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Financial results presentation2587Suntory Beverage & Food LimitedFood

Financial Results Briefing for the First Quarter of Fiscal 2023

In the first quarter of fiscal 2023, revenue, operating profit and profit for the quarter attributable to owners of the parent exceeded the year-earlier period. Japan, Europe and the Americas reported higher revenue and profit, while APAC also recorded higher revenue and profit, although APAC segment profit decreased on a constant-currency basis.

Worth reading
54Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
47
Year-on-year increase in operating income (¥100 million)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentation2023年度 第1四半期（1-3月）6 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,372 100 million+13.9%
Operating profit¥264 100 million+22.0%
Net income¥146 100 million+18.1%
Results for the three months of the current quarter
Revenue
¥3,372 100 million
Operating profit
¥264 100 million
Quarterly profit attributable to owners of the parent
¥146 100 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Revenue+¥11.8 billion
  • Cost of sales-¥3.2 billion
  • 為替・原材料市況▲63億円
  • Promotional and advertising expenses-¥1.3 billion
  • OtherDown ¥100 million
  • 販売数量増減の影響+¥1.9 billion
  • 活動・構成の影響+¥6.8 billion
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • 130 Yen/dollar
    AssumptionsU.S. dollar/yen exchange rate
  • 141 JPY/EUR
    Assumptionsユーロ円レート
  • 160 Yen/GBP
    Assumptions英ポンド円レート
  • 98 円／シンガポールドル
    Assumptionsシンガポールドル円レート
  • 3.9 円／タイバーツ
    Assumptionsタイバーツ円レート
  • 0.01 円／ベトナムドン
    Assumptionsベトナムドン円レート
  • 84 円／ニュージーランドドル
    Assumptionsニュージーランドドル円レート
  • ¥91 /Australian dollar
    Assumptions豪ドル円レート
New initiatives
  • コアブランドイノベーションの推進
  • 日本でのコアブランド集中活動
  • 炭酸・非炭酸カテゴリーの活動強化
  • Gatoradeの販路拡大
  • BRAND'S Essence of Chickenの活動強化
Key KPIsA metric the company considers important as a management benchmark.
  • Japan beverage market100 Year-on-year %
  • Japan sales volume103 Year-on-year %
  • Share of the Japanese marketExpansion
    Year on year against the same period last yearExpansion
  • Suntory Natural Water sales volume102 Year-on-year %
    Year on year against the same period last year+102.0%
  • BOSS sales volume102 Year-on-year %
    Year on year against the same period last year+102.0%
  • GREEN DA・KA・RA sales volume110 Year-on-year %
    Year on year against the same period last year+110.0%
  • TEA+販売数量108 Year-on-year %
    Year on year against the same period last year+108.0%
  • Sting販売数量132 Year-on-year %
    Year on year against the same period last year+132.0%
  • Oasis販売数量122 Year-on-year %
    Year on year against the same period last year+122.0%
  • Schweppes販売数量113 Year-on-year %
    Year on year against the same period last year+113.0%
Segment results
Japan
Revenue
¥1,458 100 million+8.8%
Segment profit
¥36 100 million+39.0%
APAC
Revenue
¥899 100 million+11.9%
Segment profit
¥118 100 million+2.9%
Europe
Revenue
¥686 100 million+23.0%
Segment profit
¥104 100 million+43.5%
Americas
Revenue
¥329 100 million+27.2%
Segment profit
¥37 100 million+22.0%
Market Size / Share
日本飲料市場 前年比100%（推定）
ShareMarket Share Expansion
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period Covered2023年度 第1四半期（1-3月）
Net Sales¥3,372 100 million (YoY +13.9%)
Operating profit¥264 100 million (YoY +22.0%)
Net income¥146 100 million (YoY +18.1%)
Results for the three months of the current quarterRevenue ¥3,372 100 million / Operating profit ¥264 100 million / Quarterly profit attributable to owners of the parent ¥146 100 million
Segment resultsJapan Revenue ¥1,458 100 million (YoY +8.8%) / Segment profit ¥36 100 million (YoY +39.0%) / APAC Revenue ¥899 100 million (YoY +11.9%) / Segment profit ¥118 100 million (YoY +2.9%) / Europe Revenue ¥686 100 million (YoY +23.0%) / Segment profit ¥104 100 million (YoY +43.5%) / Americas Revenue ¥329 100 million (YoY +27.2%) / Segment profit ¥37 100 million (YoY +22.0%)
Breakdown of Factors Affecting the ChangeFactors Revenue / Amount +¥11.8 billion, Factors Cost of sales / Amount -¥3.2 billion, Factors 為替・原材料市況 / Amount ▲63億円, Factors Promotional and advertising expenses / Amount -¥1.3 billion, Factors Other / Amount Down ¥100 million, Factors 販売数量増減の影響 / Amount +¥1.9 billion, Factors 活動・構成の影響 / Amount +¥6.8 billion
Key KPIsIndicator name Japan beverage market / Value 100 Year-on-year % / Year on year against the same period last year Not disclosed, Indicator name Japan sales volume / Value 103 Year-on-year % / Year on year against the same period last year Not disclosed, Indicator name Share of the Japanese market / Value Expansion / Year on year against the same period last year Expansion, Indicator name Suntory Natural Water sales volume / Value 102 Year-on-year % / Year on year against the same period last year 102 Year-on-year %, Indicator name BOSS sales volume / Value 102 Year-on-year % / Year on year against the same period last year 102 Year-on-year %, Indicator name GREEN DA・KA・RA sales volume / Value 110 Year-on-year % / Year on year against the same period last year 110 Year-on-year %, Indicator name TEA+販売数量 / Value 108 Year-on-year % / Year on year against the same period last year 108 Year-on-year %, Indicator name Sting販売数量 / Value 132 Year-on-year % / Year on year against the same period last year 132 Year-on-year %, Indicator name Oasis販売数量 / Value 122 Year-on-year % / Year on year against the same period last year 122 Year-on-year %, Indicator name Schweppes販売数量 / Value 113 Year-on-year % / Year on year against the same period last year 113 Year-on-year %
Assumptions Underlying the Business OutlookAssumptions U.S. dollar/yen exchange rate / Value 130 Yen/dollar, Assumptions ユーロ円レート / Value 141 JPY/EUR, Assumptions 英ポンド円レート / Value 160 Yen/GBP, Assumptions シンガポールドル円レート / Value 98 円／シンガポールドル, Assumptions タイバーツ円レート / Value 3.9 円／タイバーツ, Assumptions ベトナムドン円レート / Value 0.01 円／ベトナムドン, Assumptions ニュージーランドドル円レート / Value 84 円／ニュージーランドドル, Assumptions 豪ドル円レート / Value ¥91 /Australian dollar
Market Size / ShareMarket Size 日本飲料市場 前年比100%（推定） / Share Market Share Expansion
New initiativesコアブランドイノベーションの推進, 日本でのコアブランド集中活動, 炭酸・非炭酸カテゴリーの活動強化, Gatoradeの販路拡大, BRAND'S Essence of Chickenの活動強化
Items this document does not state (19)
Ordinary incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

販売数量の伸長、PET製品などの価格改定、主要ブランドの好調、堅調な需要、販路拡大、増収およびコストマネジメントが増益に寄与した。一方、原材料高、円安、人件費増、インフレの影響も記載されている。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results Briefing for the First Quarter of Fiscal 2023 | Suntory Beverage & Food Limited (2587) timely disclosure | Komori