Itoham Yonekyu Holdings, Inc. · TSE:2296

Itoham Yonekyu — Q1 FY2022 Earnings Presentation

33 slides from Itoham Yonekyu's earnings presentation, Aug 3, 2022

  1. Slide 1: Financial Results for Q1 of FY2022

    Itoham Yonekyu Holdings Inc. Financial Results for Q1 of FY2022 (Ending March 31, 2023) 1. Performance August 03, 2022 ITOHAM YONEKYU HOLDINGS INC. 2022

  2. Slide 2: Table of Contents

    Table of Contents 1-01 Earnings Results 1-02 Supplemental Data 1-03 Appendix 1 ITOHAM YONEKYU HOLDINGS INC. 2022

  3. Slide 3: Rearrangement of segment

    1-01 Rearrangement of segment ※Round off less than 100 million yen  From this term, the segment was changed from the production category to the organizational unit.  From this term, segment indicative profit was changed from operating profit to ordinary profit.  The previous year's results on thi

  4. Slide 4: Consolidated Results of Operations

    1-01 Consolidated Results of Operations ※Round off less than 100 million yen  Sales increased by 4.8% due to rising meat prices and price change for processed foods.  Ordinary profit decreased by 8.6%, because it has not covered high raw material cost of processed foods. 100 Million Yen,% year-on-

  5. Slide 5: Segment Results of Operations

    1-01 Segment Results of Operations ※Round off less than 100 million yen  Ordinary profit of Processed Food Division decreased by 28.7%, because the price change have not covered the risen raw material costs and utility costs.  Ordinary profit of Meat Division increased by 11.3%, because ANZCO Food

  6. Slide 6: Processed Food Division Results: 1Q Profit analysis

    1-01 Processed Food Division Results : 1Q Profit analysis ※Round off less than 100 million yen  Sales unit price increased by Ham and Sausage + 4.0%, Cooked Processed Food + 2.3%.  Raw material / utility cost (- 2,400million yen) have exceeds the price change amount (+1,900 million yen). Ordinary

  7. Slide 7: Meat Division Results: 1Q Profit analysis

    1-01 Meat Division Results : 1Q Profit analysis ※Round off less than 100 million yen  ANZCO Foods has kept the favorable performance as a background of worldwide high meat price (+1,300 million yen increase in profit) .  Earnings in the production business decreased due to the rise in compound fee

  8. Slide 8: Forecast of Consolidated Financial Results

    1-01 Forecast of Consolidated Financial Results ※Round off less than 100 million yen  High raw material costs for processed foods have had a major impact, and ordinary profit is expected to decline by 16.1%.  Although the environment surrounding the business is harsh, we will implement measures su

  9. Slide 9: Segment Forecast: FY2022 Full-year

    1-01 Segment Forecast：FY2022 Full-year ※Round off less than 100 million yen  In the Processed Food Division, the risen in raw material prices would be expected to cause a significant decrease in ordinary profit by 35.2%.  In the Meat Division, operating profit would be expected to increase due to

  10. Slide 10: Processed Food Division: Full-year earnings forecast

    1-01 Processed Food Division : Full-year earnings forecast ※Round off less than 100 million yen  Scheduled to conduct the price change again from October.  Due to the impact of the depreciation of the yen, the load on raw materials and utilities would be expected to be -12,500 million yen (-4,500

  11. Slide 11: Meat Division: Full-year earnings forecast

    1-01 Meat Division : Full-year earnings forecast ※Round off less than 100 million yen  ANZCO Foods would continue to perform well and expects an increase in profit of +4,000 million yen.  By maintaining the high price of compound feed, the production division would be expected to have -1,800 milli

  12. Slide 12: Full-year earnings forecast (Progress)

    1-01 Full-year earnings forecast（Progress） ※Round off less than 100 million yen  Ordinary income has a progress rate of 32%, partly due to the fact that ANZCO Foods performance is heavily weighted in the first half. Consolidated Reference: Progress of ordinary income 1Q Actual Full-year (over-the-c

  13. Slide 13: Table of Contents

    Table of Contents 1-01 Earnings Results 1-02 Supplemental Data 1-03 Appendix 12 ITOHAM YONEKYU HOLDINGS INC. 2022

  14. Slide 14: Supplemental Data: Profit/Loss

    1-02 Supplemental Data : Profit/Loss ※Round off less than 100 million yen Year Actual Sale of each country and region ※ Recombined *Previous year ※Recombined Account 100 Million Yen,% published figures Account 100 Million Yen,% FY2021 FY2022 FY2021 FY2021 FY2022 1Q 1Q Change 1Q 1Ｑ 1Ｑ Change Sales 2,

