Unicharm Corporation · TSE:8113
Unicharm — Q3 2016 Earnings Presentation
17 slides from Unicharm's earnings presentation, Nov 4, 2016
Slide 1: Unicharm Presentation Materials for Investor Meeting
Third Quarter of the Fiscal Year Ending December 31, 2016 Unicharm Presentation Materials for Investor Meeting November 4, 2016 Takahisa Takahara President and CEO Unicharm Corporation Projections stated herein include those based on the Company’s assumptions, forecasts and plans as of November 4, 2
Slide 2: Financial Performance Summary
Third Quarter of the Fiscal Year Ending December 31, 2016 Financial Performance Summary
Slide 3: Financial Performance Summary
Third Quarter of the Fiscal Year Ending December 31, 2016 Financial Performance Summary z Net sales -18.1 billion JPY (-3.4％) – Approx. 5% increase in income excluding exchange effects z Operating profit +1.5 billion JPY (+3.2％) – Approx. 8% increase in profits excluding exchange effects 9 Japan: Fa
Slide 4: Consolidated account highlights
Year-on-year: 3.4% net sales decrease, 3.2% operating income increase Public achievement rates: 71.0% net sales, 62.0% operating profit Consolidated account highlights (Millions of yen) (Reference) 3Q of FY Ending 3Q of FY Ended Difference FY Ending Achievement Difference Dec 31, 2016 Dec 31, 2015
Slide 5: Consolidated net sales fluctuation
The appreciation of the yen had a negative impact, but overseas, local currency base grew by approx. 4% In Japan, driving forces are Health Care and Feminine Care businesses. Consolidated net sales fluctuation (100 millions of yen) +83 +29 ▲435 +113 -2 +30 5,290 5,108 3Q of FY Ended Japan China In
Slide 6: Profit increased due to effects of material cost fluctuations and rise in income
Profit increased due to effects of material cost fluctuations and rise in income Consolidated operating income fluctuation (100 millions of yen) Selling and administrative Gross profit rate expense rate 2.0%P improvement 1.4%P increase +112 -202 +103 +9 498 -28 514 +10 +6 +6 Sales Advertising Frei
Slide 7: Geographical Segment Information
In Japan, steady growth from sales expansion of high value-added products In Asia, active investment to expand the market Geographical Segment Information (Millions of yen) 3Q of FY Ending 3Q of FY Ended Dec31, 2016 Dec31, 2015 Net sales Operating income Operating income Operating income Differenc
Slide 8: Rate changes by currency
Effects of exchange fluctuations: Net sales -43.5 billion JPY, operating profit -3 billion JPY (Breakdown of operating profit: Conversion -2.5 billion JPY, rise in purchase price -0.5 billion JPY) Rate changes by currency Exchange rate Exchange rate Currency Jan – Sep 2016 Jan – Sep 2015 Change in
Slide 9: Shareholder Return Policy
FY Ending Dec. 31, 2016 Shareholder Return Policy
Slide 10: Shareholder Return Policy
With a 50% total return ratio policy, forecast of increased dividends for 21 consecutive periods and 56% total return ratio Shareholder Return Policy (100 millions of yen) Dividends Stock buy-back Total amount of profit return Total return ratio 300 55.6% 56.0% 60.0% 53.9% 51.4% 49.5% 250 47.5% 47
Slide 11: Stock buy-back acquisition graph
Swiftly acquired stocks through buy-back based on cash conditions Acquisition for FY 2016 is 14 billion JPY, 5.72 million stocks (0.9% of the total issued shares) Stock buy-back acquisition graph (100 millions of yen) 160 140 140 130 120 120 110 100 90 76 80 80 65 60 60 50 50 50 40 20 0 '06/3 '07/
Slide 12: Steady and continual dividend payments
Steady and continual dividend payments Dividends per share (JPY) 18.0 16.0 16.0 14.8 14.0 Plan for increased dividends 12.7 12.73 for 21 consecutive periods 12.0 11.3 10.7 10.0 9.3 7.7 8.0 6.0 6.0 4.9 5.1 3.7 4.0 2.0 0.0 '06/3 '07/3 '08/3 '09/3 '10/3 '11/3 '12/3 '13/3 '14/3 '14/12* '15/12 '16/12E
Slide 13: Reference materials
unicharm Reference materials
Slide 14: Segment information by business
[Ref.] Pet Care business: Increase in income/profit in Japan via brand enhancement, etc. and shift to high value-added products overseas Segment information by business (Millions of yen) 3Q of FY Ending 3Q of FY Ended Dec31, 2016 Dec31, 2015 Net sales Operating income Operating income Operating in
Slide 15: Overseas net sales ratio
[Ref.] Overseas net sales ratio: 58.1% (61.4% excluding exchange effects) Japan / overseas sales (Billions of yen) * *Irregular results due to change in settlement period Copyright (c) Unicharm Corporation. All rights reserved. 15
Slide 16: Operating profit ratio by location
[Ref.]In Japan, improvement of product mixing with high value-added products In Asia, active marketing investment ahead of the market Operating profit ratio by location 20.0% ※1 Japan Asia Others Consolidated 15.0% 15.3% 15.8% 14.8% 14.7% 13.7% 13.3% 15.0% 13.7% 13.6% 13.7% 13.6% 12.8% 12.5% 13.4%
Slide 17: Thank you
Thank you Unicharm constantly provides the world’s No.1 and unprecedented products and services to everybody around the globe, and delivers comfort, inspiration and satisfaction. Copyright (c) Unicharm Corporation. All rights reserved. 17