Meiji Holdings Co., Ltd. · TSE:2269

Meiji — Q3 FYE March 2020 Earnings Presentation

15 slides from Meiji's earnings presentation, Feb 6, 2020

  1. Slide 1: Financial Results - Q1-Q3 of FYE March 2020

    Financial Results - For the Q1-Q3 of FYE March 2020 - (From April 1, 2019 to December 31, 2019) February 6, 2020

  2. Slide 2: Summary - Q1-Q3 FYE March 2020

    Summary - Q1-Q3 FYE March 2020 (JPY bn) FYE March FYE March FYE March 2019 2020 Meiji HD (consolidated) vs. 2020 Q1-Q3 Q1-Q3 YoY Full-year Full-year Plan Results Results Change Plan +0.1% Net sales 950.6 951.1 +0.4 72.7% 1,309.0 +0.9% Operating income 79.6 80.3 +0.7 74.4% 108.0 Op. income margin 8.4

  3. Slide 3: Food Summary - Q1-Q3 FYE March 2020

    Food Summary - Q1-Q3 FYE March 2020 (JPY bn) FYE March FYE March FYE March 2019 2020 2020 Food Segment Q1-Q3 Q1-Q3 YoY vs. Full-year Full-year Change Plan Results Results Plan -0.8% Net sales 803.1 796.6 -6.5 73.1% 1,090.0 +0.3% Operating income 64.9 65.1 +0.2 72.4% 90.0 (JPY bn) YoY Change in Opera

  4. Slide 4: Food Sales by Mainstay Products

    Food Sales by Mainstay Products - Q1-Q3 FYE March 2020 (JPY bn) FYE March FYE March FYE March 2019 Q1-Q3 2020 Q1-Q3 vs. 2020 YoY Food Segment Full-year Results Results Change Plan Full-year Plan Yogurt 65.1 63.7 -2.2％ 70.3% 90.6 Meiji Bulgaria Yogurt 60.6 58.2 -3.9％ 73.9% 78.8 Functional yogurt 81.0

  5. Slide 5: Food Analysis of Operating Income

    Food Analysis of Operating Income - Q1-Q3 FYE March 2020 Food Fresh and Other (JPY bn) Processed Corporate Segment Fermented Confectionery Nutrition Overseas Domestic Food Expenses Food Segment Total Dairy Subsidiaries Q1-Q3 Op. Income – 64.9 34.1 7.0 14.8 11.3 1.0 3.4 -6.9 FYE March 2019 Due to inc

  6. Slide 6: Pharma Summary - Q1-Q3 FYE March 2020

    Pharma Summary - Q1-Q3 FYE March 2020 (JPY bn) FYE March FYE March FYE March 2020 Pharmaceutical 2019 2020 YoY vs. Full-year Segment Q1-Q3 Results Q1-Q3 Results Change H1 Plan Plan +4.8% Net sales 148.2 155.4 +7.1 70.5% 220.5 +3.0% Operating income 15.1 15.6 +0.4 84.4% 18.5 (JPY bn) YoY Change in Op

  7. Slide 7: Pharma Sales by Mainstay Products

    Pharma 医薬品 Sales by Mainstay Products - Q1-Q3 FYE March 2020 (JPY bn) FYE March FYE March FYE March 2019 2020 Pharmaceutical 2020 Q1- YoY vs. Segment Q1-Q3 Full-year Q3 Results Change Full-year Plan Results Plan Ethical pharmaceuticals (Japan) - non-consolidated information for Meiji Seika Pharma SY

  8. Slide 8: Full-year Outlook - FYE March 2020 [No Change]

    Full-year Outlook - FYE March 2020 [No Change] (JPY bn) FYE March FYE March 2019 2020 Meiji HD (consolidated) Results Full-year YoY Change Plan Net sales 1,254.3 1,309.0 +4.4% +54.6 Operating income 98.3 108.0 +9.8% +9.6 Op. income margin 7.8% 8.3% +0.4pt Net income attributable to shareholders of 6

  9. Slide 9: Topic: Progress in restructuring milk business

    Topic 1 Progress in restructuring milk business 1. Launching value added products Maintain  Launched Meiji Oishii Milk Calcium* freshness Easy to open in September 2019 in Japan * Made of raw milk manufactured by Click world’s first method  Launched Meiji Oishii Gyunyu 450 ml in January 2020 in Ch

  10. Slide 10: Topic: Developing drugs for treatment of blood cancer

    Topic 2 Developing drugs for treatment of blood cancer Pharmaceutical business in Japan Infectious disease/vaccine  Drugs for blood cancer positioned as Growth area Generic drugs (Sales, CMO/CDMO） Core in Meiji’s pharma business Bio-pharmaceuticals Area  Hematologists prescribe a large Drugs for c

  11. Slide 11: Appendix

    Appendix 11 ｜ Feb. 6, 2020 ｜ Copyright © Meiji Holdings Co., Ltd. All rights reserved.

  12. Slide 12: Financial Position as of December 2019

    Financial Position as of December 2019 Results (JPY bn) as of Dec. 2019 Change Main Factors for Change +4.9% - Notes and accounts receivable (+17.6) Current assets 442.1 +20.7 - Cash and deposits (+4.5) - Allowance for doubtful accounts (-1.1) +1.7% - Buildings and structures (net) (+16.9) - Machine

  13. Slide 13: Yogurt and Chocolate Market Trends in Japan

    Yogurt and Chocolate Market Trends in Japan YoY Change (JPY bn) 5.0% 386.3 400.4 384.9 373.6 0.0% Yogurt 346.8 348.4 -5.0% -10.0% FY3/19 FY3/20 1Q 2Q 3Q 4Q 1Q 2Q 3Q FY3/14 FY3/15 FY3/16 FY3/17 FY3/18 FY3/19 (JPY bn) YoY Change 10.0% 526.0 550.0 537.0 486.0 504.0 Chocolate 452.0 5.0% 0.0% -5.0% FY3/1

  14. Slide 14: Market prices of main raw materials imported

    Market prices of main raw materials imported (USD/MT) Nonfat Dry Milk (USD/MT) Cheese 3,500 5,500 5,000 3,000 4,500 2,500 4,000 2,000 3,500 1,500 3,000 1,000 2,500 (GBP/MT) Cocoa beans (Cent/Bushel) Sugar 2,500 25 2,000 20 1,500 15 1,000 10 500 5 14 ｜ Feb. 6, 2020 ｜ Copyright © Meiji Holdings Co., L

  15. Slide 15:  Information in this material is not intended to solicit sale or purchase of

     Information in this material is not intended to solicit sale or purchase of shares in Meiji Holdings.  Business forecasts and other forward-looking statements are based on information available at the time of the release of this presentation and reasonable assumptions made by the Company. Actual

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