Announcement of the Settlement of Accounts for the 3rd Quarter of the Year Ending March 2020

2020.2.4

(Note) Figures shown have been rounded down to the nearest million yen

Our settlement of accounts for the 3rd quarter of the year ending March 2020 was announced on the afternoon of Tuesday, February 4 at the Tokyo Stock Exchange Press Club. An outline of the accounts is presented below.

Consolidated Results for the 3rd Quarter of the Year Ending March 2020 (April 1, 2019 to December 31, 2019)

Consolidated operating results (total)

(% is in comparison to the previous year)

	Revenue		Operating profit		Ordinary profit		Net income attributable to shareholders of parent company
	(millions of yen)	(%)	(millions of yen)	(%)	(millions of yen)	(%)	(millions of yen)	(%)
Third quarter of the year ending March 2020	291,499	28.6	16,640	4.4	15,113	(3.4)	12,031	33.5
Third quarter of the year ending March 2019	226,657	(1.6)	15,933	0.7	15,639	0.3	9,015	(18.6)

*Comprehensive income:

The 3rd Quarter of the Year ending March 2020:4,953 million yen +40.1%
The 3rd Quarter of the Year ending March 2019:3,536 million yen (70.9%)

Overviews by division are as follows

Revenue
（Bottom row：Domestic,
Top row : Overseas）
Operating profit
（Bottom row：Domestic,
Top row : Overseas）

Vegetable Oils and Fats

Net sales decreased due to sales focused on profitability in Japan and overseas. Income increased on increase of high value added products in Japan and Americas and improvement of profitability.

Industrial Chocolate

Net sales increased significantly due to the consolidation of Blommer Chocolate Company. Income decreased due to a reversal of the futures evaluations in Blommer and Brazil declined in profitability.

Emulsified and Fermented Ingredients

Net sales decreased due to low sales volume for margarine and preparation in Japan. Income increased due to firm sales of cream and improvement of profitability in Japan.

Soy-based Ingredients

Net sales decreased due to the sale of a Chinese subsidiary in the previous year. Income increased due to firm sales of soy protein ingredients and soy protein foods.

*Total operating income of each segments are no include group administrative expenses

Forecasts for Consolidated Results for the Year Ending March 2020 (April 1, 2019 to March 31, 2020)

(% is in comparison to the previous year)

	Revenue		Operating profit		Ordinary profit		Net income attributable to shareholders of parent company		Net income per share
	(millions of yen)	(%)	(millions of yen)	(%)	(millions of yen)	(%)	(millions of yen)	(%)	(yen)
Full Year	430,000	-	25,500	-	24,000	-	17,000	-	197.77

*Qualitative information regarding forecast consolidated figures
For the current consolidated fiscal year, the transitional period during this change in accounting periods, the accounting period for overseas consolidated subsidiaries subject to the accounting period change shall be the 15-month period from January 1, 2019 to March 31, 2020. As such, we do not indicate the rate of change (%) in YoY performance.

More Detail

3Q/FY2019 IR information (423KB)

End of report

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