リミックスポイント(3825) – (Delayed)Consolidated Results of Operations for the Fiscal Year Ended March 2022

URLをコピーする
URLをコピーしました!

開示日時:2022/05/27 15:30:00

損益

決算期 売上高 営業益 経常益 EPS
2018.03 1,416,317 341,196 341,510 43.97
2019.03 1,178,000 -171,100 -171,000 -31.81
2020.03 1,122,900 -119,800 -119,700 -88.66
2021.03 1,321,700 -288,900 -288,200 -36.86

※金額の単位は[万円]

株価

前日終値 50日平均 200日平均 実績PER 予想PER
388.0 257.8 195.015

※金額の単位は[円]

キャッシュフロー

決算期 フリーCF 営業CF
2018.03 -16,269 21,596
2019.03 8,100 64,000
2020.03 -418,000 -375,200
2021.03 -332,000 -307,500

※金額の単位は[万円]

▼テキスト箇所の抽出

www.remixpoint.co.jpRemixpoint, incTSE Standard Market: 3825Consolidated Results of Operations for the Fiscal Year Ended March 2022May 13, 2022@2022 Remixpoint, inc. All rights reserved.Business domainsRemixpoint is company that tackles, through business, issues that arise as society transforms, such as deregulation and legislative change.Energy businessFinancial businessOther businesses@2022 Remixpoint, inc. All rights reserved.22Fiscal Year Ended March 2022 Results Summary@2022 Remixpoint, inc. All rights reserved.3Comparison of results with forecasts for each business segment for the fiscal year ended March 2022Earnings from both the energy business and the financial businessmassively exceeded forecasts.Forecasts announced on January 5, 2022Fiscal year ended March 2022 resultsChange(Millions of yen)Net salesTotalEnergy businessFinancial businessUsed car businessResilience businessOthersTotalEnergy businessOperating profit (loss)Financial businessUsed car businessResilience businessOthers27,38711,92310,6903,867854506,3209296,37320▲139▲86328,75312,67210,7674,542700708,2051,6647,61219▲228▲862+1,366+748+77+674▲154+19+1,884+735+1,238▲1▲88+1@2022 Remixpoint, inc. All rights reserved.4Consolidated net sales(Millions of yen)28,75313,217YoY217.5%FY2020/21FY2021/22@2022 Remixpoint, inc. All rights reserved.55Net sales by business segment(Millions of yen)■ Financial business■ Energy business■ Others13,2171,2836,8925,04128,75310,76712,6725,313FY2020/21FY2021/22Sales increased in all major segmentsTopics■ Financial businessDue to increased handling of first-in-Japan cryptoassets and steady rise in numbers of accounts and active users■ Energy businessWith regard to high-voltage customers, anticipated trends in the capacity market and controlled demand. Also focused on capturing low-voltage customers to the extent that power procurement was possible, and increased the number of power suppliersNote: “Others” include the used car business, resilience business, and other businesses@2022 Remixpoint, inc. All rights reserved.66Consolidated operating profit (loss)(Millions of yen)8,205YoY+11.0 billion yen▲2,888FY2020/21FY2021/22@2022 Remixpoint, inc. All rights reserved.77Business segment profit (loss)(Millions of yen)8,205■ Financial business■ Energy business■ Others▲2,8881,664▲260▲2,150▲478FY2020/21▲1,071FY2021/227,612TopicsProfits from the energy business and financial business increased substantially■ Financial businessVolume at highly profitable sales offices grew sharply, leading to a big increase in profit■ Energy businessSecured a profit as power consumption by customers increased, and appropriately hedged the risk of soaring prices for procured powerNote: “Others” include the used car business, resilience business, and other businesses@2022 Remixpoint, inc. All rights reserved.88Consolidated net profit(Millions of yen)6,913YoY+9.8 billion yensubstantial rise▲2,974FY2020/21FY2021/22@2022 Remixpoint, inc. All rights reserved.99Quarterly statements of incomeFor the fiscal year ended March 2022, were able to book a profit in every quarterFY2020/21FY2021/22(Millions of yen)Apr-Jun(1Q)Jul-Sep(2Q)Oct-Dec(3Q)Jan-Mar(4Q)Apr-Jun(1Q)Jul-Sep(2Q)Oct-Dec(3Q)Jan-Mar(4Q)Others合計Net salesOperating profit合計2,1782,6403,4154,9824,3006,1939,9098,350Energy business1,2281,5761,5652,5212,4303,6913,2343,316Financial business▲34717706961,3095,3513,4091,0671,3781,6911,1731,1911,3231,62445904▲325▲421▲157▲1,984Energy business19011▲98▲2,253Financial business▲320▲407100036781Others▲26134▲50▲7512▲81Business segment adjustment▲169▲158▲158▲180▲200▲214▲198▲2614014442083863427942648208026304,0102,998▲2061,1624,4032,1793,9922,9913,1712,769Ordinary profit▲328▲419▲164▲1,979Profit attributable to owners of parent▲289▲518▲161▲2,005@2022 Remixpoint, inc. All rights reserved.10Consolidated balance sheetsAssetsCash segregated as depositsCash and depositsTrade receivables and contract assetMerchandiseUsers’ cryptoassetsOwned cryptoassetsGuarantee depositsOtherTotal current assetsTotal non-current assetsTotal assetsAccounts payable – tradeDeposits receivedDeposits received for cryptoassetsLoans payable-cryptoassetsOtherTotal liabilitiesLiabilitiesNet assetsTotal liabilities and net assetsAs of March 31, 2021As of March 31, 2022Change(Millions of yen)2,8951,51626432,7243,4883,89074352046,0431,51347,5563,0413,74432,7241,8441,88043,2334,32247,5564,8961,97125146,0976,1406,7092,4932,58771,1471,82172,9686386,56946,0972,0283,52058,85314,11472,9682,000455▲1213,3722,6522,8191,7492,06625,10330825,411▲2,4032,82413,3721841,64015,6199,79225,411Note: “Owned cryptoassets” include guarantee deposits for cryptoassets. “Owned cryptoassets” are hedged by covered parties, so no loss is incurred even if the prices of cryptoassets fall.