Results Briefing Materials
for FY2021/2Q
Kagome Co., Ltd.
Securities code: 2811
Figures in these materials | |
- Amounts are rounded down to the nearest 100 million yen. Part of amounts for core operating income are rounded down to the nearest 10 million yen. | 1 |
- Percentages are rounded to one decimal place. | |
1. Summary of Business Results for
FY2021/2Q
2
FY2021/2Q Consolidated Results
Achieved gains in revenue and profit due to rising health consciousness, continued stay-at-home demand and measures to stimulate demand for vegetables such as the "Let's Eat Vegetables" campaign
Results | YoY | ||||||
Unit: 100 million yen | FY2020/1H | FY2019/1H | |||||
Margin | Rate of | ||||||
change | |||||||
Revenue | 919 | - | +31 | +3.5% | 888 | 885 | |
Core Operating | 71 | 7.7% | +7 | +11.9% | 63 | 54 | |
Income | |||||||
Operating Income | 69 | 7.6% | +0 | +1.0% | 68 | 71 | |
Net Income* | 47 | 5.2% | +1 | +3.6% | 45 | 54 | |
ROE | 4.2% | - | 0 | - | 4.2% | 5.4% | |
ROA | 3.3% | - | +0.3pt | - | 3.0% | 2.8% | |
EPS (yen) | 53.05 | - | +1.39 | - | 51.66 | 61.53 |
* Net income attributable to owners of parent
3
FY2021/2Q Results by Segment
Achieved gains in revenue in all segments except domestic agriculture business Achieved higher profit overall given a strong performance in international business, which offset lower profit in domestic businesses
Revenue
Unit: 100 million yen
Beverages
Direct marketing
Food and others
Domestic processed food business Domestic agriculture business International business
Other/adjustments
Total
FY2021
YoY | Rate of |
change | |
371 | +7 | +2.0% |
60 | +4 | +8.0% |
217 | +1 | +0.6% |
649 | +13 | +2.0% |
49 | (3) | (6.8)% |
257 | +31 | +13.9% |
(37) | (9) | - |
919 | +31 | +3.5% |
Core Operating Income | ||||||||
FY2020/ | FY2019/ | FY2021 | FY2020/ | FY2019/ | ||||
Rate of | ||||||||
1H | 1H | YoY | 1H | 1H | ||||
change | ||||||||
364 | 352 | 35.1 | (0.4) | (1.3)% | 35.6 | 25.7 | ||
55 | 51 | 3.9 | +0.3 | +9.7% | 3.6 | 4.0 | ||
216 | 225 | 13.5 | (2.6) | (16.4)% | 16.2 | 16.8 | ||
636 | 629 | 52.7 | (2.7) | (5.0)% | 55.4 | 46.6 | ||
53 | 51 | 1.0 | (1.3) | (58.0)% | 2.3 | 0.0 | ||
225 | 232 | 17.2 | +13.4 | +363.3% | 3.7 | 5.6 | ||
(27) | (28) | 0.2 | (1.7) | (88.6)% | 2.0 | 1.9 | ||
888 | 885 | 71.1 | +7.5 | +11.9% | 63.5 | 54.2 | ||
4
FY2021/2Q Topics
Domestic processed food business Beverages
Achieved a year-on-year increase in revenue due to the release of new products and proactive promotions
Domestic processed food business Direct marketing
Positioned as a business expected to drive growth and disclosed as a separate segment following a change in segmentation from this fiscal year
Posted gains in revenue and profit due to growing use of the direct marketing channel and rising health consciousness
Domestic processed food business Food and others
Products for household use: Revenue fell due to the recoil from special demand for eating at home caused by COVID-19 but exceeded 2019 levels
Products for Institutional and industrial use: Showed signs of recovery from 2020 but failed to recover to 2019 levels due to protracted slump of food service industry
Domestic agriculture business
Reported declines in revenue and profit due to a downturn in market conditions for fresh tomatoes
International business
Posted gains in revenue and profit due to recovery of food service demand and lower costs due to increased productivity
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KAGOME Co. Ltd. published this content on 10 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2021 06:49:19 UTC.