Suntory Beverage&Food, 4% Decrease in Net Income for The Current Fiscal Year, Increased Previous Year's Dividend by 8 yen, Plan to Continue the 120 yen Policy This Fiscal Year as Well

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Thu Feb 13, 2025 3:00 pm JST Earnings

2587 Suntory Beverage & Food Limited 【IFRS】

Earnings Report

Suntory Beverage & Food Limited <2587> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on February 13th (15:00). The consolidated net income for the fiscal year ending December 2024 increased 13.0% from the previous period to 93.4 billion yen. However, for the fiscal year ending December 2025, the profit is expected to decrease by 3.7% from the previous period to 90 billion yen.

At the same time, the company increased the annual dividend for the previous term from 112 yen to 120 yen (compared to 80 yen in the prior term), and has decided to continue with a dividend of 120 yen for the current term as well.

In the most recent three-month period, from October to December (4Q), the consolidated net income dropped to 10.2 billion yen, a 34.3% decrease compared to the same period last year. The operating profit margin worsened from 6.3% in the same period last year to 5.0%.

Kabutan News

Actual Results

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	1,450,397	139,688	139,291	82,317	266.4	80	Feb 13, 2023	IFRS
Dec, 2023	1,591,722	141,726	141,781	82,743	267.8	80	Feb 15, 2024	IFRS
Dec, 2024	1,696,765	160,249	161,047	93,495	302.6	120	Feb 13, 2025	IFRS
YoY	+6.6%	+13.1%	+13.6%	+13.0%	+13.0%

Full Year Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2024 Guidance	1,687,000	153,500	153,000	86,500	279.9	112	Nov 12, 2024	IFRS
Dec, 2024 Results	1,696,765	160,249	161,047	93,495	302.6	120	Feb 13, 2025	IFRS
Revision Rate	+0.6%	+4.4%	+5.3%	+8.1%	+8.1%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan - Jun, 2024	817,360	80,934	81,572	46,494	150.5	55	Aug 8, 2024	IFRS
Jan - Jun, 2025 Guidance	ー	ー	ー	ー	－	60	Feb 13, 2025	IFRS
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2023	1,591,722	141,726	141,781	82,743	267.8	80	Feb 15, 2024	IFRS
Dec, 2024	1,696,765	160,249	161,047	93,495	302.6	120	Feb 13, 2025	IFRS
Dec, 2025 Guidance	1,796,000	161,000	160,500	90,000	291.3	120	Feb 13, 2025	IFRS
YoY	+5.8%	+0.5%	-0.3%	-3.7%	-3.7%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	398,321	24,955	24,294	15,574	50.4	6.3	Feb 15, 2024	IFRS
Jan - Mar, 2024	371,657	33,876	34,651	20,253	65.6	9.1	May 13, 2024	IFRS
Apr - Jun, 2024	445,703	47,058	46,921	26,241	84.9	10.6	Aug 8, 2024	IFRS
Jul - Sep, 2024	460,304	58,511	57,934	36,766	119.0	12.7	Nov 12, 2024	IFRS
Oct - Dec, 2024	419,101	20,804	21,541	10,235	33.1	5.0	Feb 13, 2025	IFRS
YoY	+5.2%	-16.6%	-11.3%	-34.3%	-34.3%