Yakult Honsha Co., Ltd. · TSE:2267
Yakult Honsha — Q1 2025 Earnings Presentation
27 slides from Yakult Honsha's earnings presentation, Jul 29, 2025
Slide 1: FY2025 Q1 Financial results Briefing
FY2025 Q1 Financial results Briefing July 29, 2025
Slide 2: Executive Summary of Consolidated Financial Results
Executive Summary of Consolidated Financial Results for the 1st quarter ended June 30, 2025 Yakult Honsha Co., Ltd. July 29, 2025
Slide 3: General outline of Consolidated financial results
General outline of Consolidated financial results ◆Total Decrease in sales and profit. ◆Food and Beverages (Japan) Decrease in sales and profit due to a decrease in sales of dairy products. ◆Food and Beverages (Overseas) Decrease in revenue and profit due to the impact of the appreciation of the yen
Slide 4: Consolidated financial results (1)
Consolidated financial results (1) Billion yen FY2025 FY2024 Difference Revised Forecast * Year-on- (2025.4-2025.6) (2024.4-2024.6) (2025.7.29) Year-on-Year Year (6.0) Net sales 116.5 122.6 Fx impact (3.7) 95.1% 246.5 96.6% (5.1) Operating profit 10.9 16.0 Fx impact (0.8) 67.8% 27.0 79.9% (5.0) Ordi
Slide 5: Consolidated Statement of Income
Consolidated Statement of Income Billion yen FY2025 FY2024 Difference FY2025 FY2024 Difference (2025.4-2025.6) (2024.4-2024.6) (2025.4-2025.6) (2024.4-2024.6) Gain on sales of Net sales 116.5 122.6 (6.0) non-current assets 0.0 0.0 (0.0) Gain on sales of Cost of sales 47.9 48.9 (0.9) investment secur
Slide 6: Consolidated financial results (2)
Consolidated financial results (2) Billion yen Jun.30.2025 Mar.31.2025 Difference (FY2025) (FY2024) Year-on-Year Total assets 832.5 864.3 (31.7) 96.3% Net assets 599.3 629.5 (30.1) 95.2% （yen） （ yen） （ yen） Net assets per share 1,861.47 1,925.42 (63.95) 96.7% Equity-to-asset ratio 65.5% 66.4% (0.9)
Slide 7: Consolidated Balance Sheet
Consolidated Balance Sheet Billion yen Jun.30.2025 Mar.31.2025 Difference Jun.30.2025 Mar.31.2025 Difference (FY2025) (FY2024) (FY2025) (FY2024) Assets Liabilities Cash and deposits 237.5 269.0 (31.4) Notes and accounts payable - trade 21.8 20.7 1.1 Notes and accounts receivable - trade 58.9 55.4 3.
Slide 8: Increase / Decrease in Net sales (1)
Increase / Decrease in Net sales (1) Billion yen Net Sales Year-on-Year Segment FY2025 FY2024 Amount Rate (2025.4-2025.6) (2024.4-2024.6) Food and Beverages in Japan 59.6 62.6 (2.9) (4.8)％ The Americas 21.6 23.6 (1.9) (8.2)％ Asia / Oceania 29.4 29.3 + 0.1 + 0.4 ％ Europe 3.2 3.1 + 0.0 + 1.1 ％ (1.7) F
Slide 9: Increase / Decrease in Net sales (2)
Increase / Decrease in Net sales (2) Change amount (6.0) Billion yen 130.0 Food and FY2024 Beverages 125.0 1st quarter in Japan 122.6 (2.9) The Americas (1.9) {Fx impact (3.3)} Asia / Oceania Europe 120.0 +0.1 +0.0 Others FY2025 {Fx impact (0.3)} {Fx impact (0.0)} (1.4) Adjustments 1st quarter +0.1
Slide 10: Increase / Decrease in Operating profit (1)
Increase / Decrease in Operating profit (1) Billion yen Operating Profit Year-on-Year Segment FY2025 FY2024 Amount Rate (2025.4-2025.6) (2024.4-2024.6) Food and Beverages in Japan 8.7 12.6 (3.8) (30.6)％ The Americas 6.3 7.1 (0.8) (11.4)％ Asia / Oceania 1.2 1.6 (0.3) (22.7)％ Europe 0.0 (0.2) + 0.2 ―
Slide 11: Increase / Decrease in Operating profit (2)
Increase / Decrease in Operating profit (2) Change amount (5.1) Billion yen 20.0 18.0 Food and FY2024 Beverages 1st quarter in Japan 16.0 (3.8) 16.0 The 14.0 Americas (0.8) {Fx impact (0.8)} Asia / Oceania Europe (0.3) +0.2 Others Adjustments FY2025 12.0 {Fx impact (0.0)}{Fx impact +0.0} 1st quarter
Slide 12: Segment share of consolidated sales
Segment share of consolidated sales FY2025 FY2024 1st quarter 1st quarter Europe Europe 2.7% 2.5% Others Others 4.8% 5.7% Asia/ Asia/ Oceania Oceania 24.6% Food and 23.3% Food and Beverages Beverages in Japan in Japan 49.8% 49.7% The The Americas Americas 18.1% 18.8% Overseas total：45.4% Overseas to
Slide 13: Number of bottles sold of dairy products
Number of bottles sold of dairy products (Daily average basis) （Thousands of bottles / day） Company Name Current Previous Year-on Year Company Name Current Previous Year-on Year Japan 9,326 10,049 92.8% Yakult Nederland B.V. 185 174 106.3% Hong Kong Yakult Co., Ltd. 264 265 99.7% Yakult Belgium N.V.
