Komori
Results2001NIPPN CORPORATIONFood

For the fiscal year ending March 2027, Second Quarter (Interim Period) Financial Results〔Japanese GAAP〕(Consolidated)

In the interim period of the fiscal year ending March 2027, revenue increased on firm sales volumes and price revisions, while operating profit and ordinary profit declined due to higher costs including raw materials, personnel and logistics expenses, and increased depreciation expenses for the new plant. Interim net income attributable to owners of the parent increased due to gains on the sale of cross-shareholdings.

Worth reading
46Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
2468
¥ million (year-on-year decrease in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales213,509¥ millionYear on year +2.7%Progress 49.7%
Operating profit8,440¥ millionYear on year -22.6%Progress 43.3%
Ordinary income9,975¥ millionYear on year -18.1%Progress 47.5%
Net income attributable to owners of the parent10,226¥ millionYear on year +9.7%Progress 48.2%

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¥123.71
Financial position at period-end
Total assets475,911¥ million
of which net assets 296,557 ¥ millionEquity ratio 60.7%vs. prior year-end +1.5pt

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+8,908
Investment-7,621
Financials-4,475
Net change-3,188

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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 period¥61,108 million
Segment revenueFlour Milling Business ¥59,909 million (YoY -0.7%), Food Business ¥126,357 million (YoY +3.4%), Other business ¥27,243 million (YoY +7.3%)
Segment profitFlour Milling Business ¥3,835 million (YoY -18.0%), Food Business ¥3,223 million (YoY -34.6%), Other business ¥1,400 million (YoY +8.3%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥430,000 million (YoY +2.8%)
Operating profit¥19,500 million (YoY -11.7%)
Ordinary income¥21,000 million (YoY -15.6%)
Net income¥21,200 million (YoY -2.8%)
Annual Dividend Forecast68 Yen per share → 68 Yen per share(0.0%)
Factors Behind Changes in Business Performance

Revenue increased on firm sales volumes and price revisions, while operating profit and ordinary profit declined due to higher costs including raw materials, personnel and logistics expenses, and increased depreciation expenses following the start-up of the new plant. Interim net income attributable to owners of the parent increased due to the sale of investment securities.

Disclosure regarding the going concern assumption

No applicable items

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 consolidationNo (no companies newly consolidated or excluded)
Impairment lossNo applicable items
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of fixed assets ¥0 million, Gain on sales of investment securities ¥4,955 million / Extraordinary loss Loss on disposal and sale of fixed assets ¥46 million, Disaster-related loss -, Loss on valuation of investment securities ¥4 million, Other ¥0 million
Depreciation and amortization¥6,764 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End84,727,163 shares
Treasury Shares at Period-End2,048,117 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥213,509 million (YoY +2.7%)
Operating profit¥8,440 million (YoY -22.6%)
Ordinary income¥9,975 million (YoY -18.1%)
Profit attributable to owners of the parent¥10,226 million (YoY +9.7%)
Net income per share¥123.71
Equity ratioEnd of the current fiscal period 60.7 / End of previous period 59.2
Total assets¥475,911 million
Net assets¥296,557 million
Cash flows from operating activities¥8,908 million
Cash flows from investing activities¥-7,621 million
Cash flows from financing activities¥-4,475 million
Cash and cash equivalents at end of period¥61,108 million
Full-year earnings forecastNet Sales ¥430,000 million (YoY +2.8%) / Operating profit ¥19,500 million (YoY -11.7%) / Ordinary income ¥21,000 million (YoY -15.6%) / Net income ¥21,200 million (YoY -2.8%)
Annual Dividend Forecast68 Yen per share → 68 Yen per share(0.0%)
Segment revenueFlour Milling Business ¥59,909 million (YoY -0.7%), Food Business ¥126,357 million (YoY +3.4%), Other business ¥27,243 million (YoY +7.3%)
Segment profitFlour Milling Business ¥3,835 million (YoY -18.0%), Food Business ¥3,223 million (YoY -34.6%), Other business ¥1,400 million (YoY +8.3%)
Depreciation and amortization¥6,764 million
Impairment lossNo applicable items
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of fixed assets ¥0 million, Gain on sales of investment securities ¥4,955 million / Extraordinary loss Loss on disposal and sale of fixed assets ¥46 million, Disaster-related loss -, Loss on valuation of investment securities ¥4 million, Other ¥0 million
Disclosure regarding the going concern assumptionNo applicable items
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNo (no companies newly consolidated or excluded)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End84,727,163 shares
Treasury Shares at Period-End2,048,117 shares
Factors Behind Changes in Business PerformanceRevenue increased on firm sales volumes and price revisions, while operating profit and ordinary profit declined due to higher costs including raw materials, personnel and logistics expenses, and increased depreciation expenses following the start-up of the new plant. Interim net income attributable to owners of the parent increased due to the sale of investment securities.
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent events

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 as sales volumes remained firm and the company implemented price revisions. However, operating profit and ordinary profit declined as higher costs, including raw materials, personnel and logistics expenses, preceded the increase in revenue, and depreciation expenses rose following the start-up of the new plant. Interim net income attributable to owners of the parent increased due to the sale of investment securities.

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For the fiscal year ending March 2027, Second Quarter (Interim Period) Financial Results〔Japanese GAAP〕(Consolidated) | NIPPN CORPORATION (2001) timely disclosure | Komori