Worth reading
47Recurring
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
135
Hundreds of millions of yenWording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFiscal year ending March 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales8,650 Hundreds of millions of yen+1.6%
Operating profit467 Hundreds of millions of yen+0.7%
Ordinary income514 Hundreds of millions of yen+4.4%
Net income326 Hundreds of millions of yen-6.0%
Operating profit margin5.4 %
Selling, general and administrative expenses1,480 Hundreds of millions of yen
Full-year earnings forecast
Net Sales
8,700 Hundreds of millions of yen
Operating profit
460 Hundreds of millions of yen
Ordinary income
490 Hundreds of millions of yen
Profit attributable to owners of the parent
410 Hundreds of millions of yen
Operating profit margin
5.3 %
Earnings per share
¥146.59
Annual Dividend
¥65
Capital expenditure
480 Hundreds of millions of yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Flour milling
Domestic wheat flour shipments24
Flour price revisions accompanying wheat price revisions and other items-66
Bran price-2
Overseas revenue-107
Food
Processed food revenue58
Household wheat flour revenue2
Premix revenue5
Pasta-related revenue11
Frozen food revenue11
Overseas processed food revenue22
Other7
Oriental Yeast revenue47
日清ファルマ revenue-1
Prepared meals and delicatessen
Prepared and Convenience Foods revenue85
Other
NBC Meshtec revenue-18
Plant construction revenue and other items115
Operating profit
Flour milling
Domestic wheat flour shipment volume5
Sales promotion expenses-4
Bran price-2
Costs and other factors1
Overseas operating profit-17
Food
Shipment Volume6
Sales promotion expenses0
Costs and other factors10
Overseas operating profit11
Prepared meals and delicatessen
Sales10
Costs and other factors-9
Other
Sales3
Costs and other factors-10
Adjustments
Eliminations of intersegment transactions and other adjustments-2
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
USD
¥155
CAD
¥110
AUD
¥105
NZD
¥88
THB
¥4.8
INR
¥1.7
Year-on-year change in domestic wheat flour shipments
99 %
Key KPIsA metric the company considers important as a management benchmark.
- Overseas revenue2,525 Hundreds of millions of yenYear on year against the same period last year-3.7%
- Overseas revenue ratio29.2 %Year on year against the same period last year-1.6%
- Overseas operating profit155 Hundreds of millions of yenYear on year against the same period last year-9.1%
- Overseas operating profit ratio33.3 %Year on year against the same period last year-3.6%
- ROE6.5 %Year on year against the same period last year-0.5%
- Equity ratio61.1 %Year on year against the same period last year-0.3%
Segment results
Flour milling
Net Sales
4,285 Hundreds of millions of yen-3.4%
Operating profit
277 Hundreds of millions of yen-5.7%
Food
Net Sales
2,166 Hundreds of millions of yen+5.0%
Operating profit
82 Hundreds of millions of yen+49.6%
Prepared meals and delicatessen
Net Sales
1,646 Hundreds of millions of yen+5.4%
Operating profit
57 Hundreds of millions of yen+2.1%
Other
Net Sales
553 Hundreds of millions of yen+21.4%
Operating profit
55 Hundreds of millions of yen-10.9%
Adjustments
Operating profit
-4 Hundreds of millions of yen
Capital expenditures
395 Hundreds of millions of yen
Annual Dividend
Annual dividend per share
¥65
Payout ratio
44.3 %
Acquisition of treasury shares
Amount
179 Hundreds of millions of yen
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | 8,650 Hundreds of millions of yen (YoY +1.6%) |
| Operating profit | 467 Hundreds of millions of yen (YoY +0.7%) |
| Ordinary income | 514 Hundreds of millions of yen (YoY +4.4%) |
| Net income | 326 Hundreds of millions of yen (YoY -6.0%) |
| Operating profit margin | 5.4 % |
| Selling, general and administrative expenses | 1,480 Hundreds of millions of yen |
| Full-year earnings forecast | Net Sales 8,700 Hundreds of millions of yen / Operating profit 460 Hundreds of millions of yen / Ordinary income 490 Hundreds of millions of yen / Profit attributable to owners of the parent 410 Hundreds of millions of yen / Operating profit margin 5.3 % / Earnings per share ¥146.59 / Annual Dividend ¥65 / Capital expenditure 480 Hundreds of millions of yen |
| Segment results | Flour milling Net Sales 4,285 Hundreds of millions of yen (YoY -3.4%) / Operating profit 277 Hundreds of millions of yen (YoY -5.7%) / Food Net Sales 2,166 Hundreds of millions of yen (YoY +5.0%) / Operating profit 82 Hundreds of millions of yen (YoY +49.6%) / Prepared meals and delicatessen Net Sales 1,646 Hundreds of millions of yen (YoY +5.4%) / Operating profit 57 Hundreds of millions of yen (YoY +2.1%) / Other Net Sales 553 Hundreds of millions of yen (YoY +21.4%) / Operating profit 55 Hundreds of millions of yen (YoY -10.9%) / Adjustments Operating profit -4 Hundreds of millions of yen |
| Breakdown of Factors Affecting the Change | Net Sales Flour milling Domestic wheat flour shipments 24 / Flour price revisions accompanying wheat price revisions and other items -66 / Bran price -2 / Overseas revenue -107 / Food Processed food revenue 58 / Household wheat flour revenue 2 / Premix revenue 5 / Pasta-related revenue 11 / Frozen food revenue 11 / Overseas processed food revenue 22 / Other 7 / Oriental Yeast revenue 47 / 日清ファルマ revenue -1 / Prepared meals and delicatessen Prepared and Convenience Foods revenue 85 / Other NBC Meshtec revenue -18 / Plant construction revenue and other items 115 / Operating profit Flour milling Domestic wheat flour shipment volume 5 / Sales promotion expenses -4 / Bran price -2 / Costs and other factors 1 / Overseas operating profit -17 / Food Shipment Volume 6 / Sales promotion expenses 0 / Costs and other factors 10 / Overseas operating profit 11 / Prepared meals and delicatessen Sales 10 / Costs and other factors -9 / Other Sales 3 / Costs and other factors -10 / Adjustments Eliminations of intersegment transactions and other adjustments -2 |
| Key KPIs | Overseas revenue 2,525 Hundreds of millions of yen, Overseas revenue ratio 29.2 %, Overseas operating profit 155 Hundreds of millions of yen, Overseas operating profit ratio 33.3 %, ROE 6.5 %, Equity ratio 61.1 % |
| Assumptions Underlying the Business Outlook | USD ¥155 / CAD ¥110 / AUD ¥105 / NZD ¥88 / THB ¥4.8 / INR ¥1.7 / Year-on-year change in domestic wheat flour shipments 99 % |
| Annual Dividend | Annual dividend per share ¥65 / Interim and Year-End Breakdown Not disclosed |
| Payout ratio | 44.3 % |
| Acquisition of treasury shares | Amount 179 Hundreds of millions of yen / Number of Shares Not disclosed / Period Not disclosed |
| Capital expenditures | 395 Hundreds of millions of yen |
Items this document does not state (14)
Gross Profit MarginResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsOrders received and order backlogMarket Size / ShareKey points of the Q&ANew initiatives
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 in the Food, Prepared and Convenience Foods, and Other businesses, more than offsetting the decline in Flour Milling. Higher profit in the Food business and other factors offset lower profit in Flour Milling. Net income was affected by the absence of the business restructuring expenses recorded in the previous year, while impairment losses on the India Yeast business and losses related to the closure of the Nisshin Flour Milling Okayama and Sakaide plants, among others, were recorded in the current year.
How to read this page
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