Takara Holdings Inc. · TSE:2531
Takara — FY2025 Earnings Presentation
82 slides from Takara's earnings presentation, May 15, 2025
Slide 1: Financial results for the Year Ended March 31, 2025
Financial results for the Year Ended March 31, 2025 May 15, 2025 Takara Holdings Inc.
Slide 2: Contents
Contents Ⅰ. Financial results for the fiscal year ended March 31, 2025 Ⅱ. Financial forecasts for the fiscal year ending March 31, 2026 Ⅲ. Progress of the Medium-Term Management Plan for 2025 Ⅳ. Business strategy for the fiscal year ending March 31, 2026 １．Takara Shuzo ２. Takara Shuzo Int’l Group Ⅴ.
Slide 3: Ⅰ. Financial results for the fiscal year ended March 31, 2025
Ⅰ. Financial results for the fiscal year ended March 31, 2025
Slide 4: Takara Holdings (Consolidated) Financial results
Takara Holdings (Consolidated) Financial results for the fiscal year ended March 31, 2025 (Millions of Yen) Change from Compared to forecasts previous period ’25/3 Actual YOY (%) announced on February,2025 （％） Net sales increased, while operating income Net Sales 362,693 ＋6.9 ＋0.2 and ordinary incom
Slide 5: Takara Shuzo Financial results
Takara Shuzo Financial results for the fiscal year ended March 31, 2025 (Millions of Yen) Change from forecasts ’25/3 Actual YOY (%) announced on February,2025 （％） Net Sales 119,663 (3.3) ＋1.0 Takara Shuzo Gross profit 29,919 (5.7) ＋0.8 Operating income 5,037 (8.5) ＋7.6 Compared to previous period ・
Slide 6: Takara Shuzo Int'l Group Financial results
Takara Shuzo Int’l Group Financial results for the fiscal year ended March 31, 2025 (Millions of Yen) Change from forecasts ’25/3 Actual YOY (%) announced on February,2025 （％） Net Sales 185,803 ＋15.8 ＋0.1 Takara Shuzo Gross profit 59,694 ＋15.4 (0.5) Int’l Group Operating income 11,655 (5.2) (2.9) Co
Slide 7: Takara Bio Group Financial results
Takara Bio Group Financial results for the fiscal year ended March 31, 2025 (Millions of Yen) Change from forecasts ’25/3 Actual YOY (%) announced on February,2025 （％） Net Sales 45,039 ＋3.5 (1.0) Takara Bio Gross profit 26,067 (3.1) (3.7) Group Operating income 2,263 (24.6) (24.6) Compared to previo
Slide 8: Statements of Cash Flows
Takara Holdings (Consolidated) Statements of Cash Flows for the fiscal year ended March 31, 2025 ◇Consolidated Statements of Cash Flows (Millions of Yen) ’24/3 ’25/3 Change Actual Actual cash flows from operating activities 29,178 16,155 (13,022) cash flows from investing activities (19,993) (41,562
Slide 9: Investment Performance
Investment Performance for the fiscal year ended March 31, 2025 M&A investments, etc. increased in the Takara Shuzo Int’l Group. Investments in the consolidated Takara Group exceeded the initial plan, totaling 44.6 billion yen. ◇Investment Performance (Billions of Yen) Investment ’25/3 plan Overview
Slide 10: Dividends and Reduction of cross-shareholdings
Dividends (planned) , Reduction of cross-shareholdings for the fiscal year ended March 31, 2025 ◇Dividends (planned) for ’25/3 31yen（Dividend payout ratio 37.4％） Dividends ※’24/3 29yen（ Dividend payout ratio 35.3％） ◇Reduction of cross-shareholdings ’24/3 Actual ’25/3 Actual Number of 8 10 stocks sol
Slide 11: Consolidated Balance Sheets
Takara Holdings (Consolidated) Consolidated Balance Sheets for the fiscal year ended March 31, 2025 ・Although investments led to a decrease in cash and deposits, total assets increased due to increases in inventories, goodwill, etc. associated with M&A. ・Liabilities increased as a result of borrowin
Slide 12: ROE/ROIC performance
Takara Holdings (Consolidated) ROE/ROIC performance for the fiscal year ended March 31, 2025 ‘24/3 ‘25/3 Changes from the Actual(%) Actual(%) previous fiscal year ・Net income largely unchanged (16.1 billion yen → 16.2 billion yen) ROE 7.5 6.8 ・Equity increased (216.3 billion yen → 236.9 billion yen)
Slide 13: Ⅱ. Financial forecasts for the fiscal year ending March 31, 2026
Ⅱ. Financial forecasts for the fiscal year ending March 31, 2026
