Results for this period
Interim period (second quarter)1 April 2026–30 September 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.
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.
Although sales volume for sugars exceeded the previous year's level, revenue declined because the unit selling price was lower than in the same period of the previous year due to the impact of the product price revision in November of the previous year. Functional materials performed well, driven by domestic inulin sales and Unitech Foods' collagen and ODM business, while the Thai subsidiary posted higher profit as operations resumed following the temporary suspension caused by equipment upgrades in the previous year. Higher raw material, logistics and personnel costs, together with exchange rate effects, put pressure on earnings.
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| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥14,583 million (YoY +2.8%) |
| Operating profit | ¥2,076 million (YoY +12.4%) |
| Ordinary income | ¥2,206 million (YoY +11.9%) |
| Profit attributable to owners of the parent | ¥1,596 million (YoY +4.9%) |
| Net income per share | ¥31.12 |
| Equity ratio | End of the current fiscal period 70.6 / End of previous period 72 |
| Total assets | ¥41,542 million |
| Net assets | ¥29,370 million |
| Cash flows from operating activities | ¥969 million |
| Cash flows from investing activities | ¥-2,102 million |
| Cash flows from financing activities | ¥804 million |
| Cash and cash equivalents at end of period | ¥6,895 million |
| Full-year earnings forecast | Net Sales ¥29,700 million (YoY +4.4%) / Operating profit ¥3,300 million (YoY -7.1%) / Ordinary income ¥3,500 million (YoY -7.3%) / Net income ¥2,500 million (YoY -22.4%) |
| Annual Dividend Forecast | — (total annual dividend) → ¥19 |
| Segment revenue | Sugars ¥6,735 million (YoY -1.7%), Functional ingredients ¥7,397 million (YoY +7.4%), Real Estate ¥309 million (YoY -2.7%) |
| Segment profit | Sugars ¥1,308 million (YoY +1.3%), Functional ingredients ¥1,044 million (YoY +29.4%), Real Estate ¥279 million (YoY -3.8%) |
| Depreciation and amortization | ¥93 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on sale of fixed assets ¥0 million |
| Disclosure regarding the going concern assumption | None |
| Change in accounting policy | Changes due to revisions to standards No / Other changes Yes / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | No (0 additions, 0 exclusions) |
| Material subsequent events | None |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No (target audience: none) |
| Issued Shares at Period-End | 51,437,400 shares |
| Treasury Shares at Period-End | 137,274 shares |
| Factors Behind Changes in Business Performance | Although sales volume for sugars exceeded the previous year's level, revenue declined because the unit selling price was lower than in the same period of the previous year due to the impact of the product price revision in November of the previous year. Functional materials performed well, driven by domestic inulin sales and Unitech Foods' collagen and ODM business, while the Thai subsidiary posted higher profit as operations resumed following the temporary suspension caused by equipment upgrades in the previous year. Higher raw material, logistics and personnel costs, together with exchange rate effects, put pressure on earnings. |
Items this document does not state (7)
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.Demand for high-value-added materials remained firm against a backdrop of health-consciousness and interest in functional foods. In functional materials, domestic sales and Unitech Foods' collagen and ODM business grew, while the Thai subsidiary, which had suspended operations for equipment upgrades in the previous year, operated smoothly this fiscal year. On the other hand, raw material, logistics and personnel costs increased, exchange rates had an impact, and a revision of sugar product prices reduced the unit selling price.