Third Quarter FY3/2017
Consolidated Financial Results
(supplementary materials)
February 7, 2017
The Nisshin OilliO Group, Ltd.
1
Summary of Consolidated Financial Results for
Third Quarter FY3/2017
(Million yen)
3Q FY3/2017
3Q FY3/2016
YoY
Change
Change (%)
242,654
249,424
-6,770
-2.7%
Operating income
9,301
4,412
+4,889
+110.8%
Ordinary income
9,237
4,832
+4,405
+91.2%
Net income attributable
to the parent's
shareholders
6,657
3,378
+3,279
+97.1%
Soybean Unit Price
(USD/t)
426
434
-8
-2%
Rapeseed Unit Price
(USD/t)
433
482
-49
-10%
Foreign Exchange
Rate (JPY/USD)
109
120
-11
-9%
Net sales
*Figures for raw materials and foreign exchange rates are based on the Nisshin OilliO Group results.
2
Consolidated Results by Business Segments (1)
(Billion yen)
3Q FY3/2017
Net sales
Operating income
3Q FY3/2016
Net sales
Operating income
Change (%)
Net sales
Operating income
160.2
5.4
167.5
2.3
-4.4% +134.5%
Processed Oil
and Fat
61.8
3.3
62.1
1.5
-0.5% +119.2%
Fine
Chemical
12.6
0.9
11.4
0.7
+10.6%
+27.1%
Healthy Food
5.5
-0.2
5.6
0.0
-1.8%
-
Other/
Corporate
2.5
-0.1
2.8
-0.1
-9.2%
-
Consolidated
total
242.6
9.3
249.4
4.4
-2.7% +110.8%
Percentage of
Overseas Sales
19.6%
Oil and Meal
19.1%
+0.5%
3
Consolidated Results by Business Segments (2)
4
Raw Material and Oil Meals Price Trends: Soybean
Raw material
price (USD/t)
大豆
原料価格（USD/ｔ）
1.8
Raw material
price (JPY/t)
大豆
原料価格（¥/ｔ）
Soybean meal
selling price (JPY/t)
大豆粕
販売価格（¥/ｔ）
Taking Apr-Sep 2011 as baseline of 1.0
1.6
1.4
1.2
1.0
0.8
0.6
*Figures are based on the Nisshin OilliO Group results.
5
Raw Material and Oil Meals Price Trends: Rapeseed
Raw material
price (USD/t)
菜種
原料価格（USD/ｔ）
1.8
Raw material
price (JPY/t)
菜種
原料価格（¥/ｔ）
Rapeseed
meal selling price (JPY/t)
菜種粕 販売価格（¥/ｔ）
Taking Apr-Sep 2011 as baseline of 1.0
1.6
1.4
1.2
1.0
0.8
0.6
*Figures are based on the Nisshin OilliO Group results.
6
Unit Selling Price Trends (major oil & fat products)
1.8
Taking Apr-Sep 2011 as baseline of 1.0
1.6
1.4
1.2
1.0
0.8
0.6
*Figures are based on the Nisshin OilliO Group results.
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Factors Impacting Operating Income
(Year on Year)
Third Quarter FY3/2016
Operating income: ¥4.40 billion
Raw Material Costs
Soybean
+0.80
Rapeseed
+3.65 Total ±0.0
+6.30
Overseas Subsidiaries
Foreign Exchange
Subtotal
+10.75
Unit Price of Meal
Sales of Oils and Fats
Total
Fine Chemical, Healthy Food Businesses (including subsidiaries)
(Oil and Meal, Processed Oil and Fat Businesses)
-5.45
-1.65
Domestic Subsidiaries
(Oil and Meal, Processed Oil and Fat Businesses)
Domestic Subsidiaries (Other)
Total
+3.65
(Billion yen)
+0.05
+0.10
+1.55
Other
SG&A
Manufacturing Costs, Other
Total
+1.40
-0.90
+0.60
-0.30
Up ¥4.90 billion
Third Quarter FY3/2017
Operating income: ¥ 9.30 billion
8
Soybean Market Price Trends
￠/Bu
1,800
1,600
1,400
6/30 1,056.25
6/10 1,178.25
1,200
1,000
800
11/20 857.50
4/7 904.50
600
Source: Bloomberg (Chicago Board of Trade, closing price)
9
Rapeseed Market Price Trends
CAD/t
700
600
7/10 542.9
12/7 529.3
500
400
4/16 441.10
7/25 443.90
300
Source: Bloomberg (Winnipeg Commodity Exchange, closing price)
10
Palm Oil Market Price Trends
MYR/t
3,700
12/6 3,268
3,300
2,900
12/31 2,398
2,500
2,100
8/26 1,800
7/12 2,270
1,700
Source: Bloomberg (Malaysia, closing price)
11
Foreign Exchange Rate Trends
JPY/USD
6/5
125.63
12/15 118.18
120
110
8/24 118.41
100
90
8/18 99.89
80
70
Source: Bloomberg (Tokyo foreign exchange market, closing price)
12
Meal Value Trends
%
75
70
65
60
55
50
Source: CBT market (soybean meal, soybean oil)
13
Nikkei Market Price Trends: Oils
JPY/kg
JPY/18 liter drum
5,000
290
4,500
270
4,150
3,850
4,000
250
3,750
233.0
3,500
3,600
230
220.5
3,000
210
205.0
2,500
195.5
190
192.5
2,000
170
1,500
150
Soybean oil
大豆白絞斗缶
(18 liter drum)
大豆白絞バルク
Soybean oil (bulk)
菜種白絞バルク
Rapeseed oil (bulk)
Source: Nikkei inc.
14
Market Price Trends: Meals
%
JPY/ｔ
100,000
80.0
78.1
75.0
90,000
68.3
70.0
80,000
65.4
70,000
60.0
60,000
50,000
65.0
69,500
53,500
51,000
48,000
55.0
50.0
45.0
40,000
35,000
32,800
30,000
40.0
35.0
20,000
30.0
大豆粕
Soybean
meal
菜種粕
Rapeseed meal
菜種粕ﾚｼｵ meal ratio
Rapeseed
Source: The Daily “Yushitokuhou”
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