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 Liabilities

Interest-bearing Liabilities /equity ratio

'15/3
(US)
'16/3
(US)
'17/3
(US)
'18/3
(US)
  '18/3
(IFRS)
'19/3
(IFRS)
Gross profit ratio(%) 18.2 18.2 19.4 18.6   16.8 16.3
Operating income ratio (%) 4.0 4.0 4.5 3.9   3.6 2.6
Selling, general and administrative expenses ratio (%) 14.3 14.2 14.9 14.7   13.1 13.6
Return on equity (ROE) (%) 9.2 6.1 9.2 8.8   9.4 4.8
Return on total assets (ROA) (%) 6.8 5.3 7.0 6.8   7.4 4.1
Capital expenditures
(¥ million)
35,694 36,799 43,765 41,466   41,201 47,820
Depreciation and amortization(¥ million) 18,951 19,445 19,765 21,234   20,714 22,417
Interest-bearing Liabilities[Interest-bearing debt]
(¥ million)
136,758 154,583 138,284 110,948   111,401 147,009
Interest-bearing Liabilities[Interest-bearing debt]/equity ratio (Times) 0.39 0.43 0.34 0.25   0.27 0.37

NOTES

1) The above financial figures until the year ended March 31, 2018 are based on Generally Accepted Accounting Principles in the United States of America (US-GAAP), and the financial figures since the year ended March 31, 2018 are based on International Financial Reporting Standards (IFRS). If the presentaions under US-GAAP and IFRS are different, items under US-GAAP are stated in "[ ]".

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) (%)=Profit Attributable to Owners of The Parent[Net income attributable to NH Foods Ltd.]/Average Total Equity attributable to Owners of The Parent[Average NH Foods Ltd. shareholders' equity]×100

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

6) Interest-bearing Liabilities[Interest-bearing debt]/equity ratio (Times)= Interest-bearing Liabilities[Interest-bearing debt]/Total Equity attributable to Owners of The Parent[NH Foods Ltd. shareholders' equity]