@2022 Remixpoint, inc. All rights reserved.11Synergies from business alliancesComprehensive capital and business alliance between the SBI Group and Remixpoint⚫ Acquisition by SBI Holdings of approximately 5% of Remixpoint’s shares through market purchasesAlso, acquisition by SBI Financial Services of 51% of BITPoint’s shares (share transfer)⚫ In the energy and crypto sectors, concluded a comprehensive business alliance agreement and will aim to establish the top position in Japan in both sectors, while also taking on the challenge of global markets@2022 Remixpoint, inc. All rights reserved.12Overview of the capital and business allianceComprehensive capital and business alliance with the SBI GroupHDAcquisition of approximately 5% of shares through market purchasesTransfer of 51% of equity stake((appraised value of 25 billion yen + earnout))Taking equity stake to 49%Pursue cross-selling with SBI Group companies, which together boast a customer base of 40 million people, and aim to make BITPoint number one in Japan for number of customer accounts@2022 Remixpoint, inc. All rights reserved.13Shareholder returnsAcquisition of treasury shares of up to 2.0 billion yen and a dividend of 2 yen at the end of the fiscal year ending March 2023Acquisition of treasury sharesDividendUp to 2.0 billion yen2 yen per share● Number of shares to be acquired4 million shares (upper limit) (3.44% of total number of shares issued (excluding treasury shares)● Total purchase price of shares2.0 billion yen (upper limit)● Timing of acquisitionJuly 4, 2022 – September 30, 2022● Method of acquisitionMarket buying on the Tokyo Stock Exchange● This is the planned amount of dividend for the end of the fiscal year ending March 2023● As for the end of the fiscal year ended March 2022, although profit attributable to owners of parent of 6,913 million yen was recorded in the consolidated financial statements, a loss carryforward of 4,627 million yen remains on the Company’s non-consolidated balance sheets, so a dividend of surplus will not be paid.Note: Both are conditional on the “Proposed reduction of legal capital surplus being approved and adopted at the 19th general meeting of shareholders scheduled for June 28, 2022.@2022 Remixpoint, inc. All rights reserved.14ForecastsEarnings forecasts for the fiscal year ending March 2023 are not disclosed.The Energy business could be affected in the short term by power transaction price trends, and in the medium and long term by power system transformation in connection with the pursuit of decarbonization.At the present time, it is difficult to make a reasonable estimate of the impact on consolidated earnings for the fiscal year ending March 2023 of the capital and business alliance with the SBI Group, which was described in a press release dated May 12, 2022 titled “Notice Concerning Conclusion of Capital and Business Alliance with SBI Holdings, Inc., Change in Consolidated Subsidiaries (Partial Stock Transfer), and the Expected Posting of Extraordinary Profit.”The Company intends to announce consolidated financial forecasts for the fiscal year ending March 2023 as soon as a reasonable estimate becomes possible.@2022 Remixpoint, inc. All rights reserved.15Key Topics for Each Business for the Fiscal Year Ended March@2022 Remixpoint, inc. All rights reserved.16Energy business (electricity retailing business)Control demand from high-voltage customers to secure profits. Continued to expand low-voltage customer base. High voltage accounts for around 80% of sales.Sales to high-voltage and low-voltage customers(Millions of yen)4,0003,5003,0002,5002,0001,5001,0005000341 369 3,426 2,842 718 2,084 221 228 2,345 2,314 130 127 1,550 1,483 89 1,200 @2022 Remixpoint, inc. All rights reserved.1Q2Q3Q4Q1Q2Q3Q4Q2021年3月期1Q 2021年3月期2Q 2021年3月期3Q 2021年3月期4Q 2022年3月期1Q 2022年3月期2Q 2022年3月期3Q 2022年3月期4Q20212022■ High voltage■ Low voltage17Energy business (electricity retailing business)Since making a concerted entry into the low-voltage market, the number of