Worth reading
41Recurring
Scored from 5 of 6 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Definitive
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales217,681¥ millionYear on year +1.1%Progress 25.0%
Operating profit11,197¥ millionYear on year -0.9%Progress 24.3%
Ordinary income12,517¥ millionYear on year -3.2%Progress 25.5%
Net income attributable to owners of the parent9,349¥ millionYear on year -19.5%Progress 22.8%
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¥33.41
Financial position at period-end
Total assets839,901¥ million
of which net assets 535,809 ¥ millionEquity ratio 61.4%vs. prior year-end +0.3pt
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 revenueFlour milling ¥112,008 million (YoY +7.0%), Food ¥54,688 million (YoY -0.1%), Prepared meals and delicatessen ¥39,388 million (YoY -3.4%), Other ¥11,595 million (YoY -23.7%)
Segment profitFlour milling ¥7,128 million (YoY +6.8%), Food ¥2,285 million (YoY +23.5%), Prepared meals and delicatessen ¥956 million (YoY -32.7%), Other ¥955 million (YoY -34.1%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥870,000 million (YoY +0.6%)
Operating profit¥46,000 million (YoY -1.5%)
Ordinary income¥49,000 million (YoY -4.7%)
Net income¥41,000 million (YoY +25.8%)
Annual Dividend Forecast¥60 → ¥65
Payout ratio44.3% (54.1% excluding gains and losses from non-recurring special factors)
Shareholder Return PolicyTargeting a consolidated payout ratio of approximately 50% by the fiscal year ending March 2027 (excluding gains and losses from non-recurring special factors)
Factors Behind Changes in Business Performance
Revenue increased mainly due to higher shipments resulting from strengthened U.S. production capacity in the overseas flour milling business and the effects of foreign-currency translation. Despite higher shipments in the overseas flour milling business and other operations, operating income and ordinary income declined due to lower sales in the prepared foods and delicatessen business, the absence of the previous year's large-scale construction projects, and higher costs attributable to the situation in the Middle East. Net income declined mainly because gains on the sale of policy-held shares were lower than in the previous year.
Disclosure regarding the going concern assumption
Not applicable.
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
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥1,857 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥71 million, Loss on closure of a plant ¥195 million, Business restructuring costs ¥153 million
Depreciation and amortization¥6,699 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo
Issued Shares at Period-End282,111,891 shares
Treasury Shares at Period-End2,497,549 treasury shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥217,681 million (YoY +1.1%) |
| Operating profit | ¥11,197 million (YoY -0.9%) |
| Ordinary income | ¥12,517 million (YoY -3.2%) |
| Profit attributable to owners of the parent | ¥9,349 million (YoY -19.5%) |
| Net income per share | ¥33.41 |
| Equity ratio | End of the current fiscal period 61.4 / End of previous period 61.1 |
| Total assets | ¥839,901 million |
| Net assets | ¥535,809 million |
| Full-year earnings forecast | Net Sales ¥870,000 million (YoY +0.6%) / Operating profit ¥46,000 million (YoY -1.5%) / Ordinary income ¥49,000 million (YoY -4.7%) / Net income ¥41,000 million (YoY +25.8%) |
| Annual Dividend Forecast | ¥60 → ¥65 |
| Payout ratio | 44.3% (54.1% excluding gains and losses from non-recurring special factors) |
| Shareholder Return Policy | Targeting a consolidated payout ratio of approximately 50% by the fiscal year ending March 2027 (excluding gains and losses from non-recurring special factors) |
| Segment revenue | Flour milling ¥112,008 million (YoY +7.0%), Food ¥54,688 million (YoY -0.1%), Prepared meals and delicatessen ¥39,388 million (YoY -3.4%), Other ¥11,595 million (YoY -23.7%) |
| Segment profit | Flour milling ¥7,128 million (YoY +6.8%), Food ¥2,285 million (YoY +23.5%), Prepared meals and delicatessen ¥956 million (YoY -32.7%), Other ¥955 million (YoY -34.1%) |
| Depreciation and amortization | ¥6,699 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥1,857 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥71 million, Loss on closure of a plant ¥195 million, Business restructuring costs ¥153 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 282,111,891 shares |
| Treasury Shares at Period-End | 2,497,549 treasury shares |
| Factors Behind Changes in Business Performance | Revenue increased mainly due to higher shipments resulting from strengthened U.S. production capacity in the overseas flour milling business and the effects of foreign-currency translation. Despite higher shipments in the overseas flour milling business and other operations, operating income and ordinary income declined due to lower sales in the prepared foods and delicatessen business, the absence of the previous year's large-scale construction projects, and higher costs attributable to the situation in the Middle East. Net income declined mainly because gains on the sale of policy-held shares were lower than in the previous year. |
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastRegional salesOrders received and order backlogImpairment lossChanges in the scope of consolidationMaterial 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.The audit firm has completed its interim review of the quarterly consolidated financial statements.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.