Sapporo Holdings Limited · TSE:2501
Sapporo — Q3 2014 Earnings Presentation
20 slides from Sapporo's earnings presentation, Nov 5, 2014
Slide 1: Sapporo Group Business Results Presentation for the Nine Months Ended September 30, 2014
2014 Sapporo Group Business Results Presentation for the Nine Months Ended September 30, 2014 November 5, 2014 Sapporo Holdings Ltd. URL http://www.sapporoholdings.jp/english Copyright, 2014 SAPPORO HOLDINGS LTD. All rights reserved. 1/20
Slide 2: Contents
Contents 1. Third-Quarter 2014 Topics 2. Overview of Third-Quarter 2014 Results Reference 1. Supplementary Information to Third-Quarter 2014 Results (Business Summary) 2. Sapporo Group’s Medium-Term Management Plan 2014 - 2016 Copyright, 2014 SAPPORO HOLDINGS LTD. All rights reserved. 2/20
Slide 3: 1. Third-Quarter 2014 Topics
1. Third-Quarter 2014 Topics Copyright, 2014 SAPPORO HOLDINGS LTD. All rights reserved. 3/20
Slide 4: Third-Quarter 2014 Topics (1): Japanese Alcoholic Beverages
Third-Quarter 2014 Topics (1) Japanese Alcoholic Beverages Jan-Sep cumulative: Sales volume of beer and beer-type beverages (beer, happoshu and new genre) up 3% yoy (total demand down 2% yoy) ”Goku Zero,” which was re-launched in July, continued to show strong sales, and beer and beer-type beverag
Slide 5: Third-Quarter 2014 Topics (2): International Business
Third-Quarter 2014 Topics (2) International Business North America SLEEMAN Net Sales (before elimination of inter-company transactions) in Local Currency (Jan-Sep) SLEEMAN (Canada) （Jan-Sep) Despite sales declining amid intensifying price competition of best-value products, Unit sales (YoY) 2013 2
Slide 6: Third-Quarter 2014 Topics (3): Food & Soft Drinks
Third-Quarter 2014 Topics (3) Food & Soft Drinks POKKA SAPPORO Food & Beverages Ltd., into its second year after integration: Sales increased slightly, while operating income was more or less at previous year’s level Apr 14: Green Shower •Domestic soft drinks sales declined 3% yoy due to the bad w
Slide 7: Third-Quarter 2014 Topics (4): Restaurants
Third-Quarter 2014 Topics (4) Restaurants Jan-Sep sales at existing outlets were same as previous year (excluding the Ginza 5-chome and Shiｍbashi restaurants which were closed for building reconstruction) Sales for all outlets declined as key restaurants in Ginza and Shiｍbashi suspended operations
Slide 8: Third-Quarter 2014 Topics (5): Real Estate
Third-Quarter 2014 Topics (5) Real Estate Activities to enhance the value of existing properties Yebisu Garden Place •Enhance the value of existing properties through renovation to realize fair value for existing real estate Yebisu Garden Place Efforts to enhance the value and improve profitabil
Slide 9: Third-Quarter 2014 Topics (6): Strategic Investments and Credit Ratings
Third-Quarter 2014 Topics (6) Implementation Status of Strategic Investments (Including Ordinary Capex, on a cash basis) Credit Ratings <Capital expenditure and lease fees> <Credit rating by JCR> Consolidated total: Approx. ¥16.9 bn Property, plant and equipment, intangible assets, lease fees, etc
Slide 10: 2. Overview of Third-Quarter 2014 Results
2. Overview of Third-Quarter 2014 Results Copyright, 2014 SAPPORO HOLDINGS LTD. All rights reserved. 10/20
Slide 11: Overview of Third-Quarter 2014 Results
Overview of Third-Quarter 2014 Results YoY changes (billions of yen) 2013 3Q 2014 3Q Net sales: up YoY (amount, %) ・ Japanese Alcoholic Beverages: sales increased, as Japanese Alcoholic sales volume of beer and beer-type beverages rose Beverages 195.3 204.0 8.7 4.5% from the beginning of the year
Slide 12: Reference 1: Supplementary Information to Third-Quarter 2014 Results
Reference 1: Supplementary Information to Third-Quarter 2014 Results (Business Summary) For information on the profitability of each business, please see the Supplementary Information to our Earnings Report. Copyright, 2014 SAPPORO HOLDINGS LTD. All rights reserved. 12/20
Slide 13: Japanese Alcoholic Beverages
Japanese Alcoholic Beverages *Incl. liquor taxes (billions of yen) YoY change Results highlights 2013 3Q 2014 3Q Amount % Net sales increased year over year, as total sales volumes for beer and beer-type beverages rose 3% and sales of wine, shochu and RTD also Net sales* 195.3 204.0 8.7 4.5% exceede
Slide 14: International
International (billions of yen) YoY change Results highlights 2013 3Q 2014 3Q Amount % Sales volume recovered to the previous year’s level, though they declined on a local currency basis due to intensifying competition Net sales 36.2 37.0 0.7 2.2% in Canada and the impact of the cold wave in the U.S
Slide 15: Food & Soft Drinks (1)
Food & Soft Drinks (1) (billions of yen) YoY change Results highlights Into the second year of the integration, net sales exceeded the 2013 3Q 2014 3Q Amount % previous year's level, as the overseas soft drinks business increased significantly while those of the domestic food and Net sales 95.9 97.6
Slide 16: Restaurants
Restaurants Results highlights (billions of yen) Net sales declined, although comparable-store sales showed signs of recovery at 100.1% in the nine months through September. This is mainly attributable to the fact that key restaurants in Ginza and YoY change Shimbashi suspended operations for long p
Slide 17: Real Estate
Real Estate (billions of yen) Results highlights YoY change Both sales and profits declined year over year due to a decline in rents resulting from reconstruction of Sapporo Ginza Building 2013 3Q 2014 3Q Amount % *The property portfolio largely comprises the following properties in Tokyo (5 central
Slide 18: Reference 2: Sapporo Group's Medium-Term Management Plan 2014-2016
Reference 2: Sapporo Group’s Medium-Term Management Plan 2014-2016 *2014 targets have been revised among the figures announced on February 12, 2014. (Revision of 2014 targets: only net income and figures that are affected by the change to net income) Copyright, 2013 SAPPORO HOLDINGS LTD. All rights
Slide 19: 2014-2016 Targets Based on Current Businesses
2014-2016 Targets Based on Current Businesses With revised 2014 targets Medium-Term Management Plan 2014 targets 2016 New 2006 results 2013 results 2015 targets 2016 targets Management (revised) Framework Consolidated net sales ¥435.0 bn ¥509.8 bn ¥537.7 bn ¥563.0 bn ¥595.0 bn ¥600.0 bn *incl. liquo
Slide 20: As an intrinsic part of people's lives, Sapporo will contribute to the evolution of creative, enriching and rewarding lifestyles
As an intrinsic part of people's lives, Sapporo will contribute to the evolution of creative, enriching and rewarding lifestyles. The earnings forecasts and forward-looking statements appearing in this document were prepared by the SAPPORO Group based on currently available information and its best