Meiji Holdings Co., Ltd. · TSE:2269
Meiji — Q1-Q3 FYE March 2019 Earnings Presentation
12 slides from Meiji's earnings presentation, Feb 7, 2019
Slide 1: Financial Results for the Q1-Q3 of FYE March 2019
Financial Results - For the Q1-Q3 of FYE March 2019 - (From April 1, 2018 to December 31, 2018) February 7, 2019
Slide 2: Q1-Q3 Summary - FYE March 2019
Q1-Q3 Summary - FYE March 2019 (JPY bn) FYE March 2018 FYE March 2019 FYE March 2019 vs. Full-year Meiji HD (consolidated) Q1-Q3 Results Q1-Q3 Results YoY Change Full-year Plan Plan +1.5% Net sales 936.8 950.6 +13.8 75.1% 1,265.5 +10.3% Operating income 72.1 79.6 +7.4 78.8% 101.0 Op. income margin 7
Slide 3: Food Q1-Q3 Summary - FYE March 2019
Food Q1-Q3 Summary - FYE March 2019 (JPY bn) FYE March 2018 FYE March 2019 FYE March 2019 vs. Full-year Food Segment Q1-Q3 Results Q1-Q3 Results YoY Change Full-year Plan Plan -1.5% Net sales 815.5 803.1 -12.3 75.3% 1,067.1 -0.0% Operating income 64.9 64.9 -0.0 73.7% 88.1 YoY Change in Operating Inc
Slide 4: Food Q1-Q3 Sales by Main Products - FYE March 2019
Food Q1-Q3 Sales by Main Products - FYE March 2019 (JPY bn) FYE March 2018 FYE March 2019 FYE March 2019 YoY vs. Full- Q1-Q3 Results Q1-Q3 Results Full-year Plan Change year Plan Yogurt 64.2 65.1 +1.5% 74.0% 88.0 Meiji Bulgaria Yogurt 59.5 60.6 +1.8% 74.6% 81.2 Probiotic yogurt 85.5 81.0 -5.2% 69.1%
Slide 5: Food Analysis of Q1-Q3 Operating Income
Food Analysis of Q1-Q3 Operating Income - FYE March 2019 (JPY bn) Food Fresh and Other Processed Corporate Segment Fermented Confectionery Nutrition Overseas Domestic Food Expenses Total Dairy Subsidiaries Q1-Q3 Op. Income – FYE March 2018 64.9 36.5 6.2 15.2 11.3 0.6 4.0 -8.9 Due to increased/decrea
Slide 6: Pharma Q1-Q3 Summary - FYE March 2019
Pharma Q1-Q3 Summary - FYE March 2019 (JPY bn) FYE March 2018 FYE March 2019 FYE March 2019 vs. Full-year Pharmaceutical Segment Q1-Q3 Results Q1-Q3 Results YoY Change Full-year Plan Plan +21.1% Net sales 122.3 148.2 +25.9 74.1% 200.0 +100.2% Operating income 7.5 15.1 +7.5 112.3% 13.5 YoY Change in
Slide 7: Full-year Outlook - FYE March 2019 [No Change]
Full-year Outlook - FYE March 2019 [No Change] (JPY bn) FYE March 2018 FYE March 2019 Meiji HD (consolidated) Results Plan YoY Change Net sales +2.0% 1,240.8 1,265.5 +24.6 Operating income +6.7% 94.6 101.0 +6.3 Op. income margin 7.6% 8.0% +0.4pt Negative goodwill Net income attributable to +15.9% ra
Slide 8: Appendix
Appendix 8 ｜ Feb. 7, 2019 ｜ Copyright © Meiji Holdings Co., Ltd. All rights reserved.
Slide 9: Financial Position as of December 2018
Financial Position as of December 2018 (JPY bn) Results as of Dec. 2018 Change Main Factors for Change - Notes and accounts receivable (+30.2) +14.6% Current assets 438.7 +55.7 - Goods and products (+17.5), Raw materials and supplies (+7.3): due to consolidation of KM Biologics - Buildings and struc
Slide 10: 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 0.0% 346.8 348.4 Yogurt 330.8 -5.0% -10.0% FY3/18 FY3/19 1Q 2Q 3Q 4Q 1Q 2Q 3Q FY3/13 FY3/14 FY3/15 FY3/16 FY3/17 FY3/18 YoY Change 10.0% 526.0 550.0 486.0 504.0 Chocolate 444.5 452.0 5.0% 0.0% -5.0% FY3/18 FY3/19
Slide 11: Market Trends in Imported Raw Materials Prices
Market Trends in Imported Raw Materials Prices (USD/MT) Nonfat Dry Milk (USD/MT) Cheese 2,500 4,500 4,000 2,000 3,500 1,500 3,000 1,000 2,500 (GBP/MT) Cacao beans (Cent/Bushel) Sugar 2,500 25 2,000 20 1,500 15 1,000 10 500 5 11 ｜ Feb. 7, 2019 ｜ Copyright © Meiji Holdings Co., Ltd. All rights reserve
Slide 12: 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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