  15. Slide 15: Supplemental Data: S,G & A Expenses / Non-operational G/L

    1-02 Supplemental Data : S,G & A Expenses / Non-operational G/L ※Round off less than 100 million yen S,G & A Expenses Non-operational Gain/Loss ※ Recombined *Previous year Account 100 Million Yen,% published figures 100 Million Yen,% FY2021 FY2022 FY2021 FY2021 FY2022 1Q 1Q Change 1Q 1Q 1Q Change No

  16. Slide 16: Supplemental Data: Balance Sheet

    1-02 Supplemental Data : Balance Sheet ※Round off less than 100 million yen 100 Million Yen,% FY2022 FY2022 FY2022 FY2022 Change Change Year end 1Q end Year end 1Q end Current Assets 2,434 2,615 +181 Total Liabilities 1,504 1,705 +201 Cash and Term Deposits 480 353 -127 Current Liabilities 1,265 1,4

  17. Slide 17: Supplemental Data: Cash flow statement

    1-02 Supplemental Data : Cash flow statement ※Round off less than 100 million yen 100 million yen,％ FY2021 FY2022 1Ｑ 1Ｑ Change ①Cash Flow from Operation 7 -19 -27 Income Before Taxes 85 横位置：1.0 cm 76 -8 横位置：14.2 cm 縦位置：3.2 cm Depreciation 縦位置：2.8 27 cm 27 +1 倍率：100% 倍率：100% Change in Recievables 11

  18. Slide 18: Supplemental Data: Itemized Sales

    1-02 Supplemental Data : Itemized Sales ※Round off less than 100 million yen Itemized Sales 100 Million Yen,% Consolidated Processed Food Division Meat Division Others FY2021 FY2022 FY2021 FY2022 FY2021 FY2022 FY2021 FY2022 1Ｑ 1Ｑ Change 1Ｑ 1Ｑ Change 1Ｑ 1Ｑ Change 1Ｑ 1Ｑ Change Sales 2,026 2,123 +97 85

  19. Slide 19: Supplemental Data: Full-year earnings forecast details

    1-02 Supplemental Data ： Full-year earnings forecast details ※Round off less than 100 million yen 100 million yen、％ First half Second half Year 2022 Last Last 2022 Last Last 2022 Last Last change change change Forecast 2021 Forecast Forecast Forecast 2021 Forecast Forecast Forecast 2021 Forecast For

  20. Slide 20: Table of Contents

    Table of Contents 1-01 Earnings Results 1-02 Supplemental Data 1-03 Appendix 19 ITOHAM YONEKYU HOLDINGS INC. 2022

  21. Slide 21: Appendix: Overseas Markets

    1-03 Appendix : Overseas Markets Pork Carcass - Denmark Picnic - USA （DKK/kg） （USD/lb） 15.00 1.90 2019 2019 14.00 2020 1.70 2020 2021 13.00 1.50 2021 2022 2022 12.00 1.30 横位置：0.80 cm 横位置：13.00 cm 11.00 縦位置：2.50 cm 1.10 縦位置：2.50 cm 10.00 倍率：100% 0.90 倍率：100% 9.00 0.70 8.00 0.50 7.00 0.30 11 13 15 17

  22. Slide 22: Consumer price trends vs. same period last year

    1-03 Appendix : CPI Beef Chicken +20.0 +20.0 +18.0 Food +18.0 Food +16.0 +16.0 +14.0 Beef (domestic) +14.0 Chicken vs. same period last year（％） vs. same period last year（％） +12.0 Beef (imported) +12.0 +10.0 +10.0 +8.0 +8.0 +6.0 +6.0 +4.0 +4.0 横位置：12.40 cm +2.0 横位置：0.23 cm +2.0 +0.0 +0.0 縦位置：2.5 cm -

  23. Slide 23: Ham & Sausage Supply

    1-03 Appendix : Ham & Sausage Supply Domestic Production Imports 55,000 5,000 FY2020 FY2021 4,500 50,000 FY2022 4,000 Domestic (ton) 45,000 Import (ton) 3,500 横位置：2.00 cm 横位置：12.9 cm 縦位置：2.50 cm 縦位置：2.50 cm 3,000 40,000 倍率：100% 倍率：100% FY2020 2,500 35,000 FY2021 FY2022 2,000 30,000 1,500 (ton) Apr.