contracts with low-voltage customers has increased steadily to more than 25,000Acquisition of low-voltage customers■No. of contracts(Facilities)■Amount of electricity usedYoY256.1%YoY277.7%30,000 25,000 20,000 15,000 10,000 5,000 0 (kwh)30,000,00025,000,00020,000,00015,000,00010,000,0005,000,00001Q2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q1Q2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q202020212022202020212022Note: New applications for plans for low-voltage customers are currently suspended@2022 Remixpoint, inc. All rights reserved.18Energy business (electricity retailing business)Reworking customer portfolio to respond to the high-voltage capacity marketContracted power for high-voltage customers(kw)250,000200,000150,000100,00050,00001Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q202020212022@2022 Remixpoint, inc. All rights reserved.19Energy business (electricity retailing business)Secured profit through the use of power futures in response to JEPX price rises from OctoberSince October 2021, JEPX wholesale power prices have soared, rising as high as 20-30 yen per kWh from January.(yen/kwh)30252015105Apr-21 May-21Jun-21Jul-21Aug-21Sep-21Oct-21Nov-21 Dec-21Jan-22Feb-22 Mar-22Source: JEPX Transaction information: spot market, before-hours marketAs soon as market prices began to rise in October, the Company moved swiftly to make use of power futures to cover JEPX procurement prices in October-March.@2022 Remixpoint, inc. All rights reserved.This ensured profits were secured20Energy business (electricity retailing business)For the fiscal year ending March 2023, too, 80-90% of power requirements for the year have already been procuredHedging with futuresBaseload power supplyRelative power supplyJEPXElectricity procured from JEPX has been hedged with power futures transactionsBefore soaring power pricesFY2021/22⚫ In response to skyrocketing prices in the JEPX market in January 2021, increased the proportion of electricity procured from relative power sources⚫ Utilized power futures transactions to fix prices of electricity procured from JEPX⚫ Procured baseload power supply for FY2021 in each area, and are supplying mainly low-voltage customers@2022 Remixpoint, inc. All rights reserved.21Energy business (electricity retailing business)Leveraging the knowhow and customer base acquired through the electricity retailing business to create new sources of earningsE l e c t r i c i t y r e t a i lS t r e n g t h e n c u s t o m e r r e l a t i o n sD e v e l o p r e n e w a b l e -e n e r g y i n f r a s t r u c t u r eEliminate risk and secure earnings with own unique charge structureOffer new, profitable services to electricity retail customersDevelop renewable-energy power plants and expand supply through PPAsA c h i e v e s t a b l e e a r n i n g sLeveraging strengths for further growthAlso exploring new initiatives such as PPAs and renewable-energy projects@2022 Remixpoint, inc. All rights reserved.22Energy business (electricity retailing business) – New initiative for expanding from electricity retailPlan to develop renewable-energy power plants (during FY2022)Seizing rising prices of procured electricity as an opportunity to seriously consider developing own renewable-energy power plants.Besides field-installed photovoltaic stations, plan to also develop various other types of power plantSmall hydropower generationOn-water solar power generationWind power generationBiomass power generationWe plan to sell the power generated to Remix Denki customers and via the FIT scheme. We will generate power with environmental value to contribute to decarbonization.@2022 Remixpoint, inc. All rights reserved.23Synergies from business alliance (4) Collaboration in the energy business (renewable-energy development)The SBI Group and Remixpoint will jointly develop power sourcesbased on renewable energyEquity investments and loansUtilization as power source for retail electricitySmall hydropower generationOn-water solar power generationWind power generationBiomass power generationJointly develop power sources based on renewable energy. Stabilize earnings from the electricity business and attract more customers by supplying power to Remixpoint’s electricity customers@2022 Remixpoint, inc. All rights reserved.24Synergies from business alliance (5) Collaboration in the energy business (PPA business)Partner banks and regional financial institutions will provide loans and help acquire customers for Remixpoint’s PPA businessPartner banksPPA loan provisionPartner regional financial institutionsFree installation and operation/maintenanceof solar power generation systemsCustomersPurchase