Nissin Foods Holdings Co., Ltd. · TSE:2897
Nissin Foods — Q1 FY3/2023 Earnings Presentation
15 slides from Nissin Foods's earnings presentation, August 2022
Slide 1: CFO introduction to Q1 FY3/2023 results
• My name is Takashi Yano, and I am the CFO of NISSIN FOODS HOLDINGS. My presentation will follow the content related to Financial Results for FY 3/2023 1Q in the presentation materials. 0
Slide 2: Q1 highlights and full-year progress
• Please refer to page 1. • We recorded higher revenue for our Domestic Instant Noodles Business, Domestic Non-Instant Noodles Business, and Overseas Business. • The Overseas Business in particular drove the overall rise in performance, posting a double-digit year- on-year increase of 12.7% on a con
Slide 3: Profit attributable to owners and tax rate
• This slide provides a little more detail regarding the highlights on the previous page. As you see, profit attributable to owners of the parent was lower year on year. This result was mainly due to technical factors caused by the year-on-year change in the composition of taxable income. Throughout
Slide 4: Financial results by segment
• Next is a summary of financial results by segment. • From left to right, the Domestic Instant Noodles Business posted a 1.9% increase in revenue and a 7.2% increase in profit year on year. This result was mainly due to firm sales, mainly from NISSIN FOOD PRODUCTS and the impact of improved product
Slide 5: Revenue breakdown by segment
• This is a breakdown of revenue by segment. • All segments reported an increase in revenue. In particular, our Overseas Business, in which we introduced price revisions earlier than in our domestic businesses, reported a double-digit increase in revenue across all regions, as well as a significant
Slide 6: Segment contribution to revenue
• This page shows the details of each segment's contribution to revenue. • The Overseas Business, in the middle row on the left, has grown significantly, contributing nearly 90% of the overall revenue increase of 16.8 billion yen. In particular, we expect The Americas to continue to be a driver of r
Slide 7: Core operating profit by segment
• These are the results of core operating profit by segment. On a consolidated basis, total existing business profit rose 0.4 billion yen, or 1.3% year on year, to 13.4 billion yen. In addition to the impact of foreign exchange rates, revenue growth was sufficient to offset extensive cost hike press
Slide 8: Contribution analysis of core operating profit of existing businesses
• This is an analysis of the contribution of core operating profit of existing businesses. Despite downward pressure from general cost increases, we are maintaining the previous-year levels due to increased revenue stemming from price revisions and a focus on high value-added products. • Please turn
Slide 9: Change factors and share buyback status
• This is an overall view of the change factors related to core operating profit of existing businesses for this period. • The major factors behind these changes are the changes in domestic and overseas revenue and cost of goods sold ratio, as I have explained. • Last, I want to briefly touch upon t
Slide 10: Appendix
Appendix
Slide 11: Full-Year Consolidated Earnings Forecasts for FY 3/2023
Disclosed on May 13, 2022 Reprinted materials from "Financial Results for FY 3/2022" ANISSIN I Full-Year Consolidated Earnings Forecasts for FY 3/2023 (exciuding Russia/ukraine impact) Aiming for 52.0 billion yen in core operating profit of existing businesses. We expect IFRS operating profit to be
Slide 12: FY 3/2023 Forecasts by Segment
I FY 3/2023 Forecasts by Segment Aim for increase revenues and operating profits in all business segments from FY 3/2022 results Bil. yen FY 3/2023 Forecasts NISSIN FOOD PRODUCTS: 218.0 MYOJO FOODS 390 Domestic instant Noodles Business 257.0 Chilled / frozen foods and beverages 83.0 Confectionery 15
Slide 13: FY 3/2023 Price Revisions (Domestic)
I FY 3/2023 Price Revisions (Domestic) SS Company Name Main Products Price Revision Date Price Revision Rate NISSIN FOOD PRODUCTS. Bag-type instant noodles, cup-type instant noodles, cup-type instant rice, cup-type instant soup Beginning with June 1, 2022 shipments 5%-12% increase in suggested retai
Slide 14: FY 3/2023 Price Revisions (Overseas)
I FY 3/2023 Price Revisions (Overseas) The Americas Main Products Price Revision Date U.S. Bag-type instant noodles, cup-type instant noodles August 2022 Brazil Bag-type instant noodles, cup-type instant noodles May 2022 China (Incl. H.K.) Main Products Price Revision Date Hong Kong DEMAE ICCHO, CUP
Slide 15: Cautionary notes on forward-looking statements
Company plans, business forecasts, strategies, and other information contained in this document are based on management judgments derived from information available at the time of this publication. Be aware that these are only future projections, and actual results may differ due to various risks an
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