Third Quarter Consolidated Results
Year Ending March 31, 2022
February 08, 2022
Itoham Yonekyu Holdings Inc.
-1- | ITOHAM YONEKYU HOLDINGS INC. 2021 |
Table of Contents
■ Consolidated Results Third Quarter Year Ending March 31, 2022
Profit/Loss
Itemized Sales
Selling, General and Administrative Expenses・
Non-Operating G/L・Extraordinary G/L
Balance Sheet
Cash Flow Statement
■ Segment Information
Processed Food Division Results
Meat Division Results
Segment Information
■ Forecast Year Ending March 31, 2022
Processed Food Division
Meat Division
Segment Information
Profit/Loss
Itemized Sales
■ Appendix (Market Data)
Overseas Market Prices
CPI
Ham Sausage Data
Domestic Production/Imports
Meat Data
Marketed Volume/Ending Inventory (Beef)
Marketed Volume/Ending Inventory (Pork)
Marketed Volume/Ending Inventory (Chicken)
-2- | ITOHAM YONEKYU HOLDINGS INC. 2021 |
Consolidated Results
Third Quarter
Year Ending March 31, 2022
- From the beginning of the current fiscal year, "Accounting Standards for Revenue Recognition" (Corporate Accounting Standard No. 29), etc. have been applied.
- Since less than 100 million yen is rounded down, the sum and difference of the indicated values may not match the total.
-3- | ITOHAM YONEKYU HOLDINGS INC. 2021 |
Profit/Loss
Quarterly Actual
100Million Yen, % | ||||||
*After applying revenue recognition | *Previous year | |||||
(Our estimated value) | published figures | |||||
2021/03 | 2022/03 | 2021/03 | ||||
1-3Q | 1-3Q | Change | 1-3Q | |||
Sales | 6,231 | 6,557 | 325 | 6,468 | ||
COGS | 5,206 | 5,509 | 302 | 5,363 | ||
Gross Profit | 1,025 | 1,047 | 22 | 1,104 | ||
(% of sales) | 16.4 | 16.0 | -0.5 | 17.1 | ||
Selling, General and | 804 | 816 | 11 | 882 | ||
Administrative Expenses | ||||||
(% of sales) | 12.9 | 12.5 | -0.5 | 13.6 | ||
Operating Income | 220 | 231 | 11 | 221 | ||
(% of sales) | 3.5 | 3.5 | -0.0 | 3.4 | ||
Non-operating Gain/Loss | 19 | 36 | 16 | 19 | ||
Ordinary Income | 241 | 267 | 26 | 241 | ||
(% of sales) | 3.9 | 4.1 | 0.2 | 3.7 | ||
Extra-ordinary Gain/Loss | 23 | 0 | -23 | 23 | ||
Income Before Taxes | 264 | 268 | 3 | 264 | ||
Net Income | 183 | 185 | 2 | 183 | ||
(% of sales) | 2.9 | 2.8 | -0.1 | 2.8 | ||
※Round down less than 100 million yen
Sales
(Processed Food Division)
・Increased sales of mainly household processed foods ・Increased sales of commercial roast beef
(Meat Division)
・Increased sales of imported chicken due to increased demand
・Increased sales of imported chicken due to increased demand
Gross profit
(Processed Food Division)
・Sales recovery of roast beef
-
Manufacturing cost reduction effect by promoting production optimization (Meat Division)
・Incresed demand for imported chiken
・Increase in profits of overseas business (Anzco Foods)
Selling, general and administrative expenses
・increase logistics expenses(+600million yen)
・increased advertising expenses(+200million yen)※Strengthen promotion)
※Comparison of our estimated values after applying the revenue recognition standard
-4- | ITOHAM YONEKYU HOLDINGS INC. 2021 |
Itemized Sales
Itemized Sales
100Million Yen | ||||||
*After applying revenue recognition | *Previous year | |||||
(Our estimated value) | published figures | |||||
2021/03 | 2022/03 | 2021/03 | ||||
1-3Q | 1-3Q | Change | 1-3Q | |||
Sales | 6,231 | 6,557 | 325 | 6,468 | ||
Ham/Sausage | 1,356 | 1,360 | 3 | 1,400 | ||
Processed Food | 1,107 | 1,141 | 33 | 1,128 | ||
Meat | 3,652 | 3,900 | 248 | 3,824 | ||
Others | 114 | 154 | 40 | 114 | ||
※Round down less than 100 million yen
Year on Year Changes
% | |||||
2022/03 | |||||
1-3Q | |||||
Volume | Amount | ||||
Ham/Sausage | -0.7 | 0.3 | |||
Processed Food | 1.3 | 3.0 | |||
Meat | 1.7 | 6.8 | |||
Beef | -5.5 | 8.5 | |||
Pork | 0.8 | -1.0 | |||
Chicken | 11.5 | 16.0 | |||
Others | 5.5 | 17.0 | |||
Comparison of our estimated values after applying the revenue | |||||
recognition standard | |||||
• For reference | |||||
Year on year changes excluding ANZCO | |||||
% | |||||
2022/03 | |||||
1-3Q | |||||
Volume | Amount | ||||
Ham/Sausage | -0.9 | -0.5 | |||
Processed Food | 0.6 | 2.2 | |||
Meat | 2.7 | 4.6 | |||
Beef | -5.0 | 5.7 | |||
Pork | 0.8 | -1.0 | |||
Chicken | 11.5 | 16.0 | |||
Others | -4.3 | 8.1 |
Comparison of our estimated values after applying the revenue recognition standard
-5- | ITOHAM YONEKYU HOLDINGS INC. 2021 |
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Itoham Yonekyu Holdings Inc. published this content on 08 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 February 2022 03:10:03 UTC.