of the electricity generatedEnergy service agreements (PPAs)Payment of electricity charges for the power used (no renewable energy surcharges or fuel procurement)Contract period: 15-20yearsWith the PPA business, the customer does not have to foot the bill for the initial development investment. But in exchange, they need to sign a long-term power purchase agreement (PPA) with the electricity business operator. A partner bank or regional financial institution provides the funding in the form of loan, and also helps with the acquisition of customers. Remixpoint will therefore be able to operate the PPA business nationwide@2022 Remixpoint, inc. All rights reserved.25Financial Business – BPJ sales and operating profitSecured the highest earnings in the sector (domestic cryptoasset exchange business operators) in 3Q and 4Q of the fiscal year ended March 2022(Millions of yen)6,0005,0004,0003,0002,0001,000Put new system into operationPut together system and operations that facilitated continuous efforts to achieve profitability1Q2Q3Q4Q1Q2Q3Q4Q-1,00020212022■ Net sales ■■ Operating profit (loss)@2022 Remixpoint, inc. All rights reserved.26Financial Business – SGAAs a result of properly controlling costs, kept ordinary fixed costs,which include one-off sales promotion and advertising expenses, at 120 million yen per month, and achieved high levels of earnings(Millions of yen)■ Sales promotion and advertising expenses■ Personnel expenses■ IT system-related expenses■ Other expenses1,4001,2001,00080060040020002021年3月期1Q1Q2021年3月期2Q2Q2021年3月期3Q3Q2021年3月期4Q4Q2022年3月期1Q1Q2022年3月期2Q2Q2022年3月期3Q3Q2022年3月期4Q4Q20212022@2022 Remixpoint, inc. All rights reserved.27Financial Business – Number of customer accountsThe number of accounts is rising steadily and the customer base is expanding thanks to aggressive sales promotion activities(Customer accounts)NUMBER OF CUSTOMER ACCOUNTS210,000200,000190,000180,000170,000160,000150,000140,000130,000120,000110,0002020年4月2020年5月2020年6月2020年7月2020年8月2020年9月2020年10月2020年11月2020年12月2021年1月2021年2月2021年3月2021年4月2021年5月2021年6月2021年7月2021年8月2021年9月2022年1月2022年2月2022年3月4567891011 121234567892021年10月102021年11月112021年12月12123202020212022@2022 Remixpoint, inc. All rights reserved.28Financial Business – Number of active usersThe number of active users has risen by around 2.5 times YoYNumber of active users70,00060,00050,00040,00030,00020,00010,00002021年3月期1Q1Q2021年3月期2Q2Q2021年3月期3Q3Q2021年3月期4Q4Q2022年3月期1Q1Q2022年3月期2Q2Q2022年3月期3Q3Q2022年3月期4Q4Q20212022■ Active users (total) ■ Active users (sales offices)@2022 Remixpoint, inc. All rights reserved.29Synergies from business alliance (1) BITPointPursue cross-selling with SBI Group companies, which together boast a customer base of 40 million people, and aim to make BITPoint number one in Japan for number of customer accounts200,000 customeraccounts×40 million customers8.01 million customer accountsat Group brokerage firmThough the capital and business alliance will reduce Remixpoint’s stake to 49%, BITPoint’s earnings are strongly correlated with the number of active users, so higher earnings from the stake can be expected as a result of the increase in customer accounts.@2022 Remixpoint, inc. All rights reserved.30Synergies from business alliance (2) BITPointIn the cryptoasset sector, receive supplies of liquidity from B2C2, which boasts some of the world’s highest levels of liquidity, to increase earnings from the exchangeSupply of liquidityPreviouslyPost-alliance■…Sales office earnings ■…Exchange earningsNote: B2C2 Limited is a company headquartered in London, U.K., and is the one of the world’s top cryptoasset liquidity providers. On December 15, 2020 90% of its shares were acquired by SBI Financial Services Co., Ltd. With this move, it became a subsidiary of SBI Financial Services, which is a wholly-owned subsidiary of SBI Holdings, Inc.By receiving liquidity from B2C2, it will become possible to offer customers narrower spreads than previously. This will boost the exchange’s earnings, which are currently low, while the stronger liquidity is also expected to increase sales office earnings.