Yokorei Co. Ltd. · TSE:2874
Yokorei — Q2 FY2018 Earnings Presentation
29 slides from Yokorei's earnings presentation, May 31, 2018
Slide 1: FY2018 2nd Quarter Financial Results
#57 1#A(2018459 FHA) F20U+HRARAS
Slide 2: Table of Contents
EB 2—Table of Contents 1 2018479 A RA 20 ERK YR 1V.20184F9 AA Aa 1 .20184F9 AH S2EtRBS Vy Lear VSARPMESHH 2. LF AVE BE Growing Value 2020 3. HERE HEAR Re Hea 4, Fey s70—-HRE ARE 5. RERTORR SRESERAR IL.CSROM #4 VL PRES 2H ‘Raise BA 2
Slide 3: FY2018 2nd Quarter Topics
FY2018 2"¢ Quarter Topics
Slide 4: FY2018 2nd Quarter Topics
2018AH] B24 YW-A Hofseth Aqua ASO #7ERASASCHEES ENS > JIVJI—bO Dh Se SEASH WLS BIEE (2H AT) DASC ROR ANS + ASCHREIS #OLADAILIEL TH SN SMSCHEILO BIE hw * 2018F HITILS CO BIBIGMASCHAL LEGS PE RRA WRAY A —EBLaMMEOBRE : 20185F2A, RRAAMRIClW0a Fes eO—IRCLT | (RRB MALY S—l|eBL, TRIMAREA21,091bY : BRE LY M
Slide 5: FY2018 2nd Quarter Topics
2018AH] B24 YW-A hIy IPM RIL AT LS A Base - 201712, SF MY FIR A - MBLC Shy 7S MR BEHS - hy DEBE O BAF HW &SMSICLSbIY IR RBRE eH - SRIRRMRLY IAAP E J 5 — BI BIA Fei Rt RO FET - 2018473 A, — EIB BAL (1001 FA) & EAT - AIZBIL4F0.34%, RMB ITISAV IFA (BART HAA) ' BEREO StHETHS
Slide 6: FY2018 2nd Quarter Financial Summary
FY2018 2"¢ Quarter Financial Summary
Slide 7: Financial results summary
1 HRS LEW jae FEE F 46%, RAB 17.9% (Wit: 759) 17/09 18/009 WER 18/5A ane 820+ | (820M WRG SR SRB 7% cL. 79,167 82,780 3,612 4.6% 163,000 50.8% ms = FF Zt 3,160 2,593 A566 A179% 7,000 37.0% <= MM FA ZH 3,430 2,676 A753 A22.0% 7,000 38.2% PESWaiEne 1,976 1,644 As3z| -A16.8% 4,000 M1% 8, 000 6, 000 4,
Slide 8: Results by segment
27 ADEE MRBEFRISGNLGEA BRMEBRILIG/L I Ht (Mitt) ee BRA a 17/0938 18/0934 BSE IAAL 17/0938 18/0934 MS MME 2 | 2 reper eres 2 | 2 ea ES RAR 12,596 12,927 330 2.6% 3,065 3,221 156 5.1% BEARER | 66,540 69,824 3,283 49% 1,262 588| A673} A53.4% Eth 30 28 A1| A51% 28 27 AO A2.7% & it 79,167 82,780 3,612 46
Slide 9: Cold storage segment
27 AVENE RASS FEL 1292785 (AFR +3308 GF :2.6%18) EO 0 (=oRE) Teen Gi: BBD an iN 14,000 centeneeseeneenees Rc ccseesceseesceeedunnmannannanntessess 12, 596 md ee +10 12.00 | 20% goR he SRUDROKR ABRGRE 0.3% HMR 0.2% THRFER 2.0% ii SHLOTCEREA S44AALIMA = + 156 BAA 21.3% REARA +1098 1.8% i AML A 5084 12
Slide 10: Cold storage segment operating income
27 AVENE WRABSS BEE Fi) $5 : 3,221 BS (BSE RA + 156 9: 5.1 9s) eee EHR mR ($C REH) waemas “Sh >in (HA : BF) mim S438 + SID a Hit 3200 me 4, 221 i ic: 9, 065 soacn CD EECEEICCOCEOCCCCOC, AB 3m $0 eee cance eee ee ea eeeeeeeeeeeeeeceaeeseeeeaeanecnenseneeae *CLBAROFCERAA Feb mea : 308A Rig PRIA OMIA E
Slide 11: Food sales segment
27 AD WRE SaRTES Feb : 69,824 5 (A + 3,283 5 : 4.9938) (=G8 REA) 70, 000 40,000 | 30,000 { (Hifi : BA) 69, 024 | ene 820M 820+ BER ie Al, 104 KE RATE LIS 1035 Hit BEaADELR R-F E-2 11 RL ROTCHREA (A118 (A 24m
Slide 12: Food sales segment operating income
27 AVENE Bamtsz BE Fi) 35588 A (AERIAL A673 A : 53.4% mR) (GREER) (Ait : BD) kER 22m som wi +100 Ali2 Mun) 4,262 1200 5 1000 | 17/0991 18/0994 S26 EM
Slide 13: Balance sheet
3. HE Be ES fe et AR Be OD HS ak (SEL aE 17/00% 17/0984 | 18/09%4 RE ginen | sinen | me AMBRE | gomey | women | PRMD 64,040 78,436 14,396 || SERDAR 46,245 58,741 12,495 RAS 7,967 7,383 A583 REM 5,146 7,216 2,070 TEE 19,076 23,247 4,170 GMhAS *1 32,785 40,695 7,909 iad 25,954 36,222 10,268 || HE sae
