Nissin Foods Holdings Co., Ltd. · TSE:2897
Nissin Foods — Q1 FY3/2023 Earnings Presentation
15 slides from Nissin Foods's earnings presentation, Aug 4, 2022
Slide 1: Financial Results for FY 3/2023 1Q
Financial Results for FY 3/2023 1Q Announced on August 4, 2022 NISSIN FOODS HOLDINGS CO., LTD. (TSE Stock Code: 2897) Financial Results Presentation: August 4, 2022
Slide 2: FY 3/2023 1Q Financial Results Highlights
FY 3/2023 1Q Financial Results Highlights • Revenue: All three business segments increased. Overall revenue achieved double-digit growth on a consolidated basis driven by Overseas Business • Core Operating Profit of Existing Businesses: Cost increases were offset by increased revenue and improved pr
Slide 3: Consolidated Financial Summary
Consolidated Financial Summary Overseas Business led the overall revenue increase by 12.7% due to price revisions and foreign exchange effects. Core operating profit of existing businesses increased due to price revisions etc., which absorbed increased material and other costs Institutional accounti
Slide 4: Financial Summary by Segment
Financial Summary by Segment Revenues increased significantly in Overseas Business. Domestic Business also posted higher revenues on the back of strong demand. Profit of Domestic Instant Noodles Business and Overseas Business increased, while Domestic Non-Instant Noodles Business decreased profit du
Slide 5: Revenue Results by Segment
Revenue Results by Segment Almost all segments posted revenue increase in response to strong demand, mainly led by the Overseas Business, which recorded double-digit growth from FY 3/2022 1Q Institutional accounting basis Constant currency basis Bil. yen FY 3/2023 YoY change FY 3/2023 YoY change 1Q
Slide 6: Revenue Contribution by Segment (YoY, Institutional accounting basis)
Revenue Contribution by Segment (YoY, Institutional accounting basis) Bil. yen Major Factors* FY 3/2022 1Q Revenue 132.5 (+3%) Cup type: Continued strong sales of CUP NOODLE KARAMEN and new product SAIKYO DONBEI also contributed significantly. Bag type: NISSIN KORE ZETTAI UMAIYATSU! and new product
Slide 7: Core OP Results by Segment
Core OP Results by Segment Increased profit in NISSIN FOOD PRODUCTS, the Americas and China (incl. H.K.), resulting in increased total existing business core operating profit FY 3/2023 1Q Institutional accounting basis FY 3/2023 1Q Constant currency basis Bil. yen Other Income YoY change YoY change
Slide 8: Existing Businesses Contribution to Core OP by Segment
Existing Businesses Contribution to Core OP by Segment (YoY, Institutional accounting basis) Bil. yen FY 3/2022 1Q Core OP 13.2 Major Factors* Domestic NISSIN FOOD PRODUCTS +0.7 +) Increased in operating profit due to increased sales. Decreased in selling, general and administrative expenses, etc. I
Slide 9: Analysis of Core OP of Existing Businesses
Analysis of Core OP of Existing Businesses (YoY, Institutional accounting basis) Bil. yen Decrease Increase Major Factors: Domestic Major Factors: Overseas A： Revenue (Domestic) +1.7 + Price revisions, product mix, etc. + Increased in sales volume across all (including the impact of change regions a
Slide 10: Appendix
Appendix 9
Slide 11: Full-Year Consolidated Earnings Forecasts for FY 3/2023
Disclosed on May 13, 2022 Reprinted materials from "Financial Results for FY 3/2022" Full-Year Consolidated Earnings Forecasts for FY 3/2023 (Excluding Russia/Ukraine impact) Aiming for 52.0 billion yen in core operating profit of existing businesses. We expect IFRS operating profit to be between 47
Slide 12: FY 3/2023 Forecasts by Segment
Disclosed on May 13, 2022 Reprinted materials from "Financial Results for FY 3/2022" FY 3/2023 Forecasts by Segment Aim for increase revenues and operating profits in all business segments from FY 3/2022 results Revenue (IFRS) Core Operating Profit (Non-GAAP) Bil. yen FY 3/2022 Results FY 3/2022 Res
Slide 13: FY 3/2023 Price Revisions (Domestic)
FY 3/2023 Price Revisions (Domestic) Company Name Main Products Price Revision Date Price Revision Rate Bag-type instant noodles, cup-type instant noodles, NISSIN FOOD PRODUCTS Beginning with June 1, 2022 shipments 5%-12% increase in suggested retail price cup-type instant rice, cup-type instant sou
Slide 14: FY 3/2023 Price Revisions (Overseas)
FY 3/2023 Price Revisions (Overseas) The Americas Main Products Price Revision Date U.S. Bag-type instant noodles, cup-type instant noodles August 2022 Brazil Bag-type instant noodles, cup-type instant noodles May 2022 China (Incl. H.K.) Main Products Price Revision Date Hong Kong DEMAE ICCHO, CUP N
Slide 15: • These presentation materials are available in PDF format at our official website, under
Company plans, business forecasts, strategies, and other information contained in this document are based on management judgments derived from information available at the time of this publication. Be aware that these are only future projections, and actual results may differ due to various risks an
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