Umios Corporation · TSE:1333

Umios — Maruha Nichiro — Q2 FY2023 Earnings Presentation

35 slides from Umios's earnings presentation, Nov 24, 2022

  1. Slide 1: Consolidated Financial Results for the 2nd Quarter of the Year Ending March 2023

    Consolidated Financial Results for the 2nd Quarter of the Year Ending March 2023 (April-September 2022) November 24, 2022 Copyright ©2022 Maruha Nichiro Corporation

  2. Slide 2: Table of Contents

    Table of Contents I. Second Quarter Results for the Fiscal Year Ending March 2023・・・P.3～12 II. Full Year Forecast and Future Measures・・・P.13～21 III. Sustainability Strategy Topics ・・・P.22～25 IV. Appendix ・・・P.28～34 Copyright ©2022 Maruha Nichiro Corporation 2

  3. Slide 3: I. Second Quarter Results for the Fiscal Year Ending March 2023

    I. Second Quarter Results for the Fiscal Year Ending March 2023 Copyright ©2022 Maruha Nichiro Corporation

  4. Slide 4: Key Points of the 2Q Financial Results

    Consolidated Financial Results for 2Q Key Points of the 2Q Financial Results The highest 2Q net sales and op. income results since the merge Net Sales 485.2 billion yen (+17.7% YoY), Operating Income 15.9 billion yen (+27.9% YoY), Ordinary Income 21.2 billion yen (+53.1% YoY), Profit attributable to

  5. Slide 5: Consolidated Statement of Income

    Consolidated Financial Results for 2Q Consolidated Statement of Income (JPY in Billions) Percentage Sep/22 Sep/21 Change Increase Highest second quarter Net Sales 485.2 412.2 73.0 18% net sales and op. income Cost of Sales 417.0 352.1 64.9 since the merge Gross profit 68.2 60.1 8.1 Expense 52.3 47.7

  6. Slide 6: Results by Business Segments/Units

    Consolidated Financial Results for 2Q Results by Business Segments/Units (JPY in Billions) Net Sales Operating Income Segment Unit (After applying revenue recognition) Full year Full year Sep/22 Sep/21 Change 2Q/Fyf Sep/22 Sep/21 Change 2Q/Fyf Forecast Forecast Fishery Business 16.8 13.4 3.4 35.3 48

  7. Slide 7: Marine Products Business Segment

    Consolidated Financial Results for 2Q Marine Products Business Segment (JPY in Billions) Net Sales Operating Income Segment Unit Full year Full year Sep/22 Sep/21 Change 2Q/Fyf Sep/22 Sep/21 Change 2Q/Fyf Forecast Forecast Fishery Business 16.8 13.4 3.4 35.3 48% -0.4 -0.6 0.2 2.2 - Marine Products A

  8. Slide 8: Processed Foods Business Segment

    Consolidated Financial Results for 2Q Processed Foods Business Segment (JPY in Billions) Net Sales Operating Income Segment Unit Full year Full year Sep/22 Sep/21 Change 2Q/Fyf Sep/22 Sep/21 Change 2Q/Fyf Forecast Forecast Processed Foods Processed Foods Business 51.0 49.2 1.8 99.0 52% 1.6 2.7 -1.1

  9. Slide 9: Foodstuff Distribution Business Unit

    Consolidated Financial Results for 2Q Foodstuff Distribution Business Unit (JPY in Billions) Net Sales Operating Income Segment Unit (After applying revenue recognition) Full year Full year Sep/22 Sep/21 Change 2Q/Fyf Sep/22 Sep/21 Change 2Q/Fyf Forecast Forecast Foodstuff Distribution Foodstuff Dis

  10. Slide 10: Logistics Segment

    Consolidated Financial Results for 2Q Logistics Segment (JPY in Billions) Net Sales Operating Income Segment Unit Full year Full year Sep/22 Sep/21 Change 2Q/Fyf Sep/22 Sep/21 Change 2Q/Fyf Forecast Forecast Logistics Logistics 8.7 8.4 0.3 17.7 49% 0.7 0.7 0.0 1.5 47% 2Q Business Overview Handling v

