Sapporo : 3Q Financial Results Presentation Material(2.2MB)
November 18, 2021 at 05:52 am IST
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Sapporo Group Business Results Presentation
for the Nine Months Ended September 30, 2021
*In this document, the following company name abbreviations are used:
November 5th 2021
SH: Sapporo Holdings Limited SB: Sapporo Breweries Ltd. SLN: Sapporo Lion Limited.
URL https://www.sapporoholdings.jp/en/
PS: Pokka Sapporo Food & Beverage Ltd. SRE: Sapporo Real Estate Co., Ltd.
Copyright, 2021 SAPPORO HOLDINGS LTD. All rights reserved. 1/36
1. Key Factors of 2021 3Q Results and Full-year Earnings Forecast ・・・P3
2. Business Results
・・・P4~P22
3. Appendix・・・P23~P35
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Key Factors of 2021 3Q Results and Full-year Earnings Forecast
SB commercial-use beer and restaurant business results
for 2021 3Q and current status
Restrictions on alcoholic beverage provision due to the state of emergency had an unexpected impact on the peak season for the alcoholic beverages business. However, the restaurant market has been recovering drastically since October with the end of the state of emergency.
Full-year earnings forecast*: Unchanged
Toward fulfilling the core operating profit plan*
Need to increase profit by ¥2.1 billion YoY for 2021 4Q.
Beer sales volume (bottle/keg) and restaurant business sales (YoY)
Core operating profit (YoY)
(billions of yen)
COVID-19
5th Wave
End of State of Emergency
(Profit are needed for 4Q to achieve revised plan)
Expansion of State of
Emergency
Hour restrictions lifted in some areas
Alcohol provision
Full-year earnings forecast
+10%
restrictions
Down
−10%
ca. 10%
YoY
Beer sales volume (bottle/keg)
−30%
−50% Restaurant business sales
Down ca. 60%
−70%
Down ca. 80%
−90%
Jul.
*Revised full-year earnings forecast and profit plan (Released on August 6, 2021)
Jan.-Jun.
Aug.
Sep.
Oct.
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*Calculated from preliminary simple cumulative sales value of SLN
Business Results
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Review of the Nine Months Ended September 30, 2021: Results
Sales of canned beer, lemon-based products, and plant-based milk products remained solid.
RTD and Sapporo brand sales in North America rose strongly.
Black Label brand canned
Yebisu brand canned
RTD sales volume
product sales volume
product sales volume
Up
% YoY
Up % YoY
Up
% YoY
North America Sapporo Brand
Lemon-based products
Soy beans and chilled
products sales
sales volume
sales
Up % YoY
Up % YoY
Up % YoY
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Sapporo Holdings Limited published this content on 18 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 November 2021 00:21:04 UTC.
Sapporo Holdings Limited is a holding company organized around 4 sectors of activity:
- production of alcoholic beverages (65.7% of net sales): beer, wine, spirits and liqueurs;
- production of non alcoholic beverages (28.9%): carbonated drinks, juice, mineral water. The group also proposes food products (snacks, yoghurts, etc.);
- development and management of real estate assets (5.3%);
- other (0.1%).
Japan accounts for 84.9% of net sales.