Slide 14: External environment assumptions
External environment assumptions for the fiscal year ending March 31, 2026 External environment assumptions [Takara Shuzo] ・There are increased costs associated with raw materials, etc., but exchange rates are forecast to be largely unchanged from the previous fiscal year ・For RTD, for which advance
Slide 15: Financial forecasts for FY ending March 31, 2026
Takara Holdings (Consolidated) Financial forecasts for the fiscal year ending March 31, 2026 (Millions of Yen) '26/3 Forecasts Change(%) Net Sales 401,000 ＋10.6 Gross Profit 135,400 ＋13.2 Operating income 21,900 ＋6.3 Ordinary income 22,200 ＋0.1 Net Income attributable to owners of the 16,300 ＋0.6 pa
Slide 16: Financial forecasts by Business
Financial forecasts by Business for the fiscal year ending March 31, 2026 (Millions of Yen) '26/3 Forecasts Change(%) Net Sales 120,681 ＋0.9 Takara Shuzo Gross profit 31,316 ＋4.7 Operating income 5,337 ＋5.9 Net Sales 214,600 ＋15.5 Takara Shuzo Gross profit 69,750 ＋16.8 Int’l Group Operating income 1
Slide 17: Financial forecasts by Business (1H, 2H)
Financial forecasts by Business for the fiscal year ending March 31, 2026 (1H,2H) (Millions of Yen) '26/3 1H '26/3 2H Change (%) Change (%) Forecasts Forecasts Net Sales 191,000 ＋8.2 210,000 ＋12.8 Takara Holdings (Consolidated) Gross profit 63,200 ＋7.6 72,200 ＋18.6 Operating income 7,800 (25.9) 14,1
Slide 18: Effect of change in exchange rates
Effect of change in exchange rates for the fiscal year ending March 31, 2026 Impact of exchange rate fluctuations will be insignificant for Takara Shuzo and Takara Shuzo Int’l Group in aggregate. ◇Exchange rate forecast for main exchange rates (compared to ‘25/3) '25/3 '26/3 Change Actual Forecasts
Slide 19: Statements of Cash Flows forecasts
Takara Holdings (Consolidated) Statements of Cash Flows forecasts for the fiscal year ending March 31, 2026 ◇Consolidated Statements of Cash Flows (Millions of Yen) ’25/3 ’26/3 Change Actual Forecasts cash flows from operating activities 16,155 25,532 9,377 cash flows from investing activities (41,5
Slide 20: Shareholders return
Shareholders return for the fiscal year ending March 31, 2026 ◇Dividends (planned) for ’25/3 31yen（Dividend payout ratio 37.1％） Dividends ※Ordinary dividend: 29 yen + 100th anniversary dividend: 2 yen ◇Acquisition of Treasury Stock Number of shares 3.0 million shares (upper limit) to be acquired Tot
Slide 21: Policy for reducing cross-shareholdings
Policy for reducing cross-shareholdings for the fiscal year ending March 31, 2026 With efforts to make further improvements to capital efficiency, total cross- shareholdings are set to halve from the end of the fiscal year ended March 31, 2025 by the end of the fiscal year ending March 31, 2030. ◇Po
Slide 22: ROE/ROIC performance forecasts
Takara Holdings (Consolidated) ROE/ROIC performance forecasts for the fiscal year ending March 31, 2026 ‘25/3 ‘26/3 Actual(%) Forecasts(%) ROE 6.8 6.5 ROIC 4.0 4.0 ROIC by business (reference) *From the fiscal year Takara 5.0 5.1 ending March 31, 2026, the ROIC calculation Shuzo * * method at Takara
Slide 23: Ⅲ. Progress of the Medium-Term Management Plan for 2025
Ⅲ. Progress of the Medium- Term Management Plan for 2025
Slide 24: Overview of Medium-Term Management Plan for 2025
Overview of Medium-Term Management Plan for 2025 Long-Term Management Plan “TaKaRa Group Challenge for the 100th（TGC100） ” (for 2020-2025) Medium-Term Management Plan for 2022 Medium-Term Management Plan for 2025 for 2020-2022 for 2023-2025 During this period, Takara Group intends to accelerate inve
Slide 25: Financial forecasts vs mid-term plan 2025
Takara Holdings (Consolidated) Financial forecasts for the fiscal year ending March 31, 2026 <vs mid-term plan2025> (Millions of Yen) Mid-term plan '26/3 Forecasts Change (％) 2025 Target Net Sales 401,000 420,000 or more (4.5) Gross profit 21,900 38,000 or more (42.4) Percentage of net sales from ov
