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Revision to earnings forecast1380AKIKAWA FOODS & FARMS CO.,LTD.Food

Notice Concerning the Difference Between the Earnings Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 and Revisions to the Full-Year Earnings Forecast

For the interim period of the fiscal year ending March 2027, consolidated revenue was 1.3% below forecast, and each profit figure was also below forecast. For the full year, the company cut its revenue forecast by 3.4%, and revised operating profit from a ¥70 million profit to a ¥44 million loss and net income attributable to owners of the parent from ¥80 million to ¥11 million.

Worth reading
63In focus
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Direction
Deterioration
Direction inferred from the company’s description.
Scale
-85.9
%
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full year (difference from actual results for the second quarter (interim period))Previous forecast published 15 May 2026
Net Sales8,615→8,320Millions of yen
-3.4%
Operating profit70→-44Millions of yen
-162.9%
Ordinary income130→40Millions of yen
-68.7%
Profit attributable to owners of the parent80→11Millions of yen
-85.9%
Net income per share19.19→2.71Yen/sen
-85.9%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

In the direct-sales business, membership and usage frequency are expected to decline against a backdrop of consumers' increased inclination to economize, while sales of chicken and externally procured products are also expected to fall short of the initial assumptions. On the profit side, results are expected to fall below the initial forecast due to the first-half shortfall, additional feed price increases, lower revenue from the direct-sales business, and lower yields resulting from reduced shipping weights for young chickens.

Previous-period resultsConsolidated: revenue ¥8,283 million, operating profit ¥143 million, ordinary profit ¥186 million, net income attributable to owners of the parent ¥21 million, earnings per share ¥5.23
Consolidated / non-consolidatedConsolidated/non-consolidated
Revised forecast
ItemDetails
Net Sales8,615 Millions of yen → 8,320 Millions of yen(-3.4%)
Operating profit70 Millions of yen → -44 Millions of yen
Ordinary income130 Millions of yen → 40 Millions of yen(-68.7%)
Profit attributable to owners of the parent80 Millions of yen → 11 Millions of yen(-85.9%)
Net income per share19.19 Yen/sen → 2.71 Yen/sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year (difference from actual results for the second quarter (interim period))
Publication date of previous forecast15 May 2026
Previous-period resultsConsolidated: revenue ¥8,283 million, operating profit ¥143 million, ordinary profit ¥186 million, net income attributable to owners of the parent ¥21 million, earnings per share ¥5.23
Reason for the revisionIn the direct-sales business, membership and usage frequency are expected to decline against a backdrop of consumers' increased inclination to economize, while sales of chicken and externally procured products are also expected to fall short of the initial assumptions. On the profit side, results are expected to fall below the initial forecast due to the first-half shortfall, additional feed price increases, lower revenue from the direct-sales business, and lower yields resulting from reduced shipping weights for young chickens.
Consolidated / non-consolidatedConsolidated/non-consolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

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.

In the direct-sales business, consumers are expected to become more inclined to economize amid rising prices, resulting in declines in membership and usage frequency, while sales of chicken and externally procured products are expected to fall short of assumptions. On the profit side, the company cited higher costs for feed and packaging materials, lower revenue from the direct-sales business, and lower yields resulting from reduced shipping weights for young chickens as reasons for the revision.

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Notice Concerning the Difference Between the Earnings Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 and Revisions to the Full-Year Earnings Forecast | AKIKAWA FOODS & FARMS CO.,LTD. (1380) timely disclosure | Komori