Fuji Seal International, Inc. · TSE:7864
Fuji Seal International — FY2021 Earnings Presentation
28 slides from Fuji Seal International's earnings presentation, May 11, 2022
Slide 1: FY2021 Full Year Financial Results Supplementary Briefing Materials
FY2021 Full Year Financial Results Supplementary Briefing Materials Fuji Seal International, Inc. May 11, 2022 Copyright 2022 Fuji Seal Group
Slide 2: Table of Contents
Table of Contents Financial Results for FY2021 FY2022 Earnings Forecasts and Business Strategies ・Business Strategy for FY2022 ・Overview, Initiatives by Region, and Initiatives by Business ・ Profit Distribution Policy, Dividend Schedule and Dividend Forecast New Environmental Initiatives ・Supply of
Slide 3: FY2021 Financial Results (1) Consolidated Financial Results
FY2021 Financial Results (1) Consolidated Financial Results ⚫ Sales increased but profits declined compared to the previous fiscal year. ⚫ Sales, operating profit, and net profit exceeded the revised figures announced in February. Increase/Decrease FY2021 Vs. Announcement FY2020 FY2021 （February (Mi
Slide 4: FY2021 Financial Results (2) Net Sales by Region
FY2021 Financial Results (2) Net Sales by Region ⚫ Consolidated net sales increased year on year. By region (excl. forex impact), sales increased YoY in the Americas and decreased in Japan, Europe, and ASEAN. ～ FY2020 FY2020 FY2021 Year-on-year Full year 163,635 Excluding forex impact (Millions of y
Slide 5: FY2021 Financial Results (3) Net Sales by Region
FY2021 Financial Results (3) Net Sales by Region Year-on-year change FY2020 FY2021 Excluding forex (Millions of yen) Full year Full year Change Rate of change impact Rate of change Japan 92,990 92,305 △685 △0.7% - Shrink label 44,862 45,759 896 +2.0% - PS label 10,926 9,839 △1,086 △9.9% - Soft pouch
Slide 6: FY2021 Financial Results (4) Operating Profits by Region
FY2021 Financial Results (4) Operating Profits by Region ⚫ Profits declined in each region due to continuing hikes in raw material prices and other expenses, and a time lag in passing on price increases. ⚫ In Europe, operating profit fell sharply, partly due to the lump-sum booking of new IT system
Slide 7: FY2021 Financial Results (5) Non-operating Income (Expenses) and Extraordinary Income (Loss)
FY2021 Financial Results (5) Non-operating Income (Expenses) and Extraordinary Income (Loss) Year-on-year change FY2020 FY2021 [Non-operating income and non-operating expenses] (Millions of yen) Full year Full year Change (%) ● Cumulative 4Q forex losses of ¥35 million were recorded. (In the previou
Slide 8: FY2021 Financial Results (6) B/S
FY2021 Financial Results (6) B/S (Millions of yen) End of End of Rate of FY2020 FY2021 change Equity ratio 64.7% 66.5% +1.8pt Interest-bearing debt 12,377 12,520 +1.2% D/E ratio 12.0% 11.4% △0.6pt Foreign Currency USD 103.50 115.02 +11.1% Translation EUR 126.95 130.51 +2.8% Rate Major Points of Incr
Slide 9: FY2021 Financial Results (7) CF and Capital Expenditures and Depreciation
FY2021 Financial Results (7) CF and Capital Expenditures and Depreciation ■ Cash flow (Millions of yen) End of FY2020 End of FY2021 Breakdown of CF for the Fiscal Year under Review CF Period-start cash and deposits balance 11,342 21,549 Profits before income taxes +9449, Depreciation and amortizatio
Slide 10: Table of Contents
Table of Contents Financial Results for FY2021 FY2022 Earnings Forecasts and Business Strategies ・Business Strategy for FY2022 ・Overview, Initiatives by Region, and Initiatives by Business ・ Profit Distribution Policy, Dividend Schedule and Dividend Forecast New Environmental Initiatives ・Supply of
Slide 11: Business Strategy for FY2022
Business Strategy for FY2022 (1) Responsibility for supply as an essential business (construction of new model plants) ● Amid significant supply chain disruptions caused by the Corona crisis, the entire company responded to the crisis, having built better relationships of trust with customers and bu
Slide 12: FY2022 Earnings Forecast (1) Overview of Consolidated Results
FY2022 Earnings Forecast (1) Overview of Consolidated Results FY2022 Year-on-year change FY2021 Full year (Millions of yen) Full year (forecast) Change (%) Net sales 170,321 179,000 +8,678 +5.1% Operating profits 10,572 11,100 +527 +5.0% (Operating Profit Margin) (6.2%) (6.2%) ・Non-operating income
Slide 13: FY2022 Earnings Forecasts (2) Initiatives by Region
FY2022 Earnings Forecasts (2) Initiatives by Region Year-on-year change • Sales are expected to be about the same as the previous year. FY2022 FY2021 Full year Excluding forex • In order to significantly improve profitability in fiscal 2023, we (Millions of yen) Full year Rate of (forecast) Change c
Slide 14: FY2022 Earnings Forecasts (3) Initiatives by Business Segment