Slide 26: Financial forecasts by business vs mid-term plan 2025
Takara Holdings (Consolidated) Financial forecasts by business for the fiscal year ending March 31, 2026 <vs mid-term plan2025> (Millions of Yen) Mid-term '26/3 Forecasts plan 2025 Change (％) Target Net Sales 120,681 123,200 (2.0) Takara Shuzo Gross profit 5,337 5,000 ＋6.7 Net Sales 214,600 218,000
Slide 27: Gap Between Planned and Current External Environment
Medium-Term Management Plan for 2025 Gap Between Planned and Current External Environment Gaps in external Impact on performance environment Takara Shuzo Negative Increasing weak yen Takara Shuzo Int’l Positive Group Growth stagnation in Takara Shuzo Int’l restaurant markets due to Negative global i
Slide 28: Takara Shuzo Performance Trends vs mid-term plan
Takara Shuzo Performance Trends <vs mid-term plan2025> Net Sales (Billions of Yen) Since October 2023, appropriate price Actual & Forecasts 130 revisions have been made, but net Mid-Term Plan Targets 125 sales have decreased 120 115 Net sales are expected to fall below 110 the plan mainly due to pri
Slide 29: Takara Shuzo Int'l Group Performance Trends vs mid-term plan
Takara Shuzo Int’l Group Performance Trends <vs mid-term plan2025> Net Sales (Billions of Yen) Actual & Forecasts 240 Mid-Term Plan Targets While organic sales growth has slowed 220 down, due to additional revenue from 200 exchange rates as well as planned and 180 unplanned M&As (such as Kagerer & 1
Slide 30: Takara Bio Group Performance Trends vs mid-term plan
Takara Bio Group Performance Trends <vs mid-term plan2025> Net Sales (Billions of Yen) Actual & Forecasts 80 Mid-Term Plan Targets 70 Sluggishness in the global life science 60 research market, among other factors, 50 led net sales in all categories (reagents, 40 equipment, contract, and gene therap
Slide 31: Progress toward major themes and issues
Medium-Term Management Plan for 2025 Progress toward major themes and issues Company Major themes Progress (‘26/3) Issues [Key brands] ・Stimulating sales of Shochu Highball ・Net sales: 6% below medium-term plan targets and Mio Takara Shuzo Expansion of key brands *14% above ‘23/3 results ・Developing
Slide 32: Investment Plan for '24/3-'26/3
Investment Plan for ’24/3-’26/3 <vs mid-term plan2025> M&A investments, etc. increased in the Takara Shuzo Int’l Group. Investments in the consolidated Takara Group exceeded medium-term management plan targets, totaling 99.7 billion yen. ◇Investment Plan Investment Plan Mid-term plan Change Factors
Slide 33: Cash allocation forecasts for '24/3-'26/3
Cash allocation forecasts for ’24/3-’26/3 <vs mid-term plan2025> ・mid-term plan 2025 ・forecasts for ’24/3-’26/3 Target for ’24/3-’26/3 CASH IN CASH OUT CASH IN CASH OUT Operating cash flows Capital 70.8 billion investment, yen M&A, etc. Operating Capital 99.7 billion cash flows investment, yen 87.4
Slide 34: ROE/ROIC performance forecasts vs mid-term plan
Takara Holdings (Consolidated) ROE/ROIC performance forecasts for the fiscal year ending March 31, 2026 <vs mid-term plan2025> Mid-term ‘26/3 plan 2025 Change Factors Forecast(%) Target(%) 9.0 or Investment in growth and high-priority fields was ROE 6.5 more accelerated, but net income fell below ta
Slide 35: Ⅳ. Business strategy: 1. Takara Shuzo
Ⅳ．Business strategy for the fiscal year ending March 31, 2026 １．Takara Shuzo
Slide 36: Analysis of the Change in Operating Income, FY ended March 2025 (Takara Shuzo)
Analysis of the Change in Operating Income for the year ended March 31, 2025 (Takara Shuzo) <Year-on-year> Gross profit decreased due to the increase in costs, including the impacts of foreign exchange rates, and the decrease in sales of shochu and sake, despite the effects of price revisions and ch
Slide 37: Analysis of the Change in Operating Income, FY ending March 2026 (Takara Shuzo)
