Fuji Oil Co. Ltd. · TSE:2607
Fuji Oil — FY2024 Earnings Presentation
29 slides from Fuji Oil's earnings presentation, May 13, 2025
Slide 1: FY2024 Financial Results Materials
FY2024 FY2024 Financial Results Materials May 13, 2025
Slide 2: Contents
Contents 1. FY2024 Results 2. FY2025 Forecast 3. Toward FY2025 4. Reference Materials 2
Slide 3: FY2024 Results
fre FUJI OILCO.,LTD. FY2024 Results
Slide 4: Looking Back on FY2022-2024 Mid-Term Management Plan
1. FY2024 Results Looking Back on FY2022-2024 Mid-Term Management Plan The business foundation was strengthened, despite the impact of continuous changes in external environment. Operating Profit FY2024 Plan • Increased profitability in existing fields ¥23.5 billion Results Actual • Strengthened glo
Slide 5: Looking Back on FY2022-2024 Mid-Term Management Plan
1. FY2024 Results Looking Back on FY2022-2024 Mid-Term Management Plan Proceed with the transformation into a business holding company. FY2024 Issues FY2025 Actions • Response to backwardation due to turbulence in the cocoa market Blommer • Further improvement of business management Transition to •
Slide 6: FY2024 Results
1. FY2024 Results FY2024 Results Unit: JPY billion FY2024 FY2024 Results vs Net Sales 671.2 billion yen YOY + 107.1 billion yen FY2023 FY2024 YOY Rev. Forecast Rev. Results Results (Feb. 2025) Forecast Net sales increased due to higher sales prices to reflect higher raw material (Feb. 2025) prices o
Slide 7: FY2024 Results by Business
1. FY2024 Results FY2024 Results by Business Unit: JPY billion FY2024 FY2024 Results vs Operating Profit by Business FY2023 FY2024 YOY Rev. Forecast Rev. Results Results (Feb. 2025) Forecast (Feb. 2025) Vegetable Oils and Fats Net Sales 564.1 671.2 +107.1 655.0 +16.2 • Sales of vegetable fats for ch
Slide 8: FY2024 Operating Profit Analysis YOY
1. FY2024 Results FY2024 Operating Profit Analysis YOY Substantive operating profit was 40.4 billion yen, driven by CBE and compound chocolate. On the other hand, operating profit decreased by 8.3 billion yen to 9.9 billion yen due to the impact of Cocoa Special Factors at Blommer. Operating Profit
Slide 9: FY2024 Results (by Business, Area)
1. FY2024 Results FY2024 Results (by Business, Area) Unit: JPY million Japan Americas SE Asia China Europe Consolidated Total Net Sales FY YOY YOY YOY YOY YOY YOY FY2024 65,473 +8,460 58,384 (4,629) 40,820 +14,334 4,550 +1,232 38,044 +2,525 207,274 +21,923 Vegetable FY2023 57,012 +579 63,014 (16,203
Slide 10: FY2025 Forecast
fr. FUJI OILCO.,LTD. FY 2025 Forecast
Slide 11: Changes in Disclosure from FY2025
2. FY2025 Forecast Changes in Disclosure from FY2025 1. Start Voluntary Adoption of IFRS 2. Changes of Segment Information due to Management Approach Due to the integration of the Group headquarters and former Fuji Oil Co., Ltd., we shifted to a business • From the first quarter of FY2025, we have h
Slide 12: FY2025 Full-Year Forecast
2. FY2025 Forecast FY2025 Full-Year Forecast Unit: JPY billion FY2024 Results FY2024 Results FY2025 Forecast Net Sales 800.0 billion yen (J-GAAP) Ref. * (IFRS) Planning on an increase in net sales thanks to higher sales prices to reflect higher raw material prices such as palm oil, palm kernel oil,
Slide 13: FY2025 Full-Year Forecast by Business
2. FY2025 Forecast FY2025 Full-Year Forecast by Business Unit: JPY billion FY2024 FY2024 FY2025 Results Results Forecast Business Profit by Business (J-GAAP) Business Profit (IFRS) Operating Profit*¹ Ref. *² Business Profit • Early implementation of sales price optimization Net Sales 671.2 - 800.0 F
Slide 14: FY2025 Full-Year Business Profit Analysis
2. FY2025 Forecast FY2025 Full-Year Business Profit Analysis Forecast is based on the loss of temporary raw material gains in FY2024, despite the improvement of Cocoa Special Factors at Blommer. We will aim to surpass targets of forecast. Business Profit Analysis Unit: JPY billion Cocoa Special Fact
Slide 15: FY2024 Blommer's Performance
