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Financial results presentation2587Suntory Beverage & Food LimitedFood

Financial Results Briefing for the Third Quarter of Fiscal 2023

For the cumulative third quarter of fiscal 2023, revenue increased, helped by favorable foreign exchange movements, and operating profit on an existing-business basis also increased. Segment profit in APAC declined, however, while the full-year forecasts for revenue, operating profit, operating profit on an existing-business basis and profit for the year were revised upward.

Worth reading
90Important
Scored from 4 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
1120
億円（売上収益の前年同期比増減額、為替込）
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentation2023年度 第3四半期6 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥11,934 100 million+10.4%
Operating profit¥1,168 100 million+1.6%
Net income¥672 100 million-1.3%
Results for the three months of the current quarter
Revenue
¥4,443 100 million+10.4%
Operating profit
¥479 100 million+38.6%
Quarterly profit attributable to owners of the parent
¥288 100 million+49.3%
Full-year earnings forecast
Revenue
¥16,000 100 million
Operating profit
¥1,400 100 million
Operating profit on an existing-business basis
¥1,420 100 million
Profit for the period attributable to owners of the parent
¥775 100 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
日本セグメント利益
2022年1-9月286億円
Revenue+425億円
Cost of sales-¥11.8 billion
為替・原材料市況-184億円
Promotional and advertising expenses-¥2.1 billion
Other-¥1.4 billion
2023年1-9月373億円
Gross profit
販売数量増減の影響+¥4.5 billion
活動・構成の影響+262億円
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
US dollars
2023年修正予想¥141
Euro
2023年修正予想¥152
British pound
2023年修正予想¥175
Singapore dollars
2023年修正予想¥105
Thai baht
2023年修正予想¥4
Vietnamese dong
2023年修正予想¥0.01
ニュージーランドドル
2023年修正予想¥86
Australian dollar
2023年修正予想¥93
New initiatives
  • コアブランドイノベーション
  • 日本でのコアブランド集中活動
  • APACでの販促活動・ブランド価値強化・RtM戦略
  • 欧州でのコアブランドイノベーション、RGM強化、サプライチェーン革新
Key KPIsA metric the company considers important as a management benchmark.
  • Total sales volume in the Japan business351 million cases
    Year on year against the same period last year+2.0%
  • 飲料市場販売数量（日本、当社推計）99 Year-on-year %
  • Suntory Natural Water sales volume108.6 million cases
    Year on year against the same period last year+6.0%
  • GREEN DA・KA・RA sales volume42.3 million cases
    Year on year against the same period last year+5.0%
  • 特定保健用食品および機能性表示食品販売数量29.6 million cases
    Year on year against the same period last year+25.0%
  • オアシス販売数量（フランス）256 million L
    Year on year against the same period last year+1.0%
  • ルコゼード販売数量（英国・アイルランド）331 million L
    Year on year against the same period last year+3.0%
Segment results
Japan
Revenue
¥5,387 100 million+8.6%
Segment profit
¥373 100 million+30.3%
APAC
Revenue
¥2,737 100 million+6.2%
Segment profit
¥323 100 million-31.0%
Europe
Revenue
¥2,609 100 million+13.0%
Segment profit
¥418 100 million+17.2%
Americas
Revenue
¥1,201 100 million+24.3%
Segment profit
¥151 100 million+20.2%
Market Size / Share
Japan beverage market
2023年1-9月販売数量前年比99 %
Share of the Japanese market拡大（数値Not disclosed）
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period Covered2023年度 第3四半期
Net Sales¥11,934 100 million (YoY +10.4%)
Operating profit¥1,168 100 million (YoY +1.6%)
Net income¥672 100 million (YoY -1.3%)
Results for the three months of the current quarterRevenue ¥4,443 100 million (YoY +10.4%) / Operating profit ¥479 100 million (YoY +38.6%) / Quarterly profit attributable to owners of the parent ¥288 100 million (YoY +49.3%)
Full-year earnings forecastRevenue ¥16,000 100 million / Operating profit ¥1,400 100 million / Operating profit on an existing-business basis ¥1,420 100 million / Profit for the period attributable to owners of the parent ¥775 100 million
Segment resultsJapan Revenue ¥5,387 100 million (YoY +8.6%) / Segment profit ¥373 100 million (YoY +30.3%) / APAC Revenue ¥2,737 100 million (YoY +6.2%) / Segment profit ¥323 100 million (YoY -31.0%) / Europe Revenue ¥2,609 100 million (YoY +13.0%) / Segment profit ¥418 100 million (YoY +17.2%) / Americas Revenue ¥1,201 100 million (YoY +24.3%) / Segment profit ¥151 100 million (YoY +20.2%)
Breakdown of Factors Affecting the Change日本セグメント利益 2022年1-9月 286億円 / Revenue +425億円 / Cost of sales -¥11.8 billion / 為替・原材料市況 -184億円 / Promotional and advertising expenses -¥2.1 billion / Other -¥1.4 billion / 2023年1-9月 373億円 / Gross profit 販売数量増減の影響 +¥4.5 billion / 活動・構成の影響 +262億円
Key KPIsIndicator name Total sales volume in the Japan business / Value 351 million cases / Year on year against the same period last year 2 million cases, Indicator name 飲料市場販売数量（日本、当社推計） / Value 99 Year-on-year % / Year on year against the same period last year Not disclosed, Indicator name Suntory Natural Water sales volume / Value 108.6 million cases / Year on year against the same period last year 6 million cases, Indicator name GREEN DA・KA・RA sales volume / Value 42.3 million cases / Year on year against the same period last year 5 million cases, Indicator name 特定保健用食品および機能性表示食品販売数量 / Value 29.6 million cases / Year on year against the same period last year 25 million cases, Indicator name オアシス販売数量（フランス） / Value 256 million L / Year on year against the same period last year 1 million L, Indicator name ルコゼード販売数量（英国・アイルランド） / Value 331 million L / Year on year against the same period last year 3 million L
Assumptions Underlying the Business OutlookUS dollars 2023年修正予想 ¥141 / Euro 2023年修正予想 ¥152 / British pound 2023年修正予想 ¥175 / Singapore dollars 2023年修正予想 ¥105 / Thai baht 2023年修正予想 ¥4 / Vietnamese dong 2023年修正予想 ¥0.01 / ニュージーランドドル 2023年修正予想 ¥86 / Australian dollar 2023年修正予想 ¥93
Market Size / ShareJapan beverage market 2023年1-9月販売数量前年比 99 % / Share of the Japanese market 拡大（数値Not disclosed）
New initiativesコアブランドイノベーション, 日本でのコアブランド集中活動, APACでの販促活動・ブランド価値強化・RtM戦略, 欧州でのコアブランドイノベーション、RGM強化、サプライチェーン革新
Items this document does not state (18)
Ordinary incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesProgress 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.

日本では記録的な猛暑や価格改定、コアブランドへの集中活動が売上・利益に寄与した。欧州・米州では価格改定、ブランド活動、需要の堅調さなどが増収要因となった一方、APACではベトナムの景況感悪化による需要減や健康食品需要の低迷が影響した。

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 Third Quarter of Fiscal 2023 | Suntory Beverage & Food Limited (2587) timely disclosure | Komori