Consolidated Financial Summary

Five-Year Consolidated Financial Summary


Gross profit ratio

Operating income ratio

Selling, general and administrative
expenses ratio

Return on equity(ROE)

Return on total assets(ROA)

Capital expenditures

Depreciation and
amortization

Interest-bearing debt

Interest-bearing debt/equity ratio

'14/3 '15/3 '16/3 '17/3 '18/3
Gross profit ratio(%) 18.4 18.2 18.2 19.4 18.6
Operating income ratio (%) 3.2 4.0 4.0 4.5 3.9
Selling, general and administrative expenses ratio (%) 15.1 14.3 14.2 14.9 14.7
Return on equity (ROE) (%) 8.0 9.2 6.1 9.2 8.8
Return on total assets (ROA) (%) 5.8 6.8 5.3 7.0 6.8
Capital expenditures
(¥ million)
29,152 35,694 36,799 43,765 41,466
Depreciation and amortization(¥ million) 18,649 18,951 19,445 19,765 21,234
Interest-bearing debt
(¥ million)
144,901 136,758 154,583 138,284 110,948
Interest-bearing debt/equity ratio (Times) 0.45 0.39 0.43 0.34 0.25

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)Return on equity (ROE) (%)=Net income attributable to NH Foods Ltd./Average NH Foods Ltd. shareholders' equity×100

5)Return on total assets (ROA) (%)=Income from continuing operations before income taxes and equity in earnings (losses) of associated companies/Average total assets×100

6)Interest-bearing debt/equity ratio (Times)= Interest-bearing debt/NH Foods Ltd. shareholders' equity