Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 25 February 2026 (earnings forecast), 8 May 2025 (dividend forecast)The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
Against the backdrop of an improved earnings environment in the livestock and aquatic feed business, performance remained firm even after the upward revision on 25 February 2026, and revenue and each profit measure are expected to exceed the previously announced forecasts by a further margin.
| Item | Details |
|---|---|
| Net Sales | ¥288,000 million → ¥290,000 million（+0.7%） |
| Operating profit | ¥7,600 million → ¥8,000 million（+5.3%） |
| Ordinary income | ¥8,100 million → ¥8,600 million（+6.2%） |
| Profit attributable to owners of the parent | ¥6,000 million → ¥6,300 million（+5.0%） |
| Net income per share | 156.78 yen and sen → 164.70 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 25 February 2026 (earnings forecast), 8 May 2025 (dividend forecast) |
| Previous-period results | Revenue: ¥296,045 million; operating income: ¥6,343 million; ordinary income: ¥6,789 million; net income attributable to owners of the parent: ¥5,387 million; earnings per share: ¥140.84 (yen sen) |
| Reason for the revision | Against the backdrop of an improved earnings environment in the livestock and aquatic feed business, performance remained firm even after the upward revision on 25 February 2026, and revenue and each profit measure are expected to exceed the previously announced forecasts by a further margin. |
| Dividend forecast revision | The year-end dividend forecast has been increased by ¥3.50 per share, from ¥21.00 to ¥24.50. The annual dividend forecast has been increased from ¥42.00 to ¥45.50 per share. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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 earnings environment in the livestock and aquatic feed business improved, and performance remained firm even after the upward revision on 25 February 2026. As a result, revenue and each profit measure are expected to exceed the previously announced forecasts by a further margin.