  11. Slide 11: Consolidated Balance Sheet

    Consolidated Financial Results for 2Q Consolidated Balance Sheet (JPY in Billions) Sep/22 Mar/22 Change Sep/22 Mar/22 Change Current assets 408.4 324.3 84.1 Current liabilities 302.2 221.5 80.7 Cash & deposit 22.3 25.0 -2.7 Trade notes & accounts payable 50.5 36.2 14.3 Trade notes & accounts receiva

  12. Slide 12: Consolidated Statements of Cash Flows

    Consolidated Financial Results for 2Q Consolidated Statements of Cash Flows (JPY in Billions) Sep/22 Sep/21 Change Main contents Net income before taxes and adjustments 21.2 Depreciation and amortization 7.4 Decrease(Increase) in trade accounts receivable -19.0 Cash flows from operating activities -

  13. Slide 13: II. Full Year Forecast and Future Measures

    II．Full Year Forecast and Future Measures Copyright ©2022 Maruha Nichiro Corporation

  14. Slide 14: Forecast of Consolidated Financial Results

    Full Year Forecast and Future Measures Forecast of Consolidated Financial Results (JPY in Billions) Results for FY Previous forecast Revised forecast YoY Previous ended March for FY ending for FY ending comparison change forecast change 2022 (A) March 2023 (B) March 2023 (C) （C）-（A） comparison (%) (

  15. Slide 15: Consolidated Financial Forecast by Segments and Units

    Full Year Forecast and Future Measures Consolidated Financial Forecast by Segments and Units (JPY in Billions) Net Sales Operating Income (After applying revenue recognition) Segment Unit Results Full Year Forecast Results Full Year Forecast Previous Revised Previous Revised Sep/22 Sep/21 Change Cha

  16. Slide 16: Factors of Increase/Decrease in Operating Income Plan

    Full Year Forecast and Future Measures Factors of Increase/Decrease in Operating Income Plan Increase Decrease Total Fishing Recovery in sales to Increase in Increased Rising Rising Increase Company Vessels food services and production cost of raw costs of market in power -wide operating institution

  17. Slide 17: Marine Products Business Segment

    Full Year Forecast and Future Measures Marine Products Business Segment (JPY in Billions) Net Sales Operating Income (After applying revenue recognition) Segment Unit Results Full Year Forecast Results Full Year Forecast Previous Revised Previous Revised Sep/22 Sep/21 Change Change Sep/22 Sep/21 Cha

  18. Slide 18: Processed Foods Business Segment

    Full Year Forecast and Future Measures Processed Foods Business Segment (JPY in Billions) Net Sales Operating Income (After applying revenue recognition) Segment Unit Results Full Year Forecast Results Full Year Forecast Previous Revised Previous Revised Sep/22 Sep/21 Change Change Sep/22 Sep/21 Cha

  19. Slide 19: Foodstuff Distribution Business Unit

    Full Year Forecast and Future Measures Foodstuff Distribution Business Unit (JPY in Billions) Net Sales Operating Income (After applying revenue recognition) Segment Unit Results Full Year Forecast Results Full Year Forecast Previous Revised Previous Revised Sep/22 Sep/21 Change Change Sep/22 Sep/21

  20. Slide 20: Logistics Segment

    Full Year Forecast and Future Measures Logistics Segment (JPY in Billions) Net Sales Operating Income (After applying revenue recognition) Segment Unit Results Full Year Forecast Results Full Year Forecast Previous Revised Previous Revised Sep/22 Sep/21 Change Change Sep/22 Sep/21 Change Change Fore

  21. Slide 21: Shareholder Returns

    Shareholder Returns ■Acquisition and cancellation of treasury stock ■ Dividends (Year-end dividend) Total number of stocks Common stock 2,017,300 shares acquired (Ratio to the total number of shares issued and outstanding (excluding treasury stock*) before cancellation: 3.99%) Total acquisition cost