Analysis of the Change in Operating Income for the year ended March 31, 2026 (Takara Shuzo) <Year-on-year> Gross profit is expected to increase due to the effects of price revisions, changes to sales mixes, and other factors, resulting in an increase in operating income despite the increase in adver
Slide 38: Takara Shuzo: Basic policy
Takara Shuzo: Business Strategy for the fiscal year ended March 31, 2026 Expanding washu to the global market while implementing thorough brand Basic cultivation and improving profit margins policy —Fostering an awareness of ROIC-focused management for budget achievement and capital efficiency impro
Slide 39: Initiatives of Key Brand Development: sales targets
Initiatives of Key Brand Development In the fiscal year ended March 31, 2025, sales of key brands rose by 1.5% year on year, gross profit dropped 1.2% due to cost increases such as those associated with exchange rates. For the fiscal year ending March 31, 2026, target net sales and gross profit are
Slide 40: Sales composition ratio of key brands, gross profit margin
Expansion of the sales composition ratio of key brands Improving profit margins by increasing sales of high-profit-margin key brands to 41% of total sales ● Sales composition ratio of key brands, Gross profit margin ‘25/3 ‘26/3 Actual Forecasts Sales Gross profit Sales Gross profit composition margi
Slide 41: Key Brand Development: Takara Shochu Highball and Mio
Initiatives of Key Brand Development <Takara Shochu Highball><Sho Chiku Bai Shirakabegura “MIO” Sparkling Sake> Using advertising with a focus on the key brand core products, Takara Shochu Highball and Sho Chiku Bai Shirakabegura Mio, to acquire new users ◇Takara Shochu Highball：’26/3 18,300,000 C/S
Slide 42: Key Brand Development: Karakuchi Zeroball and Hakko Joryu Sour
Initiatives of Key Brand Development <Takara Karakuchi Zeroball ><Takara HAKKO JORYU SOUR> For the growing non-alcoholic and low-alcohol markets, we will encourage greater consumers’ awareness of product concepts by updating package designs for strategic products. ◇ <Takara Karakuchi Zeroball>: ‘26/
Slide 43: Key Brand Development: Subaru and Mizuoto
Initiatives of Key Brand Development <Sho Chiku Bai Subaru><Sho Chiku Bai Mizuoto> Developing products that will create new markets based on selling points of washu such as “aroma” and “mixing with soda” ◇ Sho Chiku Bai Subaru: ‘26/3 120,000 C/S (1.8L x 6 bottles) (YOY +15%) Main visual ＜Highly rate
Slide 44: Food seasonings (dashi stock)
Food seasonings (dashi stock) For the growing ready-meal market, strengthening high-profit-margin food seasonings (dashi stock)* *BtoB food seasonings optimized for precooked and processed foods ■ Applications ・Precooked foods, rice balls, etc. for the ready-meal market ・Broth, etc. for noodles at r
Slide 45: Food seasonings: Seasonings Customer Centers
Food seasonings (dashi stock) Utilizing the Seasonings Customer Centers, that make a strength out of their possession of analytical devices and culinary equipment that can quantify their cooking effects and functions, and of their ability to visualize issues, and promoting the development of new cus
Slide 46: Initiatives for Cost Reduction and Improvement of Capital Efficiency
Initiatives for Cost Reduction and Improvement of Capital Efficiency Implementing cost reduction measures in response to cost increases and to create product development resources Promoting initiatives to enhance capital efficiency, such as reducing operating capital Main initiatives Target ・Cost re
Slide 47: Ⅳ. Business strategy: 2. Takara Shuzo Int'l Group
Ⅳ．Business strategy for the fiscal year ending March 31, 2026 ２. Takara Shuzo Int’l Group
Slide 48: Analysis of the Change in Operating Income, FY ended March 2025 (Int'l Group)
Analysis of the Change in Operating Income for the year ended March 31, 2025 (Takara Shuzo Int’l Group) <Year-on-year> Despite the increase in gross profit due to a net sales increase and the effects of M&As, operating income decreased due to increased amount of SGA expenses, including personnel exp
