Itoham Yonekyu Holdings Inc. Financial Results for Q1 of FY2022 (Ending March 31, 2023)

1. Performance

August 03, 2022

ITOHAM YONEKYU HOLDINGS INC. 2022

Table of Contents

1-01 Earnings Results

1-02 Supplemental Data

1-03 Appendix

1

ITOHAM YONEKYU HOLDINGS INC. 2022

01 Rearrangement of segment

Round off less than 100 million yen

  • From this term, the segment was changed from the production category to the organizational unit.
  • From this term, segment indicative profit was changed from operating profit to ordinary profit.
  • The previous year's results on this statement are all based on the rearranged figure after the segment change, and it's different from the figure published in the previous year.

Meat Div. Processed Food Div.

ReferenceFY2021FY2022 Comparison before and after segment change

100 million yen、%

FY2021

Q

First half

Second half

Year

new

old

change

new

old

change

new

old

change

new

old

change

segment

segment

impact

segment

segment

impact

segment

segment

impact

segment

segment

impact

Sales

853

725

128

1,758

1,483

275

1,855

1,541

315

3,613

3,023

590

Operating profit

39

36

3

69

65

4

52

46

6

121

111

10

Operating profit margin

4.6

5.0

-0.4

3.9

4.4

-0.4

2.8

3.0

-0.2

3.3

3.7

-0.3

Ordinary profit

40

37

3

72

67

4

53

48

6

125

115

10

Ordinary profit margin

4.7

5.1

-0.4

4.1

4.5

-0.5

2.9

3.1

-0.2

3.5

3.8

-0.3

Sales

1,162

1,290

-128

2,399

2,674

-275

2,490

2,804

-315

4,889

5,478

-590

Operating profit

41

44

-3

82

86

-4

57

63

-6

138

149

-10

Operating profit margin

3.5

3.4

+0.1

3.4

3.2

+0.2

2.3

2.2

+0.0

2.8

2.7

+0.1

Ordinary profit

47

50

-3

99

103

-4

78

84

-6

176

187

-10

Ordinary profit margin

4.1

3.9

+0.2

4.1

3.9

+0.3

3.1

3.0

+0.1

3.6

3.4

+0.2

2

ITOHAM YONEKYU HOLDINGS INC. 2022

01 Consolidated Results of Operations

Round off less than 100 million yen

  • Sales increased by 4.8% due to rising meat prices and price change for processed foods.
  • Ordinary profit decreased by 8.6%, because it has not covered high raw material cost of processed foods.

100 Million Yen,%

FY2022 1Q

% of sales

year-on-year

Change

Change%

Sales

2,123

-

+97

+4.8%

Operationg

71

3.4%

-4

-5.8%

profit

Ordinary

77

3.6%

-7

-8.6%

profit

Net income

51

2.4%

-8

-13.2%

3

ITOHAM YONEKYU HOLDINGS INC. 2022

01 Segment Results of Operations

Round off less than 100 million yen

  • Ordinary profit of Processed Food Division decreased by 28.7%, because the price change have not covered the risen raw material costs and utility costs.
  • Ordinary profit of Meat Division increased by 11.3%, because ANZCO Foods kept the favorable performance as a background of worldwide high meat price.

Segment Information

100 Million Yen,%

FY2022 1Q

% of sales

year-on-year

Change

Change%

Processed

Sales

878

-

+25

+2.9%

Food

Operationg

27

3.1%

-11

-29.5%

profit

Division

Ordinary

28

3.2%

-11

-28.7%

profit

Sales

1,234

-

+72

+6.2%

Meat

Operationg

49

4.0%

+8

+19.6%

Division

profit

Ordinary

53

4.3%

+5

+11.3%

profit

4

ITOHAM YONEKYU HOLDINGS INC. 2022

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Itoham Yonekyu Holdings Inc. published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2022 03:31:02 UTC.