Nissin Foods Holdings Co., Ltd. · TSE:2897
Nissin Foods — Q3 FY3/2021 Earnings Presentation
19 slides from Nissin Foods's earnings presentation, Feb 4, 2021
Slide 1: Financial Results for FY 3/2021 3Q
Financial Results for FY 3/2021 3Q Announced on February 4, 2021 Stock Code: 2897
Slide 2: Executive Summary
1 Executive Summary Aim to strengthen the business base to achieve the goals of the Medium-Term Business Plan 2021 and further growth Domestic: • Advance DX (Digital Transformation) and seek to expand business operations with a product supply framework that is rock solid even under highly uncertain
Slide 3: FY 3/2021 3Q Results: Summary
2 FY 3/2021 3Q Results: Summary (bil. yen) FY 3/2021 FY 3/2020 3Q Changes in Changes in 3Q Results Amount Ratio Results Revenue 373.8 +25.8 +7.4% 348.0 Operating profit 49.9 +14.4 +40.6% 35.5 Profit attributable to owners of the parent 36.2 +10.6 +41.5% 25.6 OP margin 13.4% +3.2pt 10.2% Profit attri
Slide 4: Revenue Results by Segment
3 Revenue Results by Segment (bil. Yen) FY 3/2021 FY 3/2020 3Q Changes in Changes in 3Q Results Amount Ratio Results Instant noodles 182.9 +5.2 +2.9% 177.7 NISSIN FOOD PRODUCTS 154.9 +4.1 +2.8% 150.7 MYOJO FOODS 28.0 +1.0 +4.0% 26.9 Chilled and frozen foods 46.4 +3.5 +8.2% 42.9 Confectionery and bev
Slide 5: Revenue Contribution by Segment
4 Revenue Contribution by Segment (bil. yen) Impact Major Factors FY 3/2020 3Q NISSIN Cup type (+0%): CUP NOODLE, DONBEI and RAOH performed steadily. Revenue 348.0 FOOD +4.1 Bag type (+11%): CHICKEN RAMEN, DEMAE ICCHO and prime bag-type instant noodles products categories such as NISSIN KORE ZETTAI
Slide 6: Operating Profit Results by Segment
5 Operating Profit Results by Segment (bil. yen) FY 3/2021 FY 3/2020 3Q Changes in Changes in 3Q Results Amount Ratio Results Instant noodles 29.6 +4.8 +19.4% 24.8 NISSIN FOOD PRODUCTS 26.5 +4.1 +18.5% 22.4 MYOJO FOODS 3.0 +0.6 +27.0% 2.4 Chilled and frozen foods 3.0 +1.5 +104.6% 1.4 Confectionery a
Slide 7: Operating Profit Contribution by Segment
6 Operating Profit Contribution by Segment (bil. yen) Impact Major Factors FY 3/2020 3Q Operating profit 35.5 NISSIN +: Increased revenue mainly due to price revisions, unused selling expenses and advertising expenses, and decreased in general and administrative expenses. FOOD +4.1 - : Increased in
Slide 8: Major Factors for Difference in Operating Profit (Impact of Non-Recurring Income and Expenses)
7 Major Factors for Difference in Operating Profit (Impact of Non-Recurring Income and Expenses) (bil. yen) Difference in FY 3/2021 FY 3/2020 Difference in non-recurring Major factors of non-recurring 3Q 3Q operating profit income income and expenses Results Results and expenses NISSIN FOOD PRODUCTS
Slide 9: Analysis of Operating Profit: Consolidated (Domestic / Overseas)
8 Analysis of Operating Profit：Consolidated (Domestic / Overseas) (bil. yen) YoY change Decrease factors Increase factors Domestic +5.6 ◼ Revenue A: Revenue (Domestic) + Impact of price revisions, increase in sales, improvement in (including the impact of (Overseas) +3.3 selling expense ratio, etc.
Slide 10: Impact of the COVID-19
9 Impact of the COVID-19 Impact on business performance (FY 3/2021 3Q) In the entire NISSIN FOODS Group: Approx. 12.2 bil. yen impact on revenue ◼ Breakdown (Main segment) : DFｄｄ Revenue (bil. yen) 1Q 2Q (6 Months) 3Q (9 Months) Instant noodles 3.4 3.4 3.4 Chilled and frozen foods, confectionery 1.7
Slide 11: Revised Business Plan
10 Revised Business Plan Revised financial plan of FY 3/2021 (Announced on January 5, 2021) (bil. Yen) FY 3/2021 FY 3/2020 FY 3/2021 Revised Plan YoY Change vs. Initial Plan Results Initial Plan Revenue 500.0 +31.1 +6.6% +14.0 +2.9% 468.8 486.0 Operating profit 53.0 +11.7 +28.5% +9.5 +21.8% 41.2 43.
Slide 12: APPENDIX
APPENDIX
Slide 13: FY 3/2021 Domestic Business: Policy and Activities by Segment (1)
As of May 12, 2020 12 FY 3/2021 Domestic Business: Policy and Activities by Segment (1) NISSIN FOOD PRODUCTS Generate profit by solidifying core brands and create food culture by pursuing new added value ➢ Aiming for the fourth consecutive year of CUP NOODLE and the sixth consecutive year of record
Slide 14: FY 3/2021 Domestic Business: Policy and Activities by Segment (2)
As of May 12, 2020 13 FY 3/2021 Domestic Business: Policy and Activities by Segment (2) MYOJO FOODS Build new brands based on proprietary technology, strengthen core brands and contribute to health ➢ Develop new core brands making effective use of proprietary non-fried noodle technologies ➢ Strength
Slide 15: FY 3/2021 Domestic Business: Policy and Activities by Segment (3)
As of May 12, 2020 14 FY 3/2021 Domestic Business: Policy and Activities by Segment (3) Chilled and frozen foods/Confectionery and Beverages ➢ NISSIN CHILLED FOODS ➢ NISSIN FROZEN FOODS Aim to maintain sustainable business growth and create new markets Accelerate creation of a profit-centric busines
Slide 16: FY 3/2021 Overseas Business: Policy and Activities by Segment (1)
As of May 12, 2020 15 FY 3/2021 Overseas Business: Policy and Activities by Segment (1) The Americas ➢ U.S. ➢ Mexico Improve earnings structure and accelerate sales of premium • Offer new flavors under the CUP NOODLES and U.F.O. products • Strengthen brand recognition targeting young consumers • Imp
Slide 17: FY 3/2021 Overseas Business: Policy and Activities by Segment (2)
As of May 12, 2020 16 FY 3/2021 Overseas Business: Policy and Activities by Segment (2) Asia ➢ India ➢ Thailand • Expand sales of pivotal products CUP NOODLES and Top Ramen in the Expand investment for further growth domestic instant noodles business • Expand CUP NOODLES market share • Invest in pro
Slide 18: FY 3/2021 Overseas Business: Policy and Activities by Segment (3)
As of May 12, 2020 17 FY 3/2021 Overseas Business: Policy and Activities by Segment (3) EMEA ➢ Europe Further increase presence in growth markets (i.e. Asian noodles) • Roll out and enhance marketing with the new “Asian Blast” concept • Appeal to consumers with high added-value products (especially
Slide 19: stock shares. The comments and estimates in this document are based on the company’s
Information in this material is not intended to solicit sales or purchase of NISSIN FOODS HOLDINGS stock shares. The comments and estimates in this document are based on the company’s judgment at the time of publication and their accuracy is not guaranteed. They are subject to change without notice
Nissin Foods Holdings — Q3 FY3/2021 Earnings Presentation on 6ix