Feed One Co., Ltd. · TSE:2060
Feed One — Q2 FY2020 Earnings Presentation
30 slides from Feed One's earnings presentation, Dec 23, 2019
Slide 1: FEED ONE 2020年3月期 第2四半期 決算説明会資料
& FEED ONE 20204 3 Ais 2 ERA RE aHAS 2019411278 74—-KB- DRS BRE 186 ar3¥I—K : 2060
Slide 2: Agenda
a ARIA ELIVITFAT - BRU @ 202043A Fi 20 + RE @ 2020473 Ai PAR mw LHROMAAR: KeEYIA
Slide 3: Results highlights
LIVIFATD - oI BOSE IRA LEMUR at ‘ " ate : 1,0666n mite = =+1.7%. 20204F3AFA . A DAERAH amnas : 2205 (mFmme 2.4%) ABR : KEM ABS. MESS REMAO BABY [CLO RR BRB : MIBK SAB MIC KOSS RURAL 2H OMINIB Ae PA ~ SPO ~ 20204-3A34 atm : 2,3530m (ame +10.5%) | emits : 5305 (aim +18.7%) BEERRAD h—-ILIY YT 1DIOMRER
Slide 4: 2020年3月期 第2四半期 決算概要
2020437 Riss 20-+Hi RB
Slide 5: Compound feed market trends
BEMNORanihits casas | SEMAOMAMBO ET UAB > RaaRMMCS I SRM (SB Re > BHANDARI SMA CSESCLUM HHS > BERN ORTH SRAM BOLD (CEC, OHHBICMERTS > RAMMMEREMS( LSBSORMSRMMBRICHL TC, DHBICITONS 23,590 21,721 mee bocl. +1,471F SAM (FA/*) 41,034—) +1677 O@ Steams ARTs (FA/'>) HitF ML A 2.5% 45 67 8 9 1011 22 4 2314
Slide 6: Livestock market trends
KEMNO Ran ihits ¢ RASH | KEMAISMRREORA Ct OMAMBAS SMA (FS/*) ARPES Arckihte (FI/*>) bk Pe (Fi/* ) > RAR MCSISRMAAR SSH > RAH O4E Rt SOS > ERADICATE <. MAHARBOAS SAMS CLC CHBWERTS 4567 891011121 2 3'45 6 — T 18.3 +2,18479 789101112123456789 19.3 20.3 SS 152,621 | 147,494 164,000 | 153,729 149,213 | -
Slide 7: Raw material price trends
BEMOBBuR |) BARS - POONA SEC ARIRNIEDS, BE TIS < 1B PORT MHIS (ats EM) (F/Ka - BAA) SASBEN TEMS (SR: FRM) (riko - Bete) 700 300 pO =~ 2008-20177 HY —e- 20187 a 2019 250 200 150 + 4 5 6 7 8 9 10 11 12 1 2 3 | 577, | 460 | 568 501 [sis | = (LOPR : ReMok AE aT RSET) (HAR: IAPR RTA) %
Slide 8: 2020年3月期 第2四半期 業績概要
202043FA iS 20 +HARERE (BAF. %) 2019.38 20 20.388 20 Eh: Le 104,890 100.0 106621 1000 +1.7 5b Ri 93,471 87.7 95,149 89.2 +18 ARSE 9,286 8.7 9,398 88 +12 maeRAS 2,132 2.0 2,073 19-28 enone 2,353 20 2,297 22 -24 view 1,547 1.5 1,557 15 +06 wee 1,840 = 1,430 ~ -&223 ‘ATM DES 1,183 1,200 - +14 0 be 2 ER
Slide 9: Compound feed segment results
2020 3A MS2G+MVIXY KOVR (BAF. %) 2019.3HA 2Q 2020. 3A LS 78,655 80,711 2,055 + 2.6 ppscaeeienn ds 3 bE C2 haan T ovals (c J Oka to XY FRE 2,988 2,824 A164 5,5 she 24,896 24,535 2360 21.4 fi FORUSSEIRC KO Ch eT EEE — WINS S ORIOL ANN xy bFzE 138 207 68 +. 49.5 [ck Oat BLS 1,338 1,374 35 +26 7) ee dL
Slide 10: Operating income change analysis
