Lifedrink Company Inc. · TSE:2585
Lifedrink — Q3 2024 Earnings Presentation
23 slides from Lifedrink's earnings presentation, Feb 13, 2024
Slide 1: Financial Results for Q3 2024
Financial Results for Q3 2024 February 13,2024
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: Q3 YTD FY2024
Our Key Figures：Q3 YTD FY2024 Production quantity*1 Revenue Operating Profit 49 29.3 4.0 Million cases*2 Billion yen Billion yen （YoY + 15%） （YoY +32%） （YoY +62%） *1： Incl, Nitto Beverage, but not incl, Ikoma meisui 3 *2： 1 box = 12L is calculated
Slide 4: Executive Summary: Q3 YTD FY2024
Executive Summary ： Q3 YTD FY2024 ⚫ Increased production quantity (+15% YoY) due to investments to increase production capacity at existing factories and additional production quantity of Nitto Beverage. Increase ⚫ Revenue increased (+32% YoY) due to securing sales channels in response to Production
Slide 5: Financial Result: Q3 YTD FY2024
Financial Result ： Q3 YTD FY2024 Increased production quantity*1 (+15% YoY) contributed to an increase in sales of 7.0 BN (+32%). Operating profit increased (+62%) as higher sales and cost reduction measures covered various cost increases. FY2023 FY2024 Variance Unit：MM(JPY) YoY% （Q3 YTD） （Q3 YTD） （
Slide 6: Operating Profit Bridge: Q3 YTD FY2024
Operating Profit Bridge： Q3 YTD FY2024 Increased costs(raw material and utility) were covered by increased higher revenue and productivity improvements/cost reductions, and operating profit was 1.5 BN compared to the previous year gain. Unit：MM JPY Increase in Increase in Increase in raw logistics C
Slide 7: Performance Progress: Q3 YTD FY2024
Performance Progress： Q3 YTD FY2024 The rate of progress against the FY2024 forecast is 79% for revenue and 88% for operating profit. FY2024 Plan Revenue Act 29.3BN Progress ７９% 37.0BN Operating Act 4.0BN Progress 88% 4.6BN Profit Profit Act 2.7BN Progress 92% 2.9BN 7
Slide 8: (Reference) Quarterly performance trends ①
（Reference）Quarterly performance trends ① ■ 2022年3月期 ■ 2022年3月期 ■ 2023年3月期 ■ 2023年3月期 ■ 2024年3月期 ■ 2024年3月期 Unit：Million cases*1 Unit：BN JPY Production quantity Revenue ＋1.7MN （+12%） ＋1.8BN （+27%） 16.3 16.6 16.7 104 14.8 14.6 99 13.6 14.1 12.9 89 12.3 12.8 12.2 80 79 72 70 65 68 60 58 0 Q1 Q2 Q3 Q4
Slide 9: (Reference) Quarterly performance trends ②
（Reference）Quarterly performance trends ② ■ 2022年3月期 ■ 2022年3月期 ■ 2023年3月期 ■ 2023年3月期 ■ 2024年3月期 ■ 2024年3月期 Unit：BN JPY Unit：BN JPY Operating Profit/% EBITDA/% 16.0 16.0% 14.3% 20.0 17.0% 18.0% ＋0.3BN 16.9% ＋0.3BN 14.1% （+39%） （+29%） 14.0 14.0% 18.0 15.2% 15.4% 15.7% 16.0% 12.5% 11.7% 16.0 13.9% 13.
Slide 10: Balance Sheet: Q3 FY2024
Balance Sheet： Q3 FY2024 Relating to Gotemba factory, Fix Assets increased due to capital investments. Even though Net debt increased for this investments, Net debt EBITDA ratio improved by 0.2xpt owing to increasing in profitability. FY2023(YE) FY2024(Q3) Unit：MM(JPY) Amount % Amount % Variance Cur
Slide 11: Major capital investment progress: Q3 YTD FY2024
Major capital investment progress： Q3 YTD FY2024 Major capital investment in FY2024 are related to the Gotemba factory, mainly the expense for the real estate and advance payment of the construction of a new factory and warehouse.Also we decided to invest in increased production for Nitto Beverage.
Slide 12: 3Q FY2024 Topics: EC business initiatives
3Q FY2024 Topics: EC business initiatives The LD Online Store has expanded product lineup for subscription service. Our main EC brand “ZAO SODA” has won the 1st prize in the Drink genre at Rakuten Annual Ranking for three consecutive years. Expansion of subscription service products Award New ZAO SO
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. Issuer LIFEDRINK COMPANY, INC. (“LDC”) President and CEO Kuniaki Okano Founded 1950 (Established：1972) Head office Osaka-shi, Osak
Slide 15: Corporate Philosophy
Corporate Philosophy Based on our corporate philosophy, “Center of Deliciousness, Foremost Reassurance”, we conduct according to action guidelines, “Only what you want your loved ones to drink”. Center of Deliciousness, Foremost Reassurance To “always” be close to our customers from babies to the el
Slide 16: 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 17: 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 18: 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 for EC 500ml Green tea Oolong
Slide 19: 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 20: 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 21: 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 22: Sustainability Policy
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 23: LIFEDRINK COMPANY
LIFEDRINK COMPANY LIFEBRINK COMPANY