Slide 1: Supplementary Explanatory Materials on Annual Financial Results for FY Ended November 20, 2023
Supplementary Explanatory Materials on Annual Financial Results for the Fiscal Year Ended November 20, 2023 Zojirushi Corporation December 25, 2023
Slide 2: Contents
Contents Ⅰ. Consolidated Financial Results for the Fiscal Yeaｒ P.02 Ended November 20, 2023 Ⅱ. Consolidated Financial Results Forecast P.13 for the Fiscal Year Ending November 20, 2024 Ⅲ. Shareholder Returns P.19 © 2023 ZOJIRUSHI CORPORATION. All Rights Reserved. 1
Slide 3: I. Consolidated Financial Results for the Fiscal Year Ended November 20, 2023
I. Consolidated Financial Results for the Fiscal Yeaｒ Ended November 20, 2023
Slide 4: Composition of net sales by product category/principal products
I. Consolidated Financial Results for the Fiscal Yeaｒ Ended November 20, 2023 (1) Composition of net sales by product category/principal products Household appliances Others Cooking appliances ⚫ Air-conditioning, cooling, 2.6% and heating 6.0% ⚫ Rice cooking Humidifiers Rice cookers ⚫ Kitchen housew
Slide 5: Comparison of quarterly financial results
I. Consolidated Financial Results for the Fiscal Yeaｒ Ended November 20, 2023 (2) Comparison of quarterly financial results Quarterly net sales Unit: Million yen FY 11/2020 FY 11/2021 FY 11/2022 FY 11/2023 30,000 26,500 27,128 24,203 24,698 25,000 20,610 21,555 18,746 18,318 19,165 19,754 20,000 17,
Slide 6: Overview of financial results
I. Consolidated Financial Results for the Fiscal Yeaｒ Ended November 20, 2023 (3) Overview of financial results Net sales Year on year Operating profit Year on year 83,494 Million yen +960 Million yen +1.2% 5,000 Million yen +336 Million yen +7.2 % Domestic net sales Overseas net sales -1,116 Millio
Slide 7: Statements of income (P/L)
I. Consolidated Financial Results for the Fiscal Yeaｒ Ended November 20, 2023 (4) Statements of income (P/L) (Unit: Million yen, %) Fiscal Year ended Fiscal Year ended November 20, 2022 November 20, 2023 YoY change Amount Composition Amount Composition Amount Rate Net sales 82,534 100.0% 83,494 100.
Slide 8: Net sales/operating profit by region and product category
I. Consolidated Financial Results for the Fiscal Yeaｒ Ended November 20, 2023 (5) Net sales/operating profit by region and product category Fiscal Year ended November 20, 2023 (Unit: Million yen, %) Overseas Japan Asia Americas Others Subtotal Total Of which, China Cooking appliances 39,043 9,677 3,
Slide 9: Net sales by region and product category
I. Consolidated Financial Results for the Fiscal Yeaｒ Ended November 20, 2023 (6) Net sales by region and product category Others 825 (Unit: Million yen) Household and thermal products 1,283 Cooking Americas appliances Japan 9,845 11,227 Household 52,347 and thermal products 7,966 Net Sales Cooking
Slide 10: Net sales by product category (details)
I. Consolidated Financial Results for the Fiscal Yeaｒ Ended November 20, 2023 (7) Net sales by product category (details) Fiscal Year ended Fiscal Year ended (Unit: Million yen, %) YoY change November 20, 2022 November 20, 2023 Amount Composition Amount Composition Amount Rate Rice cooking Net sales
Slide 11: Factors of YoY change in net sales/operating profit
I. Consolidated Financial Results for the Fiscal Yeaｒ Ended November 20, 2023 (8) Factors of YoY change in net sales/operating profit Net sales (Unit: Million yen) Operating profit (Unit: Million yen) Cooking Household and Others appliances thermal products Household appliances administrative expens
Slide 12: Balance sheets (B/S)
I. Consolidated Financial Results for the Fiscal Yeaｒ Ended November 20, 2023 (9) Balance sheets (B/S) (Unit: Million yen) November 20, 2022 November 20, 2023 YoY change Current assets 84,955 83,640 (1,315) Cash and deposits 34,119 34,198 78 Merchandise and finished goods 25,271 24,254 (1,017) Other
Slide 13: Statements of cash flows
I. Consolidated Financial Results for the Fiscal Yeaｒ Ended November 20, 2023 (10) Statements of cash flows (Unit: Million yen) Fiscal Year Fiscal Year Beginning Operating Investing Financing Effect of End of ended ended Change of period CF CF CF exchange period November 20, November 20, rate change
Slide 14: II. Consolidated Financial Results Forecast Ending November 20, 2024
II. Consolidated Financial Results Forecast for the Fiscal Year Ending November 20, 2024
Slide 15: Financial performance
II. Consolidated Financial Results Forecast for the Fiscal Year Ending November 20, 2024 (1) Financial performance Japan Asia Americas Others Operating profit Ratio of operating profit to net sales Operating profit Net sales 13.6% 11.3% （Million yen） （Million yen） 7.7% 9.2% 8.2% 7.4% 6.9% 7.3% 5.7%
Slide 16: Statements of income (P/L) forecast
II. Consolidated Financial Results Forecast for the Fiscal Year Ending November 20, 2024 (2) Statements of income (P/L) (Unit: Million yen, %) Financial results forecast Fiscal Year ended for the fiscal Year ending YoY change November 20, 2023 November 20, 2024 Amount Composition Amount Composition
Slide 17: Net sales by region and product category
II. Consolidated Financial Results Forecast for the Fiscal Year Ending November 20, 2024 (3) Net sales by region and product category (Unit: Million yen, %) Financial results forecast for the Fiscal Year ending November 20, 2024 Overseas Japan Asia Americas Others Subtotal Total Of which, China Cook
Slide 18: Net sales by product category (details)
II. Consolidated Financial Results Forecast for the Fiscal Year Ending November 20, 2024 (4) Net sales by product category (details) Financial results forecast Fiscal Year ended for the Fiscal Year ending YoY change November 20, 2023 November 20, 2024 (Unit: Million yen, %) Amount Composition Amount
Slide 19: Factors of YoY change in net sales/operating profit
II. Consolidated Financial Results Forecast for the Fiscal Year Ending November 20, 2024 (5) Factors of YoY change in net sales/operating profit Net sales (Unit: Million yen) Operating profit (Unit: Million yen) Cooking Household and Others appliances thermal Household appliances Attributable to gro
Slide 20: III. Shareholder Returns
III. Shareholder Returns
Slide 21: Shareholder Returns Policy
III. Shareholder Returns The Company considers the return of profits to shareholders to be an important policy and will aim to maintain a stable dividend targeting a consolidated payout ratio of 50% or higher while comprehensively taking into account internal reserves, earnings forecast, etc. to Pol
Slide 22: Notes on forward-looking statements
Notes on forward-looking statements ⚫ This material is provided to investors purely for informational purposes and is not intended to solicit stock trading. ⚫ Forward-looking statements in this material are based on targets or forecasts and are not a commitment or guarantee. Please note that the Com