lis RA a 2,055M |: 1,731 aswn ARR BEES Sas BERS Nhe BERS RBBSSN SERRSSar HOD Sap St HED * (RBI? —ha 1968. WEMI7—ha1238HF, WRAIII7—ha1208HA9 (3 #Le6ICAT FHAICA HA A) 10
Slide 11: Operating income breakdown
Berle REA (BAR) +68M +36 A59 — Wwe) a866 467 Ps a c Rr Rr aA 668 § § § 2g G2 go} 8 Bt tt nH Nn BH HA A fie i 1 i —-—— fh g a 8 H Ai = Ds Al gE 2.3 ' * #f 8 & #8 ig # H % @ mM wm 8 il H a OM H » * on * * H 1 2 3 1 PNREAIORMY +222M, MAAR 2129M, SSE asOM, AfFPEeD «258M 2 WARAMOINM 431M 3 @RHIP—A+17M, W
Slide 12: 2020年3月期 業績予想
20204F3 AFA Sin PAa
Slide 13: FY2020 forecast
20203AHi RiP ~HMPEDSEBRL~ (BAF. %) 2019.33A 2020.388 RLS 212,886 100.0 235,300 100.0 + 10.5 Fah 189,757 89.1 210,900 89.6 $11.1 Peet 19,005 8.9 19,300 8.2 +1.6 Beales 4,123 1.9 5,100 2:2: + 23.7 eA ey 4,466 2.1 5,300 2.3 + 18.7 PATE CTS wyniagies 4,657 Diz. 3,600 LS A 22.7 Beate 3,811 _ 13,434 - + 2
Slide 14: FY2020 compound feed forecast
202043AH VIOXDV KFA ~HOFRYSRBRL~ (BAF. %) a LE _ BUKIT BIA ne ee —< | Ly REI BEAN SS MN, 9° Ay RUE 5.725) 6,700 +17.1 Saeretnererry om DWP 1-H ARIS scene consis 49,248 54/900 +5 copmonmamm to? do ba 442 600 + 35.7 IaH, MALI SOF, ALB 2,612 2,800 + 7.2 BeBe eed I XY RUBE 317 300 Aa5.4 201 SHA Le 33955
Slide 15: FY2020 profit forecast
2020473 Ai FHORMP BOS AT SRT Ballz (Br) (BF) a FHA ee me tH ion 1.5% ed j 0 3,027 @ 52.0% 0 3.8% © 28% 173 183 193 203 17.3 183 19.3 203 © BARTER : > CRA CRICERIBAICS.S%IBN1, FRAP RLEtEKSS RiBL © Serle : > S30+H SEMAOMMAKES. RU. TH RAMANMEREN SOR SA (CLEARS A MIM (CLD ET EER SS BL 15
Slide 16: Initiatives and measures
ACS fa SMS Eo RISC DUT | RAMA MEREBBORR @ 2016~2018, 20127 ROSA MMAR Hes (CREO AM RDS LBA 217 ETE, IRE, BARA X—D— DBR ICH LL CiRAL CWS © EFSERORYDWIR VEOMRD RH SD> CEO, FLEA ELY TUS > BIOL (20198 LMA) > FUSS (MAX—D—) Bir 1/2 . WR: BO BR: Ue 38 REM = nae RABHX—p— Him 1/ (BeEx—D—HHH) (Fy) Lived qT e+
Slide 17: Slide 17
Slide 18: Medium-term plan
TRAROMHAR: KEYIA
Slide 19: Medium-term management plan
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Slide 20: Initiatives
ABO +2 | AtoF/baHY-ER FAODNACHRAS SCECLIT, TERING, TROL, (RAT COM BH RENEP ITER Sim. BAO X—D- Teta Mo CHA anme © 2KGINEOGENHORSEINT /ARRMTICLD, XA OUGH RED CAMEL. FA ORR ROLEETPA ws ieee AE-—KPYT dels RENTERECCS | rs FISRMEBAICLD fli, SI BEUROMBIER ETS aA COME CHLRVADIERN . i fener | 238 KLOMEE MRE
Slide 21: Initiatives
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Slide 22: Initiatives (ECD)
