Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 15 May 2026The 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.
Because producers have become cautious about increasing production in response to higher poultry-house construction costs and feed prices, the number of chicks placed has declined year on year, and egg prices have remained considerably above the assumptions used when the business plan was prepared. Amid higher compound feed, packaging and logistics costs, the focus on revising selling prices to reflect higher raw material costs has resulted in the full-year forecast being expected to exceed the previous forecast.
| Item | Details |
|---|---|
| Net Sales | ¥22,500 million → ¥23,570 million（+4.8%） |
| Operating profit | ¥3,330 million → ¥4,010 million（+20.4%） |
| Ordinary income | ¥3,410 million → ¥4,100 million（+20.2%） |
| Profit attributable to owners of the parent | ¥2,270 million → ¥2,820 million（+24.2%） |
| Net income per share | 268.36 Yen and sen → 333.38 Yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 15 May 2026 |
| Previous-period results | Fiscal year ended March 2026: revenue ¥23,107 million, operating profit ¥4,965 million, ordinary profit ¥5,046 million, net profit ¥3,862 million, basic earnings per share ¥456.65 |
| Reason for the revision | Because producers have become cautious about increasing production in response to higher poultry-house construction costs and feed prices, the number of chicks placed has declined year on year, and egg prices have remained considerably above the assumptions used when the business plan was prepared. Amid higher compound feed, packaging and logistics costs, the focus on revising selling prices to reflect higher raw material costs has resulted in the full-year forecast being expected to exceed the previous forecast. |
| Dividend forecast revision | The year-end dividend was increased from ¥80.00 per share to ¥100.00, and the annual dividend was revised from ¥80.00 to ¥100.00. The payout ratio was revised from 29.8% to 30.0%. |
Items this document does not state (2)
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.While the reintroduction of laying hens culled due to avian influenza is progressing, producers have become cautious about increasing production in response to higher poultry-house construction costs and feed prices, resulting in a year-on-year decline in the number of chicks placed. As a result, egg prices have remained significantly above the assumptions used when the business plan was prepared. In addition, the focus on revising selling prices amid higher compound feed, packaging and logistics costs also contributed to the upward revision of the earnings forecast.