Summary of Financial Results for FY3/2017 and Plans for FY3/2018 Takao Imamura President and Representative Director 2

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1 FY3/2017 Financial Results Presentation May 23, 2017 The Nisshin OilliO Group, Ltd. 1

2 Summary of Financial Results for FY3/2017 and Plans for FY3/2018 Takao Imamura President and Representative Director 2

3 Consolidated Financial Results for FY3/2017 (Million yen) FY3/2017 FY3/2016 Change (%) FY3/2014 Change (%) Net sales 324, , % 337, % Operating income 10,234 7, % 5, % Ordinary income 10,334 7, % 5, % Net income attributable to the parent's shareholders 7,569 5, % 2, % 3

4 Review of Medium-Term Management Plan (FY3/2015 to FY3/2017) Key Point Trend in Operating Income Continuous earnings growth was achieved over the three years covered by the Medium- Term Management Plan through FY3/2017 (Billion yen) Oil and Meal Business, and Processed Food Business Segment Initial goal Results Domestic Oil and Fat Healthy Foods and Others Achievement of stable earnings Create new businesses and global brands in the medium-chain triglycerides business Made progress in structure reforms by deploying high value-added products, improving earnings in standard oils category, and reducing costs Expanded lineup of health-related products that use MCT, and develop market for elderly and nursing care Processed Oil and Fat Business Steady expansion of earnings as second pillar after the domestic oil and fat business Fortified a global platform for growth centered on Intercontinental Specialty Fats (ISF), Daito Cacao Co., Ltd., and T.&C. Manufacturing Co., Pte. Ltd FY3/2014 年度 2014 FY3/2015 年度 2015 FY3/2016 年度 2016 FY3/2017 年度 Oil, meal, and processed food, and others Processed Oil and Fat Fine Chemical 4 Fine Chemical Business Further expansion in business scale and advancement of globalization Expanded sales of raw materials for cosmetics in China through the establishment of a local subsidiary

5 Business Structural Reform through Nurturing of High Value-Added Categories Trend in Profit in High Value- Added Categories Results from FY3/2015 to FY3/2017, with results for FY3/2014 indexed as FY3/2014 年度 2014 FY3/2015 年度 2015 FY3/2016 年度 2016 FY3/2017 年度 Key Point Profit in high value-added categories increased 22% from FY3/2014 High value-added products as a percentage of consolidated profit FY3/2017 Results 17% 18% 9% Standard products and others 56% High value-added products as a percentage of profit from household-use products FY3/2017 Results Standard products and others High value-added 38% categories 62% Oil, meal, and processed food Processed Oil and Fat Fine Chemical 5 * Profit represents profit on sales, a profit indicator for internal management purposes, calculated as gross profit less direct operating expenses and certain other items.

6 FY3/2018 Consolidated Earnings Forecasts (Million yen) FY3/2018 Forecasts FY3/2017 Results Change YoY % Change Net sales 340, , , % Operating income 10,000 10, % Ordinary income 10,000 10, % Net income attributable to the parent's shareholders 6,500 7,569-1, % 6

7 Factors Impacting Operating Income FY3/ Operating 年度 income Billion yen 営業利益億円 Billion yen 億円 FY3/ Operating 年度 income Billion yen 営業利益億円 Oil 油脂油糧および加工食品 and Meal and processed food Increase 販売数量の増加 in sales volume Change 子会社利益の増減 in subsidiaries profit SG&A expenses and 販管費その他 others 付加価値カテゴリーでの拡販など Expand sales in high value-added categories, etc. Changes in market conditions, etc. 市況変動など販売単価 Unit sales prices Cost 原価変動 fluctuations Increases in logistics, sales promotion and other expenses 販売数量増加に伴う物流費販促費等の増加 in line with increased sales volume Processed 加工油脂 Oil and Fat Domestic 国内加工油脂 processed oil and fat Overseas processed oil 海外加工油脂 and fat Consolidation 連結調整 adjustment Increase in expenses in the Indonesian joint venture インドネシア合弁事業での費用増加など business, etc. Fine ファインケミカル Chemical Other/Corporate その他調整

8 Targets FY3/2017 FY3/2018 FY3/2021 Operating income Billion ROE % EPS growth rate Operating cash flow CAGR of 8% Four-year total through FY3/2021 Yen per share Billion 8

9 Dividend Policy In order to appropriately return the benefits of earnings growth to shareholders, we have adopted a dividend payout ratio of 30% and have set an annual dividend of 12 yen per share for FY3/2018, an increase of 2 yen. Billion yen 80 90% % 30% Dividend payout ratio Net income 0 Annual dividend FY3/2015 FY3/2016 FY3/2017 FY3/ 年度 2015 年度 2016 年度 2017 年度 ( 計画 ) 10 per share 10 per share 10 per share 12 per share* 0% * The Company plans to consolidate its shares of common stock at the ratio of five shares to one share as of October 1, For 2017, the Company plans to pay an interim dividend of 6 yen per share and a yearend dividend of 30 yen per share after the consolidation of its shares. 9

