス』の展開
公益社カスタマーサービス部門のライフフォワードへの吸収分割
ポシブル芦屋の開設
Expansion of the life-ending support business

Key KPIsA metric the company considers important as a management benchmark.

Number of funerals conducted by the group16,134 Engagements-0.6%
Average revenue per funeral conducted by the group¥1,105 thousand+2.9%
公益社葬儀施行件数12,891 Engagements-1.2%
公益社葬儀施行単価¥1,132 thousand+2.7%
Number of new stores7 Banquet halls
前年計画8
2025年3月期出店確定数9 Banquet halls

Unit price and quantity metricsThese figures show sales broken down by price and volume.

Group

Number of funerals conducted

16,134 Engagements-0.6%

Average price per funeral

¥1,105 thousand+2.9%

公益社

Number of funerals conducted

12,891 Engagements-1.2%

Average price per funeral

¥1,132 thousand+2.7%

葬仙

Number of funerals conducted

1,531 Engagements-3.7%

Average price per funeral

¥887 thousand+5.5%

タルイ

Number of funerals conducted

1,712 Engagements+7.9%

Average price per funeral

¥1,072 thousand+1.0%

Segment results

葬仙

Operating revenue

¥1,560 million+2.9%

Operating profit

¥155 million+11.6%

Number of funerals conducted

1,531 Engagements-3.7%

Average price per funeral

¥887 thousand+5.5%

タルイ

Operating revenue

¥1,993 million+8.8%

Operating profit

¥452 million+21.8%

Number of funerals conducted

1,712 Engagements+7.9%

Average price per funeral

¥1,072 thousand+1.0%

Medium-term management plan targets

Target fiscal year2024年度（2025年3月期計画）

Operating revenue

¥23,000 million

Operating profit

¥3,630 million

Operating profit margin

15.8 %

ROIC

7 %

Comparison with actual results

2024年3月期営業収益

¥22,437 million

2024年3月期営業利益

¥3,789 million

Financial targets

ROIC

Target value7 %

Market Size / Share

葬祭ビジネス市場規模

202317273億円

2032 Forecast17684億円

Number of stores and locations

End of period91 Banquet halls

期中の新規開設7 Banquet halls

Capital expenditures

約10～15億円

Annual Dividend

Fiscal year ended March 2024

35 Yen分割後

Interim23

End of period12

Before Stock Split47

2025年3月期予想

24 Yen分割後

Interim12

End of period12

Before Stock Split48

Payout ratio

Fiscal year ended March 202420.5 %

2025年3月期予想20 %

Total payout ratio

Fiscal year ended March 202449.3 %

Acquisition of treasury shares

株価やその他諸条件を考慮のうえ機動的な実施を検討

Contents of this document
Item	Details
Document type	Financial Results Presentation
Fiscal Period Covered	2024年3月期通期
Net Sales	¥22,437 million (YoY +3.6%)
Operating profit	¥3,789 million (YoY -2.0%)
Ordinary income	¥3,800 million (YoY -1.1%)
Net income	¥2,363 million (net income attributable to owners of the parent) (YoY -15.1%)
Operating profit margin	16.9 %
Selling, general and administrative expenses	¥1,543 million
Results for the three months of the current quarter	Operating revenue ¥6,319 million (YoY +6.1%) / Operating profit ¥1,219 million (YoY +35.6%) / Ordinary income ¥1,225 million (YoY +35.1%) / Quarterly net income ¥712 million (YoY -16.1%)
Full-year earnings forecast	Operating revenue ¥24,300 million / Operating profit ¥3,820 million / Ordinary income ¥3,830 million / Net income for the current fiscal year ¥2,450 million
Segment results	葬仙 Operating revenue ¥1,560 million (YoY +2.9%) / Operating profit ¥155 million (YoY +11.6%) / Number of funerals conducted 1,531 Engagements (YoY -3.7%) / Average price per funeral ¥887 thousand (YoY +5.5%) / タルイ Operating revenue ¥1,993 million (YoY +8.8%) / Operating profit ¥452 million (YoY +21.8%) / Number of funerals conducted 1,712 Engagements (YoY +7.9%) / Average price per funeral ¥1,072 thousand (YoY +1.0%) / 公益社 Not disclosed
Breakdown of Factors Affecting the Change	一般葬儀の単価上昇, 大規模葬儀の件数増加, 葬儀施行件数は前年並み, 将来成長のための人件費・採用費増加, 基幹情報システムに係る減価償却費増加, 新規出店地代家賃・システム償却費・その他費用増
Key KPIs	Number of funerals conducted by the group 16,134 Engagements (YoY -0.6%), Average revenue per funeral conducted by the group ¥1,105 thousand (YoY +2.9%), 公益社葬儀施行件数 12,891 Engagements (YoY -1.2%), 公益社葬儀施行単価 ¥1,132 thousand (YoY +2.7%), Number of new stores 7 Banquet halls, 2025年3月期出店確定数 9 Banquet halls
Unit price and quantity metrics	Group Number of funerals conducted 16,134 Engagements (YoY -0.6%) / Average price per funeral ¥1,105 thousand (YoY +2.9%) / 公益社 Number of funerals conducted 12,891 Engagements (YoY -1.2%) / Average price per funeral ¥1,132 thousand (YoY +2.7%) / 葬仙 Number of funerals conducted 1,531 Engagements (YoY -3.7%) / Average price per funeral ¥887 thousand (YoY +5.5%) / タルイ Number of funerals conducted 1,712 Engagements (YoY +7.9%) / Average price per funeral ¥1,072 thousand (YoY +1.0%)
Number of stores and locations	End of period 91 Banquet halls / 期中の新規開設 7 Banquet halls / Store closures during the period Not disclosed
Assumptions Underlying the Business Outlook	死亡者数の増加, 新規出店による葬儀施行件数の増加, 2025年3月期の新規出店16会館
Medium-term management plan targets	Target fiscal year 2024年度（2025年3月期計画） / Operating revenue ¥23,000 million / Operating profit ¥3,630 million / Operating profit margin 15.8 % / ROIC 7 % / Comparison with actual results 2024年3月期営業収益 ¥22,437 million / 2024年3月期営業利益 ¥3,789 million
Financial targets	ROIC Target value 7 % / Actual value Not disclosed / Equity ratio Not disclosed
Annual Dividend	Fiscal year ended March 2024 35 円（分割後） / 2025年3月期予想 24 円（分割後）
Payout ratio	Fiscal year ended March 2024 20.5 % / 2025年3月期予想 20 % / Total payout ratio Fiscal year ended March 2024 49.3 %
Acquisition of treasury shares	株価やその他諸条件を考慮のうえ機動的な実施を検討
Capital expenditures	約10～15億円
Market Size / Share	葬祭ビジネス市場規模 2023 17273億円 / 2032 Forecast 17684億円 / Share Not disclosed
New initiatives	16会館の新規出店, Active M&A, 新葬儀ブランド『エンディングハウス』の展開, 公益社カスタマーサービス部門のライフフォワードへの吸収分割, ポシブル芦屋の開設, Expansion of the life-ending support business

Items this document does not state (7)

Gross Profit MarginProgress against full-year forecastSelf-assessment against the planNumber of employeesRisk amount incorporated into the outlookOrders received and order backlogKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

営業収益の増加は、一般葬儀の単価上昇と大規模葬儀の件数増加が主因。営業利益の減少は、将来成長に向けた人件費・採用費、基幹情報システムに係る減価償却費、新規出店地代家賃などの先行投資による営業費用・一般管理費の増加によるもの。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.