Worth reading
55In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
19.1
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedIFRSNet Sales56,123million yenYear on year -2.9%
Operating profit6,180million yenYear on year +19.1%
Ordinary income6,264million yenYear on year +19.9%
Net income attributable to owners of the parent4,334million yenYear on year +21.3%
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.
Net income per share¥132.38
Financial position at period-end
Total assets107,280million yen
of which net assets 80,098 million yenEquity ratio 74.7%vs. prior year-end +1.8pt
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+4,156
Investment-1,214
Financials-4,399
Net change-1,457
Stacked from zero: upward is an increase in cash, downward a decrease (in million yen).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 period9,005 million yen
Segment revenueSugar 48,161 million yen (YoY -2.8%), Food＆Wellness 7,962 million yen (YoY -3.0%)
Segment profitSugar 6,133 million yen (YoY +14.1%), Food＆Wellness 583 million yen (YoY +77.2%)
Outlook and shareholder returns
Full-year earnings forecast
Net SalesNot disclosed
Operating profitNot disclosed
Ordinary incomeNot disclosed
Net incomeNot disclosed
NotesUnchanged from the forecast announced on 6 August 2026
Revision to Earnings ForecastNone
Annual Dividend Forecast¥119 per share → ¥119 per share（0%）
Payout ratio60% (consolidated dividend payout ratio benchmark)
Shareholder Return PolicyDividends are based on the higher of a consolidated dividend payout ratio (DPR) of 60% or a dividend on equity (DOE) ratio of 3%.
Factors Behind Changes in Business Performance
Revenue declined as selling prices were reduced in response to falling overseas raw sugar prices, while profit increased due in part to the continued focus on sales profitability. In Food & Wellness, the reflection of selling prices at ツキオカフィルム製薬 and the sale of idle land contributed to higher profit, while the Fitness business recorded an impairment loss.
Disclosure regarding the going concern assumption
Not applicable
Material subsequent eventsAn absorption-type merger of consolidated subsidiary 東洋精糖株式会社 was carried out on 1 October 2026.
Impairment loss163 million yen
Breakdown of extraordinary income (loss)Gain on sale of shares in an affiliate Amount Not disclosed (included in Food & Wellness segment profit)
Depreciation and amortization1,270 million yen
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | 56,123 million yen (YoY -2.9%) |
| Operating profit | 6,180 million yen (YoY +19.1%) |
| Ordinary income | 6,264 million yen (YoY +19.9%) |
| Profit attributable to owners of the parent | 4,334 million yen (YoY +21.3%) |
| Net income per share | ¥132.38 |
| Equity ratio | End of the current fiscal period 74.7% / End of previous period 72.9% |
| Total assets | 107,280 million yen |
| Net assets | 80,098 million yen |
| Cash flows from operating activities | 4,156 million yen |
| Cash flows from investing activities | -1,214 million yen |
| Cash flows from financing activities | -4,399 million yen |
| Cash and cash equivalents at end of period | 9,005 million yen |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Notes Unchanged from the forecast announced on 6 August 2026 |
| Revision to Earnings Forecast | None |
| Annual Dividend Forecast | ¥119 per share → ¥119 per share（0%） |
| Payout ratio | 60% (consolidated dividend payout ratio benchmark) |
| Shareholder Return Policy | Dividends are based on the higher of a consolidated dividend payout ratio (DPR) of 60% or a dividend on equity (DOE) ratio of 3%. |
| Segment revenue | Sugar 48,161 million yen (YoY -2.8%), Food＆Wellness 7,962 million yen (YoY -3.0%) |
| Segment profit | Sugar 6,133 million yen (YoY +14.1%), Food＆Wellness 583 million yen (YoY +77.2%) |
| Depreciation and amortization | 1,270 million yen |
| Impairment loss | 163 million yen |
| Breakdown of extraordinary income (loss) | Gain on sale of shares in an affiliate Amount Not disclosed (included in Food & Wellness segment profit) |
| Disclosure regarding the going concern assumption | Not applicable |
| Material subsequent events | An absorption-type merger of consolidated subsidiary 東洋精糖株式会社 was carried out on 1 October 2026. |
| Factors Behind Changes in Business Performance | Revenue declined as selling prices were reduced in response to falling overseas raw sugar prices, while profit increased due in part to the continued focus on sales profitability. In Food & Wellness, the reflection of selling prices at ツキオカフィルム製薬 and the sale of idle land contributed to higher profit, while the Fitness business recorded an impairment loss. |
Items this document does not state (9)
Operating MarginRegional salesOrders received and order backlogChange in accounting policyChanges in the scope of consolidationAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End
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 declined as selling prices were reduced in response to falling overseas raw sugar prices. Operating profit increased due in part to the continued focus on sales profitability.
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.