Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPThe 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.
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.
In the feed business, profit margins improved due to higher average selling prices, improved raw material positioning and the promotion of value-added sales. In the other businesses, higher sales volumes, increased sales of specialty eggs and an expanded product lineup, increased fertilizer demand and higher overseas sales volumes of livestock equipment contributed to results. Net income increased substantially due to extraordinary income from the gain on the transfer of logistics warehouse rental properties.
No applicable matters
| 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 | ¥56,291 million (YoY +7.7%) |
| Operating profit | ¥1,232 million (YoY +10.6%) |
| Ordinary income | ¥1,600 million (YoY +19.9%) |
| Profit attributable to owners of the parent | ¥3,466 million (YoY +238.3%) |
| Net income per share | ¥120.79 |
| Equity ratio | End of the current fiscal period 68.3 / End of previous period 66.8 |
| Total assets | ¥109,775 million |
| Net assets | ¥75,046 million |
| Full-year earnings forecast | Net Sales ¥221,000 million (YoY +4.3%) / Operating profit ¥5,900 million (YoY -10.4%) / Ordinary income ¥6,200 million (YoY -13.5%) / Net income ¥6,900 million (YoY +24.3%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥65 → ¥76（+16.9%） |
| Segment revenue | Feed ¥49,867 million (YoY +4.1%), Other ¥6,423 million (YoY +47.2%) |
| Segment profit | Feed ¥1,267 million (YoY +7.5%), Other ¥460 million (YoY +98.7%) |
| Depreciation and amortization | ¥737 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥3,118 million, Gain on sale of investment securities ¥183 million, Gain on sale of investments in an affiliated company ¥200 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥0 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name None |
| Material subsequent events | On 21 July 2026, payment was completed for the disposal of 9,900 treasury shares as restricted stock compensation. The total disposal amount was ¥18,206,100. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 30,371,908 |
| Treasury Shares at Period-End | 1,675,695 |
| Factors Behind Changes in Business Performance | In the feed business, profit margins improved due to higher average selling prices, improved raw material positioning and the promotion of value-added sales. In the other businesses, higher sales volumes, increased sales of specialty eggs and an expanded product lineup, increased fertilizer demand and higher overseas sales volumes of livestock equipment contributed to results. Net income increased substantially due to extraordinary income from the gain on the transfer of logistics warehouse rental properties. |
Items this document does not state (10)
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 feed business reported higher profit due to higher average selling prices, improved raw material positioning and the promotion of value-added sales. The other businesses reported increases in both revenue and profit, owing to higher sales volumes, an expanded product lineup of specialty eggs, increased fertilizer demand and higher overseas sales volumes of livestock equipment. The recognition of a ¥3,113 million gain on the transfer of logistics warehouse rental properties as extraordinary income was the main reason for the substantial increase in net income.