Itoham Yonekyu Holdings, Inc. · TSE:2296
Itoham Yonekyu — FY2021 Earnings Presentation
26 slides from Itoham Yonekyu's earnings presentation, May 9, 2022
Slide 1: Consolidated Financial Results Year Ended March 31, 2022
Consolidated Financial Results Year Ended March 31, 2022 May 09, 2022 Itoham Yonekyu Holdings Inc. ITOHAM YONEKYU HOLDINGS INC. 2022
Slide 2: Table of Contents
Table of Contents ■Consolidated Financial Results Year Ended March 31, 2022 ■Appendix (Market Data) Overseas Market Prices Profit/Loss CPI Itemized Sales Ham Sausage Data Selling, General and Administrative Expenses・ Domestic Production/Imports Meat Data Non-Operating G/L・Extraordinary G/L Marketed
Slide 3: Consolidated Financial Results Year Ended March 31, 2022
Consolidated Financial Results Year Ended March 31, 2022 • From the beginning of the current fiscal year, “Accounting Standards for Revenue Recognition” (Corporate Accounting Standard No. 29), etc. have been applied. • Since less than 100 million yen is rounded down, the sum and difference of the in
Slide 4: Profit/Loss
Profit/Loss ※Round down less than 100 million yen Year Actual 100Million Yen, % Sales *Reference applying revenue recognition *Previous year (Processed Food Division) (Our estimated value) published figures ・Increased sales of mainly consumer processed foods 2021/03 2022/03 2021/03 ・Increased sales
Slide 5: Itemized Sales
Itemized Sales ※Round down less than 100 million yen Itemized Sales Year on Year Changes 100Million Yen % 2022/03 *Reference applying revenue recognition *Previous year Year (Our estimated value) published figures Volume Amount 2021/03 2022/03 2021/03 Ham/Sausage -0.3 0.7 Processed Food 1.2 2.9 Year
Slide 6: S,G & A Expenses / Non-operational G/L / Extraordinary G/L
S,G & A Expenses / Non-operational G/L / Extraordinary G/L ※Round down less than 100 million yen S,G & A Expenses 100Million Yen, % Non-operational Gain/Loss 100Million Yen *Reference applying revenue recognition *Previous year (Our estimated value) published figures 2021/03 2022/03 2021/03 2022/03
Slide 7: Balance Sheet
Balance Sheet ※Round down less than 100 million yen 100Million Yen 2021/03 2022/03 2021/03 2022/03 Change Change Year end Year end Year end Year end Current Assets 2,263 2,434 170 Total Liabilities 1,464 1,503 39 Cash and Term Deposits 509 479 -29 Current Liabilities 1,230 1,265 34 Receivables 865 8
Slide 8: Cash Flow Statement
Cash Flow Statement ※Round down less than 100 million yen 100Million Yen CF operation 2021/03 2022/03 CF invetments FCF Year Year Change 500 408 ①Cash Flow from Operation 408 184 -223 300 300 Amount (100M illion Yen) Income Before Taxes 291 282 -8 184 横位置：0.64 cm 横位置：13.95 cm Depreciation 115 114 0
Slide 9: Shareholders Return Policy
Shareholders Return Policy ※Round down less than 100 million yen 2023/03 2018/03 2019/03 2020/03 2021/03 2022/03 （Forecast） Net Income 157 105 114 202 191 150 Dividend Per Share 17 yen 17 yen 17 yen 21 yen 23 yen 24 yen Dividend amount 50 50 50 61 67 70 Dividend Payout Ratio 31.9% 47.5% 43.9% 30.6%
Slide 10: Segment Information Year Ending March 31, 2022
Segment Information Year Ending March 31, 2022 -9- ITOHAM YONEKYU HOLDINGS INC. 2022
Slide 11: Processed Food Division Results
Processed Food Division Results Operating Income Factors Processed Food Division Results Year Ending March 31, 2022 ※Round down less than 100 million yen [Sales Volume] －100 million yen Market Factor 100Million Yen ・Sales of processed foods that meet the 2021/03 2022/03 demand for stocks increased,
Slide 12: Meat Division Results
Meat Division Results Operating Income Factors Processed Food Division Results Year Ending March 31, 2022 ※Round down less than 100 million yen 100Million Yen Market Factor [Sales Volume] +200 million yen 2021/03 2022/03 ・Sales of imported chicken increased Domestic Beef Market 2,212 (+ 175 ) yen/kg
Slide 13: Consolidated Performance Forecast (From April 1, 2022 to March 31, 2023)
Consolidated Performance Forecast (From April 1,2022 to March 31,2023) Since less than 100 million yen is rounded down, the sum and difference of the indicated values may not match the total. -12- ITOHAM YONEKYU HOLDINGS INC. 2022
Slide 14: Forecast Year Ending March 31, 2023 Processed Food Division
