Sapporo Holdings Limited · TSE:2501
Sapporo — H1 2010 Earnings Presentation
16 slides from Sapporo's earnings presentation, Aug 2, 2010
Slide 1: Sapporo Group First Half 2010 Results Presentation
2010 Sapporo Group First Half 2010 Results Presentation August 2, 2010 Sapporo Holdings Ltd. URL http://www.sapporoholdings.jp/english/ Copyright 2010 SAPPORO HOLDINGS LTD. All rights reserved.
Slide 2: Agenda
Agenda Overview of First Half 2010 Business Results and 2010 Earnings Forecasts I. Overview of First-Half 2010 Business Results II. Operating Results by Segment III. 2010 Earnings Forecasts by Segment IV. Key Issues *Reference Material: Data on our Real Estate segment *These materials contain forwar
Slide 3: I. Overview of First-Half 2010 Business Results
I. Overview of First-Half 2010 Business Results Copyright 2010 SAPPORO HOLDINGS LTD. All rights reserved. 2/15
Slide 4: Overview of First Half 2010 Business Results
Overview of First Half 2010 Business Results Net sales, operating income, Business Results over Operating income, EBITDA, ordinary income, and net income ordinary income, and net income the Last Five Years (Year-on-year) (Billions of yen) 2010 initial 2009 2010 2009 2010 (Billions of yen) Jan - Mar
Slide 5: II. Operating Results by Segment
II． Operating Results by Segment *Please refer to the following document for our February projections and targets for each business segment: http://www.sapporoholdings.jp/english/ir/report/fs/pdf/200912_presentationmaterials.pdf http://www.sapporoholdings.jp/english/ir/report/fs/pdf/200912_presentat
Slide 6: Alcoholic Beverages (Japan)
Alcoholic Beverages (Japan) Financial highlights ¥1 billion charge relating to new sales & logistics system (online from 2010) 1H 2006 1H 2007 1H 2008 1H 2009 1H 2010 YoY (%) Net sales 147.1 148.3 137.1 132.7 125.7 (6.9) Operating (0.1) (3.2) (2.9) (1.0) (0.0) (0.1) income Billions of yen Key poin
Slide 7: Alcoholic Beverages (Japan)
Alcoholic Beverages (Japan) Key points in business plan: progress on priority issues (1) Improved marketing of alcoholic beverages Strengthening of brand power through focused deployment of resources Yebisu brand Mugi to Hop 2010 monthly sales volume (YoY) - Yebisu brand total 2010 monthly sales v
Slide 8: Alcoholic Beverages (International)
Alcoholic Beverages (International) Financial highlights Billions of yen 1H 2006 1H 2007 1H 2008 1H 2009 1H 2010 YoY (%) Net sales 2.5 13.5 12.4 10.4 12.4 2.0 Operating 0.0 income 0.1 0.8 0.0 (0.1) (0.1) Key points in business plan: progress on priority issues (1) Growing our operations in the Nor
Slide 9: Alcoholic Beverages (International)
Alcoholic Beverages (International) Key points in business plan: progress on priority issues Expanding into the Vietnamese market (2) Entering Asian markets • Brewery construction began in July (with production scheduled to commence in autumn 2011) in preparation for local production and sales in
Slide 10: Soft Drinks and Food
Soft Drinks and Food Changes to sales accounting policies took effect in 2008 Billions of yen Financial highlights Sales incentives (discounts etc.) are now deducted from sales revenue 1H 2006 1H 2007 1H 2008 1H 2009 1H 2010 YoY (%) Net sales 26.7 24.1 18.1 14.8 14.7 (0.0) Operating 0.0 income (0.8)
Slide 11: Restaurants
Restaurants Financial highlights Billions of yen 1H 2006 1H 2007 1H 2008 1H 2009 1H 2010 YoY (%) Net sales 12.5 13.4 14.0 13.2 12.8 (0.4) Operating income (0.0) (0.1) (0.0) (0.4) (0.4) (0.0) Key points in business plan: progress on priority issues Cost reductions (1) Business reorganization • Tigh
Slide 12: Real Estate
Real Estate 15% (joint management) stake in Yebisu Garden Financial highlights Place sold in April 2008 Billions of yen 1H 2006 1H 2007 1H 2008 1H 2009 1H 2010 YoY (%) Net sales 10.9 11.8 11.7 11.1 11.3 0.2 Operating income 3.1 3.3 3.7 3.5 3.5 (0.0) Key points in business plan: progress on priorit
Slide 13: III. 2010 Full-year Earnings Forecasts
III. 2010 Full-year Earnings Forecasts Copyright 2010 SAPPORO HOLDINGS LTD. All rights reserved. 12/15
Slide 14: 2010 Full-year Earnings Forecasts
2009 Full-year Earnings Forecasts Full-year Earnings Forecasts Billions of yen Net sales, Operating income, Ordinary income, Net income Net sales, Operating income, EBITDA (Year-on-year) Billions of yen Net sales Operating income EBITDA 2010 full-year Full-year forecast by segment 2009 2010 Change 2
Slide 15: Transition to growth phase
IV. Key Issues Strategic 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 core products exis
Slide 16: Reference Material: Real Estate segment data
Reference Material Data on our Real Estate segment Billions of yen 2009 2010 2010 full-year Operating income YoY change 2009 full-year YoY change Jan－Jun Jan－Jun forecasts Real estate leasing Tokyo 23 wards 3.2 3.1 (0.0) 6.5 7.0 0.4 Other area 0.4 0.4 (0.0) 0.9 0.9 (0.0) Real estate leasing total 3.