Komori
Presentation materials for financial results2587Suntory Beverage & Food LimitedFood

Briefing on results for the third quarter of fiscal 2024

For the cumulative third quarter of fiscal 2024, revenue, operating profit and profit for the quarter attributable to owners of the parent exceeded the year-earlier period. The full-year forecasts for revenue, operating profit and profit were also revised upward, and the annual dividend forecast was raised from ¥110 to ¥112 per share.

Worth reading
67In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
1394
億円（1-9月営業利益）
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial results2024年度 第3四半期8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales12,777 Hundreds of millions of yen+7.1%
Operating profit1,394 Hundreds of millions of yen+19.4%
Net income833 Hundreds of millions of yen+24.0%
Results for the three months of the current quarter
Revenue
4,603 Hundreds of millions of yen+3.6%
Operating profit
585 Hundreds of millions of yen+22.1%
Quarterly profit attributable to owners of the parent
368 Hundreds of millions of yen+27.7%
Full-year earnings forecast
Revenue
16,870 Hundreds of millions of yen
Operating profit
1,535 Hundreds of millions of yen
Operating profit on an existing-business basis
1,610 Hundreds of millions of yen
Profit for the period attributable to owners of the parent
865 Hundreds of millions of yen
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
2023年1-9月373
Revenue+¥19.1 billion
Gross profit+¥19.9 billion
為替・原材料市況-¥6.0 billion
Promotional and advertising expenses-¥800 million
Other-¥3.2 billion
2024年1-9月471
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
US dollars
2024年修正予想149 円、期中平均
Euro
2024年修正予想163 円、期中平均
British pound
2024年修正予想193 円、期中平均
Singapore dollars
2024年修正予想113 円、期中平均
Thai baht
2024年修正予想4.3 円、期中平均
Vietnamese dong
2024年修正予想0.01 円、期中平均
ニュージーランドドル
2024年修正予想92 円、期中平均
Australian dollar
2024年修正予想100 円、期中平均
New initiatives
  • フランスでエナジー『CELSIUS』を含むポートフォリオ拡充
  • 英国でエナジー『CELSIUS』や新カテゴリー『-196』への取り組み
  • スペインで飲用機会拡大・フレーバー展開の販促
Key KPIsA metric the company considers important as a management benchmark.
  • 飲料市場販売数量（日本）100 Year-on-year %
    Year on year against the same period last yearIn line with the prior-year period
  • 当社販売数量（日本）99 Year-on-year %
    Year on year against the same period last year1％減
  • Total sales volume in the Japan business348.1 million cases
    Year on year against the same period last year-1.0%
  • Suntory Natural Water sales volume112.6 million cases
    Year on year against the same period last year+4.0%
  • 特定保健用食品および機能性表示食品販売数量31.7 million cases
    Year on year against the same period last year+7.0%
  • オアシス販売数量（フランス）264 million L
    Year on year against the same period last year+3.0%
  • ルコゼード販売数量（英国・アイルランド）315 million L
    Year on year against the same period last year-5.0%
Segment results
Japan
Revenue
5,578 Hundreds of millions of yen+3.5%
Segment profit
471 Hundreds of millions of yen+26.4%
APAC
Revenue
2,950 Hundreds of millions of yen+7.8%
Segment profit
380 Hundreds of millions of yen+17.6%
Europe
Revenue
2,865 Hundreds of millions of yen+9.8%
Segment profit
490 Hundreds of millions of yen+17.3%
Americas
Revenue
1,384 Hundreds of millions of yen+15.2%
Segment profit
176 Hundreds of millions of yen+16.3%
Market Size / Share
飲料市場販売数量前年比100％（日本、推定）
Annual Dividend
Annual dividend per share
¥112
Payout ratio
40 ％2024年予想
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period Covered2024年度 第3四半期
