Consolidated Financial Data

Five-Year Consolidated Financial Highlights


Net sales and Operating income

Net Income attributable to NH Foods Ltd. and Basic earnings per share attributable to NH Foods Ltd. shareholders

Total assets and NH Foods Ltd. shareholders’ equity

Thousands
of U.S. Dollars

'14/3 '15/3 '16/3 '17/3 '18/3 '18/3
Net Sales 1,110,766 1,199,956 1,229,324 1,202,293 1,269,201 11,973,594
Operating Income 36,089 47,770 49,207 53,802 49,218 464,320
Income from Continuing Operations before Income Taxes and Equity in Earnings (Losses) of Associated Companies 35,673 43,797 35,309 49,112 50,455 475,989
Net Income from Continuing Operations 25,085 30,435 21,985 35,067 37,419 353,009
Net Income Attributable to NH Foods Ltd. 24,524 31,048 21,779 35,004 37,147 350,443
EBITDA 55,822 64,092 56,138 70,017 72,861 687,368
Total Assets 627,220 661,567 682,855 720,276 755,076 7,123,359
NH Foods Ltd. Shareholders’ Equity 320,984 353,664 356,353 404,126 440,793 4,158,424
Basic earnings per share attributable to NH Foods Ltd. shareholders (¥/$) 244.23 304.86 213.84 343.47 348.46 3.29
Diluted earnings per share attributable to NH Foods Ltd. shareholders (¥/$) 221.83 286.22 200.89 322.54 342.07 3.23
Price Earnings Ratio (Times) 12.59 18.16 23.19 17.40 12.51 12.51
Price Book-Value Ratio (Times) 0.98 1.59 1.42 1.56 1.06 1.06
Price Cash Flow Ratio (Times) 9.37 19.00 9.62 9.34 8.51 8.51

NOTES

1) The above financial figures are based on Generally Accepted Accounting Principles in the United States of America.

2) Figures have been rounded to the nearest unit.

3) Operating income is calculated by deducting cost of goods sold and selling, general and administrative expenses from net sales, in accordance with Japanese accounting practices.

4) The translations of Japanese yen amounts into United States dollar amounts with respect to the year ended March 31, 2018 are included solely for the convenience of readers outside Japan and have been made at the rate of ¥106=$1, the approximate rate of exchange at March 31, 2018.

5) EBITDA=Income from continuing operations before income taxes and equity in earnings (losses) of associated companies+interest expense+depreciation and amortization

6) Price Earnings Ratio(PER)=Stock price at end of year/Basic earnings per share attributable to NH Foods Ltd. shareholders

7) Price Book-Value Ratio(PBR)=Stock price at end of year/NH Foods Ltd. Shareholders' Equity per share

8) Price Cash Flow Ratio=Stock price at end of year/Net cash provided by (used in) operating activities per share

9) As of April 1. 2018, NH Foods Ltd. carried out a share consolidation at a ratio of one share for each two shares of common stock. Basic earnings per share attributable to NH Foods Ltd. shareholders and Diluted earnings per share attributable to NH Foods Ltd. shareholders were computed on the assainption that the share consolidation was carried out at the begianing of the year ended March 31, 2014.