Summary of Consolidated Financial Results
For the Second Quarter of the Year Ending March, 2024 (Based on Japanese GAAP)
November 6, 2023 | ||
Company name: | Maruha Nichiro Corporation | |
Stock exchange listing: | Tokyo Stock Exchange, Prime Market | |
Stock code: | 1333 | URL https://www.maruha-nichiro.com/ |
Representative: | ||
Title: | Representative Director, President & CEO | |
Name: | Masaru Ikemi | |
Inquiries: | Hiroyuki Metoki | |
Acting General Manager of Corporate Planning Department |
Phone: | +81 (0)3 6833 1195 | ||
Scheduled date for fling the quarterly report: | November 7, 2023 (only in Japanese) | ||
Scheduled date for Commencement of Dividend Payments: | December 8, 2023 | ||
Preparation of Explanatory Materials for Financial Results: | Yes | ||
Information Meetings Arranged Related to Financial Results: | Yes (For Analysts) |
(Yen in millions, rounded down)
1. Consolidated Financial Results for the Second Quarter of the Year Ending March, 2024 (April 1, 2023- September 30, 2023)
- Consolidated Result of Operations (cumulative)
(% figures denote year-on-year change) | |||||||||||
Net Sales | Operating Income | Ordinary Income | Profit attributable to | ||||||||
owners of parent | |||||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | ||||
2nd Quarter of the Year | 507,356 | 4.6 | 16,757 | 5.2 | 20,914 | -1.4 | 10,894 | -17.0 | |||
Ending March, 2024 | |||||||||||
2nd Quarter of the Year | 485,241 | 17.7 | 15,933 | 27.9 | 21,209 | 53.1 | 13,129 | 39.0 | |||
Ended March, 2023 | |||||||||||
(Note) Comprehensive Income: Second Quarter of the Year ending March, 2024 | ¥ 23,285 million (-14.5 %) | ||||||||||
Second Quarter of the Year ended March, 2023 | ¥27,249 million (89.4%) | ||||||||||
Profit per Share | Diluted Profit Per Share | ||||||||||
Yen | Yen | ||||||||||
2nd Quarter of the Year Ending March, 2024 | 215.94 | - | |||||||||
2nd Quarter of the Year Ended March, 2023 | 253.64 | - |
(2) Consolidated Financial Position
Total Assets | Net Assets | Equity Ratio | |
Millions of yen | Millions of yen | % | |
2nd Quarter of the Year | 672,722 | 231,417 | 28.9 |
Ending March, 2024 | |||
Year Ended March, 2023 | 637,227 | 212,522 | 28.0 |
(Reference) Shareholders' Equity: ¥194,673 million (2Q of FY Ending March, 2024), ¥178,312 million (Year Ended March, 2023)
2. Dividends
Annual Dividends per Share | |||||||
1s t Quarter | 2n d Quarter | 3rd Quarter | Year End | Total | |||
Yen | Yen | Yen | Yen | Yen | |||
Year Ended March, 2023 | - | - | - | 65.00 | 65.00 | ||
Year Ending March, 2024 | - | 35.00 | |||||
Year Ending March | - | 35.00 | 70.00 | ||||
2024 (Estimate) | |||||||
(Note) Revisions of dividend projections in the current quarter | : Yes / No |
3. Forecast for the Year Ending March 31, 2024 (April 1, 2023 - March 31, 2024)
(% figures denote change from the same period in the previous year)
Profit attributable | Profit per | ||||||||||
Net Sales | Operating Income | Ordinary Income | to owners of | ||||||||
Share | |||||||||||
parent | |||||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen | |||
Full Year | 980,000 | -4.0 | 27,000 | -8.7 | 27,000 | -19.4 | 18,500 | -0.5 | 366.69 | ||
(Note) Revisions of the forecast in the current quarter | : Yes / No |
- Note
- Major changes among subsidiaries during period under review
- Application of concise accounts procedures specific to the preparation of quarterly Consolidated financial statements
:
:
Yes / No
Yes /No
(3) Changes in accounting principles, changes in accounting estimates, and retrospective restatements
(i) | Changes due to revisions in accounting standards, etc. | : | Yes / No |
(ii) | Changes other than (i) | : | Yes / No |
(iii) Changes in accounting estimates | : | Yes / No | |
(iv) Retrospective restatements | : | Yes / No |
- Number of shares issued (common shares)
- Number of shares issued at the end of the period (including treasury stock)
- Number of treasury stock at the end of the period
- Average number of shares issued during the term (cumulative)
2nd Quarter of the | Fiscal year ended | ||
Year Ending | 50,578,837 | 50,578,837 | |
March, 2023 | |||
March 2024 | |||
2nd Quarter of the | Fiscal year ended | ||
Year Ending | 126,880 | 128,003 | |
March, 2023 | |||
March 2024 | |||
2nd Quarter of the | Second Quarter of | ||
Year Ending | 50,450,967 | FY ended | 51,765,934 |
March 2024 | March, 2023 |
(Note) The Company introduced a performance-based stock compensation plan, "Stock Benefit Trust (BBT = Board Benefit Trust)". The number of treasury stock at the end of the period includes the Company's shares held by the trust (87,176 shares in 2Q of the FY ending March 2024 and 89,476 shares for the FY ended March 2023). The Company's shares held by the trust are included in the treasury stock, which is deducted from the average number of shares during the term (88,621 shares for 2Q of the FY ending March 2024 and 1,821 shares for 2Q of the FY ended March 2023).
- This summary of financial results is exempt from quarterly review procedures.
- Explanation of the appropriate use of business forecasts and other remarks (Cautions related to Forward-looking statement, etc.)
Business forecasts contained in this report are based on information available to the Company and on a certain assumption the Company considers reasonable on the date of this report's announcement, and it does not constitute the Company's intention to promise the accomplishment of the forecasts. Due to unforeseen circumstances, however, actual results may differ significantly from such forecasts due to various risks and uncertainties which include, but are not limited to, global economic environment, intensified sales competition, fluctuations in exchange rate and interest rate, etc.
This document is an excerpt translation of the original Japanese Document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
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Maruha Nichiro Corp. published this content on 06 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 November 2023 06:12:54 UTC.