Fuji Seal International, Inc. · TSE:7864
Fuji Seal International — Q3 FY2022 Earnings Presentation
19 slides from Fuji Seal International's earnings presentation, Feb 9, 2023
Slide 1: FY2022 Third Quarter Financial Results Supplementary Briefing Materials
FY2022 Third Quarter Financial Results Supplementary Briefing Materials Fuji Seal International, Inc. February 9, 2023 Copyright 2023 Fuji Seal Group
Slide 2: Table of Contents
Table of Contents FY2022 Third Quarter (Cumulative) Results 1. FY 2022 Third Quarter (Cumulative) Results 2. Revisions to Full-year 2022 Earnings Forecasts 3. Priority Measures for Fiscal 2023 4. Dividend Policy New Environmental, Social and Governance Initiatives 1. Improve evaluation of environmen
Slide 3: Key Points of FY2022 Third Quarter (Cumulative) Results
1. Key Points of FY2022 the Third Quarter (Cumulative) Results ⚫ In terms of the progress rate of the announced figures (full-year), net sales were 76.1%, which was basically in line with the plan. Profit at each stage slowed from 2Q onward, and operating profits reached 55.8% of the full year targe
Slide 4: FY2022 3rd Quarter (Cumulative) Results: Net Sales by Region
1. (1) FY2022 3rd Quarter (Cumulative) Results: Net Sales by Region ⚫ Consolidated net sales increased YoY. By region (excluding forex impact), sales increased YoY in Japan/Europe (excluding FSCH) and decreased in the Americas/ASEAN. ～ FY2021 FY2022 Year-on-year FY2021 Excluding forex impact 3rd qua
Slide 5: FY2022 3Q (Cumulative) Results: Net Sales by Segment by Region
1. (2) FY2022 3Q (Cumulative) Results: Net Sales by Segment by Region FY2021 FY2022 Year-on-year change ●Slight increase in shrink labels due to recovery (Millions of yen) Excluding forex 3rd quarter 3rd quarter Change Rate of change impact in the beverage sector. Japan 69,025 72,186 3,161 +4.6% - ●
Slide 6: FY2022 3rd Quarter (Cumulative) Results: Operating Profits by Region
1. (3) FY2022 3rd Quarter (Cumulative) Results: Operating Profits by Region ⚫ Profits decreased due to continued increases in raw material prices, logistics costs, and utility costs, which exceeded the effects of price revisions in each region. Year-on-year ●The rate of profit decline narrowed due t
Slide 7: Non-Operating Income and Expenses, Extraordinary Income and Expenses
1. (4) FY2022 3rd Quarter (Cumulative) Results: Non-Operating Income and Expenses, Extraordinary Income and Expenses FY2021 FY2022 Increase/Decrease [Non-operating income and non-operating expenses] (Millions of yen) 3rd quarter 3rd quarter (Amount) (%) ● The yen appreciated in 3Q, resulting in a cu
Slide 8: Revisions to FY2022 Full-Year Forecasts
2. (1) Revisions to FY2022 Full-Year Forecasts ⚫ Net sales are expected to be about ¥3 billion higher than the initial forecast. Operating profits are revised downward by about ¥3.4 billion due to continued increases in raw material prices, logistics costs, and utility costs, which exceeded the effe
Slide 9: Revisions to FY2022 Full-Year Forecasts by Region
2. (2) Revisions to FY2022 Full-Year Forecasts by Region FY2022 FY2022 Increase/Decrease Vs. Announcement FY2021 Annouced full Full year (Millions of yen) Full year (Amount) (%) (Amount) (%) year (forecast) Consolidated [Sales] 170,321 179,000 182,000 11,679 +6.9% +3,000 +1.7% net sales ⚫ Due in par
Slide 10: Major Factors for Revisions to FY2022 Full-Year Forecasts
2. (3) Major Factors for Revisions to FY2022 Full-Year Forecasts ① Delay in timely price revisions: ▲ approx. ¥3.8 billion (cost increase △ ¥11.9 billion vs price revision effect + ¥8.1 billion) ● Increases in raw material prices, logistics costs, and utility costs exceeded expectations. The speed o
Slide 11: Trends in Raw Material Prices and Price Revision Effects
2.(4) Trends in Raw Material Prices and Price Revision Effects 【Impact of higher material, utilities, and logistics costs v.s. price revision effects (cumulative)] [Billions of yen] ● In FY2022, the impact was negative due to increases in raw material prices, logistics costs, and utility costs, whic
Slide 12: FY2023: Group Priority Measures
3. (1) FY2023: Group Priority Measures Priority Measures ①: Shift to Integrated Management of Development, Production, and Sales ● Eliminated barriers between development, production, and sales. Shifted to a business structure centered on the shrink, PSL, soft pouch, and machine businesses. ● Review
Slide 13: FY2023: Priority measures in each region
3. (2) FY2023: Priority measures in each region Japan Americas ■ Expand primary packaging. In addition to refill pouches, accelerate the ■ Consumer demand is expected to recover 2Q in FY2023. In the adoption of environmentally friendly products (= flexible pouches) in the medium to long term, demand
Slide 14: Dividend Policy
4. Dividend Policy In FY 2022, we plan to pay an annual dividend of ¥35 (interim ¥17 and year-end ¥18), as originally planned. FY2021 FY2022 Actual Planned Cash dividends 35 yen 35 yen Dividend 31.3% 46.8% payout ratio Copyright 2023 Fuji Seal Group 14
Slide 15: Table of Contents
Table of Contents FY2022 Third Quarter (Cumulative) Results 1. FY 2022 Third Quarter (Cumulative) Results 2. Revisions to Full-year 2022 Earnings Forecasts 3. Priority Measures for Fiscal 2023 4. Dividend Policy New Environmental, Social and Governance Initiatives 1. Improve evaluation of environmen
Slide 16: Improve Evaluation of Environmental Survey
1. Improve Evaluation of Environmental Survey CDP 2022 Assessment (as of December 13, 2022) ● Climate change: Rank up from management level "B" to leadership level "A-" ● Water: Continue to maintain management level "B" since two years ago In order to realize our vision of "Delivering value that is
Slide 17: Efforts to Reduce CO2 (Corporate PPA)
2. Efforts to Reduce CO2 (Corporate PPA) Startup of Corporate PPA at Thai Sinsakhon Plant In September 2022, we began operating a solar power generation facility using a Power Purchase Agreement (PPA)* at the Shinsacon Plant in Thailand to promote the use of renewable energy. By installing the indus
Slide 18: Our Vision
Our Vision Copyright 2023 Fuji Seal Group 18
Slide 19: Cautionary Statement
Cautionary Statement This report is intended to provide a better understanding of the Fuji Seal Group and is not necessarily intended to recommend investment. This report includes earnings forecasts and business plans, which are based on certain assumptions in the economic environment and business p
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