Komori
Earnings1382HOB Co.,Ltd.Food

Summary of Financial Results for the Third Quarter of the Fiscal Year Ending June 2026 (Japanese GAAP) (Consolidated)

For the nine months ended 31 March 2026, net sales decreased 1.9% year on year and operating income fell 79.2%, resulting in a substantial decline in profit. The decrease in strawberry sales volumes due to extremely hot and unsettled weather, higher raw material and procurement costs, and increased outsourcing costs in the transportation business weighed on results, while the seed and seedling business reported higher sales and profit.

Worth reading
66In focus
Scored from 3 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
79.2
% (year-on-year decrease in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 July 2025 to 31 March 2026ConsolidatedJapanese GAAP
Net Sales2,001,734¥ thousandYear on year -1.9%
Operating profit13,195¥ thousandYear on year -79.2%
Ordinary income16,720¥ thousandYear on year -74.2%
Net income attributable to owners of the parent8,742¥ thousandYear on year -79.7%

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.

Financial position at period-end
Total assets1,047,610¥ thousand
of which net assets 726,809 ¥ thousandEquity ratio 69.4%vs. prior year-end -1.3pt

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.

Segment revenueStrawberry Fruit and Produce ¥1,771,547 thousand (YoY -3.0%), Seeds and seedlings ¥43,790 thousand (YoY +11.4%), Potatoes ¥73,950 thousand (YoY +1.9%), Transportation ¥112,446 thousand (YoY +10.6%)
Segment profitStrawberry Fruit and Produce ¥113,229 thousand (YoY -25.5%), Seeds and seedlings ¥15,803 thousand (YoY +90.6%), Potatoes ¥1,938 thousand (YoY -72.6%), Transportation ¥13,625 thousand (YoY -22.0%)
Regional sales¥1,998,651 thousand, ¥3,083 thousand
Outlook and shareholder returns
Revision to Earnings ForecastNo change
Factors Behind Changes in Business Performance

The strawberry fruit and produce business reported lower sales and profit due to high temperatures, unsettled weather, limited supplies and lower handling volumes. The seed and seedling business reported higher sales and profit due to increased sales volumes and revenue from contracted cultivation guidance services. The potato business reported higher sales due to higher selling prices, but profit declined because of supply shortages and the failure to pass higher procurement prices on to selling prices. The transportation business reported higher sales following a review of contracted operations, but profit declined due to higher outsourcing costs.

Disclosure regarding the going concern assumption

No applicable matters

Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1,025 thousand / Extraordinary loss Not disclosed
Depreciation and amortization¥15,835 thousand
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 July 2025 to 31 March 2026
Net Sales¥2,001,734 thousand (YoY -1.9%)
Operating profit¥13,195 thousand (YoY -79.2%)
Ordinary income¥16,720 thousand (YoY -74.2%)
Profit attributable to owners of the parent¥8,742 thousand (YoY -79.7%)
Equity ratioEnd of the current fiscal period 69.4 / End of previous period 70.7
Total assets¥1,047,610 thousand
Net assets¥726,809 thousand
Revision to Earnings ForecastNo change
Segment revenueStrawberry Fruit and Produce ¥1,771,547 thousand (YoY -3.0%), Seeds and seedlings ¥43,790 thousand (YoY +11.4%), Potatoes ¥73,950 thousand (YoY +1.9%), Transportation ¥112,446 thousand (YoY +10.6%)
Segment profitStrawberry Fruit and Produce ¥113,229 thousand (YoY -25.5%), Seeds and seedlings ¥15,803 thousand (YoY +90.6%), Potatoes ¥1,938 thousand (YoY -72.6%), Transportation ¥13,625 thousand (YoY -22.0%)
Regional sales¥1,998,651 thousand, ¥3,083 thousand
Depreciation and amortization¥15,835 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1,025 thousand / Extraordinary loss Not disclosed
Disclosure regarding the going concern assumptionNo applicable matters
Factors Behind Changes in Business PerformanceThe strawberry fruit and produce business reported lower sales and profit due to high temperatures, unsettled weather, limited supplies and lower handling volumes. The seed and seedling business reported higher sales and profit due to increased sales volumes and revenue from contracted cultivation guidance services. The potato business reported higher sales due to higher selling prices, but profit declined because of supply shortages and the failure to pass higher procurement prices on to selling prices. The transportation business reported higher sales following a review of contracted operations, but profit declined due to higher outsourcing costs.
Items this document does not state (19)
Net income per shareOperating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodFull-year earnings forecastAnnual Dividend ForecastPayout ratioShareholder Return PolicyOrders received and order backlogImpairment lossChange in accounting policyChanges in the scope of consolidationMaterial subsequent eventsAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End

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 strawberry fruit and produce business, high temperatures in Hokkaido and other areas, delays in planting and growth of early-season strawberries, limited supplies of fruit for commercial use, and lower handling volumes, mainly among major customers, from the beginning of the year affected results. In the potato business, in addition to supply shortages caused by high temperatures, drought and a reduction in planted acreage, the company was unable to fully pass higher procurement prices on to selling prices. In the transportation business, sales increased following a review of contracted operations, but profit declined due to higher outsourcing costs.

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Summary of Financial Results for the Third Quarter of the Fiscal Year Ending June 2026 (Japanese GAAP) (Consolidated) | HOB Co.,Ltd. (1382) timely disclosure | Komori