Kirin Holdings Co. Ltd. · TSE:2503
Kirin — FY2009 Earnings Presentation
26 slides from Kirin's earnings presentation, Feb 10, 2010
Slide 1: 2009 Financial Results, Fiscal Year Ended December 31, 2009
2009 Financial Results Fiscal Year Ended December 31, 2009 February 10, 2010 Kirin Holdings Company, Limited
Slide 2: Contents
Contents Overview of Financial Results for 2009 ‐ Review of Consolidated Financial Results ‐ Results by Segment ‐ Highlights for Individual Segments and Group Companies 2010 Forecasts ‐ Forecast of Consolidated Results ‐ Forecasts by Segment ‐ Summary of Initiatives for Individual Segments and Gro
Slide 3: Overview of Financial Results for 2009
Overview of Financial Results for 2009 3
Slide 4: Review of Consolidated Financial Results for 2009
Review of Consolidated Financial Results for 2009 -- Ordinary Ordinary income income reached reached aa record record high high (144.6 (144.6 billion billion yen, yen, up up 40.3% 40.3% year-on-year) year-on-year) despite despite the the difficult difficult business business climate. climate. Net Ne
Slide 5: 2009 Results by Segment
2009 Results by Segment Alcohol Beverages: Sales and Earnings Down SD&F: Sales and Earnings Up （＋） （－） （＋） （－） - Strong sales by Kirin Brewery - Effects from changes in - Stabilization of Australian dairy ・Deterioration of the domestic accounting standards and prices, consolidation of DF1, competiti
Slide 6: 2009 Highlights for Individual Segments and Group Companies: Alcohol Beverages
2009 Highlights for Individual Segments and Group Companies Alcohol Beverages ● Kirin Brewery ■ Beer, Happo-shu and New Genre achieved sales above the industry average Strong support from customers Strong Sales of Shin Ichiban Shibori Strong sales of Tanrei series Nodogoshi Nama achieves record on
Slide 7: 2009 Highlights: Soft Drinks and Foods
2009 Highlights for Individual Segments and Group Companies ● Kirin Beverage Measures to Increase Brand Value with a Focus on Major Brands Thailand, Vietnam Launched new products FIRE Gogono Kocha tailored to market needs Soft Drinks and Foods Domestic Overseas 10th anniversary of New and revamped l
Slide 8: 2010 Forecasts
Shtexee KIRIN 2010 Forecasts
Slide 9: 2010 Consolidated Forecast
2010 Consolidated Forecast ・・ The The nine-month nine-month fiscal fiscal year year for for the the Australian Australian soft soft drinks drinks and and foods foods business business will will have have an an impact, impact, but but aa double-digit double-digit increase increase in in earnings earn
Slide 10: 2010 Forecasts by Segment
2010 Forecasts by Segment Alcohol beverages: Sales and Earnings Up SD&F: Sales Down, Earnings Up （＋） （－） （＋） （－） ＋ Lower domestic selling - Addition of new LN2 ＋ Lower domestic selling costs -Nine-month fiscal year by costs and reduced materials goodwill and reduced materials costs, NFL3 costs, stro
Slide 11: Summary of 2010 Initiatives: Alcohol Beverages
Summary of 2010 Initiatives for Individual Segments and Group Companies Alcohol Beverages ● Kirin Brewery ■ Continue measures for three strategic issues: (1) Strengthen core brands; (2) Improving our response to consumer health consciousness; (3) Increasing overall demand (1) Reinforce core brands s
Slide 12: Summary of 2010 Initiatives: Soft Drinks and Foods, Pharmaceuticals
Summary of 2010 Initiatives for Individual Segments and Group Companies Soft Drinks and Foods ● Kirin Beverage ● Kirin Kyowa Foods Additional efforts to create strong brands Rebuild competitiveness ・・ Develop Develop value value proposal proposal marketing marketing and and build build marketing m
Slide 13: 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. 13
Slide 14: Appendices
Shtexee KIRIN Appendices
Slide 15: Kirin Group Structure (as of February 2010)