MABROROH ~ECD~ | BER h-SLIDP NF 41D OP ACS 2017 (COny NEFLS Be FETS. GI CHF OT) LRAT O—-E APA FLO ASA ERAT D-EACRALAL, BE, AB BBORIL, BBORECWSK—-WLID YTS IETS © €ERR > Oty MASA H OMAR (2017 4A pAbs) =rw = BUSEIEHALE 18.3 19.3 20.3 > AEOT) LRA BE (2018¢F 7 ABA) 2 19.3 20.3 > SAORI TAA (2019%F 2p) AEA
Slide 23: Initiatives
RanSRORY HAO | RPSNRFEO MIRE (I-4—K-IYI-Ze) 20184F7Alc71—-K- TD OBRABACRA BURA HOHe HAL CHELITD1—K- ID I-Zialt HEANFORMUESICLS ITA MACON, IY 1—Y (eS ORAS - FETE ABA CITI CWS O221-Y-BUARRRTAR » 2019 4A~ [EERAbI IE » 2019 9A~ AFRVSMUIRAS ITE > 20198F11A~ [ROB IMIAM JERE » 2020 SE~ OMB es MRMOBBNORA CM
Slide 24: Initiatives
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Slide 25: Overseas business: Kyodo Sojitz Feed
it BOE HAs |] AH+4 : Kyodo Sojitz Feed Co. Ltd. (88#% : KSF) ca 2 © Hh PIPCOPIVABALTRITRR > PIVDRAL SRR S AALS) BANISHI20% COULSESE = 2019%8)4) 58070 ERL Ec _". a > RAE ROREPRSM, FADS IMT er r KSFRt3¢48 7 @ 9/19-26%4E8S > SE CORILSRTORALT, ENORFRIIRTE TG a eeaened AMAMDISS, RB AMAORIS CUD) Pe > ARFC
Slide 26: Overseas business: NSF
it BOE H+ @ il 4>K : NIPPAI SHALIMAR FEEDS PVT. LTD. (88#% : NSF) x LD © mR -Qy > ADIN, RAMANOFMABBIMICLOSeH AY KOBE SFERPRIS RIB (Ft) > ERRHRMAHKRIN, IEB% aa 4,000 + © NSFHR 3,000 > TERMAOvES—-SysSL, aRSSHRS Saas RIFELES 7 tC oF HA 1,000 + > Seltdok MRA vSt—-bREL,. O. -terreernennnentt MMI errr PES
Slide 27: Initiatives on CSF (classical swine fever)
KEvIA ~CSF (RIVS) HTRKRCHRMR~ 20189 BIA T264 NOICCSFORAE, GH COMBATUR (WEIR, SER, APPR, REI, ARNT, =m WR HR, AVR, LR) DBR CHA NGERBAN, 8113795, OOOH EAFMAAN KE. EOEEACH BAILS DSORRCHSNSM, —BCSHOBD, BMA ROOAEHOMSEN TS. | HHLStOnRee “tt Clade RLOCSFSOS ERE DRM OVEN T, HATOSIINF—Le CHING, SAH IHOBL, DH
Slide 28: Initiatives on safety and quality
KEYIR $ ~(8)9U-YIP—AY—A BREE S~ | ()9U-Y97-AY-TRE | F5>7 457m © Att : RABMRALLUTBATLET=HI860 © BROBHME © Fi: 8189,0005F CF&31443A FA) BOMBA BVA LMOKD. © KBAR : BPO - Aes EBREPEERVG. MOA, Hh 7TBRLO SARL -YayBEZBUCISEDL, ABBICE BAN BUTS> KORO ARTE BIE A | amRonEMROMy GOAISYN TIBET A | eHEAHL @ BIGHACC
Slide 29: Shareholder information
AT 4 FR | WAR, BABB S BAT 17 ICE @ SOANIKKEIBSEhYINSAS | IEEE J 7/24 HGR © HREFIROA S| SAOMMO i8i 8/175 @ NOFLESITALRS 101 |B 9/25—ZA BVIRISSULEOPSSECIZAIS RALBORABHX—D— SSANIKKEL WOFLETSD THERE 101 JICHTH PREY TIES | RUBLE 2 JUHI ail 28
Slide 30: FEED ONE
FEED ONE ABACHRRENCERP PAS (SAF a COMMON CHO, COMROEMEE RES SEOCT (450 ECA. EE, RAGBAOBACIC HO RRORM PRC (SRTS PMNS CCECHABS FEU 29