Meiji Holdings Co., Ltd. · TSE:2269
Meiji — Investor Day (June 2021)
20 slides from Meiji's investor day presentation, Jun 15, 2021
Slide 1: IR Day (Business Strategy Conference) Food segment
IR Day (Business Strategy Conference) Food segment June 15, 2021 0 © Meiji Holdings Co., Ltd. All rights reserved. Confidential
Slide 2: Summary of 2020 Medium-Term Business Plan
Summary of 2020 Medium-Term Business Plan 1 © Meiji Holdings Co., Ltd. All rights reserved. Confidential
Slide 3: Summary Results of 2020 Medium-Term Business Plan-1
Summary Results of 2020 Medium-Term Business Plan-1 Operating profit (JPY bn) Initial Plan CAGR 1.3% 110.0 84.1 84.7 87.3 87.4 FY 2017 FY 2018 FY 2019 FY 2020 FY 2020 (JPY bn) Net Sales 1,073.6 1,056.6 1,049.5 999.6 1,160.0 Profit margin 7.8% 8.0% 8.3% 8.7% 9.5% Net sales of 43.4 47.1 48.4 49.1 90.0
Slide 4: Summary Results of 2020 Medium-Term Business Plan-2
Summary Results of 2020 Medium-Term Business Plan -2 What we have achieved Invested in future growth for chocolate, nutritionals, cheese etc. Decided to invest in China business to expand overseas business Optimized production system for drinking milk, nutrition, confectionary etc. Stopped
Slide 5: Meiji Statement on Nutrition: Background
Meiji Statement on Nutrition Background For over 100 years, we have provided nutrition based on the spirit of contributing to the country through nutrition. Over the next 100 years, we will make even greater contributions in Japan and throughout the world by providing nutrition. We outline this Me
Slide 6: Meiji Statement on Nutrition
Meiji Statement on Nutrition Meiji continuously evaluates the potential of nutrition. We always have. We always will. Mind 1 Providing nutrition that supports daily Meiji supplies nearly 20 million products daily. We health through natural ingredients such will continue providing the world with a st
Slide 7: New growth domains
Meiji Statement on Nutrition We identify customer latent needs and combine products developed based on new technology and scientific findings with a new framework for customer-oriented product and service provision. This enables us to further expand the various forms of added value we provide throug
Slide 8: 2023 Medium-Term Business Plan
2023 Medium-Term Business Plan 7 © Meiji Holdings Co., Ltd. All rights reserved. Confidential
Slide 9: Business Strategy: Yogurt & Cheese
Business Strategy: Yogurt & Cheese Establish unique position in the market by providing health value of Lactobacillus to customers Net sales (JPY bn) * Functional yogurt CAGR 1.4% Improve functionalities and health evidences of existing products Launch products with new health value 272.0 260.
Slide 10: Business Strategy: Nutrition
Business Strategy: Nutrition Increase sales by providing added-value Net sales (JPY bn)* Sports CAGR 4.1% Increase sales of SAVAS by acquiring new customers Appeal functionality of VAAM Obtain Foods with Function Claims 116.0 123.9 131.0 and Food for Specified Health Use Infant and Toddler F
Slide 11: Business Strategy: Chocolate & Gummy
Business Strategy: Chocolate & Gummy Expand health-oriented products and maximize value of cocoa Net sales (JPY bn)* Value-added chocolate CAGR 3.1% Increase sales of health concious products Develop and venture into new domain and temperature zone featuring the 115.0 121.0 126.0 value of coco
Slide 12: Business Strategy: Drinking milk
Business Strategy: Drinking milk Secure profitability by increasing sales Net sales (JPY bn)* of value-added products Drinking milk 93.4 85.7 86.0 Expand Meiji Oishii Gyunyu brand Reform unprofitable products 0 Improve home delivery business FY 2020 FY 2021 .. FY 2023 Venture into new doma
Slide 13: Business Strategy: Frozen dessert & ready meal and B to B
Business Strategy: Frozen dessert & ready meal and B to B Net sales (JPY bn)* Secure profitability by increasing CAGR 0.4% sales of value-added products Frozen dessert & ready meal 74.6 71.7 72.0 Cope with higher in-house consumption under COVID-19 pandemic 66.5 71.9 71.0 74.6 Differentiate pr
Slide 14: Business Strategy: Overseas
Business Strategy: Overseas Grow sales in China by expanding production capacity Net sales (JPY bn)*4 China CAGR 18.9% Increase production capacity significantly Production capacity at the end of FY 2023 (Based on monetary amount, compare to FY 2020) Milk and yogurt About 4 times 82.0 48.8 55.0
Slide 15: TANPACT
TANPACT Contribute to resolving protein deficiency and malnutrition; One of the current social issues Current protein intake down to 1950s levels Net sales (JPY bn)* Propose to eat protein +10 g/day CAGR 29.5% Develop Meiji unique products that can be consumed at all eating occasions 10.0 Expa
Slide 16: Target for Net Sales and Operating Profit
Target for Net Sales and Operating Profit Net Sales (JPY bn) * CAGR 1.9% 826.5 831.1 874.5 FY 2020 FY 2021 ・・ FY 2023 FY 2021 Analysis of Consolidated FY 2023 Analysis of Consolidated Operating Profit Operating Profit FY 2020 87.4 FY 2020 87.4 Growth in core +9.5 Growth in core business +30.0 busine
Slide 17: References
References 16 © Meiji Holdings Co., Ltd. All rights reserved. Confidential
Slide 18: Food Segment Business Plan for FY 2021 and FY 2023
Food Segment Business Plan* for FY 2021 and FY 2023 (JPY bn) FY 2021 FY 2023 Year on Year vs. FY 2020 Yogurt ＆ Net sales 260.9 +0.1% 272.0 +4.3% Cheese Op. profit 47.7 +0.1% 50.0 +4.8% Net sales 123.9 +6.7% 131.0 +12.8% Nutrition Op. profit 18.5 +4.3% 20.8 +17.1% Chocolate & Net sales 121.0 +5.2% 12
Slide 19: Food Segment Business Plan for FY 2021 and FY 2023
Food Segment Business Plan* for FY 2021 and FY 2023 (JPY bn) FY 2021 FY 2023 year on year vs. FY 2020 Frozen dessert Net sales 71.7 72.0 -3.9% -3.6% & ready meal Op. profit 2.9 -20.7% 4.0 +9.1% Net sales 55.0 +12.6% 82.0 +67.8% Overseas Op. profit 0.5 -57.7% 2.0 +57.5% Other/ Net sales 217.3 -3.1% 2
Slide 20: Information in this material is not intended to solicit sale or purchase of shares
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