Slide 49: Analysis of the Change in Operating Income, FY ending March 2026 (Int'l Group)
Analysis of the Change in Operating Income for the year ended March 31, 2026 (Takara Shuzo Int’l Group) <Year-on-year> Due to an increase in gross profit resulting from an increase in net sales and other factors, operating income increased despite the increase in SGA expenses, including personnel ex
Slide 50: Takara Shuzo Int'l Group: Business Strategy basic policy
Takara Shuzo Int’l Group : Business Strategy for the fiscal year ended March 31, 2026 We will achieve revenue growth for the whole Group through Basic the rapid growth of the Washu and Japanese food wholesale business policy and the stable growth of Western-style liquor business ＜Strategic Initiativ
Slide 51: Overseas Alcoholic Beverages Business (Washu): Business Strategy
Overseas Alcoholic Beverages Business (Washu) : Business Strategy for the fiscal year ended March 31, 2026 (Millions of yen) Overseas Alcoholic Beverages Business Net sales 9,360 Target (Washu) Operating income 553 Business We will aim for the rapid growth of the Washu business, maximizing Policy sy
Slide 52: Initiatives of MIO Brand Development
Overseas Alcoholic Beverages Business(Washu) : Initiatives of “MIO”Brand Development We will diversify sales channels by newly developing mass retailers in addition to the main route of restaurants, and promote Mio as a global brand. ◇Strategic Indicators ●Four Key Areas Strategies Proportion ・ ”Mio
Slide 53: MIO Brand Development in the US
Overseas Alcoholic Beverages Business(Washu) : Initiatives of “MIO” Brand Development In the US with high sales distribution ratio, we aim to acquire trial users through 150ml bottles of Mio, and promote new introduction of Mio to American mass retailers’ chains by utilizing a new sponsorship contra
Slide 54: Product Development of Traditional SAKE
Overseas Alcoholic Beverages Business(Washu) : Initiatives of Product Development of “Traditional SAKE” Strengthening the Shirakabegura brand as a high-added-value brand and smaller- quantity items as ordinary brands. Takara Takara Shuzo Shuzo Int’l Group [High-added-value lineup] [Ordinary lineup]
Slide 55: Product Development of Innovative SAKE
Overseas Alcoholic Beverages Business(Washu) : Initiatives of Product Development of “Innovative SAKE” In collaboration with Japanese food wholesale business, we have developed a high-alcohol liqueur designed for cocktails. This product combines the global trend of canned SAKE with the refreshing fl
Slide 56: Initiatives to expand Innovative SAKE
Overseas Alcoholic Beverages Business(Washu) : Initiatives to expand “Innovative SAKE” Strengthening the development and sales of locally produced products, such as innovative sakes which responded to the market conditions and needs, leveraging our strength as a group with a base in the United State
Slide 57: Strengthening brands of Takara Sake USA
Overseas Alcoholic Beverages Business(Washu) : Strengthening brands of Takara Sake USA To reinforce the Berkeley site’s position as a sake brewery, exterior renovations are being carried out and an improved tasting room will enhance its appeal to visitors. ●Renewal of the head office building that w
Slide 58: Japanese Food Wholesale Business: Business Strategy
Japanese Food Wholesale Business: Business Strategy for the fiscal year ended March 31, 2026 (Millions of yen) Japanese Food Net sales 192,098 Wholesale Business Target Operating income 7,489 We will promote the diversification of sales channels, pioneer new Business areas, and develop and cultivate
Slide 59: Japanese Food Wholesale: Initiatives to expand washu
Japanese Food Wholesale Business : Initiatives to expand “washu” Spreading awareness of the appeal of washu, in particular Mio, in various regions with a target of increasing net sales by 10.6% YoY Japanese food wholesalers in overseas markets ‘25/3 ‘26/3 Targets (five companies total*) Net sales of
Slide 60: Japanese Food Wholesale: Initiatives to expand seafood
