Lifedrink Company Inc. · TSE:2585
Lifedrink — Q1 FY2024 Earnings Presentation
22 slides from Lifedrink's earnings presentation, Aug 10, 2023
Slide 1: Financial Results for 1Q 2024
Financial Results for 1Q 2024 August 10,2023
Slide 2: Disclaimer
Disclaimer This document has been prepared by LIFEDRINK COMPANY, INC. (the “Company”) solely for information purpose only. This document does not constitute or form part of and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy or acquire securities of the C
Slide 3: Our Key Figures: Q1 FY2024
Our Key Figures：Q1 FY2024 Production quantity*1 Revenue Operating Profit 16 9.9 1.4 Million cases*2 Billion yen Billion yen （YoY ＋ 22%） （YoY +38%） （YoY +89%） *1： Incl, Nitto Beverage, but not incl, Ikoma meisui 3 *2： 1 box = 12L is calculated
Slide 4: Executive Summary: Q1 FY2024
Executive Summary ： Q1 FY2024 ⚫ Increased production volume (+22% YoY) due to investments to increase production capacity at existing factories and additional production volume of Increase Nitto Beverage, which was made a subsidiary in January. Production, ⚫ Revenue increased (+38% YoY) due to secur
Slide 5: Financial Result: Q1 FY2024
Financial Result ： Q1 FY2024 Increased production*1 （+22％YoY） contributed to an increase in sales of 2.7BN（+38％）. Operating Profit increased (+89%) as higher sales and cost reduction measures covered various cost increases. Unit：MM(JPY) FY2023 FY2023 Variance YoY% （Q1） （Q1） （YoY） Revenue 7,209 9,971
Slide 6: Operating Profit Bridge: Q1 FY2024
Operating Profit Bridge： Q1 FY2024 Increased costs(raw material and utility) were covered by increased sales volume, higher revenue and productivity improvements/cost reductions, and operating ｐrofit was 664 million yen compared to the previous year gain. Unit：MM JPY Increase in Increase in Increase
Slide 7: Performance Progress: Q1 FY2024
Performance Progress： Q1 FY2024 The rate of progress against the FY2024 plan is 28% for revenue and 38% for operating profit. FY2024 Plan Revenue Act 9.9BN Progress 28% 35.2BN Operating Act 1.4BN Progress 38% 3.7BN Ｐrofit Profit Act 0.9BN Progress 39% 2.4BN 7
Slide 8: (Reference) Quarterly performance trends ①
（Reference）Quarterly performance trends ① ■ FY2022 ■ FY2022 ■ FY2023 ■ FY2023 ■ FY2024 ■ FY2024 Unit：Million cases*1 Unit：BN JPY ＋3.0 Production quantity ＋2.7 Revenue （+22%） （+38%） 16.6 14.8 14.6 9.9 13.6 14.1 12.8 12.9 12.3 12.3 8.0 7.9 7.2 6.8 7.0 6.5 6.0 5.8 0.0 0.0 0.0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q *1
Slide 9: (Reference) Quarterly performance trends ②
（Reference）Quarterly performance trends ② ■ FY2022 ■ FY2022 ■ FY2023 ■ FY2023 ■ FY2024 ■ FY2024 Unit：BN JPY Unit：BN JPY Operating Profit/% EBITDA/% ＋0.6BN ＋0.6BN 16.0 （+89%） 16.0% （+69%） 18.0 17.0% 18.0% 14.1% 14.0 14.0% 16.0 15.2% 15.4% 16.0% 11.7% 13.9% 13.7% 13.8% 12.0 11.4% 12.0% 14.0 14.0% 12.8
Slide 10: Balance Sheet: Q1 FY2024
Balance Sheet： Q1 FY2024 Fix Assets increased due to capital investments for relating to Gotemba factory. In addition, Fixed liabilities also grew because of bank loan for capital investments for the same factory. FY2023(YE) FY2024(Q1) Unit：MM(JPY) Amount % Amount % Variance Current Assets 10,905 49
Slide 11: Major capital investment progress: Q1 FY2024
Major capital investment progress： Q1 FY2024 Completed the investment for increasing production capacity at existing factories. In addition, acquired the real estate for Gotemba factory in April of 2023. Investment（MM JPY） Purpose Factory Total FY2022 FY2023 FY2024 Purpose Amount Payment Payment Pay
Slide 12: Q1 FY2024 Topics: Initiatives at Nitto Beverage
Q1 FY2024 Topics： Initiatives at Nitto Beverage In the area of production, supply, recruitment and sales, focus on some activities for creating synergy between Nitto Beverage and Life drink Company. Case1: Synergy for production Case4:Synergy for Sales ⚫ Rearrange the product lineup for ⚫ In June of
Slide 13: Appendix) Lifedrink company Introduction
Appendix） Lifedrink company Introduction 13
Slide 14: About us
About us Our head office is located in Osaka, and our main business is the drink and leaf business that manufactures and sells Mineral water, tea, and carbonated drinks. Company Overview Our Philosophy Center of Deliciousness, Issuer LIFEDRINK COMPANY, INC. (“LDC”) Foremost Reassurance President Kun
Slide 15: Our History
Our History Our company is 5１ years of establishment. Listed on the prime market(Tokyo Stock Exchange) in June 2023. Formed a capital and business alliance with Sunrise Capital, sub-advised by CLSA 2015 Capital Partners Japan 2016 Established the Fuji Meisui Ashikaga factory (currently the Tochi
Slide 16: Our features and strengths
Our features and strengths Have the advantage of "low-price products“ & "stable supply" through "mass production of less varieties," “High in-house coverage," and "nationwide expansion of factories." ⚫ Specializing in 2L and 500ml of Mass water, tea and carbonated Production water of less ⚫ Other be
Slide 17: Our features and strengths (Mass Production of less variety products)
Our features and strengths（Mass Production of less variety products） The liquid type is water, tea, carbonated water, and the capacity is concentrated in 2L / 500ml. Achieves minimization of waste in each process Natural mineral water Carbonated water ZAO SODA 500ml/ 2L 500ml Green tea Oolong tea Na
Slide 18: Our features and strengths (In-house/Nationwide Expansion of factories)
Our features and strengths （In-house/Nationwide Expansion of factories） In-house production mainly reduces manufacturing costs, and nationwide expansion of factories reduces distribution costs. In-house production from Nationwide Expansion of factories procurement to sales ﾚｼﾞﾝ PF （写真） （写真） Resin Pr
Slide 19: Our Sales Channels
Our Sales Channels Build relationships with major retailers in each channel. EC is steadily expanding, such as winning the first place in the Rakuten annual ranking overall. 「 Strong partnership with retailers Expansion of direct channels through EC deployment Main product (for EC only) GMS Super Ma
Slide 20: Med-term plan outline
Med-term plan outline Aim to improve our corporate value by “evolving and deepening max production and max sales”, improving and acquiring productivity, and taking on the challenge of the EC/D2C model. Evolution and deepening of max production and max sales ＝Increase/acquire production capacity ⚫ In
Slide 21: Our sustainability policy and materiality
Our sustainability policy and materiality Based on our Sustainability Policy, Aim to achieve both “promotion of sustainability and improvement of corporate value” from a long-term perspective. Establishi Sustainability ng stable supplying Policy system Manageme Sustainable Fulfill our social nt wate
Slide 22: LIFEDRINK COMPANY
LIFEDRINK COMPANY LIFEBRINK COMPANY