Kirin Holdings Co. Ltd. · TSE:2503
Kirin — Corporate Update (December 2015)
8 slides from Kirin's corporate update, Dec 21, 2015
Slide 1: Impairment Loss Incurred by Brasil Kirin and Revision of Consolidated Forecast for the Fiscal Year Ending December 2015
Impairment Loss Incurred by Brasil Kirin and Revision of Consolidated Forecast for the Fiscal Year Ending December 2015 December 21, 2015 Kirin Holdings Company, Limited 1
Slide 2: Summary
Summary Impairment Loss Incurred by Brasil Kirin • Downward revision of full-year forecast of Brasil Kirin’s operating income for the year • Changes in the environment since the time of acquisition, decrease in sales volume Revision of Consolidated Forecast Copyright © KIRIN HOLDINGS COMPANY, LIMITE
Slide 3: Downward revision of full-year forecast of Brasil Kirin's operating income
Downward revision of full-year forecast of Brasil Kirin’s operating income • An increase in costs is estimated partly because Brasil Kirin has been conducting the pricing strategy and sales activity in response to the trend of consumption and its competitors, and partly because loss reserves were co
Slide 4: Brasil Kirin's Impairment Loss
Brasil Kirin’s Impairment Loss • Audits are currently ongoing, but impairment losses are expected to be incurred with regard revaluation of assets based on IFRS adopted in Brazil Projected Amount of Impairment Loss Approx. 3,881 M BRL (Approx. 141.2 B JPY) [Expectation at time of acquisition] [Reeva
Slide 5: Impact of Brasil Kirin's Impairment Loss on Consolidated Results
Impact of Brasil Kirin’s Impairment Loss on Consolidated Results • Impairment Losses of goodwill, and other assets will be incurred, but there will be no impact on cash flows for the year [IFRS] [J GAAP] Kirin Holdings Approx. 114.0 B JPY Impairment Loss in Impairment Loss Approx. 3,881 M BRL report
Slide 6: Revision of Consolidated Forecast for the Fiscal Year Ending December 2015
Revision of Consolidated Forecast for the Fiscal Year Ending December 2015 • Reflected the downward revision of the forecast of Brasil Kirin’s operating income for the year, etc. • No change to ordinary income due to the upward revision of equity in earnings or losses of affiliates • Report 114.0 B
Slide 7: This material is intended for informational purposes only
この資料は投資判断の参考となる情報の提供を目的としたものであり、投資勧誘を目的としたものではありません。 銘柄の選択、投資の最終決定は、ご自身の判断でなさるようにお願いいたします。 This material is intended for informational purposes only and is not a solicitation or offer to buy or sell securities or related financial instruments. 7
Slide 8: Appendix: Full-year Forecast of Brasil Kirin's Financial Results for the Year
Appendix: Full-year Forecast of Brasil Kirin’s Financial Results for the Year FY2015 Full year FY2014 full year YoY change FY2015 Full year YoY change Revised Forecast result (%) forecast at 3Q Yen BRL B JPY M BRL B JPY M BRL B JPY M BRL B JPY M BRL basis basis Sales 140.2 3,854 179.9 3,987 (39.7) (
Kirin Holdings Company — Corporate Update (December 2015) on 6ix