10 Summary of Financial Results for FY3/2017 (Year Ended March 31, 2017) Nobuyuki Watanabe General Manager, Financial Department 10

11 Summary of Consolidated Financial Results for FY3/2017 (Year Ended March 31, 2017) (Million yen) YoY FY3/2017 FY3/2016 Change % Change Net sales 324, ,836-2, % Operating income 10,234 7,129 +3, % Ordinary income 20,334 7,370 +2, % Net income attributable to the parent's shareholders 7,569 5,020 +2, % 11

12 Consolidated Results by Business Segments FY3/2017 FY3/2016 % Change (Billion yen) Net Sales Operating income Net Sales Operating income Net Sales Operating income Oil and Meal % +65.2% Processed Oil and Fat % +41.3% Fine Chemical % +15.4% Healthy Foods % - Other / Corporate % - Consolidated total % +43.6% Percentage of overseas sales 21.0% 19.5% +1.5% 12

13 Factors Impacting Operating Income (Results) FY3/ Operating 年度 income 7.15 Billion yen 営業利益 71.5 億円 Billion yen 億円 FY3/ Operating 年度 income Billion yen 営業利益億円 Oil 油脂油糧 and Meal Increase 販売数量の増加 in sales volume Changes in market 市況変動など conditions, etc SG&A expenses and 販管費その他 others Change 子会社利益の増減 in subsidiaries profit Expanded sales of high value-added products such as olive オリーブオイルごま油などの付加価値商品の拡販 oil and sesame oil Increases in depreciation and amortization, advertising 減価償却費広告費等の増加 costs and other expenses 搾油採算の改善 Improved oil extraction profits, sales コストに見合う適正価格での販売 at optimal prices in line with costs Processed 加工油脂 Oil and Fat Overseas processed 海外加工油脂 oil and fat Consolidation 連結調整 adjustment Domestic 国内加工油脂 processed oil and fat Expanded sales of margarine, specialty fats, and other products, while profit decreased for confectionery ingredients (premix products) マーカリンチョコレート油脂等の拡販製菓原料 ( 調整品 ) の利益減 Expanded sales of high value-added palm oil products for Europe 欧州向け付加価値型パーム製品の拡販 Fine ファインケミカル Chemical Solid sales of raw materials for cosmetics and medium-chain triglycerides 化粧品原料および中鎖脂肪酸油の販売好調 Healthy Foods ヘルシーフース Increase in sales promotion expenses related to the mail order business to strengthen 中鎖脂肪酸の事業強化に向けた通販関係の販促費増加など the medium-chain triglycerides business, etc. Other/Corporate その他調整

14 Status of Oil and Meal (1) Source: Bloomberg 14 Source: The Daily Yushitokuhou Source: Bloomberg

15 Status of Oil and Meal (2) 15

16 Status of Processed Oil and Fat Source: Bloomberg 16

17 Status of Fine Chemical and Healthy Foods 17

18 Status of Balance Sheet 18

19 Status of Cash Flows 19

20 [Reference materials] 20

Soybean meal selling prices ( /t) Indexed with

21 Trends in Raw Materials and Meal Prices: Soybean Soybean raw material prices (USD/t) Soybean raw materials prices ( /t) Soybean meal selling prices ( /t) Indexed with April-September 2011 set as 1.0. * Figures for The Nisshin OilliO Group, Ltd. 21

Rapeseed meal selling prices ( /t) Indexed with

22 Trends in Raw Materials and Meal Prices: Rapeseed Rapeseed raw materials prices (USD/t) Rapeseed raw materials prices ( /t) Rapeseed meal selling prices ( /t) Indexed with April-September 2011 set as 1.0. * Figures for The Nisshin OilliO Group, Ltd. 22

23 Trends in Selling Prices for Main Oil and Fat Products Indexed with April-September 2011 set as 1.0. * Figures for The Nisshin OilliO Group, Ltd. 23

FINANCIAL FACT BOOK 2002 CONTENTS CONTENTS Sales Data Net Sales Sales Composition Sales by Region Profit Data Cost Composition & Operating Income/Net

FINANCIAL FACT BOOK 2002 FINANCIAL FACT BOOK 2002 CONTENTS CONTENTS Sales Data Net Sales Sales Composition Sales by Region Profit Data Cost Composition & Operating Income/Net Sales Gross Profit Margin