Sapporo Holdings Limited · TSE:2501
Sapporo — 9M 2010 Earnings Presentation
18 slides from Sapporo's earnings presentation, Oct 29, 2010
Slide 1: Sapporo Group Business Results Presentation for the Nine Months Ended September 30, 2010
2010 Sapporo Group Business Results Presentation for the Nine Months Ended September 30, 2010 October 29, 2010 Sapporo Holdings Ltd. URL http://www.sapporoholdings.jp/english/ Copyright, 2010 SAPPORO HOLDINGS LTD. All rights reserved. 1/18
Slide 2: Contents
Contents 1． Overview of Business Results for the Nine Months Ended September 30, 2010 2． Operating Results by Segment 3. For Reference: 2010 Earnings Forecasts *These materials contain forward-looking statements that are based on information available when the materials were prepared and subject to
Slide 3: Overview of Business Results for the Nine Months Ended September 30, 2010
1. 1.Overview Overviewof ofBusiness BusinessResults Resultsfor forthe theNine NineMonths Months Ended EndedSeptember September30, 30,2010 2010 Copyright, 2010 SAPPORO HOLDINGS LTD. All rights reserved. 3/18
Slide 4: Overview of Business Results for the Nine Months Ended September 30, 2010 - Consolidated
Overview of Business Results for the Nine Months Ended September 30, 2010 - Consolidated Sales growth at our Japanese Alcoholic Beverages and Soft Drinks businesses during July–September pushed companywide consolidated sales for the first three quarters to ¥284.0 billion, up ¥0.9 billion year over y
Slide 5: Overview of Third Quarter 2010 Business Results by Segment
Overview of Third Quarter 2010 Business Results by Segment The Japanese Alcoholic Beverages business posted a large increase in operating income despite a ¥1.4 billion increase in depreciation charges stemming from the launch of a new sales and logistics system. The Soft Drinks business also achieve
Slide 6: Operating Results by Segment
2. 2.Operating OperatingResults Resultsby bySegment Segment *Please refer to the following document for our February projections and targets for each business segment: http://www.sapporoholdings.jp/ir/report/pdf/management_plan.pdf *Please refer to the Appendix for further details of each business s
Slide 7: Alcoholic Beverages (Japan) (1)
Alcoholic Beverages (Japan) (1) (billions of yen) Business Businessresults resultshighlights highlights Year-on-year changes Sales were down year over year but combined sales 2009 2010 Amount % volume for all beer types increased year over year and outpaced industry-wide demand growth Net sales 204.
Slide 8: Alcoholic Beverages (Japan) (2)
Alcoholic Beverages (Japan) (2) Mainstay Yebisu brand and Mugi to Hop both achieved year-over-year sales gains sharply above industry-wide demand growth. Combined sales volume for our beer, happoshu (low-malt beer), and new-genre products also achieved higher growth than the industry-wide average du
Slide 9: Alcoholic Beverages (International) (1)
Alcoholic Beverages (International) (1) (billions of yen) Business Year-on-year changes Businessresults resultshighlights highlights Achieved 14.9% year-over-year sales growth, 2009 2010 Amount % led by strong gains in North American Net sales 16.9 19.5 2.5 14.9% business Operating income 0.5 0.5 0.
Slide 10: Alcoholic Beverages (International) (2)
Alcoholic Beverages (International) (2) Business Businessresults resultshighlights highlights 2. Entering Asian markets Expanding into the Vietnamese market Expanding into the Singapore market ¾ Establishment Sapporo Vietnam Limited in partnership with ¾ We are working to boost our sales in the Sing
Slide 11: Soft Drinks and Food
Soft Drinks and Food (billions of yen) Business Businessresults resultshighlights highlights Year-on-year changes Sales holding steady despite contraction of domestic market 2010 monthly sales volume (YoY) – Soft Drinks and Food 2009 2010 Amount % ％ S a p p o r o H o ld in g s T o ta ld e m a n d 11
Slide 12: Restaurants
Restaurants (billions of yen) Business Businessresults resultshighlights highlights Year-on-year changes Total net sales for first three quarters were down 2009 2010 Amount % year on year. Increases in comparable restaurant’s net sales in August (+1.6%) and September (+0.3%) Net sales 21.2 20.6 (0.6
Slide 13: Real Estate (1)
Real Estate (1) (billions of yen) Business Year-on-year changes Businessresults resultshighlights highlights 2009 2010 Amount % Maintained stable earnings structure despite negative trend of rising vacancies and falling Net sales 16.9 17.2 0.3 2.2% rents in Tokyo office building market Operating 5.4
Slide 14: Real Estate (2)
Real Estate (2) Overview Overviewor orour ourReal RealEstate Estatebusiness business Real Estate business operating income is primarily from real estate leasing. Our real estate leasing assets are concentrated in Tokyo’s 23 wards (see previous page) Operating Operatingincome income (billions of yen)
Slide 15: For Reference: 2010 Earnings Forecasts
3. 3.For ForReference: Reference:2010 2010Earnings EarningsForecasts Forecasts Copyright, 2010 SAPPORO HOLDINGS LTD. All rights reserved. 15/18
Slide 16: 2010 Consolidated Earnings Forecasts
2010 Consolidated Earnings Forecasts Our 2010 earnings forecasts are unchanged from those announced at first half-end Full-year Full-yearnet netsales, sales,operating operatingincome, income,ordinary ordinaryincome, income,and andnet netincome income (billions of yen) (Income) (Net sales) 16 5 00 44
Slide 17: 2010 Consolidated Earnings Forecasts by Segment
2010 Consolidated Earnings Forecasts by Segment Full-year Full-yearearnings earningsforecasts forecastsby bysegment segment(year-on-year) (year-on-year) (billions of yen) Net sales Operating income EBITDA 2009 2010 Change 2009 2010 Change 2009 2010 Change Alcoholic Beverages (Japan) 282.9 280.0 (2.9
Slide 18: Transition to growth phase
2010 Key Issues Strategic StrategicTheme Theme Transition from an earnings structure reform phase to a growth phase in which we will enhance enterprise value over the medium to long term Expand revenues Japanese Alcoholic Beverages Business Strengthening Strengthen brands by focusing resources on ex