@2022 Remixpoint, inc. All rights reserved.31Financial Business – Major factors behind strong business performanceMajor factors behind strong business performancePut new system into operation, enabling earnings to be secured on a stable basisSucceeded in capturing numerous active users at sales officesThrough a select-and-focus approach, were able to control fixed costs by concentrating resources at sales officeListed multiple cryptoassets for the first time in Japan@2022 Remixpoint, inc. All rights reserved.32Financial Business – Currencies handledList of currencies listed on the BITPoint cryptoasset exchangeBitcoin(BTC)IOST(IOST)Ripple(XRP)Chainlink (LNK)Basic Attention Token (BAT)Ethereum(ETH)Polkadot (DOT)Litecoin (LTC)Bitcoin Cash(BCH)First in JapanStarted handling on October 26, 2021Jasmy(JMY)Started handling on August 25, 2021Cardano(ADA)Started handling on January 26, 2022DEAPcoin(DEP)TRON(TRX)@2022 Remixpoint, inc. All rights reserved.33Synergies from business alliance (3) BITPointList tokens on BITPoint that have never been listed in Japan before.These tokens will be carefully selected from among the crypto projects around the world that the SBI Group invests inInvestment track recordFirst-in-Japan cryptoassetsListing cryptoassets with future potential for the first time in Japan can be expected to generate significant earnings. Generate substantial earnings by combining BITPoint’s knowhow concerning the listing of cryptoassets for the first time in Japan with the SBI Group’s global investment track record@2022 Remixpoint, inc. All rights reserved.34Financial Business – Investing in cryptoasset-related businessIn the fiscal year ended March 2022, 450 million yen of the earnings of the financial business came from investments in cryptoasset- or blockchain-relatedThe remainder will be booked as earnings in the current term or subsequent termsFunds in which the Company has equity stakesInvestees of funds in which the Company has equity stakes (partial list)@2022 Remixpoint, inc. All rights reserved.35Synergies from business alliance (6) Comprehensive business alliance in the Web 3.0 arenaComprehensive business alliance in the Web 3.0 space, which includes the metaverseMetaverseMetaverse Fund⚫ Join the Japan Digital Space Business Federation established by the SBI Group, and take on the responsibility of making policy recommendations and formulating rules in the Web 3.0 space, including the metaverse⚫ Leverage the insights of the SBI Group, which conducts financial business worldwide, and Remixpoint, which has experience as a cryptoasset exchange business operator, to launch a metaverse fund⚫ By putting together the fund, establish a position as a driver for domestic crypto and metaverse markets for institutional investors@2022 Remixpoint, inc. All rights reserved.36Resilience Business (storage batteries)Launch of the Company’s original home-use storage batteries, sold under the brand name “remixbattery,” had been delayed due to the worldwide semiconductor shortage, but deliveries to wholesalers are gradually set to beginHome-use power storage systemSave up electricity use it smartly.@2022 Remixpoint, inc. All rights reserved.373737Resilience Business (storage batteries)Proposal of schemes that leverage synergies between the resilience business and the energy businessPower generation systemsSupply of electricityPower storage systemsPower distribution panels@2022 Remixpoint, inc. All rights reserved.3838Used Car Business / resilience business (energy-saving consulting)Used Car BusinessOperate a BtoB used-car (mainly luxury imported vehicles) business車の絵Energy-saving consulting business■ Projects receiving subsidiesNo. awarded subsidies:542 projects No. for which applications made:675 projectsPercentage awarded subsidies:80%(from FY2013 supplementary budget to present)Note: Projects receiving subsidies in FY2021 No. of awarded subsidies: 78 projects No. for which applications made: 93 projects Percentage awarded subsidies: 84%■ Registrations etc.・Energy management business operator (registered in FY2021)・ZEB Planner(ZEB30P-00019-C)・Support Organization for Businesses Assisting with Formulation of Decarbonization Plans (certified in FY2022)@2022 Remixpoint, inc. All rights reserved.39Notice① Numerical forecasts and future outlooks presented or stated in this document are based on judgments, assessments, and assumptions made using information currently in the possession of the Remixpoint Group. Due to the uncertainties inherent in these judgments, assessments, and assumptions as well as future changes in business administration, internal/external circumstances, etc., the actual outcomes may be substantially different from the projections made. The Remixpoint Group provides no warranties as to the reliability of any representation related to future projections.② This document is for the purpose of providing information, and in no way constitutes asolicitation by the Remixpoint Group to engage in any activity.③ The citation or duplication of this document for any purpose without consent is prohibited.@2022 Remixpoint, inc. All rights reserved.4040

この記事が気に入ったら
いいね または フォローしてね!

シェアしたい方はこちらからどうぞ
URLをコピーする
URLをコピーしました!