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Financial results presentation2587Suntory Beverage & Food LimitedFood

Financial Results Briefing for the First Quarter of Fiscal 2024

In the first quarter of fiscal 2024, revenue increased 10.2% year on year, operating profit 28.5% and profit for the quarter attributable to owners of the parent 38.9%. Higher sales volume, price revisions and cost management, mainly in Japan, lifted profit, while costs also increased due to foreign exchange, raw materials and logistics.

Worth reading
57In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
10.2
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentation2024年度 第1四半期7 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,717 100 million+10.2%
Operating profit¥339 100 million+28.5%
Net income¥203 100 million+38.9%
Results for the three months of the current quarter
Revenue
¥3,717 100 million
Operating profit
¥339 100 million
Quarterly profit attributable to owners of the parent
¥203 100 million
Full-year earnings forecast
Revenue
¥16,700 100 million
Operating profit on an existing-business basis
¥1,540 100 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
日本の利益増減
2023年1-3月
¥36 100 million
Revenue
¥75 100 million
Cost of sales
¥-22 100 million
為替・原材料市況
¥-11 100 million
Promotional and advertising expenses
¥7 100 million
Other
¥-8 100 million
2024年1-3月
¥78 100 million
売上総利益内訳
販売数量増減の影響
¥6 100 million
活動・構成の影響
¥47 100 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
US dollars
145 円、期中平均
Euro
158 円、期中平均
British pound
184 円、期中平均
Singapore dollars
108 円、期中平均
Thai baht
4.2 円、期中平均
Vietnamese dong
0.01 円、期中平均
ニュージーランドドル
87 円、期中平均
Australian dollar
94 円、期中平均
New initiatives
  • 日本で10月から4回目となる価格改定を実行予定
  • 日本で自販機事業の組織再編による法人営業強化・オペレーション効率化
  • フランスでエナジーカテゴリー『CELSIUS』を展開
  • 英国でRTDカテゴリー『-196』を展開
  • APAC健康食品事業でマーケティング投資を拡大
Key KPIsA metric the company considers important as a management benchmark.
  • Total sales volume in the Japan business91.7 million cases
    Year on year against the same period last year+1.0%
  • Suntory Natural Water sales volume28.1 million cases
    Year on year against the same period last year+6.0%
  • BOSS sales volume22.6 million cases
    Year on year against the same period last year-8.0%
  • Iyemon sales volume12.5 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11.8 million cases
    Year on year against the same period last year+10.0%
  • Essence of Chicken数量103 Year on year %
    Year on year against the same period last year+3.0%
  • Bird’s Nest数量127 Year on year %
    Year on year against the same period last year+27.0%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
販売数量および価格改定効果が示されている
Segment results
Japan
Revenue
¥1,533 100 million
Revenue growth5.2
Segment profit
¥78 100 million
Year-on-year change in profit116.7
APAC
Revenue
¥997 100 million
Revenue growth10.9
Segment profit
¥136 100 million
Year-on-year change in profit15.4
Europe
Revenue
¥786 100 million
Revenue growth14.6
Segment profit
¥118 100 million
Year-on-year change in profit12.7
Americas
Revenue
¥401 100 million
Revenue growth21.8
Segment profit
¥43 100 million
Year-on-year change in profit13.6
Market Size / Share
飲料市場
100 Year on year %
当社販売数量
101 Year on year %
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period Covered2024年度 第1四半期
Net Sales¥3,717 100 million (YoY +10.2%)
Operating profit¥339 100 million (YoY +28.5%)
Net income¥203 100 million (YoY +38.9%)
Results for the three months of the current quarterRevenue ¥3,717 100 million / Operating profit ¥339 100 million / Quarterly profit attributable to owners of the parent ¥203 100 million
Full-year earnings forecastRevenue ¥16,700 100 million / Operating profit on an existing-business basis ¥1,540 100 million
Segment resultsJapan Revenue ¥1,533 100 million / Revenue growth 5.2 / Segment profit ¥78 100 million / Year-on-year change in profit 116.7 / APAC Revenue ¥997 100 million / Revenue growth 10.9 / Segment profit ¥136 100 million / Year-on-year change in profit 15.4 / Europe Revenue ¥786 100 million / Revenue growth 14.6 / Segment profit ¥118 100 million / Year-on-year change in profit 12.7 / Americas Revenue ¥401 100 million / Revenue growth 21.8 / Segment profit ¥43 100 million / Year-on-year change in profit 13.6
Breakdown of Factors Affecting the Change日本の利益増減 2023年1-3月 ¥36 100 million / Revenue ¥75 100 million / Cost of sales ¥-22 100 million / 為替・原材料市況 ¥-11 100 million / Promotional and advertising expenses ¥7 100 million / Other ¥-8 100 million / 2024年1-3月 ¥78 100 million / 売上総利益内訳 販売数量増減の影響 ¥6 100 million / 活動・構成の影響 ¥47 100 million
Key KPIsIndicator name Total sales volume in the Japan business / Value 91.7 million cases / Year on year against the same period last year 1 million cases, Indicator name Suntory Natural Water sales volume / Value 28.1 million cases / Year on year against the same period last year 6 million cases, Indicator name BOSS sales volume / Value 22.6 million cases / Year on year against the same period last year -8 million cases, Indicator name Iyemon sales volume / Value 12.5 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 11.8 million cases / Year on year against the same period last year 10 million cases, Indicator name Essence of Chicken数量 / Value 103 Year on year (%) / Year on year against the same period last year 3 Year on year (%), Indicator name Bird’s Nest数量 / Value 127 Year on year (%) / Year on year against the same period last year 27 Year on year (%)
Unit price and quantity metrics販売数量および価格改定効果が示されている
Assumptions Underlying the Business OutlookUS dollars 145 円、期中平均 / Euro 158 円、期中平均 / British pound 184 円、期中平均 / Singapore dollars 108 円、期中平均 / Thai baht 4.2 円、期中平均 / Vietnamese dong 0.01 円、期中平均 / ニュージーランドドル 87 円、期中平均 / Australian dollar 94 円、期中平均
Market Size / Share飲料市場 100 Year on year (%) / 当社販売数量 101 Year on year (%)
New initiatives日本で10月から4回目となる価格改定を実行予定, 日本で自販機事業の組織再編による法人営業強化・オペレーション効率化, フランスでエナジーカテゴリー『CELSIUS』を展開, 英国でRTDカテゴリー『-196』を展開, APAC健康食品事業でマーケティング投資を拡大
Items this document does not state (17)
Ordinary incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planNumber 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.

販売数量の増加、価格改定効果、コアブランド集中活動、プロモーション強化、コストマネジメントが増収増益に寄与した。米州では原材料価格・物流費・人件費の増加があったが、増収効果で吸収した。

How to read this page

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Financial Results Briefing for the First Quarter of Fiscal 2024 | Suntory Beverage & Food Limited (2587) timely disclosure | Komori