Komori
Earnings2207MEITO CO.,LTD.Food

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

In the first quarter, net sales increased 2.0% year on year, while operating profit declined 61.9% due to higher raw material and personnel costs. Ordinary profit and net income attributable to owners of the parent increased, driven by gains on the sale of investment securities and higher dividend income.

Worth reading
53Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
61.9
% decrease (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales6,337¥ millionYear on year +2.0%Progress 20.8%
Operating profit179¥ millionYear on year -61.9%Progress 9.9%
Ordinary income1,411¥ millionYear on year +19.1%Progress 28.2%
Net income attributable to owners of the parent993¥ millionYear on year +1.6%Progress 21.6%

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¥60.96
Financial position at period-end
Total assets105,448¥ million
of which net assets 65,265 ¥ millionEquity ratio 61.9%vs. prior year-end -0.1pt

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.

Segment revenueFood Business ¥5,223 million (YoY +0.4%), Chemical Products Business ¥993 million (YoY +4.8%), Real Estate Business ¥119 million (YoY +83.5%)
Segment profitFood Business ¥178 million (YoY -58.7%), Chemical Products Business ¥267 million (YoY -4.2%), Real Estate Business ¥58 million (YoY +170.5%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥30,500 million (YoY +4.8%)
Operating profit¥1,800 million (YoY +46.3%)
Ordinary income¥5,000 million (YoY +71.6%)
Net income¥4,600 million (YoY +49.9%)
Annual Dividend Forecast¥55 → ¥80
Factors Behind Changes in Business Performance

Operating profit declined due to a higher cost-of-sales ratio caused by persistently high prices for key raw materials, as well as higher personnel costs. Ordinary profit increased due to gains on the sale of investment securities and higher dividend income. The Food Business was affected by persistently high raw material prices, the Chemical Products Business by higher personnel and energy costs, and the Real Estate Business benefited from rental income from land acquired in September 2025.

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 consolidationNew 0 companies (company name: none) / Excluded 0 companies (company name: none)
Impairment lossNot applicable (information on impairment losses and other items related to fixed assets by reportable segment)
Breakdown of extraordinary income (loss)Extraordinary income None (total: “-”) / Extraordinary loss No
Depreciation and amortization¥519 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End16,651,708 Shares
Treasury Shares at Period-End349,878 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥6,337 million (YoY +2.0%)
Operating profit¥179 million (YoY -61.9%)
Ordinary income¥1,411 million (YoY +19.1%)
Profit attributable to owners of the parent¥993 million (YoY +1.6%)
Net income per share¥60.96
Equity ratioEnd of the current fiscal period 61.9 / End of previous period 62
Total assets¥105,448 million
Net assets¥65,265 million
Full-year earnings forecastNet Sales ¥30,500 million (YoY +4.8%) / Operating profit ¥1,800 million (YoY +46.3%) / Ordinary income ¥5,000 million (YoY +71.6%) / Net income ¥4,600 million (YoY +49.9%)
Annual Dividend Forecast¥55 → ¥80
Segment revenueFood Business ¥5,223 million (YoY +0.4%), Chemical Products Business ¥993 million (YoY +4.8%), Real Estate Business ¥119 million (YoY +83.5%)
Segment profitFood Business ¥178 million (YoY -58.7%), Chemical Products Business ¥267 million (YoY -4.2%), Real Estate Business ¥58 million (YoY +170.5%)
Depreciation and amortization¥519 million
Impairment lossNot applicable (information on impairment losses and other items related to fixed assets by reportable segment)
Breakdown of extraordinary income (loss)Extraordinary income None (total: “-”) / Extraordinary loss No
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies (company name: none) / Excluded 0 companies (company name: none)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End16,651,708 Shares
Treasury Shares at Period-End349,878 Shares
Factors Behind Changes in Business PerformanceOperating profit declined due to a higher cost-of-sales ratio caused by persistently high prices for key raw materials, as well as higher personnel costs. Ordinary profit increased due to gains on the sale of investment securities and higher dividend income. The Food Business was affected by persistently high raw material prices, the Chemical Products Business by higher personnel and energy costs, and the Real Estate Business benefited from rental income from land acquired in September 2025.
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent events

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.

Operating profit declined due to a higher cost-of-sales ratio caused by persistently high prices for key raw materials, as well as higher personnel costs. Ordinary profit increased due to gains on the sale of investment securities and higher dividend income. Net income attributable to owners of the parent increased slightly year on year, partly because gains of ¥176 million on the sale of investment securities had been recorded as extraordinary income in the same period of the previous year.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | MEITO CO.,LTD. (2207) timely disclosure | Komori