Net Sales12,777 Hundreds of millions of yen (YoY +7.1%)
Operating profit1,394 Hundreds of millions of yen (YoY +19.4%)
Net income833 Hundreds of millions of yen (YoY +24.0%)
Results for the three months of the current quarterRevenue 4,603 Hundreds of millions of yen (YoY +3.6%) / Operating profit 585 Hundreds of millions of yen (YoY +22.1%) / Quarterly profit attributable to owners of the parent 368 Hundreds of millions of yen (YoY +27.7%)
Full-year earnings forecastRevenue 16,870 Hundreds of millions of yen / Operating profit 1,535 Hundreds of millions of yen / Operating profit on an existing-business basis 1,610 Hundreds of millions of yen / Profit for the period attributable to owners of the parent 865 Hundreds of millions of yen
Segment resultsJapan Revenue 5,578 Hundreds of millions of yen (YoY +3.5%) / Segment profit 471 Hundreds of millions of yen (YoY +26.4%) / APAC Revenue 2,950 Hundreds of millions of yen (YoY +7.8%) / Segment profit 380 Hundreds of millions of yen (YoY +17.6%) / Europe Revenue 2,865 Hundreds of millions of yen (YoY +9.8%) / Segment profit 490 Hundreds of millions of yen (YoY +17.3%) / Americas Revenue 1,384 Hundreds of millions of yen (YoY +15.2%) / Segment profit 176 Hundreds of millions of yen (YoY +16.3%)
Breakdown of Factors Affecting the Change日本セグメント利益 2023年1-9月 373 / Revenue +¥19.1 billion / Gross profit +¥19.9 billion / 為替・原材料市況 -¥6.0 billion / Promotional and advertising expenses -¥800 million / Other -¥3.2 billion / 2024年1-9月 471
Key KPIsIndicator name 飲料市場販売数量（日本） / Value 100 Year-on-year % / Year on year against the same period last year In line with the prior-year period, Indicator name 当社販売数量（日本） / Value 99 Year-on-year % / Year on year against the same period last year 1％減, Indicator name Total sales volume in the Japan business / Value 348.1 million cases / Year on year against the same period last year -1 million cases, Indicator name Suntory Natural Water sales volume / Value 112.6 million cases / Year on year against the same period last year 4 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 31.7 million cases / Year on year against the same period last year 7 million cases, Indicator name オアシス販売数量（フランス） / Value 264 million L / Year on year against the same period last year 3 million L, Indicator name ルコゼード販売数量（英国・アイルランド） / Value 315 million L / Year on year against the same period last year -5 million L
Assumptions Underlying the Business OutlookUS dollars 2024年修正予想 149 円、期中平均 / Euro 2024年修正予想 163 円、期中平均 / British pound 2024年修正予想 193 円、期中平均 / Singapore dollars 2024年修正予想 113 円、期中平均 / Thai baht 2024年修正予想 4.3 円、期中平均 / Vietnamese dong 2024年修正予想 0.01 円、期中平均 / ニュージーランドドル 2024年修正予想 92 円、期中平均 / Australian dollar 2024年修正予想 100 円、期中平均
Annual DividendAnnual dividend per share ¥112 / Interim and Year-End Breakdown Not disclosed
Payout ratio40 ％（2024年予想）
Market Size / Share飲料市場販売数量前年比100％（日本、推定）
New initiativesフランスでエナジー『CELSIUS』を含むポートフォリオ拡充, 英国でエナジー『CELSIUS』や新カテゴリー『-196』への取り組み, スペインで飲用機会拡大・フレーバー展開の販促
Items this document does not state (16)
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 targetsAcquisition 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.

売上収益は、ブランド・チャネルの重点活動、ミックス改善、価格改定効果などにより増加した。利益は増収効果やミックス改善、コストマネジメントが寄与した一方、原材料市況、販促費・広告宣伝費、人件費、物流費などのコスト増が影響した。通期予想の修正理由として、トップライン成長、コアブランドのさらなる強化、為替前提の変更などが示されている。

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.
Briefing on results for the third quarter of fiscal 2024 | Suntory Beverage & Food Limited (2587) timely disclosure | Komori