Sapporo Holdings Limited · TSE:2501

Sapporo — Q1 2016 Earnings Presentation

26 slides from Sapporo's earnings presentation, May 10, 2016

  1. Slide 1: Sapporo Group Business Results Presentation for the Three Months Ended March 31, 2016

    2016 Sapporo Group Business Results Presentation for the Three Months Ended March 31, 2016 May 10, 2016 Sapporo Holdings Ltd. URL http://www.sapporoholdings.jp/english Copyright, 2015 SAPPORO HOLDINGS LTD. All rights reserved. 1/26

  2. Slide 2: Contents

    Contents 1. First-Quarter 2016 Topics 2. Overview of First-Quarter 2016 Results Appendix: Collection of Data by Business Copyright, 2016 SAPPORO HOLDINGS LTD. All rights reserved. 2/26

  3. Slide 3: 1. First-Quarter 2016 Topics

    1. First-Quarter 2016 Topics Copyright, 2016 SAPPORO HOLDINGS LTD. All rights reserved 3/26

  4. Slide 4: First-Quarter 2016 Group Topics

    First-Quarter 2016 Group Topics Earnings: operating income increases ¥2.9 billion y-o-y (billions of yen) 2015 1Q 2016 1Q change Earnings improved at all segments. Consolidated operating income increased significantly by ¥2.9 Net sales 108.4 111.3 2.9 billion y-o-y Operating In addition to the top

  5. Slide 5: First-Quarter 2016 Topics: Japanese Alcoholic Beverages

    First-Quarter 2016 Topics: Japanese Alcoholic Beverages Japanese beer business Sales volume of beer and beer-type beverages up 1% y-o-y Y-o-y change in sales volumes of 3 core brands % Total beer demand <Beer> up 5% y-o-yBlack Label Brand total 4% y-o-y Black Label Canned products have been leading

  6. Slide 6: First-Quarter 2016 Topics: International

    First-Quarter 2016 Topics: International North American beer business performed well, Vietnamese business slowed down partly due to tax increase North American beer business U.S. soft drinks business Jan-Mar net sales North American beer sales volume for Jan-Mar (y-o-y) Country Pure Foods, which w

  7. Slide 7: First-Quarter 2016 Topics: Food & Soft Drinks

    First-Quarter 2016 Topics: Food & Soft Drinks Domestic food and soft drinks Profit growth to continue from product mix improvement, higher efficiency and price increase Y-o-y change in Jan-Mar Y-o-y change in Jan-Mar soft drink sales volume food sales value* <Domestic soft drinks> Sales volume uncha

  8. Slide 8: First-Quarter 2016 Topics: Restaurants

    First-Quarter 2016 Topics: Restaurants Restaurants business in Japan Transforming into highly profitable structure through structural reforms Trends of net sales and number of Sapporo Lion <Breakdown of 170 Sapporo Sapporo Lion outlets Lion outlets> billion Comparable-store sales: up 3% y-o-y Metrop

  9. Slide 9: First-Quarter 2016 Topics: Real Estate

    First-Quarter 2016 Topics: Real Estate Rental properties Ebisu First Square <Yebisu Garden Place> Fully operational and contributing on a full- Leasing of the space after a large-scale tenant left year basis has been completed. Maintaining high occupancy rate Yebisu Garden Place Also working on imp

  10. Slide 10: 2. Overview of First-Quarter 2016 Results

    2. Overview of First-Quarter 2016 Results Copyright, 2016 SAPPORO HOLDINGS LTD. All rights reserved 10/26

  11. Slide 11: 2016 1Q Results Highlight

    20161Q Results Highlight (billions of yen) Consolidated financial YoY changes 2015 1Q 2016 1Q results (amount, %) Net sales(incl. liquor tax) 108.4 111.3 2.9 2.7% Net sales（excl. liquor tax) 86.8 88.8 2.0 2.4% Overseas net sales to total 25.1 ％ 23.4 ％ ー ー (excl. liquor tax) Operating income (4.3) (1

  12. Slide 12: Overview of First-Quarter 2016 Results (1) Special Factors

    Overview of First-Quarter 2016 Results (1) Special Factors <Special factors in the business results (year-on-year)> (―: negligible) Operating income Business segment Details Sales impact impact 2015: Silver Spring Citrus account period change (changed from Oct 2015 to Sep 2016 -> Jan 2016 to Dec 201

  13. Slide 13: Major Sales and Sales Volume (YoY)

    Major Sales and Sales Volume (YoY) Beer (Japan) (10,000 cases) Beer (International) (10,000 cases) Full-year Full-year Jan. 1 - Jan. 1 - Fiscal 2015 Jan. 1 - Jan. 1 - Fiscal 2015 YoY estimate for YoY YoY estimate for YoY Mar.31, 2016 Mar.31, 2015 Actual Mar.31, 2016 Mar.31, 2015 Actual fiscal 2016 f

