Komori
Results2215FIRST BAKING CO.,LTD.Food

Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

For the cumulative first 3 quarters of the fiscal year ending December 2026, revenue, operating profit, ordinary profit and net income exceeded the year-earlier period, with operating profit showing particularly strong growth. The full-year earnings forecast was revised from the most recently announced forecast.

Worth reading
43Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
298
¥ million (year-on-year increase in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 January 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales22,612¥ millionYear on year +6.9%Progress 74.4%
Operating profit489¥ millionYear on year +156.1%Progress 85.8%
Ordinary income490¥ millionYear on year +162.8%Progress 87.5%
Net income attributable to owners of the parent271¥ millionYear on year +163.5%

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¥39.22
Financial position at period-end
Total assets15,806¥ million
of which net assets 8,818 ¥ millionEquity ratio 55.8%vs. prior year-end +3.5pt

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 ¥22,269 million (YoY +6.3%), Real estate business ¥342 million (YoY +81.0%)
Segment profitFood Business ¥180 million (YoY +360.5%), Real estate business ¥327 million (YoY +96.3%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥30,400 million (YoY +5.0%)
Operating profit¥570 million (YoY +22.3%)
Ordinary income¥560 million (YoY +25.3%)
Profit attributable to owners of the parent¥360 million (YoY +12.2%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥30,400 million (YoY +5.0%) / Operating profit Not disclosed → ¥570 million (YoY +22.3%) / Ordinary income Not disclosed → ¥560 million (YoY +25.3%) / Profit attributable to owners of the parent Not disclosed → ¥360 million (YoY +12.2%)
Annual Dividend Forecast0 yen → 0 yen
Factors Behind Changes in Business Performance

The launch of collaboration products and character products, together with promotional initiatives that expanded support among existing customers and helped acquire new customers, contributed to revenue growth. Operating profit increased owing to improved production efficiency from DPS activities, restrained sales of low-margin products, growth in high-margin products and the effects of other cost reductions.

Disclosure regarding the going concern assumption

Not applicable.

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name N/A
Depreciation and amortization¥477 million
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingWhether applicable None / Subject person Not disclosed
Issued Shares at Period-End6,929,900 shares
Treasury Shares at Period-End6,509 shares
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 September 2026
Net Sales¥22,612 million (YoY +6.9%)
Operating profit¥489 million (YoY +156.1%)
Ordinary income¥490 million (YoY +162.8%)
Profit attributable to owners of the parent¥271 million (YoY +163.5%)
Net income per share¥39.22
Equity ratioEnd of the current fiscal period 55.8 / End of previous period 52.3
Total assets¥15,806 million
Net assets¥8,818 million
Full-year earnings forecastNet Sales ¥30,400 million (YoY +5.0%) / Operating profit ¥570 million (YoY +22.3%) / Ordinary income ¥560 million (YoY +25.3%) / Profit attributable to owners of the parent ¥360 million (YoY +12.2%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥30,400 million (YoY +5.0%) / Operating profit Not disclosed → ¥570 million (YoY +22.3%) / Ordinary income Not disclosed → ¥560 million (YoY +25.3%) / Profit attributable to owners of the parent Not disclosed → ¥360 million (YoY +12.2%)
Annual Dividend Forecast0 yen → 0 yen
Segment revenueFood Business ¥22,269 million (YoY +6.3%), Real estate business ¥342 million (YoY +81.0%)
Segment profitFood Business ¥180 million (YoY +360.5%), Real estate business ¥327 million (YoY +96.3%)
Depreciation and amortization¥477 million
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name N/A
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingWhether applicable None / Subject person Not disclosed
Issued Shares at Period-End6,929,900 shares
Treasury Shares at Period-End6,509 shares
Factors Behind Changes in Business PerformanceThe launch of collaboration products and character products, together with promotional initiatives that expanded support among existing customers and helped acquire new customers, contributed to revenue growth. Operating profit increased owing to improved production efficiency from DPS activities, restrained sales of low-margin products, growth in high-margin products and the effects of other cost reductions.
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Material 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.

Revenue increased as the launch of collaboration products and character products and promotional initiatives expanded support among existing customers and helped acquire new customers. Operating profit increased despite higher raw material, labor and logistics costs, owing to improved production efficiency from DPS activities, restrained sales of low-margin products, growth in high-margin products and the effects of other cost reductions. The details of the reasons for revising the full-year earnings forecast were not provided in this earnings report, which directs readers to the separately announced revision disclosure.

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.
Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | FIRST BAKING CO.,LTD. (2215) timely disclosure | Komori