Worth reading
58In focus
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
90.2
Operating profit decline (%)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales68,696¥ millionYear on year +6.0%Progress 99.6%
Operating profit52¥ millionYear on year -90.2%Progress 4.0%
Ordinary income758¥ millionYear on year -32.5%Progress 42.1%
Net income attributable to owners of the parent5,032¥ millionYear on year +86.1%
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¥410.85
Operating Margin0.1%
Financial position at period-end
Total assets97,696¥ million
of which net assets 77,517 ¥ millionEquity ratio 79.3%vs. prior year-end +6.4pt
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.
Cash inflows and outflows
Operating+4,271
Investment+1,449
Financials-9,530
Net change-3,810
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥4,555 million
Segment revenueSugar business ¥46,694 million (YoY +8.9%), Food Business ¥2,801 million (YoY +3.7%), Feed business ¥12,744 million (YoY -0.9%), Agricultural Materials Business ¥3,987 million (YoY +1.5%), Real Estate Business ¥1,166 million (YoY -5.4%), Other Businesses ¥1,300 million (YoY +10.4%)
Segment profitSugar business ¥-2,557 million, Food Business ¥171 million (YoY -22.6%), Feed business ¥1,363 million (YoY +11.7%), Agricultural Materials Business ¥270 million, Real Estate Business ¥594 million (YoY -1.3%), Other Businesses ¥293 million (YoY +58.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥69,000 million (YoY +0.4%)
Operating profit¥1,300 million
Ordinary income¥1,800 million (YoY +137.2%)
Profit attributable to owners of the parent¥1,200 million (YoY -76.2%)
Annual Dividend Forecast¥160 → ¥260（+62.5%）
Payout ratio38.9% (fiscal year ended March 2026) / 261.9% (forecast for fiscal year ending March 2027)
Shareholder Return PolicyDOE (dividend on equity) of approximately 4.0%
Factors Behind Changes in Business Performance
Revenue increased mainly due to higher revenue from the sugar business, while operating profit declined mainly due to lower selling prices in the sugar business. Net income increased due to higher gains on sales of investment securities and lower impairment losses.
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
Changes in the scope of consolidation0 additions, 0 exclusions (no material changes)
Material subsequent eventsNot applicable.
Impairment loss¥527 million: ¥357 million for beet sugar-related facilities, ¥95 million for baled pulp production equipment, and ¥75 million for idle assets.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥64 million, Gain on sale of investment securities ¥6,978 million, Subsidy Income ¥57 million, Insurance proceeds received ¥84 million, Other ¥38 million / Extraordinary loss Losses on disposal of fixed assets ¥321 million, Loss on reduction of fixed assets ¥57 million, Impairment Losses ¥527 million, Other ¥14 million
Depreciation and amortization¥2,312 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End12,810,089 shares
Treasury Shares at Period-End721,825 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥68,696 million (YoY +6.0%) |
| Operating profit | ¥52 million (YoY -90.2%) |
| Ordinary income | ¥758 million (YoY -32.5%) |
| Profit attributable to owners of the parent | ¥5,032 million (YoY +86.1%) |
| Net income per share | ¥410.85 |
| Operating Margin | 0.1% |
| Equity ratio | End of the current fiscal period 79.3% / End of previous period 72.9% |
| Total assets | ¥97,696 million |
| Net assets | ¥77,517 million |
| Cash flows from operating activities | ¥4,271 million |
| Cash flows from investing activities | ¥1,449 million |
| Cash flows from financing activities | ¥-9,530 million |
| Cash and cash equivalents at end of period | ¥4,555 million |
| Full-year earnings forecast | Net Sales ¥69,000 million (YoY +0.4%) / Operating profit ¥1,300 million / Ordinary income ¥1,800 million (YoY +137.2%) / Profit attributable to owners of the parent ¥1,200 million (YoY -76.2%) |
| Annual Dividend Forecast | ¥160 → ¥260（+62.5%） |
| Payout ratio | 38.9% (fiscal year ended March 2026) / 261.9% (forecast for fiscal year ending March 2027) |
| Shareholder Return Policy | DOE (dividend on equity) of approximately 4.0% |
| Segment revenue | Sugar business ¥46,694 million (YoY +8.9%), Food Business ¥2,801 million (YoY +3.7%), Feed business ¥12,744 million (YoY -0.9%), Agricultural Materials Business ¥3,987 million (YoY +1.5%), Real Estate Business ¥1,166 million (YoY -5.4%), Other Businesses ¥1,300 million (YoY +10.4%) |
| Segment profit | Sugar business ¥-2,557 million, Food Business ¥171 million (YoY -22.6%), Feed business ¥1,363 million (YoY +11.7%), Agricultural Materials Business ¥270 million, Real Estate Business ¥594 million (YoY -1.3%), Other Businesses ¥293 million (YoY +58.4%) |
| Depreciation and amortization | ¥2,312 million |
| Impairment loss | ¥527 million: ¥357 million for beet sugar-related facilities, ¥95 million for baled pulp production equipment, and ¥75 million for idle assets. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥64 million, Gain on sale of investment securities ¥6,978 million, Subsidy Income ¥57 million, Insurance proceeds received ¥84 million, Other ¥38 million / Extraordinary loss Losses on disposal of fixed assets ¥321 million, Loss on reduction of fixed assets ¥57 million, Impairment Losses ¥527 million, Other ¥14 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 |
| Changes in the scope of consolidation | 0 additions, 0 exclusions (no material changes) |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 12,810,089 shares |
| Treasury Shares at Period-End | 721,825 shares |
| Factors Behind Changes in Business Performance | Revenue increased mainly due to higher revenue from the sugar business, while operating profit declined mainly due to lower selling prices in the sugar business. Net income increased due to higher gains on sales of investment securities and lower impairment losses. |
Items this document does not state (3)
Revision to Earnings ForecastRegional salesOrders received and order backlog
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 mainly because of higher revenue from the sugar business, while operating profit declined mainly because of lower selling prices in the sugar business. Net income attributable to owners of the parent increased due to higher gains on sales of investment securities and lower impairment losses.
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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