FY2022 Earnings Forecasts (3) Initiatives by Business Segment FY2021 FY2022 Year on Year change • As an industry leader, we will lead and (Millions of yen) Full year Excluding forex Full year Change Rate of change impact promote the development of environmentally (forecast) Rate of change friendly p
Slide 15: Construction of New Model Plants: Americas Region (New North Carolina Plant)
Business Strategy for FY2022 (1)Construction of New Model Plants: Americas Region (New North Carolina Plant) ● Building a Production System to Support Sustainable Growth in the Americas ⇒ Construction started in April 2021 and is scheduled to be completed in December 2022 New North Carolina Plant ◼
Slide 16: Construction of New Model Plants: Japan (Yamagata) and ASEAN (Prakasa)
Business Strategy for FY2022 (1) Construction of New Model Plants: Japanese Region (New Yamagata Plant), ASEAN Region (New Plant in Prakasa) ●A new model factory to change the total packaging service, which is our strength, to something with even higher added value: ■We will announce in a timely man
Slide 17: Introduction of Differentiated Products
Business Strategy for FY2022 (2) Introduction of Differentiated Products We plan to enter the primary container field by utilizing FSG's strong core technology. New products are scheduled to be announced at exhibitions after October this year. Copyright 2022 Fuji Seal Group 17
Slide 18: Policy on Profit Distribution, Scheduled Dividend for FY2021, and Dividend Forecast for FY2022
Policy on Profit Distribution, Scheduled Dividend for FY2021, and Dividend Forecast for FY2022 [Basic Policy on Profit Distribution] FY2021 FY2022 ⚫ Investment for continuous growth (technology development, human resource Scheduled Forecast development, capital investment, M&A) Cash ⚫ Targeting a co
Slide 19: Table of Contents
Table of Contents Financial Results for FY2021 FY2022 Earnings Forecasts and Business Strategies ・Business Strategy for FY2022 ・Overview, Initiatives by Region, and Initiatives by Business ・ Profit Distribution Policy, Dividend Schedule and Dividend Forecast New Environmental Initiatives ・Supply of
Slide 20: Supply of environmentally friendly products, activities to reduce environmental impact, and responses to new needs
Creating value Protecting value New needs Supply of environmentally friendly products, activities to reduce environmental impact, and responses to new changing needs Labels using recycled plastics Pouching of containers Examples ③ on page 24 Flexible Fuji Pouch Example ④ (page 25) Countermeasures ag
Slide 21: Countermeasures against Labelless: PS Label & Labeler for PET Bottles
New needs Countermeasures against Labelless: Example①: PS Label & Labeler for PET Bottles Suntory Beverage & Foods Asahi Soft Drinks Kirin Beverage <Label-less possibility> (Fuji Seal survey) Approx. 26 billion bottles/year (Domestic) 100% 80% 60% 40% 20% 0% Paper base material PET bottle In 2022 Ye
Slide 22: Renewable designs: RecShrink products increasing
Creating value Renewable designs: Example ②: RecShrink™ products increasing 30 Recyclable shrink label RecShrink™ Number of 25 25 products on the market ➡ (RecShrink™) labels into bottles 20 ● Steady sales expansion in the Americas. 25 products from eight companies are to be launched up to June 15 1
Slide 23: RecShrink labels into bottles: market share by region
Creating value Renewable designs: Example ②: RecShrink™ products increasing Recyclable shrink label ➡ (RecShrink™) labels into bottles Americas The market share is expanding for beverage PET containers. In the Americas, the market share has expanded to nearly 20%, and adoption has begun in Europe an
Slide 24: Labels using recycled plastics: Recycled PET label
Creating value Labels using recycled plastics: Example ③ Recycled PET label The UK introduced the Plastic Packaging Tax (Plastic Packaging Tax) in April 2022. Packaging materials that do not contain more than 30% recycled material are taxable and the tax amount is £ 200 per ton. Anticipating that th
Slide 25: Pouching of container: Flexible Fuji Pouch
Create valuing Pouching of container : Example ④ Flexible Fuji Pouch <Possibility of the market for environmentally friendly products> (Fuji Seal survey) Approx. 8 billion bottles/year (Domestic) 100% 80% 60% 40% 20% 0% Non-beverage 2022 20XX product bottles market Non-beverage product Fuji Pouch as
Slide 26: List of Environmental Reports Published in FY2021
List of Environmental Reports Published in FY2021 (Vol. 12 to Vol. 17) ・Environmental Report Vol. 17 CDP2021 Assessment Results and Greenhouse Gas Reduction Initiatives https://www.fujiseal.com/jp/csr/pdf/environmental_report_v17.pdf ・Environmental Report Vol. 16 Fuji Seal Group Receives "Advanced E
Slide 27: Our Vision
Our Vision Copyright 2022 Fuji Seal Group 27
Slide 28: 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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