2. FY2025 Forecast FY2024 Blommer’s Performance Q4 showed improvement trend, although Cocoa Special Factors expanded due to cocoa price fluctuations. FY2024 Performance of Blommer Unit: JPY billion FY2023 FY2024 FY2024 FY2024 Full-Year Q3 Total Q4（3 months） Full-Year YOY Results Results Results Resu
Slide 16: FY2025 Forecast of Blommer and Actions
2. FY2025 Forecast FY2025 Forecast of Blommer and Actions Performance is expected to improve thanks to structural reforms and actions to control Cocoa Special Factors. FY2025 Forecast of Blommer Planning to Improvement of Cocoa Special Factors Unit: JPY billion in the second half of the year FY2024
Slide 17: B/S and Interest-bearing Debt
2. FY2025 Forecast B/S B/S Unit: JPY billion Interest-bearing Debt Unit: JPY billion FY2023 FY2024 FY2025 300 End Results End Results Forecast (J-GAAP) (J-GAAP) （IFRS） 250 Cash and Deposits 27.5 70.6 20.0 200 Inventories 150 (Merchandise and finished goods/ 109.0 161.0 152.0 Raw materials and suppli
Slide 18: C/F・Dividend Policy
2. FY2025 Forecast C/F・Dividend Policy C/F Unit: JPY billion Dividend Policy FY2023 FY2024 FY2025 FY2024 Forecast 52 yen per share. No change from the initial plan. Results Results Forecast FY2025 Forecast Forecast 52 yen per share. （J-GAAP） (J-GAAP) （IFRS） Decrease (Increase) 10.0 (23.0) - in Trade
Slide 19: FUJI ROIC
2. FY2025 Forecast FUJI ROIC Advance management through FUJI ROIC to improve profitability and asset efficiency. Until FY2024 (J-GAAP) From FY2025 (IFRS) Companywide FUJI ROIC Companywide FUJI ROIC Directions for Business-specific FUJI ROIC Business the improvement of ROIC Business-specific FUJI ROI
Slide 20: FY2025: Net Sales, Business Profit (by Business, Area)
2. FY2025 Forecast FY2025: Net Sales, Business Profit (by Business, Area) Unit: JPY billion Japan Europe and Americas Asia Consolidated Total Net Sales FY YOY YOY YOY YOY Vegetable 2025 Forecast (IFRS) 72.0 +6.5 127.5 +31.1 49.0 +3.6 248.5 +41.2 Oils and Fats 2024 Results Ref. 65.5 - 96.4 - 45.4 - 2
Slide 21: Toward FY2025
fr. FUJI OILCO.,LTD. Toward FY2025
Slide 22: FY2025 Directions
3. Toward FY2025 FY2025 Directions FY2024 Issues Group Governance Competitiveness in Existing Fields Portfolio Replacement FY2025 Directions Enhance Strengthen Expand New Governance Existing Fields Business Fields • Integration of management • Promotion of solution-based business • Creation of solut
Slide 23: Governance Enhancement by the Transition to a Business Holding Company Structure
Enhance 3. Toward FY2025 Governance Governance Enhancement by the Transition to a Business Holding Company Structure We will improve the speed of management decisions and business strategies by business axis management and delegating authority. Group Headquarters Structure (Pure Holding Company Stru
Slide 24: Vegetable Oils and Fats
Strengthen Expand New 3. Toward FY2025 Existing Fields Business Fields Vegetable Oils and Fats Promote added value through strengthening of vegetable fats for chocolate CBE and supply chain. Strengthen Expand New Existing Fields Business Fields Actions for the Growing Demand of Creation of Sustainab
Slide 25: Industrial Chocolate
Strengthen Expand New 3. Toward FY2025 Existing Fields Business Fields Industrial Chocolate While we are impacted by rising cocoa prices, demand for compound chocolate remains strong, so we will continue to work on the profitability of capital expenditures. Strengthen Expand New Existing Fields Busi
Slide 26: Emulsified and Fermented Ingredients / Soy-based Ingredients
Strengthen Expand New 3. Toward FY2025 Existing Fields Business Fields Emulsified and Fermented Ingredients / Soy-based Ingredients Emulsified and Fermented Ingredients Soy-based Ingredients Create synergies by developing our strengths Continue to replace the portfolio and evolve toward cultivated i
Slide 27: Reference Materials
fr. FUJI OILCO.,LTD. Reference Materials
Slide 28: Main Raw Material Prices (~ the End of Apr. 2025)
4. Reference Materials Main Raw Material Prices ( ~ the End of Apr. 2025) 28
Slide 29: Translation and forward-looking statements notice
This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The forward-looking statements, including earnings forecasts, contained in this document a