Supplementary Briefing Material on Financial Results for the Fiscal Year Ended September 2021
November 12, 2021
Shinnihonseiyaku Co., Ltd.
Securities Code: 4931
First Section of the Tokyo Stock Exchange
© Shinnihonseiyaku Co., Ltd.
Summary of Financial Results for the Fiscal Year Ended September 2021
Page 1
© Shinnihonseiyaku Co., Ltd.
Fiscal Year
Ended
September
2021
Net sales | 33,899 million yen (up 0.5% year on year) |
Operating profit | 3,424 million yen (up 2.8% year on year) |
- Continued renewing record highs since listing on the stock exchange
- Cosmetics increased 1.4% year on year due to strong sales of new products and limited edition products by mail order.
- 4Q (July-September) exceeded the same period of the previous year due to the promotion of new acquisitions and the entry into wellness food.
- Profit increased thanks to the optimization of advertising expenses with importance placed on investment efficiency and the progress in cost-efficiency improvement measures.
Fiscal year
ending
September
2022 Plan
Net sales | 37,000 million yen (up 8.1% year on year*) |
Operating profit | 3,095 million yen (down 9.6% year on year*) |
- As the first year of the Medium-Term Management Plan, we placed importance on growth investment in brands to be developed and development of new business and aimed to build the foundation that grew the top line.
- Expand store channels centered on drugstores.
- Push forward with cost structure reforms, such as efficiency improvement measures for better earnings power.
Medium-Term Management Plan "VISION2025" was announced | |
Growth | ◼ Engaged in addressing medium-term key issues and strengthening the management structure to realize the long- |
Strategy | term vision. |
- Aim at net sales of 50,000 million yen in 2025 by broadening and reinforcing the business portfolio.
*: Compared with the results for the fiscal year ended September 2021, when the new revenue recognition standards were adopted
INDEX
1
2
3
Page 2
© Shinnihonseiyaku Co., Ltd.
Summary of Financial Results for the Fiscal Year Ended September 2021
Business Overview
Plan for the Fiscal Year Ending
September 2022
APPENDIX
1. Summary of Financial Results for the Fiscal Year Ended September 2021
Summary of Financial Results | Page 4 |
*The Company has shifted to consolidated financial results since the third quarter of the fiscal year ending September 2021. | © Shinnihonseiyaku Co., Ltd. |
◼ Cosmetics sales were 1.4% higher than the previous fiscal year due to rises in unit prices in the mail order sales channel, although the sales results fell short of the plan as advertising investment was optimized and a recovery in the store channel was delayed.
◼ Healthcare finished as planned in general due to the entry to wellness food although Healthcare sales were down from the previous fiscal year, resulting from a reduction in advertising investment.
◼ Profits at each stage increased due to the optimization of advertising expenses and the reduction of operating expense through placing importance on investment efficiency.
FY ended Sept. 2021 | Year-on-year comparison | Comparison | |||||
Items | FY ended Sept. | ||||||
2020 | Plan | Results | Changes | Changes (%) | against plan | ||
(non-consolidated) | (consolidated) | (consolidated) | |||||
Net sales | 33,728 | 35,000 | 33,899 | +171 | +0.5% | -1,100 | |
Cosmetics | 31,098 | 32,539 | 31,521 | +423 | +1.4% | -1,017 | |
Healthcare | 2,630 | 2,460 | 2,378 | -252 | -9.6% | -82 | |
Operating profit | 3,329 | 3,500 | 3,424 | +94 | +2.8% | -75 | |
Ordinary profit | 3,283 | 3,460 | 3,414 | +130 | +4.0% | -45 | |
Ordinary profit rate | 9.7% | 9.9% | 10.1% | 0.4pt | ー | 0.2pt | |
Profit | 2,122 | 2,300 | 2,317 | +195 | +9.2% | +17 | |
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