First Quarter of the Fiscal Year Ending December 31, 2015 ... › english › ir › library › investors › __icsFiles › afiel… · 2015 2014年 Jan-Mar Apr-Jun Jul-Sep Oct-Dec

Copyright (c) 2012 Unicharm Corporation. All rights reserved. Copyright (c) Unicharm Corporation. All rights reserved.

May 8, 2015

Takahisa Takahara

President and CEO

Unicharm Corporation

Projections stated herein include those based on the Company’s assumptions, forecasts and plans

as of May 8, 2015. Therefore, actual results may differ significantly from projections due to risks and

uncertainties associated with market competition, foreign exchange rates, etc.

First Quarter of the Fiscal Year Ending December 31, 2015

Unicharm Presentation Materials for Investor Meeting


Financial Performance Summary:

First Quarter of the Fiscal Year Ending December 31, 2015

Copyright (c) 2012 Unicharm Corporation. All rights reserved.

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Copyright (c) Unicharm Corporation. All rights reserved.

2015 2014

Jan-Maｒ Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec

Companies with fiscal year ending

March


December

2015 2014年

Jan-Mar Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec


March


December

1Q of the FY ending Dec 31, 2014 (Previous term) is an irregular settlement of accounts

6

①1Q of the FY Ending Dec 31, 2014. (Afterward: “Financial report basis”)

1Q of FY2014・・・◆Companies with FY Ending March : Apr-Jun 2014

◆Companies with FY Ending Dec : Jan-Jun 2014

②Consolidated FY for comparison of pro forma amount.

(Afterward: “Adjusted basis” Compared boxes in red)

◆2015 : Jan-Mar 2015 ◆2014 : Jan-Mar 2014

Three

months Six

months

Three

months

Three

months


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【Consolidated】 Year-on-Year Comparison (Financial report basis)

1Q of FY Ending

Dec 31, 2015

1Q of FY Ending

Dec 31, 2014 Difference※

Difference

(%)※

Net sales 177,558 195,709 ーー

Operating income Operating income margin

17,049

9.6%

18,517

9.5%

ー

ー

Ordinary income Ordinary income margin

13,993

7.9%

17,001

8.7％

ー

ー

Net income

EPS (Yen)

5,778

9.62

9,080

15.03

ー

ー

4

(Millions of yen)

※ Difference is not indicated due to irregular closing account for the previous fiscal year.


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Segment Information (Financial report basis)

5

Personal

CarePet Care Others Total

Elimination/

CompanywideConsolidated

1Q of FY Ending Dec 31, 2014

Net sales 174,881 19,496 1,331 195,709 － 195,709

Operating income 17,512 941 62 18,517 0 18,517


Net sales 156,245 20,082 1,230 177,558 － 177,558

Operating income 16,810 205 33 17,049 － 17,049

Japan Asia Others TotalElimination/



Net sales 58,899 106,151 30,658 195,709 － 195,709

Operating income 6,206 11,661 728 18,597 ▲ 79 18,517


Net sales 64,215 86,679 26,663 177,558 － 177,558

Operating income 9,131 7,770 253 17,155 ▲ 105 17,049

(Millions of yen) Business Segment Information (Financial report basis)

Geographical Segment Information (Financial report basis)


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Copyright (c) Unicharm Corporation. All rights reserved. Copyright (c) Unicharm Corporation. All rights reserved.

31.8%34.4%

39.4%39.6%43.4% 44.6%

53.9%

60.2%

70.1%

48.8%54.2%

44.6%

26.8%

64.1%

0

50

100

150

200

'09/1Q '10/1Q '11/1Q '12/1Q '13/1Q '14 /1Q '15 /1Q

0%

10%

20%

30%

40%

50%

60%

70%

Sales in Japan (left axis) Sales in Asia (left axis) Overseas sales excluding Asia (left axis)

Sales composition in Asia (right axis) Overseas sales composition (right axis)

Overseas sales composition reached 64.1% driven by steady increasing sales composition in Asia (※1Q of FY Ending Dec 31, 2014 including special factor)

Changes in Japan and Overseas Net Sales (Financial report basis)

6

(Billions of yen)

※1Q of the FY Ending Dec 31, 2014 is an irregular settlement of accounts (Companies with FY ending March is three months and Companies with FY ending December is six months.

※


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10.8%11.7%

12.5%

14.2%

11.6%10.5%

13.2%

12.5%

18.7%

9.0%

11.0%

17.0%16.6%16.7%

0.9%

5.8% 5.2%4.1%

6.2%

2.2% 2.4%

9.6%

9.5%

12.3%13.5%13.6%

11.8%

12.8%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

'09 /1Q '10 /1Q '11 /1Q '12 /1Q '13 /1Q '14 /1Q '15 /1Q

Japan Asia Other Consolidated

7

Strong sales of high added–value products in Japan Executed aggressive marketing investments focused on Asia

Actual operating income margin by geographical segment (Financial report basis)


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Jan-Mar

2015

Jan-Mar

2014 Difference

Difference

(%) Note

Net sales 177,558 158,900 18,658 11.7％

Operating income

Operating income margin

17,049

9.6%

18,623

11.7%

▲1,574

▲8.5％

Achieved increase in net sales and in operating income

(Excluding retroaction of last-minute demand due to

increasing consuption tax)

8

Year-on-Year Comparison (Adjusted basis※ Jan-Mar 2014 vs Jan-Mar 2015)

(Millions of yen)

※Adjusted basis is management accounting basis.

