Sapporo : 2Q Financial Results Presentation Material(2.0MB)

Sapporo Group Business Results Presentation

for the Six Months Ended June 30, 2023

*In this document, the following company name abbreviations are used:	August 10th 2023
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, 2023 SAPPORO HOLDINGS LTD. All rights reserved.

1/34

１. Summary

２. Sustainability Management Initiatives

３. Business Results

４. Appendix

・・・ P.3

・・・ P.4~P.5

・・・ P.6~P.21

・・・ P.22~P.34

Copyright, 2023 SAPPORO HOLDINGS LTD. All rights reserved.

2/34

Summary

Business results: increased revenue and improving core operating profit

（billions of yen）	2022 Q2	2023 Q2	YoY changes YoY changes
Result	Result	(amount)	(%)
Revenue	213.8	238.5	24.7	11.6%
Core operating profit	(2.2)	3.5	5.7	ー
Operating profit	(0.2)	(2.8)	(2.6)	ー
Profit attributable to owners of parent	(0.4)	(5.1)	(4.7)	ー

• Revenue and core operating profit increased
• Operating profit and profit for the period

decreased

(impact of one-off costs for the dissolution of Anchor)

• Price revisions are steadily absorbing higher costs such as surging raw material costs, etc.
• Progressing steadily according to forecasts

Main topics

• Alcoholic Beverages recover in sales volume of commercial-use products, while Restaurants posted steady same-store sales
• Canned Black Label performed better than last year (Market total demand for canned beer down 6%)

RTD was a growth driver, with strong sales for the new product "Shin Lemon Sour," in addition to core brands

• Sapporo brand continues to see strong sales overseas
• The effect of structural reforms in the Restaurants and Food & Soft Drinks businesses implemented since the pandemic are contributing steadily to bottom line

Copyright, 2023 SAPPORO HOLDINGS LTD. All rights reserved.

3/34

Sustainability Management Initiatives ～Harmony with the Environment～

We updated the Sapporo Group Environmental Vision 2050

The Sapporo Group Environmental Vision 2050 was updated with a view to "Realizing a decarbonized society," which is one of our priority sustainability issues With the aim of achieving this updated objective, we have also updated our 2030 target for reducing greenhouse gas emissions, and newly set FLAG targets

[Environmental Vision 2050]

Aim for net zero greenhouse gas emissions for Scope 1, 2, and 3

Use electricity derived from renewable energy for 100% of power used

[2030 Target]

Reduce Scope 1 and 2 greenhouse gas emissions by 42% compared to 2022 levels

Reduce Scope 3 greenhouse gas emissions by 25% compared to 2022 levels

(Addition)

Reduce FLAG Scope 1, 2, and 3 greenhouse gas emissions by 31% compared to 2022 levels

Canadian company SLEEMAN selected for Canada's Greenest Employers

The company was selected for Canada's Greenest Employers (2023), which is held by the Canada's Top 100 Employers project.

This was the result of promoting employee participation initiatives.

Saved	Improved its	Processes 100%
waste landfill
approx. 300,000	of wastewater
conversion ratio
from its Guelph
liters of water per day	from 60% to 97%
factory

Copyright, 2023 SAPPORO HOLDINGS LTD. All rights reserved.

4/34

Sustainability Management Initiatives

～Sustainability Targets～

Black text indicates results and blue text indicates targets

Classification

Material Issues

Specific Initiatives

Targets Setting Companies

Target Year

Targets

2021

2022

2026

2030

2050

Scope1,2

（Scope1,2）

2050

Scope 1, 2, 3 Net Zero greenhouse gas emissions

Common to all

184.1

189.3

149.5

109.8

0

Kt

Kt

Kt

Kt

operating companies

Scope 1, 2 greenhouse gas emissions by 42%

Scope３

compared to 2022 levels

Realization of a

Reducing CO2 emissions at

（Scope3）

Harmony with the

decarbonized

company sites and supply

Common to all

903.3

1,082.6

947.3

812.0

Environment

Scope 3 greenhouse gas emissions by 25%

0

society

chains

operating companies

2030

Kt

Kt

Kt

Kt

compared to 2022 levels

（SB,PS,SBL※）

（FLAG Scope1,2,3）

※Accounts for more than

FLAG Scope 1, 2, 3 greenhouse gas emissions by

101.8

86.0

70.2

two-thirds of the emissions

-

31% compared to 2022 levels

Kt

Kt

Kt

of the entire Sapporo Group

SRE

Progress in sustainable urban development that

-

-

contributes to improving area brand value

Mutual prosperity

・Improvement of regional value

SB

Progress of our "regional revitalization business"

-

-

Co-prosperity with

Progress in building an environment for lemon

with local

・Resolution of local issues

PS

-

-

Society

production in Japan

communities

using company resources

Number of regional learning programs (food education,

PS, SGF

2030

on-site classes, factory tours, etc.) related to the food

-

131

140

and beverage business

SH, SB, PS, SRE, SLN

2026

Work engagement (*1) 54 or higher

53.9

53.6

54

Promotion of Diversity &

SH, SB, PS, SRE, SLN

2026

At least 12% female executives and at least 20% female

-

8.3%

12%

20%

executives

Activation of Human

Active participation

Inclusion (D&I)

~

At least 12% female managers and at least 20% female

Resources and

of diverse human

SH, SB, PS, SRE, SLN

2030

4.2%

5.4%

12%

20%

managers

Potentials

resources

Investing in human capital for

SH, SB, PS, SRE, SLN

2026

Integrated survey "Challenges for future value creation"

2.6

2.7

3.0

(*2) 3.0 or higher

growth and productivity

SH, SB, PS, SRE, SLN

2026

Presenteeism loss rate (*3) 33.4% or less

36.3

34.4

33.4

*1 Indicators in Stress Check and Employee Awareness Survey

*2 Sapporo Group's proprietary survey indicators in Stress Check and Employee Awareness Survey
*3 Indicators in Stress Check and Employee Awareness Survey: average for SH and four operating companies	5/34
Copyright, 2023 SAPPORO HOLDINGS LTD. All rights reserved.