Komori
Earnings presentation2587Suntory Beverage & Food LimitedFood

Financial Results Briefing for the Fiscal Year Ending December 2024

In fiscal 2024, revenue, operating profit and profit attributable to owners of the parent all reached record highs and exceeded the revised forecasts. For fiscal 2025, revenue and operating profit on an existing-business basis are expected to increase, while operating profit is forecast to rise slightly and profit attributable to owners of the parent is forecast to decline.

Worth reading
73In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
185
¥100 million (year-on-year increase in operating profit)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentation2024年12月期 通期（2024年度）10 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥16,968 hundred million+6.6%
Operating profit¥1,602 hundred million+13.1%
Net income¥935 hundred million+13.0%
Full-year earnings forecast
Revenue
¥17,960 hundred million
Operating profit
¥1,610 hundred million
Operating profit on an existing-business basis
¥1,715 hundred million
Profit for the period attributable to owners of the parent
¥900 hundred million
Dividend per share
¥120
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2024年度営業利益
2023年営業利益¥405 hundred million
Revenue¥237 hundred million
Cost of sales¥31 hundred million
為替・原材料市況¥-96 hundred million
Promotional and advertising expenses¥-44 hundred million
Other¥-42 hundred million
日本2025年度営業利益
2024年営業利益¥491 hundred million
Revenue¥115 hundred million
Cost of sales¥62 hundred million
為替・原材料市況¥-202 hundred million
Promotional and advertising expenses¥18 hundred million
Other¥-19 hundred million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
US dollars
152 円、期中平均
Euro
164 円、期中平均
British pound
194 円、期中平均
販売数量（日本）
434.5 million cases
New initiatives
  • オーストラリアで2025年半ばからRTDの製造・販売を開始予定
  • オーストラリア・スワンバンク新工場の稼働・ライン新設
  • ベトナム・ロンアン省の工場新設
  • 日本の高砂工場のライン新設
  • 自動販売機向け新キャッシュレス決済サービスの展開
  • 日本SCMシステム刷新と海外基幹システム共通化
  • 新マネジメント体制への移行予定
Key KPIsA metric the company considers important as a management benchmark.
  • 日本事業販売数量合計（2024年）448.7 million cases
    Year-on-year (%)-1
  • サントリー天然水販売数量（2024年）142.3 million cases
    Year-on-year (%)3
  • BOSS販売数量（2024年）96.2 million cases
    Year-on-year (%)-6
  • 伊右衛門販売数量（2024年）55 million cases
    Year-on-year (%)-4
  • 特定保健用食品・機能性表示食品販売数量（2024年）41.8 million cases
    Year-on-year (%)5
  • Percentage of Female Managers9 %超の見込
  • ペットボトルのサステナブル素材使用率（国内）58 %
  • ペットボトルのサステナブル素材使用率（海外）23 %
  • ROE（2024年実績）8.1 %
    Year on year against the same period last year2023年も8.1%
Segment results
Japan
Revenue
¥7,318 hundred million+3.3%
Segment profit
¥491 hundred million+21.3%
APAC
Revenue
¥4,020 hundred million+8.2%
Segment profit
¥454 hundred million+5.4%
Europe
Revenue
¥3,681 hundred million+8.5%
Segment profit
¥604 hundred million+16.7%
Americas
Revenue
¥1,948 hundred million+12.7%
Segment profit
¥237 hundred million+12.9%
Financial targets
ROE
2024 results8.1
2025年予想7.3
株主資本コスト推計5〜6%
Market Size / Share
日本飲料市場（2024年）前年比100％（推定）
Annual Dividend
Annual dividend per share
¥120
Payout ratio
41 %
Three months of the current quarter
Revenue
¥4,191 hundred million+5.2%
連結セグメント利益
¥208 hundred million-16.6%
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period Covered2024年12月期 通期（2024年度）
Net Sales¥16,968 hundred million (YoY +6.6%)
Operating profit¥1,602 hundred million (YoY +13.1%)
Net income¥935 hundred million (YoY +13.0%)
Three months of the current quarterRevenue ¥4,191 hundred million (YoY +5.2%) / 連結セグメント利益 ¥208 hundred million (YoY -16.6%)
Full-year earnings forecastRevenue ¥17,960 hundred million / Operating profit ¥1,610 hundred million / Operating profit on an existing-business basis ¥1,715 hundred million / Profit for the period attributable to owners of the parent ¥900 hundred million / Dividend per share ¥120
Segment resultsJapan Revenue ¥7,318 hundred million (YoY +3.3%) / Segment profit ¥491 hundred million (YoY +21.3%) / APAC Revenue ¥4,020 hundred million (YoY +8.2%) / Segment profit ¥454 hundred million (YoY +5.4%) / Europe Revenue ¥3,681 hundred million (YoY +8.5%) / Segment profit ¥604 hundred million (YoY +16.7%) / Americas Revenue ¥1,948 hundred million (YoY +12.7%) / Segment profit ¥237 hundred million (YoY +12.9%)
Breakdown of Factors Affecting the Change日本2024年度営業利益 2023年営業利益 ¥405 hundred million / Revenue ¥237 hundred million / Cost of sales ¥31 hundred million / 為替・原材料市況 ¥-96 hundred million / Promotional and advertising expenses ¥-44 hundred million / Other ¥-42 hundred million / 日本2025年度営業利益 2024年営業利益 ¥491 hundred million / Revenue ¥115 hundred million / Cost of sales ¥62 hundred million / 為替・原材料市況 ¥-202 hundred million / Promotional and advertising expenses ¥18 hundred million / Other ¥-19 hundred million
Key KPIs日本事業販売数量合計（2024年） 448.7 million cases, サントリー天然水販売数量（2024年） 142.3 million cases, BOSS販売数量（2024年） 96.2 million cases, 伊右衛門販売数量（2024年） 55 million cases, 特定保健用食品・機能性表示食品販売数量（2024年） 41.8 million cases, Percentage of Female Managers 9 %超の見込, ペットボトルのサステナブル素材使用率（国内） 58 %, ペットボトルのサステナブル素材使用率（海外） 23 %, ROE（2024年実績） 8.1 %
Assumptions Underlying the Business OutlookUS dollars 152 円、期中平均 / Euro 164 円、期中平均 / British pound 194 円、期中平均 / 販売数量（日本） 434.5 million cases
Financial targetsROE 2024 results 8.1 / 2025年予想 7.3 / 株主資本コスト推計 5〜6%
Annual DividendAnnual dividend per share ¥120 / Interim and Year-End Breakdown Not disclosed
Payout ratio41 %
Market Size / Share日本飲料市場（2024年） 前年比100％（推定）
New initiativesオーストラリアで2025年半ばからRTDの製造・販売を開始予定, オーストラリア・スワンバンク新工場の稼働・ライン新設, ベトナム・ロンアン省の工場新設, 日本の高砂工場のライン新設, 自動販売機向け新キャッシュレス決済サービスの展開, 日本SCMシステム刷新と海外基幹システム共通化, 新マネジメント体制への移行予定
Items this document does not state (15)
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 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.

2024年度は、コアブランドへの集中活動、販売数量の伸長、価格改定、ミックス改善、増収効果、コストマネジメントなどが業績に寄与した。2025年度は、原材料・物流費を含むコスト悪化を想定しつつ、ブランド活動、戦略カテゴリーの拡大、生産能力増強、構造改革などに取り組むとしている。

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 Fiscal Year Ending December 2024 | Suntory Beverage & Food Limited (2587) timely disclosure | Komori