External factor 1,750 Retroaction of last-minute demand

due to increasing consuption tax

Actual operation income 16,873 176 1.0%


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Japan Asia Others TotalElimination/


Jan - Mar 2014

Net sales 65,757 70,333 22,810 158,900 － 158,900

Operating income 9,954 9,853 64 19,871 ▲1,248 18,623

Jan - Mar 2015

Net sales 64,215 86,679 26,663 177,558 － 177,558

Operating income 9,131 7,770 253 17,155 ▲105 17,049

Difference

Net sales ▲1,542 16,346 3,853 18,658 － 18,658

Operating income ▲823 ▲2,083 189 ▲2,716 1,143 ▲1,574

Difference (%)

Net sales ▲2.3% 23.2% 16.9% 11.7% － 11.7%

Operating income ▲8.3% ▲21.1% 295.3% ▲13.7% ▲91.6% ▲8.5%

18

Geographical Segment Information (Adjusted basis Jan-Mar 2014 vs Jan-Mar 2015) (Millions of yen)

Growth in both net sales and operating income

in Japan except for external factor

Markets expansion by advance marketing investments in Asia


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PersonalCare

Pet Care Others TotalEliminaton/


Jan - Mar 2014

Net sales 138,600 18,916 1,384 158,900 － 158,900

Operating income 18,715 ▲176 84 18,623 － 18,623

Jan - Mar 2015

Net sales 156,245 20,082 1,230 177,558 － 177,558

Operating income 16,810 205 33 17,049 － 17,049

Difference

Net sales 17,645 1,166 ▲154 18,658 － 18,658

Operating income ▲1,905 381 ▲51 ▲1,574 － ▲1,574

Difference (%)

Net sales 12.7% 6.2% ▲11.1% 11.7% － 11.7%

Operating income ▲10.2% － ▲60.7% ▲8.5% － ▲8.5%

17

Business Segment Information (Adjusted basis Jan-Mar 2014 vs Jan-Mar 2015) (Millions of yen)

Stable performance by high added-value products in Japan and

improving profitability by cultivating new markets of pet care

business in North America


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Currency Exchange rate for

FY2014

Exchange rate for

FY2013 Change in rate

Taiwan (TWD) 3.78 3.40 11.2%

Thailand (THB) 3.65 3.15 15.9%

South Korea (KRW) 0.1085 0.0963 12.7%

Indonesia (IDR) 0.0094 0.0087 8.0%

Malaysia (MYR) 32.96 31.19 5.7%

Netherlands (EUR) 134.18 140.79 ▲4.7%

China (CNY) 19.08 16.90 12.9%

Philippines (PHP) 2.71 2.31 17.3%

Saudi Arabia (SAR) 31.78 27.45 15.8%

India (INR) 1.93 1.68 14.9%

USA (USD) 119.09 102.78 15.9%

Russia (RUR) 1.90 2.94 ▲35.4%

Australia (AUD) 93.70 92.11 1.7%

Vietnam (VND) 0.0056 0.0049 14.3%

19

Impact on sales and operating income due to exchange fluctuation (Adjusted basis)

Net sales increased approx. ¥10.9 billion year-on-year,

while operating income increased approx. ¥0.04 billion


Financial Results Forecasts for

Fiscal Year Ending December 31, 2015


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Copyright (c) Unicharm Corporation. All rights reserved. 21

Fiscal year ending

Dec 31, 2015

(Published value)

1Q of FY Ending

Dec 31, 2015

(Actual)

Achievement

Rate (%)

Net sales 760,000 177,558 23.4%

Operating income

Operating income margin

86,000

11.3%

17,049

9.6％ 19.8%

Ordinary income

Ordinary income margin

80,000

10.5%

13,993

7.9% 17.5%

Net income

Net income margin

44,000

5.8%

5,778

3.3% 13.1%

(Millions of yen)

Both net sales and operating income have made

steady progress in the 1Q of the FY ending Dec 31, 2015


Shareholder Return Policy


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2.3 2.7 3.0 3.3 3.74.9 5.1

6.0

7.79.3

10.711.3

12.7 12.73

14.8

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

'02/3 '03/3 '04/3 '05/3 '06/3 '07/3 '08/3 '09/3 '10/3 '11/3 '12/3 '13/3 '14/3 '14/12 '15/12E

47

Change in dividends

※

(Yen) ¥2.07 increase in dividends

※ Fiscal year ended Dec. 31, 2014 is an irregular fiscal year lasting nine months.

Steady and continual dividend payments

Planned dividend for FY ending Dec 31, 2015 is ¥14.80 per share


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Copyright (c) Unicharm Corporation. All rights reserved. 45

Documents

First Quarter of the Fiscal Year Ending December 31, 2015 ... › english › ir › library › investors › __icsFiles › afiel… · 2015 2014年 Jan-Mar Apr-Jun Jul-Sep Oct-Dec