15 KirinBusiness Kirin BusinessSystem System Kirin Real Kirin Real Estate Estate Kirin Business Kirin Business Expert Expert Functionally separate companies Kamakura Kam Kaihin Hotel, akura Kaihin Hotel,Kirin KirinEcho, Echo, YokohamaAkarenga, Akarenga,Yokohama YokohamaArena Arena Oth er Yokohama Ot
Slide 16: Lion Nathan National Foods (LNNF)
Lion Nathan National Foods (LNNF) Ⅱ． Profit 2009 results and 2010 forecasts by segment*3 Ⅰ． 2009 results and 2010 forecasts (Comparison with last year) ￥ billion 2009 2010 ￥ billion 2009/2008 Difference 2009/2010 Difference Net sales ４２２.６*1 ３８９.０*2 Alcohol (７．４) (３.０) revenue beverages Operating ２９
Slide 17: San Miguel Brewery (SMB)
San Miguel Brewery (SMB) I. Results and Forecasts (incorporation into Kirin) 1. SMC is from October ￥billion １ 2008 to March 2009, SMB 2009 Consolidated Net Income 2010 Consolidated Net Income Forecast ２ is from April 2009 to September 2009; SMB ＋0.5 ＋1.5 2. Forecasted currency SMC (0.6) ― exchange
Slide 18: Pipeline of Therapeutic Antibodies (as of January 2010)
Pipeline of Therapeutic Antibodies (as of January 2010) Overview of Development Pipeline Therapeutic Preclinical Ph I Ph II Area KW-0761(CCR4) U.S. (Ph I/IIa) Japan (Ph II) KRN330(A33) Cancer Ten Antibodies U.S. (Ph I/IIa) (eight BIW-8962(GM2) POTELLIGENT® U.S. (Ph I/IIa) antibodies, five KM-Mouse I
Slide 19: 2010 Cash Flows
2010 Cash Flows Controls Controls on on capital capital investment investment and and asset asset liquidation liquidation has has resulted resulted in in repayment repayment ofof interest- interest- bearing bearing liabilities, liabilities, setting setting the the stage stage for for aa quantum quan
Slide 20: Amortization of goodwill, etc. for FY2010
Amortization of goodwill, etc. for FY2010 Total ①＋②＋③ Billion yen Year of ①＋② Brand investment Kirin HD Investment Goodwill Amortizati Balance Year Amortizati Balance Year Amortizat Balance Year on ① remaining Remaining on ② remaining Remaining ion ③ remaining Remaining Total: Arising before 2006 (Ａ
Slide 21: Change in accounting periods
Change in accounting periods ●FY2008 FY2007 FY2008 Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Kirin HD Kirin Pharma Kyowa Hakko Kyowa Hakko Kirin Lion Nathan National Foods San Miguel ●FY2009 FY2008 FY2009 Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Kirin HD
Slide 22: Impact of foreign exchange (Australian dollar)
Impact of foreign exchange (Australian dollar) Impact Impact of of changes changes in in foreign foreign exchange exchange (AU (AU $) $) on on operating operating results results (compared (compared to to previous previous fiscal fiscal year) year) 2009 2010 (Billion yen) Actual Forecast Sales (109.
Slide 23: Supplemental Information to Financial Reports (excerpts)
Supplemental Information to Financial Reports (excerpts) 23
Slide 24: R&D Pipelines
R&D Pipelines Phase II, Phase III (As of January 2010) Stage Code name/ Category Other Indication Formulation In-house or licensed Remarks Product name Japan countries Humanized monoclonal antibody Phase Ⅰ/Ⅱa Cancer (The exclusive right to develop and commercialize for treatments KW-0761 Phase Ⅱ i
Slide 25: R&D Pipelines
R&D Pipelines Phase II, Phase III (As of January 2010) Stage Code name/ Category Indication Formulation In-house or licensed Remarks Product name Japan Other countries Filed in USA KW-6002 Phase III Parkinson's disease Oral In-house Apr/2007 CNS Licensed from Britannia KW-6500 Phase III Parkinson'
Slide 26: R&D Pipelines
R&D Pipelines Phase I (As of January 2010) Stage Code name/ Category Other Indication Formulation In-house or licensed Remarks Product name Japan countries Fully human monoclonal Immunology/ antibody ASKP1240 Phase I Organ Transplant Rejection Injection In-house Allergy Developed with Astellas. Ph
Kirin Holdings Company — FY2009 Earnings Presentation on 6ix