Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
10.5
Year-on-year change in net sales (%)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales334,612Millions of yenYear on year +10.5%Progress 91.7%
Operating profit10,731Millions of yenYear on year -3.1%Progress 89.4%
Ordinary income10,031Millions of yenYear on year -7.6%Progress 91.2%
Net income attributable to owners of the parent6,841Millions of yenYear on year +1.5%Progress 95.0%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥576.02
Operating Margin3.2%
Financial position at period-end
Total assets214,128Millions of yen
of which net assets 78,868 Millions of yenEquity ratio 36.1%vs. prior year-end -0.4pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating-745
Investment-5,216
Financials+9,079
Net change+3,118
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period11,047 Millions of yen
Segment revenueMarine Products Business 195,039 Millions of yen, Fresh products business 71,725 Millions of yen, Food Business 65,528 Millions of yen, Logistics Services 1,737 Millions of yen, Other 581 Millions of yen
Segment profitMarine Products Business 5,750 Millions of yen, Fresh products business 3,856 Millions of yen, Food Business 2,534 Millions of yen, Logistics Services 347 Millions of yen, Other 278 Millions of yen
Regional sales279,823 Millions of yen, 54,789 Millions of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales365,000 Millions of yen (YoY +9.1%)
Operating profit12,000 Millions of yen (YoY +11.8%)
Ordinary income11,000 Millions of yen (YoY +9.7%)
Net income7,200 Millions of yen (YoY +5.2%)
Annual Dividend Forecast¥150 → ¥160（+6.7%）
Payout ratio26.0%
Factors Behind Changes in Business Performance
While seafood market prices remained high, sales of roe and crab, scallops, North Pacific fish and products for overseas markets increased, and sales from companies acquired in the previous fiscal year also contributed. On the other hand, profits were pressured by lower utilization rates at European processing plants due to insufficient raw material supplies, upfront costs associated with the start-up of new plants in the United States and Vietnam, higher raw material prices and production costs, and consumers' increased tendency to economize amid rising prices.
Disclosure regarding the going concern assumption
No applicable matters
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 3 companies (Engelsviken Canning Denmark A/S and 2 other companies) / Excluded 0 companies
Material subsequent eventsThe Company agreed to dissolve the joint venture for its imitation crab business in the United States and to the acquisition of the Company's shares by a group company of the joint venture partner. KAMEC will acquire OKPM's 30% interest for US$5.4 million and make OKPM a wholly owned subsidiary. In addition, the partner is scheduled to make market purchases equivalent to US$10.5 million, or 336,000 shares based on the stated assumptions.
Impairment lossNot applicable for the current fiscal year
Breakdown of extraordinary income (loss)Extraordinary income Gain on disposal of fixed assets 65 Millions of yen, Proceeds from government subsidies and other sources 216 Millions of yen, Insurance proceeds received 96 Millions of yen, Gain on sale of investment securities 13 Millions of yen, Settlement proceeds received 9 Millions of yen, Total extraordinary income 401 Millions of yen / Extraordinary loss Losses on disposal of fixed assets 39 Millions of yen, Losses from natural disasters 21 Millions of yen, Loss on reduction of fixed assets 213 Millions of yen, Losses related to product recalls 114 Millions of yen, Other 3 Millions of yen, Total extraordinary loss 392 Millions of yen
Depreciation and amortization3,034 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors)
Issued Shares at Period-End12,078,283
Treasury Shares at Period-End201,000
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | 334,612 Millions of yen (YoY +10.5%) |
| Operating profit | 10,731 Millions of yen (YoY -3.1%) |
| Ordinary income | 10,031 Millions of yen (YoY -7.6%) |
| Profit attributable to owners of the parent | 6,841 Millions of yen (YoY +1.5%) |
| Net income per share | ¥576.02 |
| Operating Margin | 3.2% |
| Equity ratio | End of the current fiscal period 36.1% / End of previous period 36.5% |
| Total assets | 214,128 Millions of yen |
| Net assets | 78,868 Millions of yen |
| Cash flows from operating activities | -745 Millions of yen |
| Cash flows from investing activities | -5,216 Millions of yen |
| Cash flows from financing activities | 9,079 Millions of yen |
| Cash and cash equivalents at end of period | 11,047 Millions of yen |
| Full-year earnings forecast | Net Sales 365,000 Millions of yen (YoY +9.1%) / Operating profit 12,000 Millions of yen (YoY +11.8%) / Ordinary income 11,000 Millions of yen (YoY +9.7%) / Net income 7,200 Millions of yen (YoY +5.2%) |
| Annual Dividend Forecast | ¥150 → ¥160（+6.7%） |
| Payout ratio | 26.0% |
| Segment revenue | Marine Products Business 195,039 Millions of yen, Fresh products business 71,725 Millions of yen, Food Business 65,528 Millions of yen, Logistics Services 1,737 Millions of yen, Other 581 Millions of yen |
| Segment profit | Marine Products Business 5,750 Millions of yen, Fresh products business 3,856 Millions of yen, Food Business 2,534 Millions of yen, Logistics Services 347 Millions of yen, Other 278 Millions of yen |
| Regional sales | 279,823 Millions of yen, 54,789 Millions of yen |
| Depreciation and amortization | 3,034 Millions of yen |
| Impairment loss | Not applicable for the current fiscal year |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on disposal of fixed assets 65 Millions of yen, Proceeds from government subsidies and other sources 216 Millions of yen, Insurance proceeds received 96 Millions of yen, Gain on sale of investment securities 13 Millions of yen, Settlement proceeds received 9 Millions of yen, Total extraordinary income 401 Millions of yen / Extraordinary loss Losses on disposal of fixed assets 39 Millions of yen, Losses from natural disasters 21 Millions of yen, Loss on reduction of fixed assets 213 Millions of yen, Losses related to product recalls 114 Millions of yen, Other 3 Millions of yen, Total extraordinary loss 392 Millions of yen |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 3 companies (Engelsviken Canning Denmark A/S and 2 other companies) / Excluded 0 companies |
| Material subsequent events | The Company agreed to dissolve the joint venture for its imitation crab business in the United States and to the acquisition of the Company's shares by a group company of the joint venture partner. KAMEC will acquire OKPM's 30% interest for US$5.4 million and make OKPM a wholly owned subsidiary. In addition, the partner is scheduled to make market purchases equivalent to US$10.5 million, or 336,000 shares based on the stated assumptions. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors) |
| Issued Shares at Period-End | 12,078,283 |
| Treasury Shares at Period-End | 201,000 |
| Factors Behind Changes in Business Performance | While seafood market prices remained high, sales of roe and crab, scallops, North Pacific fish and products for overseas markets increased, and sales from companies acquired in the previous fiscal year also contributed. On the other hand, profits were pressured by lower utilization rates at European processing plants due to insufficient raw material supplies, upfront costs associated with the start-up of new plants in the United States and Vietnam, higher raw material prices and production costs, and consumers' increased tendency to economize amid rising prices. |
Items this document does not state (3)
Revision to Earnings ForecastShareholder Return PolicyOrders received and order backlog
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Revenue increased due to favorable seafood market conditions and expanded sales in overseas businesses. However, operating income declined because of lower utilization rates at European processing plants caused by insufficient raw material supplies, upfront costs associated with the start-up of new plants in the United States and Vietnam, and higher raw material prices and production costs.
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