  24. Slide 24: Ham/Sausage domestic market share

    1-03 Appendix : Ham/Sausage domestic market share ham/sausage domestic market ham/sausage domestic market Our share Value per 100 monitors year-on-year Average price year-on-year (%) (%) (%) 24.0 110.0 110.0 105.0 105.0 横位置：17.10 cm 20.0 横位置：1.00 cm 横位置：8.90 cm 縦位置：3.00 cm 縦位置：3.00 cm 100.0 縦位置：3.00

  25. Slide 25: Wiener domestic market share

    1-03 Appendix : Wiener domestic market share Wiener domestic market Wiener domestic market Our share Value per 100 monitors year-on-year Average price year-on-year (%) (%) (%) 24.0 110.0 110.0 105.0 105.0 横位置：17.10 cm 20.0 横位置：1.00 cm 横位置：8.90 cm 縦位置：3.00 cm 縦位置：3.00 cm 100.0 縦位置：3.00 cm 100.0 倍率：10

  26. Slide 26: Slice pack of ham, bacon, etc. domestic market share

    1-03 Appendix : Slice pack of ham, bacon, etc. domestic market share Slice pack of ham, bacon, etc. domestic market Slice pack of ham, bacon, etc. domestic market Our share Value per 100 monitors year-on-year Average price year-on-year (%) (%) (%) 24.0 110.0 110.0 105.0 105.0 横位置：17.10 cm 20.0 横位置：1

  27. Slide 27: Pizza/Snacks domestic market share

    1-03 Appendix : Pizza/Snacks domestic market share Pizza/Snacks domestic market Pizza/Snacks domestic market Our share Value per 100 monitors year-on-year Average price year-on-year (%) (%) (%) 42.0 115.0 110.0 FY2021 110.0 105.0 FY2022 横位置：17.10 cm 横位置：1.00 cm 横位置：8.90 cm 縦位置：3.00 cm 34.0 縦位置：3.00

  28. Slide 28: Hamburger steak/Meatball domestic market share

    1-03 Appendix : Hamburger steak/Meatball domestic market share Hamburger steak/Meatball domestic market Hamburger steak/Meatball domestic market Our share Value per 100 monitors year-on-year Average price year-on-year (%) (%) (%) 24.0 115.0 110.0 110.0 105.0 横位置：17.10 cm 横位置：1.00 cm 横位置：8.90 cm 縦位置：

  29. Slide 29: Cooked chicken food domestic market share

    1-03 Appendix : Cooked chicken food domestic market share Processed chicken food domestic market Processed chicken food domestic market Our share Value per 100 monitors year-on-year Average price year-on-year (%) (%) (%) 30.0 115.0 110.0 110.0 105.0 横位置：17.10 cm 横位置：1.00 cm 横位置：8.90 cm 縦位置：3.00 cm 2

  30. Slide 30: Marketed Volume/Ending Stock/Market Price (Beef)

    1-03 Appendix : Marketed Volume/Ending Stock/Market Price (Beef) Estimated Marketed Volume Estimated Marketed Volume Estimated Ending Stock (Imported) (Domestic) (Imported) 70,000 70,000 150,000 FY2020 140,000 60,000 FY2021 60,000 130,000 FY2022 横位置：1.30 cm 横位置：8.90 cm 120,000 横位置：16.80 cm 50,000 50

  31. Slide 31: Marketed Volume/Ending Stock/Market Price (Pork)

    1-03 Appendix : Marketed Volume/Ending Stock/Market Price (Pork) Estimated Marketed Volume Estimated Marketed Volume Estimated Ending Stock (Imported) (Domestic) (Imported) 100,000 100,000 230,000 220,000 FY2020 90,000 90,000 FY2021 210,000 FY2022 200,000 80,000 横位置：1.30 cm 80,000 横位置：8.90 cm 横位置：16

  32. Slide 32: Marketed Volume/Ending Stock/Market Price (Chicken)

    1-03 Appendix : Marketed Volume/Ending Stock/Market Price (Chicken) Estimated Marketed Volume Estimated Marketed Volume Estimated Ending Stock (Imported) (Domestic) (Imported) 180,000 180,000 180,000 160,000 FY2020 160,000 160,000 FY2021 140,000 140,000 140,000 FY2022 横位置：1.30 cm 横位置：8.90 cm 横位置：16.

  33. Slide 33: Contact Information

    Contact Information ALT ITO Bldg. 1-6-21, MITA, MEGURO-KU, TOKYO , 153- 8587, JAPAN ITOHAM YONEKYU HOLDINGS INC. Public & Investor Relations Office TEL : +81-3-5723-6889 You can also contact us from the company website. https://www.itoham-yonekyu-holdings.com The current plans, forecasts, strategies

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