Japanese Food Wholesale Business : Initiatives to expand “seafood” With strengths in marine products, new markets will be opened up, with a target of increasing net sales by 9.1% YoY. We will create synergies by utilizing strengths in marine product procurement belonging to companies newly added to
Slide 61: Sales expansion strategies in North America and Europe
Japanese food wholesale business : Sales expansion strategies in North America and Europe Expanding sales by promoting the opening up of new markets in North America and Europe and creating synergies with new Group companies Area Major strategies ・Expand sales networks for fresh fish and wagyu beef
Slide 62: Overseas Alcoholic Beverages Business (Western-style liquor): Business Strategy
Overseas Alcoholic Beverages Business (Western-style liquor) : Business Strategy for the fiscal year ended March 31, 2026 (Millions of yen) Overseas Alcoholic Beverages Business Net sales 15,858 Target (Western-style liquor) Operating income 7,107 Business We aim to boost the value of our brands, su
Slide 63: Impacts of Reciprocal Tariff Policies and Strategic Response Measures
Impacts of Reciprocal Tariff Policies under the Trump Administration and Strategic Response Measures ・ Cost increases resulting from reciprocal tariffs are forecast to reach around 3.8 billion yen at Mutual Trading Co., Inc. (USA), and we plan to make price revisions in a timely and appropriate mann
Slide 64: Ⅴ. Sustainability
Ⅴ．Sustainability
Slide 65: ESG scores
ESG scores Promoting initiatives based on those of the FTSE, the ESG score in 2024 was 3.5, which exceeded the beverage sector average of 3.35. As of March 2025, MSCI grade had been retained as A. Takara ● Changes in FTSE score Holdings ●MSCI Retained an A grade in 2025 Beverage Sector THE USE BY [T
Slide 66: Resolve social issues through products and services
Resolve social issues through the business of providing products and services We will further enhance the Takara Group’s corporate value by achieving the sustainability vision formulated for each material issue, and working to resolve various social issues through business activities. Materiarity In
Slide 67: Initiatives for biodiversity conservation
Initiatives for biodiversity conservation Materiarity Initiatives 40th anniversary of the establishment ・The Takara Harmonist Fund, a public trust, was established in 1985 and provides subsidies for research and other activities to protect forest, grassland, and waterside natural environments. ＜No.
Slide 68: Smiles in Life
Smiles in Life ～Smiles are Life’s Treasures ～ We will progressively achieve our vision of “Smiles in Life ~ Smiles are Life’s Treasures ~” by contributing to a well-balanced diet for people around the world through Washu and Japanese food, and by supporting healthy lifestyles through our biomedical
Slide 69: Appendix
Appendix Takara Holdings (Consolidated) Profit and loss Takara Shuzo ’25/3 statement Actual Takara Shuzo Int’l Group Net sales and Takara Shuzo Int’l Group Major Subsidiaries operating income Profit and loss statement Takara Holdings (Consolidated) Statements of Cash Flows Takara Shuzo Profit and lo
Slide 70: Takara Holdings (Consolidated) Financial results: Profit and loss statement
Takara Holdings (Consolidated) Financial results for the fiscal year ended March 31, 2025 ◇Consolidated Profit and loss statement (Millions of yen) Change from forecasts Effect of change '25/3 YOY announced in exchange rates on February, 2025 on net sales Actual Change Change(%) Change Change(%) Cha
Slide 71: Takara Shuzo Financial results: Profit and loss statement
Takara Shuzo Financial results for the fiscal year ended March 31, 2025 ◇Profit and loss statement (Net sales ~ Operating income) (Millions of yen) Change from forecasts '25/3 YOY announced on February, 2025 Actual Change Change(%) Change Change(%) Shochu 31,801 (2,522) (7.3) 452 +1.4 Sake 10,505 (1
