Supplementary Information for Q3 2021

Supplementary Material on Consolidated Financial Results for the First

Nine Months of the Year Ending December 31, 2021

1. Summary of Consolidated Statement of Profit or Loss, Indices, etc.
2. Revenue Details
3. Profit Details
4. Summary of Consolidated Statement of Financial Position
5. Summary of Consolidated Statement of Cash Flows
6. Other Information

1. Summary of Consolidated Statement of Profit or Loss, Indices, etc.
2. Revenue Details
3. Profit Details
4. Other Information

Suntory Beverage & Food Limited

November 11, 2021

1. Summary of Consolidated Statement of Profit or Loss, Indices, etc.

(1) Summary of Consolidated Statement of Profit or Loss

					(Billions of yen with fractional amounts rounded off)
	Nine months ended	Nine months ended
	September 30, 2020	September 30, 2021	Increase (decrease)
		Ratio to revenue			Ratio to revenue
Revenue	886.2	100.0%	941.8		100.0%	55.6	6.3%
Gross profit	366.4	41.3%	393.8		41.8%	27.4	7.5%
Selling, general and administrative	287.6	32.5%	292.4		31.0%	4.8	1.7%
expenses
Gain on investments accounted for	(0.1)	(0.0)%	0.1		0.0%	0.2	-
using the equity method
Other income	2.7	0.3%	1.6		0.2%	(1.2)	(42.8)%
Other expenses	4.2	0.5%	2.7		0.3%	(1.4)	(34.4)%
Operating income	77.3	8.7%	100.3		10.7%	23.0	29.8%
Finance income	0.7	0.1%	0.6		0.1%	(0.1)	(16.0)%
Finance costs	2.1	0.2%	1.5		0.2%	(0.6)	(28.5)%
Profit before tax for the period	75.9	8.6%	99.4		10.6%	23.5	31.0%
Income tax expense	19.6	2.2%	29.2		3.1%	9.6	49.0%
Profit for the period	56.3	6.4%	70.3		7.5%	13.9	24.7%
Profit for the period attributable to	9.1	1.0%	10.8		1.2%	1.8	19.5%
non-controlling interests
Profit for the period attributable to	47.3	5.3%	59.4		6.3%	12.1	25.7%
owners of the Company

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(2) Other Indices

								(Billions of yen)
		Nine months ended	Nine months ended		Increase (decrease)
		September 30, 2020	September 30, 2021
Depreciation			52.9			52.4	(0.6)	(1.1)%
Operating income	Operating margin	77.3	8.7%	100.3		10.7%	23.0	29.8%
EBITDA *1	EBITDA margin	131.7	14.9%	153.9		16.3%	22.2	16.8%

*1 EBITDA is calculated as operating income - other income + other expenses + depreciation.
	As at December 31, 2020	As at September 30, 2021	Increase (decrease)
Total assets	1,574.3	1,642.0	67.7		4.3%
Total equity	859.6	919.8	60.2		7.0%
D/E ratio (Times) *2	0.1	0.0

*2 D/E ratio is calculated as (interest-bearing debt - cash and cash equivalents ± valuation difference from adopting hedge accounting, etc.) / total equity.

(3) Exchange Rates for the Consolidation of Profit or Loss of the Major Overseas Companies

		(Yen, average exchange rate)
	Nine months ended	Nine months ended
	September 30, 2020	September 30, 2021
USD	107.6	108.6
EUR	120.9	129.9
GBP	136.7	150.5
SGD	77.4	81.1
THB	3.4	3.5
VND	0.0046	0.0047
NZD	68.6	77.2
AUD	72.8	82.4

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2. Revenue Details

			(Billions of yen with fractional amounts rounded off)
	Nine months ended	Nine months ended			Increase
	Increase (decrease)	(decrease)	Reference
	September 30, 2020	September 30, 2021			currency
					neutral
Japan	481.7	474.6	(7.0)	(1.5)%	-
Asia Pacific	193.0	215.0	22.1	11.4%	7.1%	*1
Europe	149.1	177.9	28.9	19.4%	10.5%
Americas	62.5	74.2	11.7	18.7%	17.6%
Reconciliations	-	-	-	-	-
Consolidation total	886.2	941.8	55.6	6.3%	3.9%

*1 Due to the organizational changes, the previous segments of "Asia" and "Oceania" were merged and are now presented as "Asia Pacific."

3. Profit Details

(1) EBITDA

					(Billions of yen)
					Increase
	Nine months ended	Nine months ended	Increase (decrease)	(decrease)	Reference
	September 30, 2020	September 30, 2021			currency
					neutral
Japan	58.9	64.1	5.2	8.9%	-
Asia Pacific	36.5	42.1	5.5	15.2%	13.1%	*1
Europe	33.1	41.3	8.1	24.6%	15.0%
Americas	8.8	12.3	3.5	39.3%	38.0%
Reconciliations	(5.6)	(5.8)	(0.2)	-	-	*2
Consolidation total	131.7	153.9	22.2	16.8%	13.8%

*1 Due to the organizational changes, the previous segments of "Asia" and "Oceania" were merged and are now presented as "Asia Pacific."

*2 "Reconciliations" to segment EBITDA represents overhead costs incurred by the Company to manage the Group's operations and is not allocated to each reportable segment.

(2) Segment Profit

					(Billions of yen)
					Increase
	Nine months ended	Nine months ended	Increase (decrease)	(decrease)	Reference
	September 30, 2020	September 30, 2021			currency
					neutral
Japan	29.6	36.1	6.5	21.9%	-
Asia Pacific	25.5	30.8	5.4	21.1%	17.8%	*1
Europe	24.3	32.2	7.9	32.6%	22.3%
Americas	6.0	9.3	3.4	56.1%	54.6%
Reconciliations	(8.1)	(8.2)	(0.1)	-	-	*2
Consolidation total	77.3	100.3	23.0	29.8%	25.5%

*1 Due to the organizational changes, the previous segments of "Asia" and "Oceania" were merged and are now presented as "Asia Pacific."

*2 "Reconciliations" to segment profit represents overhead costs incurred by the Company to manage the Group's operations and is not allocated to each reportable segment.

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(3) Breakdown of Increase (Decrease) in Segment Profit for Japan Business Segment

	(Billions of yen)
Segment profit for the nine months ended September 30, 2020	29.6
Decrease in revenue	(7.0)
Decrease in cost of goods sold	5.4
Decrease in sales promotion and advertising costs	3.2
Decrease in other expenses	4.9
Segment profit for the nine months ended September 30, 2021	36.1

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