Feed One Co., Ltd. · TSE:2060

Feed One — FY2019 Earnings Presentation

33 slides from Feed One's earnings presentation, Jun 11, 2019

  1. Slide 1: 2019年3月期 決算説明会資料

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  2. Slide 2: 目次

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  3. Slide 3: Results summary and forecast

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  4. Slide 4: 2019年3月期 決算概要

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  5. Slide 5: Market trends: compound feed production

    SERN OH iit ¢ RABE & FEED ONE | SEMA OTTERS (CEU COC RE LETS > RAP MCS SRMABR L8H GR > RAO AMAA CSESTCUMEOS > SARS OMG (CBO CARMEL E tl S| KSREORS NED OB ICONS 23,390 22,683 21,72 — eee C363 +1,471 a tS (FA/*) 21,170 +1,0319 OS Steen Ascites (FY/*) ARSC ATABLE + 5% 1 2 3 4 5 6 7 8 9 10 tL 12 1 2 3 4

  6. Slide 6: Market trends: feed demand

    KERRORRMAS U) | KERNORMARISET LA FEED ONE > Ranke CSU SRN AA SSR > RAD4Ele (SRD HOS > TERARI ARTO OE SIR <. MUR ROASCROGS (CLC CHBMETS. 160,078 ems (F/*) ) Stokes PRoiite (FA/*) ARSC MMS HTABLL + 1% 4 5 6 7 8 9 101112 1 2 3'4 5 6 7 8 9 101112 1 2 3 2018.34 2019.388 pian (Meenas) 152,621 l 147,494 16

  7. Slide 7: Market trends: raw material prices

    HEWMOPA 700 600 + 500 400 & ~ ae a FEED ONE il (Bie CHO ERED S— Ha, PMR - SSN CMS CHES LES (CIRO FORA TMS (mrs EM) crkg - Hid) SOON ENTS MHS (EL: FRM) (kg - Bu) = @ = 2007-2016 E5449 290 — @ — 2007-2016 E F359 a 20178 a 20178 t= 2018 240 oe 2018S 190 140 90 4 3 6 Ei 8 10 11 12 A 2 3 2007-20168 | 201

  8. Slide 8: 2019年3月期 決算概要

    2019 3AM ABE ] (BFA. %) 2018. 338 2019.334 FEED ONE rhe 207,562 100.0 212,886 100.0 + 2.6 215,300 sch 183,629 86.3 189,757 89.1 + 3.3 190,000 RES 20,225 9.5 19,005 8.9 46.0 20,600 elas 3,706 1.7 4,123 1.9 + 11.3 4,700 bese oy lla 4,103 1.9 4,466 2:1 + 8.8 5,100 PATA (CET S apnpires 2,971 1.4 4,657 2

  9. Slide 9: Net sales and profit analysis

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  10. Slide 10: 2019年3月期 セグメント別概況

    201943AHAVLI XY KOI & FEED ONE (BAR, 2018.3#4 2019.358 ALS 151,240 161,026 9,786 +6.5 MBE -—-—---- o-oo noone 9° dy bRU RE 5,009 5,723 714 + 14.3 ALS 53,557 49,248 -4,309 48.0 ams Fae se eee Sa ad b> Ay bAU RE 754 442 -311 A 41.3 rhe 2,764 2,612 -152 45.5 CORY see bd dy DFE 345 317 -28 8.2 apy K 339

  11. Slide 11: Operating profit change analysis

    AS Shea iy FEED ONE ABS BEB aH! gaesseess= +9,786M [lett i 44,309M pd H H I I +324 I 1 47,320 _ +418 +186 ' I i I i] | 413867 4 153 1 1 I ! +5,324 ! +1,539 ' H Ea Ea 2K 7K g g I! zé 68 8 # & | Bg! 2 1 #8 a ciel a © Es RK ! i {i x {oi QD a e ! Il ® = ig 4, as a | 1 8 ae ig cE el cl x «tl i mm a nn A

  12. Slide 12: Operating profit variance factors

    & FEED ONE x 2 > N W setae 1B +157 +50 +1,229 ERSE(URS HP LOSERS EI SP RSHKEKIX Sih VY 6 Das SWE SUS KHER RMS SHANG ET ES 4979 SEAGER S08 SS SW CEES Li 4 eee 2X BURA (IETS +3787), Bee Sree A324 5A) Si (Pal ASE Ria AE 4 20085FI) 25/+918AA

  13. Slide 13: 2020年3月期 業績予想

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  14. Slide 14: 2020年3月期 業績予想

    2020463AHA #4a778 & (BAR, %) FEED ONE 2019.3HA LI SLE 212,886 100.0 235,300 100.0 + 10.5 5 LER 189,757 89.1 210,900 89.6 +1141 AREY 19,005 8.9 19,300 8.2 +16 ese rlgs 4,123 1.9 5,100 2.2 + 23,7 eat eas 4,466 24 5,300 2.3 + 18.7 na 4,657 2.2 3,600 15 22.7 Bee 3,811 = 13,434 = + 252.5 AUT SAD ES 2,395

  15. Slide 15: Operating profit forecast change

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  16. Slide 16: 2020年3月期 セグメント別予想

    20204F3AHA VO X> Kar & FEED ONE (BAR, %) 2020.38 a ts 161,026 177,600 + 10.3 4 KEARSE (BE+BAt, KE+1At) APR ost rt 20° Malas 5,723 6,700 + 17.1 B KEN IRAE, KERNS ALS 49,248 54,900 + 11.5 T>21—Y—mPR ESIC k ORRIN SRBE 2... ee ._._._ 2° SNARE 442 600 + 35.7 FEIN, MALI —ORIA ALS 2,612 2,800 + 7.2 AME SON

  17. Slide 17: Financial trends and dividends

    AcS~ 4a & 2015.334 2017.34 2018.334 2019.34 FEED ONE 2020.38 Fa (pgm SS) 190685 | 3.937859 | 3,93785R | 297180 | 4,657 BRP | (36008758) re rer a 3A 49 4.579 4.579 457 (4.57) metre 24.2% 34.2% 22.5% 29.8% 19.0% (24.7%) DOE (eaeie 2.3% 3.0% 3.1% 2.8% 2.5% - BSBA 22518 23989 3918 42689 347189 7 (FRR) (

  18. Slide 18: Medium-term management plan

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  19. Slide 19: Medium-term plan overview and targets

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  20. Slide 20: Operating profit growth plan

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  21. Slide 21: Basic policy and initiatives

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  22. Slide 22: Key initiatives

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  23. Slide 23: Initiatives: feed business

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  24. Slide 24: Initiatives: production and sales

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  25. Slide 25: Initiatives: new business

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  26. Slide 26: Initiatives: partnerships

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  27. Slide 27: Initiatives: cost structure

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  28. Slide 28: Initiatives: capital investment

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  29. Slide 29: Financial targets and indicators

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  30. Slide 30: Capital policy and shareholder returns

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  31. Slide 31: Shareholder return policy

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  32. Slide 32: ESG and SDGs initiatives

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  33. Slide 33: Disclaimer

    HBULTOH#BEE FEED ONE ABA CER NICE AP PMS SRE FRA COSHONM CHO, EORROEMEE REET S60T (BORA. El. RABEROALCKORROREPBEREARASAMENHS CCACRMBS PAU.

Feed One — FY2019 Earnings Presentation on 6ix