In Investor Re Rela lation tions Nov. 2019
Disclaimer This presentation was made as the dates shown and reflected management views as of these dates. All financial information regarding CJ corp. business results and forward looking statements and beliefs about future events are subject to known risks and uncertainties that may cause actual results to differ from those stated or implied. The financial information in this document are consolidated earnings results based on K ‐ IFRS. These statements involve risks and uncertainties, and actual results may differ. CJ corp. is under no obligation or responsibility to update the information provided in the presentation in correspondence to their respective dates.
CO CONTENTS Company Over vervie iew 1. 1. 3Q19 19 Ear Earnin ings Revie eview 2. . App ppendix 3. 3.
Company Overview
CO COMPANY OVERVIEW EW Vision & Mission Co Core Business Are reas Vis Visio ion Cre reat ate a a New Cul ulture re For r Heal althy, Happy and d 17% 29% Convenient Lifestyle s s Food ood & Entertain inment Food ood &Media ia Servic Se ice 37% 7% 17% Retail il & Bio Missio ion Logis Logistic ics Contribute to o th the gl glob obal community by pr by providing th the best t val value to o our r cus ustomers wi with ONLYO YONE pr prod oducts s and servi rvice ces * 2018 K-IFRS Consolidated, Revenue Breakdown 4
COMPANY OVERVIEW CO EW [As of end of Dec, 2018] Listed 44.6% 40.1% CJ Cheilchedang CJ ENM Ex. E&M Ex. Food BIO 71.3% O Shopping Studio 47.1% Dragon 53.9% CJ Freshway CJ Logistics CJ Hello 40.1% 96.0% 39.0% CJ Olive CJ Foodville CJ CGV Networks 55.0% Fo Food & Re Retail Ent ntertainment Bi Bio Food Se Foo Service & Logistics & & Media & *Note: Common Stock Basis 5
COMPANY OVERVIEW CO EW Financial Sum Fi Summary [Unit: W Bn] Since the transition to a holdings company in September 26,899 30,000 2,500 2007, CJ Corp has achieved Sales CAGR of 14.6% and 23,954 25,000 17,628 18,852 19,572 21,167 2,000 operating profit CAGR of 10.3% through adopting 20,000 1,500 “choose and focus” strategy on 4 core business areas. 11,616 13,271 15,000 9,665 1,326 1,225 1,253 1,000 7,913 By the end of 2018, Company's total assets and revenue 10,000 901 1,063 786 1,003 788 738 500 5,000 550 recorded KRW 31.7 trillion and KRW 29.5 trillion , which is 0 0 262% and 273% increase within past 10 years, 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 respectively. Revenue Operating Profit Note: K-IFRS Consolidated Consolidated Revenue CJ’s Globalization 2008 2018 Expand global presence of businesses which are already indisputably a domestic leader under the operations of CJCJ, CJ Logistics, CJ CGV and more Globa bal Globa bal 6% 6% Continue to increase global sales proportion which has seen a 29% remarkable growth from 6% in 2008 up to 29% in 2018 Do Domestic Domestic Do 71% Increase market share already at unwavering global No. 1 of 94% major Bio products, namely lysine, nucleotides and tryptophan 국내 73% 해외 No.1 theater operator in Vietnam and Turkey 94% 27% 6
CO COMPANY OVERVIEW EW Business Overview Bus [Unit: W Bn, %] Strengt gthen competitiveness ss and d maximize B/S B/S 2017 17 2018 18 P/L P/L 2017 17 2018 18 synergies s betw tween four core business ss areas s Asset 29,325 31,729 Revenue 26,899 29,523 in the group Operating Liability 17,333 19,207 1,326 1,333 Profit Net Foo Food & & Foo Food Ser ervic ices : Actively pursue global Equity 11,992 12,522 1,137 880 Income expansion based on the experience as the Liability to country’s leading producer and service provider OP Margin 145% 153% 4.9% 4.5% Equity Ratio Bio io : Secure global No. 1 position in green bio Note: K-IFRS Consolidated with outstanding R&D and advanced technologies Ret etail l & & Logis isti tics : Provide the largest total Ty Type No. . of Share res Stake Note As As of En End of 2018 logistics services and operate the country’s top Shares Common 29,176,998 selling home shopping channel and Korea’s Outstanding Preferred 2,260,223 leading health & beauty (H&B) store brand Treasury Common 2,971,575 10% En Entert rtain inment & & Me Media ia: Create and produce contents unlimited to movies, music, drama and Shares Preferred 1,120 performance and operate the country’s largest Major Shareholder Common 12,275,574 42% movie theater complex 7
