Worth reading
51Recurring
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
104
¥100 million (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportSecond quarter (interim period) of the fiscal year ending March 202710 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥4,418 100 million+102.4%
Operating profit¥228 100 million+100.8%
Ordinary income¥240 100 million+97.0%
Net income¥182 100 million+175.8%
Selling, general and administrative expenses¥779 100 million
Operating profit margin
Rate5.2%
Full-year earnings forecast
Net Sales
¥9,000 100 million
Operating profit
¥460 100 million
Ordinary income
¥490 100 million
Profit attributable to owners of the parent
¥410 100 million
Operating profit margin
5.1 %
Ordinary income margin
5.4 %
Interim (current-period) net profit margin
4.6 %
Overseas revenue
¥2,902 100 million
Overseas operating profit
¥181 100 million
Capital Expenditure
¥480 100 million
Depreciation and amortization
¥280 100 million
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 shipments12
Flour price revisions accompanying wheat price revisions and other items-23
Bran price0
Overseas revenue173
Food
Processed food revenue14
Household wheat flour revenue1
Premix revenue-6
Pasta-related revenue5
Frozen food revenue1
Overseas processed food revenue16
Other-3
Oriental Yeast revenue-11
Prepared meals and delicatessen
Prepared and Convenience Foods revenue-31
Other
NBC Meshtec revenue6
Plant construction revenue and other items-36
Operating profit
Flour milling
Domestic wheat flour shipment volume2
Sales promotion expenses-1
Bran price0
Costs and other factors-2
Overseas operating profit9
Food
Shipment Volume-1
Sales promotion expenses-1
Costs and other factors1
Overseas operating profit9
Prepared meals and delicatessen
Sales-6
Costs and other factors-5
Other
Sales-1
Costs and other factors-2
Adjustments
Eliminations of intersegment transactions and other adjustments-1
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
USD
First half of fiscal 2026160.4 Yen
FY2026 forecast158 Yen
CAD
First half of fiscal 2026115.4 Yen
FY2026 forecast111 Yen
AUD
First half of fiscal 2026113.2 Yen
FY2026 forecast111 Yen
NZD
First half of fiscal 202693.5 Yen
FY2026 forecast89 Yen
THB
First half of fiscal 20264.9 Yen
FY2026 forecast4.7 Yen
INR
First half of fiscal 20261.7 Yen
FY2026 forecast1.7 Yen
New initiatives
- Resolution to Repurchase Treasury Shares
Key KPIsA metric the company considers important as a management benchmark.
- Overseas revenue¥1,416 100 millionYear on year against the same period last year+116.5%
- Overseas revenue ratio32.1 %
- Overseas operating profit¥89 100 millionYear on year against the same period last year+127.2%
- Overseas operating profit ratio39.2 %
Segment results
Flour milling
Net Sales
¥2,279 100 million+107.7%
Operating profit
¥140 100 million+106.3%
Food
Net Sales
¥1,088 100 million+100.3%
Operating profit
¥45 100 million+122.1%
Prepared meals and delicatessen
Net Sales
¥812 100 million+96.3%
Operating profit
¥24 100 million+69.1%
Other
Net Sales
¥238 100 million+88.9%
Operating profit
¥23 100 million+89.0%
Adjustments
Operating profit
¥-3 100 million
Financial targets
Equity ratio
First half of fiscal 202661.9 %
Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
Middle East impact¥-15 100 million
Capital expenditures
¥226 billion first half, on a construction basis
Annual Dividend
Annual dividend per share65 Yen
Interim Dividend32 Yen
Acquisition of treasury shares
The disclosure states that a resolution was passed to repurchase the company's own shares, but the amount, number of shares and period of the repurchase are Not disclosed in this material.| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Second quarter (interim period) of the fiscal year ending March 2027 |
| Net Sales | ¥4,418 100 million (YoY +102.4%) |
| Operating profit | ¥228 100 million (YoY +100.8%) |
| Ordinary income | ¥240 100 million (YoY +97.0%) |
| Net income | ¥182 100 million (YoY +175.8%) |
| Operating profit margin | Rate 5.2% / Year-on-year change (points) Not disclosed |
| Selling, general and administrative expenses | ¥779 100 million |
| Full-year earnings forecast | Net Sales ¥9,000 100 million / Operating profit ¥460 100 million / Ordinary income ¥490 100 million / Profit attributable to owners of the parent ¥410 100 million / Operating profit margin 5.1 % / Ordinary income margin 5.4 % / Interim (current-period) net profit margin 4.6 % / Overseas revenue ¥2,902 100 million / Overseas operating profit ¥181 100 million / Capital Expenditure ¥480 100 million / Depreciation and amortization ¥280 100 million |