Slide 72: Takara Shuzo Int'l Group Financial results
Takara Shuzo Int’l Group Financial results for the fiscal year ended March 31, 2025 ◇Profit and loss statement (Net sales ~ Operating income) (Millions of yen) Change from forecasts Effect of change '25/3 YOY announced in exchange rates Actual on February, 2025 on net sales Change Change(%) Change C
Slide 73: Takara Shuzo Int'l Group Major Subsidiaries Financial Performance
Takara Shuzo Int’l Group Major Subsidiaries Financial Performance for the fiscal year ended March 31, 2025 24/3 '25/3 Actual Actual Operating Operating Net Sales Net Sales income(loss) income(loss) Takara Sake USA Inc. Thousands of US dollar 44,771 5,048 45,357 5,538 Millions of Yen 6,297 710 6,880
Slide 74: Takara Holdings (Consolidated) Financial Forecasts
Takara Holdings (Consolidated) Financial Forecasts for the fiscal year ending March 31, 2026 ◇Consolidated Profit and loss statement (Millions of yen) Effect of change '26/3 Change from '25/3 in exchange rates on net sales Forecasts Change Change (%) Change Takara Shuzo 120,681 1,017 +0.9 － Takara S
Slide 75: Statements of Cash Flows forecasts by segment
Takara Holdings (Consolidated) Statements of Cash Flows for the fiscal year ending March 31, 2026 ◇Statements of Cash Flows (Billions of Yen) Takara Takara Group Takara Shuzo Takara Consolidated Shuzo Int’l Bio Group Group Ⅰ. cash flows from operating activities 25.5 6.0 12.5 8.4 Ⅱ. cash flows from
Slide 76: Takara Shuzo Financial Forecasts
Takara Shuzo Financial Forecasts for the fiscal year ending March 31, 2026 ◇Profit and loss statement (Net sales ~ Operating income) (Millions of yen) '26/3 Change from '25/3 Forecasts Change Change (%) Shochu 30,183 (1,618) (5.1) Sake 10,655 149 +1.4 Light-alcohol refreshers 44,779 2,749 +6.5 Other
Slide 77: Takara Shuzo Int'l Group Financial Forecasts
Takara Shuzo Int’l Group Financial Forecasts for the fiscal year ending March 31, 2026 ◇Profit and loss statement (Net sales ~ Operating income) (Millions of yen) Effect of change '26/3 Change from '25/3 in exchange rates on net sales Forecasts Change Change (%) Change Overseas Alcoholic beverages b
Slide 78: Takara Holdings Financial Forecasts for Second Quarter ending September 30, 2026
Takara Holdings (Consolidated) Financial Forecasts for the Second Quarter ending September 30, 2026 ◇Profit and loss statement (Millions of yen) '26/3 1H Change from '25/3 1H Forecasts Change Change (%) Takara Shuzo 59,493 (2,487) (4.0) Takara Shuzo International Group 104,060 15,080 +16.9 Takara Bi
Slide 79: Takara Shuzo Financial Forecasts for Second Quarter
Takara Shuzo Financial Forecasts for the Second Quarter ending September 30, 2026 ◇Profit and loss statement (Net sales ~ Operating income) (Millions of yen) '26/3 1H Change from '25/3 1H Forecasts Change Change (%) Shochu 15,435 (1,491) (8.8) Sake 4,078 (136) (3.2) Light-alcohol refreshers 22,503 (
Slide 80: Takara Shuzo Int'l Group Financial Forecasts for Second Quarter
Takara Shuzo Int’l Group Financial Forecasts for the Second Quarter ending September 30, 2026 ◇Profit and loss statement (Net sales ~ Operating income) (Millions of yen) '26/3 1H Change from '25/3 1H Forecasts Change Change (%) Overseas Alcoholic beverages business 12,005 792 +7.1 Japanese food whol
Slide 81: Takara Shuzo Int'l Group Major Subsidiaries Financial Forecasts
Takara Shuzo Int’l Group Major Subsidiaries Financial Forecasts for the fiscal year ending March 31, 2026 '25/3 '26/3 Actual Forecasts Operating Operating Net Sales Net Sales income(loss) income(loss) Takara Sake USA Inc. Thousands of US dollar 45,357 5,538 48,225 5,742 Millions of Yen 6,880 840 7,1
Slide 82: Forward-Looking Statements
Forward-Looking Statements Statements in this presentation, other than those based on historical fact, concerning the current plans, prospects, strategies and expectations of the Company and its Group represent forecasts of future results. While such statements are based on the conclusions of manage