3Q19 Earnings Review 8
CJ CJ Co Corp. . 3Q 3Q19 Ea Earnings Review Fi Financial Hi Highlights [Unit : W Bn] [Unit : W Bn] 8,680 9,000 1,000 8,454 1Q 18 18 2Q 2Q18 3Q 3Q18 4Q 4Q18 1Q 19 19 2Q 19 19 3Q 19 19 7,801 7,795 7,675 8,000 800 7,063 6,974 7,000 Revenue 6,974 7,063 7,675 7,801 7,795 8,454 8,680 600 6,000 400 Operating 5,000 427 342 301 406 283 343 365 427 406 365 Profit 342 343 200 301 4,000 283 3,000 0 (%) 4.9% 4.3% 5.3% 3.6% 4.4% 4.3% 4.9% 1Q 18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 Revenue OP 3Q19: Revenue KRW 8,679.7bn (YoY +12.9%), OP KRW 426.8bn (YoY +5.0%) : Growth led by CJCJ, CJ Logistics’ Parcel/Global and CJ ENM’s Commerce/Movie, OliveYoung business : OP increased with the best-ever performance record of CJ Logistics and improved profitabilities of CJ Freshway/OliveYoung Enha Enhance ced mar arket t competitiv iveness ss in n al all four main n bus usiness ss ar areas, whi hich ha has s achi hieved more stabi ability in n di diversifie ied po portf tfolio : Driving future growth through globalization - continuous endeavors in diversifying product portfolio within the Food business, setting the cornerstone by acquisition of local company at CJ Logistics and enhancing content producing capability at CJ ENM : Inter-sub synergies – business portfolio includes Food, Entertainment, Retail and Logistics, all of which are synergistic to one another, promoting further 9
CJ CJ Co Corp. . 3Q 3Q19 Ea Earnings Review 3Q19 19 Operating Results by business Revenue Op Operating Pr Prof ofit [Unit : W Bn] [Unit : W Bn] 3Q18 3Q19 Yo YoY 3Q18 3Q19 YoY Yo Food & Food Service 2,276 2,971 30.5% Food & Food Service 145 136 -6.0% Bio 1,290 1,211 -6.1% Bio 69 58 -16.5% Retail & Logistics 2,852 3,239 13.6% Retail & Logistics 93 151 63.1% Entertainment & Media 1,266 1,258 -0.6% Entertainment & Media 97 66 -32.0% Others 2.1 1.5 -28.6% Others -3 16 393.9% Total 7,686 8,680 12.9% Total 406 427 5.0% Stability of of the Business Por Portfolio Operating Profit Revenue Others Others Ente tertai tainm 0% 0% Others Ente tertai tainm 0% 0% Others Ente tertai tainm Ente tertai tainm ent t & 7% 7% ent t & -1% 1% Food & Food & ent t & Medi dia ent t & Food & Food Medi dia Food Food & Medi dia Medi dia 16% Food Service 14% Service Food 24% 15% Service 32% 30% Service Retai tail & 34% 36% Retai tail & Logi gisti tics Retai tail & Bio Logi gisti tics Bio 37% Retai tail & Logi gisti tics 17% Bio 14% 37% Logi gisti tics Bio 35% 14% 23% 17% 10
Li Listed Subsidiaries 3Q1 Q19 Fi Financial Hi Highlights 3Q19 Com Compa pany Highlig Hi ights W bn bn YoY Revenue 3,446 +25.5% ∙ Up with effects of Schwan’s company acquisition and high growth of global processed food CJCJ OP -14.3% ∙ Down with burden of fixed cost of new factory and spread of ASF(African Swine Fever) 181 Revenue +8.4% ∙ Solid growth from global (+13.6%yoy) and parcel (+13.0%yoy) division 2,622 CJ Logistics +67.7% ∙ Recorded a historic high thanks to ASP hike, demarketing on low margin clients and restructuring of loss- OP 89 making business Revenue +6.9% ∙ Up with overall growth by enhancing differentiated content competitiveness and production capabilities 1,153 ENM -16.3% ∙ Despite commerce’s own brand enhancement and an expansion of film production, OP 64 decreased due to sluggish of consolidated CJ Hello’s profit ( -17bn yoy) Revenue +5.2% ∙ Up with high growth of the number of theaters and box offices in Indonesia/Vietnam 498 CGV OP 31 -4.9% ∙ Decreased due to lack of blockbuster line-up globally and sluggish box office in china +9.3% ∙ Up with growth of food material distribution and food catering service through selective new orders Revenue 770 centered on profitability FreshWay +32.8% ∙ Up with improving profitability due to efficiency of logistics and adjustment of contract terms for major OP 18 trading lines of food catering service ※ CJCJ excluding CJ Logistics 11
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