UNICHARM CORPORATION Second Quarter of Fiscal Year Ending December 31, 2023
(Jan 1, 2023 to June 30, 2023）
Unicharm Investor Meeting Presentation Materials
August 4, 2023
Unicharm Corporation
Second Quarter of Fiscal Year Ending December 31, 2023 (January 1, 2023 to June 30, 2023) Financial Performance Summary
Projections stated in these materials include those based on the Company's currently
obtained assumptions, forecasts and plans regarding the future. Therefore, actual results may differ significantly from projections due to risks and uncertainties associated with market competition, foreign exchange rates, etc.
Copyright (c) Unicharm Corporation. All rights reserved.
Second Quarter of Fiscal Year Ending December 31, 2023 (January 1, 2023 to June 30, 2023)
Financial Results Summary
Consolidated | Sales | 453.9 billion JPY (YoY +7.7%) | ||
Core operating income | 58.7 billion JPY (YoY +6.0%) | |||
- Sales hit record high in the first half. Core operating income margin reached the highest level.
- The performance progress is as expected in both sales and core operating income margin.
Japan | 4.2％ sales increase, 7.8％ profit increase |
- Pet Care Business keeps good performance with Value-shifting. Baby Care Business also shows sales and profit increase as a result of value-shifting.
- Wellness Care Business excluding masks led sales increase with value-shifting as per plan.
- With COVID-19 setting down, distribution inventory of mask was continuously adjusted from the first quarter.
Overseas | 9.5％ sales increase, 3.9％ profit increase |
- Increase in sales and decrease in profits in Asia. Overall, Feminine Care Business performs well. Increased sales are driven by India. Decreased profits are affected by shrinking market in Thailand and Vietnam as well as high competition, but it is expected to improve from the second half.
- Increase in sales and profits in other regions. Good performance continued in North America. Profitability was established with high growth in Brazil. Performance is improving in Middle East.
Shareholder | Yearly dividend 40 yen per share |
Return | Increased dividend for 22 consecutive years |
- Purchase of own shares: purchased 10 billion yen out of 17 billion yen total acquisition limit.
Copyright (c) Unicharm Corporation. All rights reserved. | 3 |
Sales hit record high in the second quarter and achieved sales and profits increase
Performance progress is as expected even under a harsh environment
- Consolidated account highlights
(From Jan. to June) | 2Q of FY ended | |
Dec. 31, | ||
2022 | ||
Net sales | 4,216 |
2Q of FY
ending
Dec. 31,
2023
4,539
(100 millions of yen) | ||||
Gap(yen) | Gap(%) | (Forecast) | Achievement | |
FY ending Dec. | ||||
(%) | ||||
31, 2023 | ||||
+323 | +7.7% | 9,635 | 47.1% |
Core operating income | 554 | 587 | +33 | +6.0% | 1,410 | 41.7% |
(margin-%) | (13.1%) | (12.9%) | (-0.2P) | (14.6%) | ||
Profit before tax | 564 | 610 | +46 | +8.2% | 1,375 | 44.4% |
(margin-%) | (13.4%) | (13.4%) | (±0P) | (14.3%) | ||
Profit attributable to owners of | 318 | 347 | +29 | +9.1% | 809 | 42.9% |
parent company (margin-%) | (7.5%) | (7.6%) | (+0.1P) | (8.4%) | ||
EBITDA | ||||||
(profit before tax + depreciation/ | 765 | 816 | +52 | +6.7% | 1,795 | 45.5% |
amortization) | ||||||
Base earnings per share (JPY) | 53.26 | 58.47 | +5.21 | +9.8% | 136.78 | 42.7% |
USD Rate (JPY) | 122.89 | 134.85 | +11.96 | +9.7% | 130.00 | ― |
CNY Rate (JPY) | 18.94 | 19.45 | +0.51 | +2.7% | 19.20 | ― |
Copyright (c) | Unicharm Corporation. All rights reserved. | 4 |
Sales growth sustained and hit record high with continuous value-shifting Profitability improves with value-shifting
and reached high level in the second quarter (Apr.-June)
- Sales trend (quarterly)
(Unit: 100 million yen)
2,172 | 2,331 | ||||||||||||||||
1,949 | |||||||||||||||||
1,739 | 1,728 | ||||||||||||||||
1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | 1Q | 2Q |
2019 | 2020 | 2021 | 2022 | 2023 |
Copyright (c) Unicharm Corporation. All rights reserved.
- Core operating income trend
(quarterly) | (Unit: 100 million yen) |
304 | 303 | ||||||||||||||||
250 | 255 | ||||||||||||||||
191 | |||||||||||||||||
1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | 1Q | 2Q |
2019 | 2020 | 2021 | 2022 | 2023 | |||||||||||||
5 |
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Unicharm Corporation published this content on 04 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2023 07:37:00 UTC.