  14. Slide 14: Net Sales by Segment

    Overview of First-Quarter 2016 Results (2)Net Sales by Segment YoY change （billion of yen） 2015 1Q 2016 1Q Notes （amount,%） Consolidated 108.4 111.3 2.9 2.7％ net sales Japanese Alcoholic 51.2 53.1 1.9 3.7％ Beverages Foreign exchange rates (average rate of 2016 1Q) International 16.0 15.4 (0.5) (3.7)

  15. Slide 15: Factors Contributing to Change in Net Sales

    Overview of First-Quarter 2016 Results (3) Factors Contributing to Change in Net Sales <Main Factors Contributing to Changes in Net Sales> 2016 1Q consolidated net sales [billions of yen] Increase Decrease 111.3 billion YGP, Yebisu +2.9 billion yen Non-alcoholic FS, etc. sales yen Nihon Beans Foreig

  16. Slide 16: Operating Income by Segment

    Overview of First-Quarter 2016 Results (4)Operating Income by Segment （billion of yen） 2015 1Q 2016 1Q Change Notes Consolidated Operating income (4.3) (1.4) 2.9 Japanese Alcoholic Beverages (2.3) (1.8) 0.5 Beer and related product (2.9) (2.5) 0.4 Marginal profit+0.6,Fixed cost and other-0.2 Wine an

  17. Slide 17: Factors Contributing to Changes in Operating Income

    Overview of First-Quarter 2016 Results (5) Factors Contributing to Changes in Operating Income <Main Factors Contributing to Changes in Operating Income> 2016 1Q 2015 1Q consolidated consolidated operating income operating income [billions of yen] Increase Decrease -1.4 billion yen -4.3 billion yen

  18. Slide 18: Changes in Extra Ordinary Gains and Losses

    Overview of First-Quarter 2016 Results (6) Changes in Extra Ordinary Gains and Losses Consolidated Statements of Income （billion of yen） 2015 1Q 2016 1Q Change Primary Reasons Net sales 108.4 111.3 2.9 Operating income (4.3) (1.4) 2.9 Financial account balance (0.2) (0.3) (0.2) Other non-operating e

  19. Slide 19: Investment Status

    Overview of First-Quarter 2016 Results (7) Investment Status Implementation Status of Strategic Investments (including ordinary capex, on a cash bases) Direction of Long-Term Strategic Investment  We will continue to actively carry out strategic investments (1) <Capital expenditure and lease fees>

  20. Slide 20: 2016 Group Financial Targets

    2016 Group Financial Targets ※Forecast are unchanged from the figure announced on February 10, 2016. (billions of yen) Consolidated financial YoY changes 2015results 2016targets results (amount, %) Net sales(incl. liquor tax) 533.7 565.4 31.6 5.9% Net sales（excl. liquor tax) 418.3 445.2 26.8 6.4% Ove

  21. Slide 21: Appendix: Collection of Data by Business

    Appendix： Collection of Data by Business Copyright, 2016 SAPPORO HOLDINGS LTD. All rights reserved. 21/26

  22. Slide 22: Reference Material (1) Japanese Alcoholic Beverages

    Reference Material(1) Japanese Alcoholic Beverages ～Beer Category Data～ ＜＜Jan〜Mar Net sales＞ Wine Billions of yen Billions of yen Beer + Beer type beverages (incl. liquor tax) * *The last minute surge in demand before the consumption tax increase in 2014. Spirits Billions of yen 洋酒 Promotion of dive

  23. Slide 23: Reference Material (2) International Business Data

    Reference Material(2) International Business ～Data ～ ＜Trend of overseas sales volume of SAPPORO brand products (Jan-Mar)> SLEEMAN Net Sales in Local Currency (Jan-Mar) (before elimination of inter-company transactions) （1,000 cases) Sapporo USA Net Sales in Local Currency (Jan-Mar) (before eliminati

  24. Slide 24: Reference Material (3) Food & Soft Drinks Data

    Reference Material(3) Food & Soft Drinks ～ Data ～ <Soft Drinks (Japan): POKKA SAPPORO Food & Beverage Ltd.> Japanese soft drinks sales Japanese soft drinks sales POKKA SAPPORO Food & composition by sales channel volume composition by genre ＜Lemon-based Beverage sales composition (Jan–Mar) (Jan-Mar)

  25. Slide 25: Reference Material (4) Real Estate Data

    Reference Material(4) Real Estate ～ Data ～ Major rental properties & occupancy rates * Information about real estate for lease (*Annual averages for 2016 1Q (contract basis) Major rental properties in Occupancy rate Balance sheet value at December 31, 2015 : approx. ¥197.7 billion Site area (m2) Flo

  26. Slide 26: Sapporo will contribute to the evolution of creative, enriching lifestyles

    As an intrinsic part of people's lives, Sapporo will contribute to the evolution of creative, enriching and rewarding lifestyles. The earnings forecasts and forward-looking statements appearing in this document were prepared by the SAPPORO Group based on currently available information and its best

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