Results for this period
First quarter1 January 2026–31 March 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.
The factors affecting the change in operating income were an increase of ¥3,790 million due to changes in net sales, a decrease of ¥2,765 million due to changes in raw material prices, an increase of ¥395 million due to other changes in costs, an increase of ¥808 million due to changes in the freight and warehousing expense ratio, a decrease of ¥349 million due to changes in sales promotion and advertising expenses, and a decrease of ¥810 million due to changes in general and administrative expenses.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | ¥85,277 million (YoY +10.3%) |
| Operating profit | ¥3,697 million (YoY +40.7%) |
| Ordinary income | ¥4,958 million (YoY +35.5%) |
| Profit attributable to owners of the parent | ¥3,583 million (YoY +46.0%) |
| Net income per share | ¥56.45 |
| Equity ratio | End of the current fiscal period 72 / End of previous period 70.5 |
| Total assets | ¥383,827 million |
| Net assets | ¥277,056 million |
| Full-year earnings forecast | Net Sales ¥380,000 million (YoY +5.1%) / Operating profit ¥14,000 million (YoY +60.2%) / Ordinary income ¥17,000 million (YoY +46.0%) / Net income ¥10,000 million (YoY +98.5%) |
| Annual Dividend Forecast | ¥95 → ¥95（0.0%） |
| Segment revenue | Health and Food Business ¥8,887 million (YoY +6.1%), Dairy Business ¥14,201 million (YoY +2.9%), Nutritional Confectionery Business ¥15,452 million (YoY +2.6%), Food Ingredients Business ¥2,775 million (YoY -2.4%), Domestic Other Businesses ¥17,513 million (YoY +6.7%), Overseas Operations ¥26,447 million (YoY +26.9%) |
| Segment profit | Health and Food Business ¥-1,290 million, Dairy Business ¥-2,305 million, Nutritional Confectionery Business ¥794 million (YoY -30.0%), Food Ingredients Business ¥489 million (YoY +20.3%), Domestic Other Businesses ¥-1 million, Overseas Operations ¥4,807 million (YoY +46.7%) |
| Regional sales | 717 Millions of yuan (YoY +41.2%), 28 USD million (YoY -17.0%), 26 USD million (YoY +9.5%) |
| Depreciation and amortization | ¥4,764 million |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥464 million, Gain on changes in equity interests ¥39 million / Extraordinary loss No applicable matters. |
| 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 / Name of newly added company Not disclosed / Excluded Company Name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 68,468,569 Shares |
| Treasury Shares at Period-End | 5,323,018 Shares |
| Factors Behind Changes in Business Performance | The factors affecting the change in operating income were an increase of ¥3,790 million due to changes in net sales, a decrease of ¥2,765 million due to changes in raw material prices, an increase of ¥395 million due to other changes in costs, an increase of ¥808 million due to changes in the freight and warehousing expense ratio, a decrease of ¥349 million due to changes in sales promotion and advertising expenses, and a decrease of ¥810 million due to changes in general and administrative expenses. |
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.Revenue increased in the Health and Food Business, Domestic Other Businesses and Overseas Business, among others. In terms of profit, gross profit increased due in part to higher revenue in China within the Overseas Business, and an improvement in the freight and warehousing expense ratio also contributed to higher profit. These factors were partly offset by higher raw material prices and increases in sales promotion expenses and general and administrative expenses.