| Segment results | Flour milling Net Sales ¥2,279 100 million (YoY +107.7%) / Operating profit ¥140 100 million (YoY +106.3%) / Food Net Sales ¥1,088 100 million (YoY +100.3%) / Operating profit ¥45 100 million (YoY +122.1%) / Prepared meals and delicatessen Net Sales ¥812 100 million (YoY +96.3%) / Operating profit ¥24 100 million (YoY +69.1%) / Other Net Sales ¥238 100 million (YoY +88.9%) / Operating profit ¥23 100 million (YoY +89.0%) / Adjustments Net Sales Not disclosed / Operating profit ¥-3 100 million |
| Breakdown of Factors Affecting the Change | Net Sales Flour milling Domestic wheat flour shipments 12 / Flour price revisions accompanying wheat price revisions and other items -23 / Bran price 0 / Overseas revenue 173 / Food Processed food revenue 14 / Household wheat flour revenue 1 / Premix revenue -6 / Pasta-related revenue 5 / Frozen food revenue 1 / Overseas processed food revenue 16 / Other -3 / Oriental Yeast revenue -11 / Prepared meals and delicatessen Prepared and Convenience Foods revenue -31 / Other NBC Meshtec revenue 6 / Plant construction revenue and other items -36 / Operating profit Flour milling Domestic wheat flour shipment volume 2 / Sales promotion expenses -1 / Bran price 0 / Costs and other factors -2 / Overseas operating profit 9 / Food Shipment Volume -1 / Sales promotion expenses -1 / Costs and other factors 1 / Overseas operating profit 9 / Prepared meals and delicatessen Sales -6 / Costs and other factors -5 / Other Sales -1 / Costs and other factors -2 / Adjustments Eliminations of intersegment transactions and other adjustments -1 |
| Key KPIs | Indicator name Overseas revenue / Value ¥1,416 100 million / Year on year against the same period last year ¥116.5 100 million, Indicator name Overseas revenue ratio / Value 32.1 % / Year on year against the same period last year Not disclosed, Indicator name Overseas operating profit / Value ¥89 100 million / Year on year against the same period last year ¥127.2 100 million, Indicator name Overseas operating profit ratio / Value 39.2 % / Year on year against the same period last year Not disclosed |
| Assumptions Underlying the Business Outlook | USD First half of fiscal 2026 160.4 Yen / FY2026 forecast 158 Yen / CAD First half of fiscal 2026 115.4 Yen / FY2026 forecast 111 Yen / AUD First half of fiscal 2026 113.2 Yen / FY2026 forecast 111 Yen / NZD First half of fiscal 2026 93.5 Yen / FY2026 forecast 89 Yen / THB First half of fiscal 2026 4.9 Yen / FY2026 forecast 4.7 Yen / INR First half of fiscal 2026 1.7 Yen / FY2026 forecast 1.7 Yen |
| Risk amount incorporated into the outlook | Middle East impact ¥-15 100 million |
| Financial targets | Equity ratio First half of fiscal 2026 61.9 % |
| Annual Dividend | Annual dividend per share 65 Yen / Interim Dividend 32 Yen / Year-end dividend Not disclosed |
| Acquisition of treasury shares | The disclosure states that a resolution was passed to repurchase the company's own shares, but the amount, number of shares and period of the repurchase are Not disclosed in this material. |
| Capital expenditures | ¥226 billion (first half, on a construction basis) |
| New initiatives | Resolution to Repurchase Treasury Shares |
Items this document does not state (12)
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 employeesMedium-term management plan targetsPayout ratioOrders received and order backlogMarket Size / ShareKey points of the Q&A
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 due to higher overseas revenue, foreign exchange translation effects and sales of processed foods. Higher overseas operating profit contributed to operating profit, while spending on sales expansion initiatives and cost-related expenses reduced profit. Ordinary profit declined due to lower net financial income, equity-method investment gains and other non-operating income and expenses. Interim net income benefited from an improvement in special gains and losses, including the absence of the impairment loss recorded in the previous year, despite a decrease in gains on sales of fixed assets.
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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.