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JHT — Investor Presentation 2017
Sep 27, 2017
51913_rns_2017-09-27_f0801b87-4dfb-43ab-a1b8-7a2d8d8cd35f.pdf
Investor Presentation
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Johnson Health Tech. Group
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CONTENTS
Milestone Industry Market size. Brand Market Position. Historical financials
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Milestone
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I. Initial Stage (1975~1979): Producing weight lifting equipment (OEM) 1. Reduce material cost
2. Standardize operation procedures to raise productivity
1975 - Johnson was established
1976 - Cooperated with IVANKO to produce weight lifting equipment and became the largest supplier in the world within three years.
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II.Manufacturing Transformation (1980~1995): Built up R&D team to design and manufacture CV fitness products (OEM, ODM)
1980 - Started OEM & ODM fitness business with the leading companies such like Ross, Universal, Tunturi, Schwinn, True, Omron, Mizuno, etc.
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III. OBM Transformation (1996~2005): Built core competitiveness of international manufacturing, R&D, brands, sales channels, and management.
1996 - Set up brand company Epix Inc. and launched own brand “Vision Fitness” in North America specialty dealer market.
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1998 - Set up brand company “Horizon Fitness” in USA home use market.
2001 - Set up the China factory located in Shanghai. - Set up brand company “Matrix Fitness” in the USA commercial market.
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2002 - Started retail business in Taiwan and opened retail stores “JOHNSON fitness stores”
~ Now
Set up marketing company Total 26 SBUs 3 manufacturing bases Johnson retail stores totally up to 328
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Market size
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Global Fitness Market
Global: USD 6.3 billion Home: USD 4.0 billion Commercial: USD 2.3 billion
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USA Fitness Market
Units : million ; %
| Year | Home use | Home use | Commercial | Commercial | Total | Total |
|---|---|---|---|---|---|---|
| Amount | GR % | Amount | GR % | Amount | GR % | |
| 1998 | 2,795 | 4.29% | 662 | 15.00% | 3,457 | 5.97% |
| 1999 | 2,770 | -0.89% | 880 | 32.93% | 3,650 | 5.58% |
| 2000 | 2,905 | 4.87% | 945 | 7.38% | 3,850 | 5.48% |
| 2001 | 3,010 | 3.61% | 930 | -1.58% | 3,940 | 2.34% |
| 2002 | 3,075 | 2.15% | 900 | -3.23% | 3,975 | 0.89% |
| 2003 | 3,095 | 0.70% | 950 | 5.56% | 4,045 | 1.76% |
| 2004 | 3,165 | 2.26% | 1011 | 6.42% | 4,176 | 3.23% |
| 2005 | 3,372 | 6.54% | 1056 | 4.45% | 4,428 | 6.03% |
| 2006 | 3,543 | 5.07% | 1119 | 5.97% | 4,662 | 5.28% |
| 2007 | 3,549 | 0.16% | 1149 | 2.68% | 4,698 | 0.77% |
| 2008 | 3,183 | -10.40% | 1040 | -9.48% | 4,220 | -10.20% |
| 2009 | 3,194 | 0.41% | 967 | -7.02% | 4,162 | -1.37% |
| 2010 | 3,321 | 3.98% | 1023 | 5.79% | 4,344 | 4.37% |
| 2011 | 3,440 | 3.58% | 1050 | 2.64% | 4,490 | 3.36% |
| 2012 | 3,560 | 3.49% | 1139 | 8.48% | 4,700 | 4.68% |
| 2013 | 3,581 | 0.59% | 1257 | 10.36% | 4,838 | 2.94% |
| 2014 | 3,751 | 4.75% | 1308 | 4.06% | 5,059 | 4.57% |
| 2015 | 3,771 | 0.53% | 1349 | 3.13% | 5,120 | 1.21% |
| 2016 | 3,789 | 0.47% | 1405.9 | 4.22% | 5,195 | ~~11~~ 1.46% |
Major commercial business segments
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corporate
YMCA 2% /wellness 2%
Other 4%
Hotel 7%
Military 4%
Education 5%
RT/Rehab 6%
Hospital 4%
Health clubs;
66%
Total Market Size:
USD 0.95M
Source: IHRSA
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Brand Market Position
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Brand Market Position
Commercial-use fitness market e.g. Health club and Hotel
Matrix Commercial-use fitness market e.g. Johnson Health club and Hotel Vision High-end home through Specialty fitness retailers and light commercials Sporting goods stores, Department stores, Horizon mass retailers etc.
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Historical financials
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Historical financials information
Units : US Millions
Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Sales 349 360 377 303 369 463 520 512 546 529 621 Growth % 30.9% 3.4% 8.3% -19.5% 21.3% 25.3% 12.5% -1.5% 6.6% -3.1% 17.4% NPAT 52.5 17.2 0.05 -1.94 8 26.2 29 28.8 28.8 17 22
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Thank You
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