Forecast Year Ending March 31, 2023 Processed Food Division Round down less than 100 million yen Processed Food Division Forecast Forecast Year Ending March 31, 2023 100Million Yen, % First half Second half Year Market Factor 2022/03 2023/03 2022/03 2023/03 2022/03 2023/03 Actual Forecast Change Act
Slide 15: Forecast Year Ending March 31, 2023 Meat Division
Forecast Year Ending March 31, 2023 Meat Division ※Round down less than 100 million yen Meat Division Forecast Forecast Year Ending March 31, 2023 100Million Yen, % First half Second half Year Market Factor 2022/03 2023/03 2022/03 2023/03 2022/03 2023/03 Actual Forecast Change Actual Forecast Change
Slide 16: Forecast Year Ending March 31, 2023 Segment Forecasts
Forecast Year Ending March 31, 2023 Profit/Loss ※Round down less than 100 million yen Segment Forecasts 100Million Yen, % 400 Processed Food Meat 12,000 2022/03 2023/03 Forecast 横位置：12.04 cm 350 Consolidated 縦位置：2.04Consolidated cm Sales Year Year Change 10,000 OP incom (100M illion Yen) 300 倍率：100%
Slide 17: Forecast Year Ending March 31, 2023 Profit/Loss
Forecast Year Ending March 31, 2023 Profit/Loss Forecast ※Round down less than 100 million yen 100Million Yen, % 2022/03 2023/03 Forecast First half Second half Year First half Second half Year Actual Change% Change Forecast Change% Change Forecast Change% Change Sales 4,177 4,366 8,543 4,220 1.0 42
Slide 18: Forecast Year Ending March 31, 2023 Itemized Sales
Forecast Year Ending March 31, 2023 Itemized Sales ※Round down less than 100 million yen Itemized Sales 100Million Yen, % 2022/03 2023/03 Forecast First half Second half Year First half Second half Year Forecast 横位置：0.38 Change% cm Change Forecast Change% Change Forecast Change% Change Sales 4,177 4
Slide 19: Appendix (Market Data)
Appendix (Market Data) -18- ITOHAM YONEKYU HOLDINGS INC. 2022
Slide 20: Overseas Markets
Overseas Markets Pork Carcass - Denmark Picnic - USA 横位置：0.23 cm 横位置：12.65 cm 縦位置：1.64 cm 縦位置：1.64 cm 倍率：100% 倍率：100% Pork Bellies - USA Loin - USA 横位置：0.23 cm 縦位置：9.76 cm 横位置：12.65 cm 倍率：100% 縦位置：9.76 cm 倍率：100% -19- ITOHAM YONEKYU HOLDINGS INC. 2022
Slide 21: CPI
CPI Beef ※A:Domestic Loin B:Imported beef Chicken 20.0 18.0 Food vs. same period last year（％） 16.0 Beef A 14.0 Beef B 12.0 10.0 8.0 6.0 4.0 2.0 0.0 横：0.34 横：12.97 △2.0 △4.0 縦：2.20 縦：2.20 △6.0 △8.0 △10.0 △12.0 △14.0 △16.0 △18.0 △20.0 Pork ※A:Loin B:Collar Processed Meat 横：0.34 横：12.97 縦：10.38 縦：10.38
Slide 22: Ham & Sausage Supply
Ham & Sausage Supply Domestic Production Imports 横位置：2.33 cm 横位置：13.28 cm 縦位置：2.30 cm 縦位置：2.30 cm 倍率：100% 倍率：100% Apr. May Jun. Jul. Aug. S ep. Oct. Nov. Dec. Jan. Feb. Mar. Year Domestic FY2020 Volume 50,025 45,342 47,604 47,990 44,362 43,251 46,711 46,991 50,629 38,666 39,544 46,076 547,171 (chang
Slide 23: Marketed Volume/Ending Inventory (Beef)
Marketed Volume/Ending Inventory (Beef) Estimated Marketed Volume Estimated Marketed Volume Estimated Ending Stock (Imported) (Domestic) (Imported) 横位置：0.71 cm 横位置：8.79 cm 横位置：16.86 cm 縦位置：2.43 cm 縦位置：2.43 cm 縦位置：2.43 cm 倍率：100% 倍率：100% 倍率：100% Apr. May Jun. Jul. Aug. S ep. Oct. Nov. Dec. Jan. Feb.
Slide 24: Marketed Volume/Ending Inventory (Pork)
Marketed Volume/Ending Inventory (Pork) Estimated Marketed Volume Estimated Marketed Volume Estimated Ending Stock (Imported) (Domestic) (Imported) 横位置：0.71 cm 横位置：8.79 cm 横位置：16.86 cm 縦位置：2.43 cm 縦位置：2.43 cm 縦位置：2.43 cm 倍率：100% 倍率：100% 倍率：100% Apr. May Jun. Jul. Aug. S ep. Oct. Nov. Dec. Jan. Feb.
Slide 25: Marketed Volume/Ending Inventory (Chicken)
Marketed Volume/Ending Inventory (Chicken) Estimated Marketed Volume Estimated Marketed Volume Estimated Ending Stock (Imported) (Domestic) (Imported) 横位置：0.71 cm 横位置：8.79 cm 横位置：16.86 cm 縦位置：2.43 cm 縦位置：2.43 cm 縦位置：2.43 cm 倍率：100% 倍率：100% 倍率：100% Apr. May Jun. Jul. Aug. S ep. Oct. Nov. Dec. Jan. Fe
Slide 26: Cautionary note on forward-looking statements
The current plans, forecasts, strategies and other items contained in this presentation include our forecasts for business results. These forecasts are not historical facts; they are our judgment based on currently available information. We do not guarantee these forecast business results, and they
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