Slide 14: Cash flow
4A-vry 17H AS (ia) (Bae) ==2CE REACE JY—CF @) 17/09A (18/098 13, 000 9, 000 5, 000 1, 000 | 2, 00 a= | -1, 000 | AO) Ag 45 “11,000 | A g45 -15, 000 / ALIN) Aiea AAI ( OM RCr O2—cF RSSMSMAMeMAs +2307 ( WHE ML MhRCAR +2448 = tet OA Asstt Fa OMBICF Les LMAO A138 aot Zz At Ps) ORRCF ( ABHERERRXH ACH) OR
Slide 15: Dividends
SARE IORR FH23A: RARER AS He RAt 16/0994 17/0994 18/0994 (FL 1k) RM RM FE A 10.0 10.0 10.0 AOR 10.0 10.0 13.0 a 20.0 20.0 (A) 16/0988 . 17/0994 18/09%8 am ae ES 15
Slide 16: III. CSR Activities
Slide 17: CSR activities
CSRORVUHAA E LOO SRR RR SRSSK 17
Slide 18: Earnings Forecast for the FY2018
Earnings Forecast for the FY2018 18
Slide 19: FY2018 full-year forecast
20187F9AK] wie Fc 630 BRAM “RPA (14:75 FA) 18/098} Pres. ta 17/09: an | 33 > al 17/11 BR ck 159,045 163,000 MRA 5,179 7,000 (MATER) (3.3%) (4.3%) eA 5,433 7,000 (EH ATER) (3.4%) (4.3%) RSHKTICWMTS 3,360 4,000 US SALE ’ ’ CITE) (2.1%) (2.5%) Po aTipt Balk 4,699
Slide 20: FY2018 forecast by segment
2018779 A wei e7A¢AVbEAl RLS BRA PR (Sit: 575 FA) 17/099] 18/0984 WAM 4 8 4 8 ea 7a | HSE eS Sp itm 25,331 25,884 552 2.2% BRA 5,695 6,004 308 5.4% We Bt SHED Le 133,655 137,077 3,421 26% BRA 1,904 3,643 1,738
Slide 21: V. 6th Medium-term Management Plan
Slide 22: Growing Value 2020
冷蔵倉庫事業 食品販売事業 『食料資源の開発と 『マーケットインに 食プロデュースによる 応える物流の提供』 安定供給構造の構築』 中計を支える経営基盤 Growing Value 働き方改革･イ 2020 ンクルージョ 強固な 戦略的ICT ン(共働力)によ 財務基盤 の構築 る深化
Slide 23: Medium-term plan numerical targets
BRTRRASH SARPMRAHA ik FE (2020479 F Hi) EAR Ra“ —ZA) + #& 1,800 ROE 6. 0968 — Meese | SSIRF] EBITOA 1200877 — ATP at AHH (AFD) BAe EM SHER wine (17/0934) (20/0994) ite 1,590 1,800 BRA 51 85 2 Fl ht 54 85 4 aE 33 53 ROE 5.2% 6.0%E EBITDA 98 130 BALE 39.4% 40%6EL.E 23
Slide 24: VI. Source Book
Slide 25: Quarterly data by segment
RAR TRARSR SRR MAAR ere imiaey te BE BANA moon | eee |e ee KER Don oe aaa (oon Ci Bem 128 1,095 1,055 A40 A3.7% | a L4 190 208 18 Bee SER (Vx?) (9.4%) (9.6%) (0.2p) Be m128Th 2,016 2,159 143 7.1% RES, ay fon we ren ARES Aem@128 661 651 A10 AIL4 207 226 19 RE B (Vz?) (9.3%) (10.0%) (0.7p) Be m128Th 2
Slide 26: Quarterly data by segment
RAR TRARSR ARR MAR ARERRH ey rnmsaes) 17/0984 18/0984 ERM RARER 820+ 204M Se er 4 3aL4 493 476 A17 ner KER (Vz?) (14.7%) (13.9%) (A0.8p) . Bem128Th 3,364 3,419 55 1.6% AAL4 430 433 3 ag SER (Vz?) (11.3%) (10.6%) (A0.7p) . Be m12aTh 3,789 4,074 285 7.5% AAL4 502 515 123 aga RES (Vz?) (30.5%) (31.6%)
Slide 27: Quarterly data by segment
RAR TRARSR FS MAB Aes pimsiaes) 17/091 18/09%] WAM SRREMAR oem RH om emRt am mek re 14,379 13,082 A1,297 A9.0% Hit 13,643 11,585 A2,058 A15.1% tn 5,522 5,461 A61 A1.1% +7 9,582 9,934 352 3.7% ry 4,659 3,385 A1,274 A27.3% Eat 117,435 103,191 A14,244 A12.1% R-2 54,189 57,377 3,188 5.9% FL 66,497 77,87
Slide 28: Segment data
RAS Rance S2R85 TLRS: SH: Bice) ; 17/09%) 209348 18/0088 20334 N8 ERIM SRSG ue | em | wm | oe | om | om | oe | em |e ee 22,376) 10,676 477 18,860 9,511 504) A3,516) A1,165) 27 Fx 9,709) 2,803} 288) 10,296 3,032! 294 587 229 6 e-—7 2,492) 1,888) 757) 1,835) 1,669) 909 A657 A219) 152, eR 12,655) 10,93
Slide 29: Cautionary notes and contact
ABA Oe SR ARAM SN THSABISE OMIA tD CHY, BRORMES IAT SAMI Cis, FRRGARESAELO ECHR ESL. BHWSHeEE MRPRALSH LAIRBSR BA KI TEL : 045-210-0011 E-mail: Daisuke.Suzuki@yokorei.co,j URL: http://www.yokorei.co,j