Nissin Foods Holdings Co., Ltd. · TSE:2897
Nissin Foods — Q1 FY2020 Earnings Presentation
12 slides from Nissin Foods's earnings presentation, August 2019
Slide 1: CFO introduction to Q1 FY2020 results
• My name is Yukio Yokoyama, and I am the CFO of Nissin Foods Holdings. • I would like to report on the consolidated results for the first three months of the fiscal year, which we disclosed at 1:15 p.m. today via the Timely Disclosure Network of Tokyo Stock Exchange and our official website. • Plea
Slide 2: Executive summary
• Please look at Slide 1, which shows the executive summary. • This fiscal year, we are striving to achieve a V-shaped recovery by increasing profitability through a rapid response to changes in the market environment and the steady implementation of necessary measures. • In the domestic instant noo
Slide 3: Summary of results for the first three months
• Please look at Slide 2, which shows a summary of the results for the first three months. • Revenue increased 2.5 billion yen year on year, to 105.9 billion yen. • Operating profit stood at 8.6 billion yen, declining 4.2 billion yen year on year, reflecting the effect of a gain on sale of real esta
Slide 4: Revenue results by segment
• Please look at Slide 3, which shows the revenue results by segment. • Revenue from domestic businesses stood at 76.9 billion yen, remaining roughly flat year on year. Revenue from overseas businesses increased 2.5 billion yen, to 29.0 billion yen. • Excluding the effect of exchange rates, revenue
Slide 5: Revenue factors by segment: domestic businesses
• Please look at Slide 4, where major factors for the changes in sales in each segment are stated in detail. • Comments on sales of major brands and categories for NISSIN FOOD PRODUCTS and MYOJO FOODS are made based on the value of shipments from the manufacturers. • Sales of NISSIN FOOD PRODUCTS in
Slide 6: Revenue factors by segment: overseas businesses
• Sales in China including Hong Kong increased 0.4 billion yen, to 9.6 billion yen. Excluding the impact of the foreign exchange rate, which was 0.3 billion yen, revenue actually grew by 0.7 billion yen. Revenue in Hong Kong declined 1%, but revenue excluding MCMS in the wholesale business rose, dri
Slide 7: Operating profit by segment
• Next, I will explain the factors for the increase or decrease of operating profit by segment. Please look at Slide 6. • The operating profit of NISSIN FOOD PRODUCTS decreased 1.2 billion yen, to 4.7 billion yen. An increase in profit due to a rise in sales reflecting price revisions in June was mo
Slide 8: Operating profit by segment: overseas
• Profit in Brazil rose year on year because of an increase in profit due to a rise in sales and a refund of taxes for previous years. • Operating profit in China, including Hong Kong, increased 0.4 billion yen, to 0.8 billion yen. The effect of exchange rates was minor and insignificant. Many of th
Slide 9: Analysis of operating profit by expense
• Next, I will explain the analysis of operating profit by expense. Please look at Slide 8. • Let me describe our analysis for the domestic businesses first. • Profit rose 0.5 billion yen due to an increase in sales. A change in the cost of goods sold ratio led to a 0.6 billion fall in profit. Raw m
Slide 10: Appendix
APPENDIX
Slide 11: FY2020 Three Months Analysis of Operating Profit: Overall Group
FY2020 Three Months Analysis of Operating Profit: Overall Group 10 YoY change (bil. yen) A: Revenue (Effect of deducting selling expense: -0.7 bil, yen) B: CoGS ratio C: Distribution cost ratio youd yeurBuew JO aseasoap/aseaiou| n [ D: Depreciation and amortization 15 E: Advertising expenses F: Gene
Slide 12: Disclaimer and notes
Information in this material is not intended to solicit sales or purchase of NISSIN FOODS HOLDINGS stock shares. The comments and estimates in this document are based on the company’s judgment at the time of publication and their accuracy is not guaranteed. They are subject to change without notice
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