  22. Slide 22: III. Sustainability Strategy Topics

    III. Sustainability Strategy Topics Copyright ©2022 Maruha Nichiro Corporation

  23. Slide 23: Creation of MNV - Maruha Nichiro Value

    Sustainability Strategy Topics - Creation of MNV - • We will create Maruha Nichiro Value（MNV） and enhance enterprise value and generate sustainable growth to all stakeholders through Integration of Management strategy and Sustainability. Maruha Nichiro Value Action for Climate changes Development of

  24. Slide 24: SeaBOS (Seafood Business for Ocean Stewardship)

    Sustainability Strategy Topics SeaBOS (Seafood Business for Ocean Stewardship) The Maruha Nichiro Group has joined together with the world's leading global seafood suppliers and scientists studying the ocean, fisheries and sustainability, in the Seafood Business for Ocean Stewardship (SeaBOS) initia

  25. Slide 25: Issuance of Blue Bonds (first in Japan)

    Sustainability Strategy Topics Issuance of Blue Bonds (first in Japan) Initiatives to protect marine resources are an important part of our role to become the No.1 global seafood supplier Name of Bond Maruha Nichiro Corporation 1st Unsecured Bond (Blue Bond) Maturity of issues 5 years Total issued a

  26. Slide 26: Thank You

    Thank You Copyright ©2022 Maruha Nichiro Corporation

  27. Slide 27: For Inquiries, please contact

    For Inquiries, please contact Investor Relations Group Corporate Planning Department Maruha Nichiro Corporation E-mail：ir-info@maruha-nichiro.co.jp Copyright ©2022 Maruha Nichiro Corporation 27

  28. Slide 28: IV. Appendix

    IV．Appendix Copyright ©2022 Maruha Nichiro Corporation

  29. Slide 29: Materiality: Environmental Value - Action for Climate Change

    Appendix Materiality regarding the creation of Environmental Value ①Action for Climate Change Progress ・Established and disclosed roadmap for CO2 emissions reduction ・Conducted on-site surveys to install solar panels at each site to reduce CO2 emissions Progress ・Initiatives have been launched at th

  30. Slide 30: Materiality: Environmental Value - Marine Plastics and Biodiversity

    Appendix Materiality regarding the creation of Environmental Value ③Action for Marine Pollution by Marine Plastics Progress ・Started drafting the Group's fishing gear management guidelines. ・Continued to promote coastal clean ups ("Make Sea Happy!) ④Action for Preserving Biodiversity and Ecosystem P

  31. Slide 31: Materiality: Social Value - Safe Food and Health Value

    Appendix Materiality regarding the creation of Social Value ⑤Provision of Safe and Secure Food Progress ・Improving food safety and food defense levels through collaboration with the supply chain ・Established a quality assurance system to support global expansion ⑥Food Provision Contributing to Creat

  32. Slide 32: Materiality: Social Value - Work Environment and Human Rights

    Appendix Materiality regarding the creation of Social Value ⑦Building a Work Environment that Diversified Employees can Work with a Sense of Security Progress ・Recruiting activities going according to plan ・Implemented multi-faceted human resource development programs ⑧Respect for Human Rights in Bu

  33. Slide 33: Materiality: Social Value - Sustainable Supply Chain

    Appendix Materiality regarding the creation of Social Value ⑨Development of a Sustainable Supply Chain Progress ・Issued a revised Supplier Guideline and published explanatory documents ・Started the second Supplier Guideline compliance survey Copyright ©2022 Maruha Nichiro Corporation 33

  34. Slide 34: Overseas Net Sales for 2Q of the fiscal year ending March 2023

    Appendix Overseas Net Sales for 2Q of the fiscal year ending March 2023 Forecast for Overseas Forecast for Overseas FY2021 2Q FY2022 2Q FY2024 FY2021 2Q FY2022 2Q FY2024 Net sales Net sales 70.6 Billion JPY 103.5 Billion JPY 215.0 Billion JPY ratio 17.1% 21.3% 22.4% Europe N. America FY2021 2Q FY202

  35. Slide 35: Forward-looking statements disclaimer

    This material contains forward-looking statements, including projections, plans, policies, management strategies, targets, schedules, understandings and evaluations, about Maruha Nichiro and its group companies that are not historical facts. These forward- looking statements are based on current for

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