Worth reading
53Recurring
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
30
億円（営業利益・経常利益の通期予想修正額）Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFirst quarter of the fiscal year ended March 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,636 100 million+2.6%
Operating profit¥94 100 million+23.1%
Ordinary income¥93 100 million-5.3%
Net income¥65 100 million-0.6%
Selling, general and administrative expenses¥291 100 million
Operating profit margin
Rate3.6%
Results for the three months of the current quarter売上高2,636億円、営業利益94億円、経常利益93億円、親会社株主に帰属する四半期純利益65億円
Full-year earnings forecast
Net Sales
¥10,800 100 million
Operating profit
¥300 100 million
Ordinary income
¥290 100 million
Profit attributable to owners of the parent
¥175 100 million
Earnings per share
¥347.44
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
セグメント全体では当初計画どおり進捗Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
水産資源：漁業の操業効率改善、北米のスケソウダラ相場改善・コスト低減・カニカマ販売好調。食材流通：欧州の幅広い販売チャネルと収益性向上、農畜産の低採算取引見直し・減益。加工食品：タイのペットフード事業好調。
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Average USD/yen exchange rate during the period¥152.95
- Average euro/yen exchange rate during the period¥160.74
- タイバーツ期中平均為替レート¥4.51
- Business EnvironmentDetails原料コスト、物流費、飼料代などは高水準を見込む。米国関税影響を注視
New initiatives
- 北米スケソウダラの高次加工品比率向上
- Withdrawal from Unprofitable Businesses
- Strengthening collaboration within the group
- 欧州での事業拡大と買収子会社VDLグループの連結
- SCHへの出資比率引き上げ（70%から81.96%）
- 本社移転、CIブランディング、パッケージ改定
Key KPIsA metric the company considers important as a management benchmark.
- 海外経常利益比率48.5 %Year on year against the same period last year28.6%
Segment results
Fishery Resources
Net Sales
¥289 100 million+2.2%
Operating profit
¥6 100 million
Food Materials Distribution
Net Sales
¥1,827 100 million+1.2%
Operating profit
¥48 100 million+0.1%
Processed Foods
Net Sales
¥468 100 million+8.5%
Operating profit
¥38 100 million+11.5%
Medium-term management plan targets
バリューサイクル、グローカル戦略。具体的な数値目標はNot disclosedFinancial targets
Net debt-to-equity ratio
1.1 times
Equity ratio
31.7 %
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | First quarter of the fiscal year ended March 2026 |
| Net Sales | ¥2,636 100 million (YoY +2.6%) |
| Operating profit | ¥94 100 million (YoY +23.1%) |
| Ordinary income | ¥93 100 million (YoY -5.3%) |
| Net income | ¥65 100 million (YoY -0.6%) |
| Operating profit margin | Rate 3.6% / Year on year against the same period last year Not disclosed |
| Selling, general and administrative expenses | ¥291 100 million |
| Results for the three months of the current quarter | 売上高2,636億円、営業利益94億円、経常利益93億円、親会社株主に帰属する四半期純利益65億円 |
| Full-year earnings forecast | Net Sales ¥10,800 100 million / Operating profit ¥300 100 million / Ordinary income ¥290 100 million / Profit attributable to owners of the parent ¥175 100 million / Earnings per share ¥347.44 |
| Self-assessment against the plan | セグメント全体では当初計画どおり進捗 |
| Segment results | Fishery Resources Net Sales ¥289 100 million (YoY +2.2%) / Operating profit ¥6 100 million / Food Materials Distribution Net Sales ¥1,827 100 million (YoY +1.2%) / Operating profit ¥48 100 million (YoY +0.1%) / Processed Foods Net Sales ¥468 100 million (YoY +8.5%) / Operating profit ¥38 100 million (YoY +11.5%) |
| Breakdown of Factors Affecting the Change | 水産資源：漁業の操業効率改善、北米のスケソウダラ相場改善・コスト低減・カニカマ販売好調。食材流通：欧州の幅広い販売チャネルと収益性向上、農畜産の低採算取引見直し・減益。加工食品：タイのペットフード事業好調。 |
| Key KPIs | Indicator name 海外経常利益比率 / Value 48.5 % / Year on year against the same period last year 28.6% |
| Assumptions Underlying the Business Outlook | Item Average USD/yen exchange rate during the period / Value ¥152.95, Item Average euro/yen exchange rate during the period / Value ¥160.74, Item タイバーツ期中平均為替レート / Value ¥4.51, Item Business Environment / Details 原料コスト、物流費、飼料代などは高水準を見込む。米国関税影響を注視 |
| Medium-term management plan targets | バリューサイクル、グローカル戦略。具体的な数値目標はNot disclosed |
| Financial targets | Net debt-to-equity ratio 1.1 times / Equity ratio 31.7 % |
| New initiatives | 北米スケソウダラの高次加工品比率向上, Withdrawal from Unprofitable Businesses, Strengthening collaboration within the group, 欧州での事業拡大と買収子会社VDLグループの連結, SCHへの出資比率引き上げ（70%から81.96%）, 本社移転、CIブランディング、パッケージ改定 |
Items this document does not state (13)
Gross Profit MarginProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
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.水産資源セグメントでは北米ユニットの相場改善・コスト削減と漁業ユニットの操業効率改善、食材流通では欧州事業の好調、加工食品ではタイのペットフード事業の好調が利益改善に寄与した。通期予想については、欧州事業の好調継続、買収子会社の連結化、加工食品の販売好調継続を見込む一方、特別損益には一定程度の変動が見込まれるとしている。
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.