Slide 14: Segment share of consolidated Operating profit
Segment share of consolidated Operating profit FY2025 FY2024 1st quarter 1st quarter Europe Others Europe Others 0.1% (1.2%) (0.9)% 0.4% Asia / Asia / Oceania Oceania 7.9% 7.7% The The Americas Food and Americas Food and 39.1% Beverages 33.5% Beverages in Japan in Japan 54.1% 59.3% Overseas total： 4
Slide 15: Impact by Foreign Exchange Rate
Impact by Foreign Exchange Rate (compared to the previous period) ＜Average rate from Jan to Mar, 2024=100＞ Average rate from Jan to Mar, 2025 The Americas ＜Impact＞ Billion yen BRL 86.45 Profit Net Operating Ordinary attributable to MXN 83.16 sales profit profit owners of parent USD 100.86 The Americ
Slide 16: Revision of Consolidated Forecast For FY 2025
Revision of Consolidated Forecast For FY 2025
Slide 17: Consolidated forecast (1)
Consolidated forecast (1) ・・・ The revised forecast compared to the original forecast Consolidated forecast (2) ・・・ The revised forecast compared to the previous period
Slide 18: Consolidated forecast for FY2025 (1)
Consolidated forecast for FY2025 (1) Billion yen Revised Forecast Original Forecast Difference (2025.4-2026.3) (2025.4-2026.3) (11.0) Net sales 495.0 506.0 Fx impact (2.5) (5.0) Operating profit 53.5 58.5 Fx impact (0.5) (5.0) Ordinary profit 69.5 74.5 Fx impact (0.5) Profit attributable to (3.5) ow
Slide 19: Impact by Foreign Exchange Rate
Impact by Foreign Exchange Rate (compared to the original ) ＜Average rate from Jan to Mar, 2025=100＞ Average rate from Jan to Jun, 2025 The Americas ＜Impact＞ Billion yen BRL 99.27 Profit Net Operating Ordinary MXN attributable to sales profit profit owners of parent 100.82 USD 97.55 The Americas (0.
Slide 20: Forecast of Consolidated Net sales by segment
Forecast of Consolidated Net sales by segment (compared to the original) Billion yen Net Sales VS.Original Forecast Segment Revised Forecast Original Forecast Amount Rate (2025.4-2026.3) (2025.4-2026.3) Food and Beverages in Japan 244.0 252.5 (8.5) (3.4)％ The Americas 91.9 92.0 (0.1) (0.1)％ Asia/Oce
Slide 21: Forecast of Consolidated Operating profit by segment
Forecast of Consolidated Operating profit by segment (compared to the original) Billion yen Operating Profit VS.Original Forecast Segment Revised Forecast Original Forecast Amount Rate (2025.4-2026.3) (2025.4-2026.3) Food and Beverages in Japan 33.9 38.4 (4.5) (11.7)％ The Americas 26.1 26.3 (0.2) (0
Slide 22: Consolidated forecast for FY2025 (2)
Consolidated forecast for FY2025 (2) Billion yen Revised Forecast FY2024 Difference (2025.4-2026.3) (2024.4-2025.3) Year-on-Year (4.6) Net sales 495.0 499.6 Fx impact (14.6) 99.1% (1.8) Operating profit 53.5 55.3 Fx impact (3.0) 96.6% (6.3) Ordinary profit 69.5 75.8 Fx impact (3.8) 91.6% Profit attr
Slide 23: Impact by Foreign Exchange Rate
Impact by Foreign Exchange Rate (compared to the previous period) ＜Average rate from Jan to Dec, 2024=100＞ Average rate from Jan to Jun, 2025 The Americas ＜Impact＞ Billion yen BRL 92.49 Profit Net Operating Ordinary attributable to MXN 89.83 sales profit profit owners of parent USD 96.85 The America
Slide 24: Forecast of Consolidated Net sales by segment
Forecast of Consolidated Net sales by segment (compared to the previous period) Billion yen Net Sales Year-on-Year Segment Revised Forecast FY2024 Amount Rate (2025.4-2026.3) (2024.4-2025.3) Food and Beverages in Japan 244.0 242.9 + 1.0 + 0.4％ The Americas 91.9 91.8 + 0.0 + 0.1％ Asia/Oceania 133.2 1
Slide 25: Forecast of Consolidated Operating profit by segment
Forecast of Consolidated Operating profit by segment (compared to the previous period) Billion yen Operating Profit Year-on-Year Segment Revised Forecast FY2024 Amount Rate (2025.4-2026.3) (2024.4-2025.3) Food and Beverages in Japan 33.9 37.4 (3.5) (9.5)％ The Americas 26.1 25.7 + 0.3 + 1.3％ Asia/Oce
Slide 26: Thank you.
Yakult Thank you. Yakult
Slide 27: Cautionary Statement
CAUTIONARY STATEMENT Statements contained in these materials with respect to Yakult's plans, forecasts and other statements that are not historical facts but forward - looking statements that involve risks and uncertainties that could result in actual results differing substantially from expectation