Worth reading
72In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
683
¥ million (year-on-year decrease in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportQ3 FY202614 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥25,542 million+4.7%
Operating profit¥2,658 million-20.5%
Ordinary income¥2,679 million-20.7%
Net income¥1,904 million -19.5%profit attributable to owners of the parent
Selling, general and administrative expenses¥7,710 million
Gross Profit Margin
Rate40.6%
Year-on-year change (points)△1.5pt
Operating profit margin
Rate10.4%
Year-on-year change (points)△3.3pt
Results for the three months of the current quarter
Q3
Net Sales
¥8,087 million
Operating profit
¥512 million
Ordinary income
¥519 million
Net income
¥349 million profit attributable to owners of the parent
Full-year earnings forecast
Net Sales
¥36,500 million
Operating profit
¥4,200 million
Ordinary income
¥4,200 million
Net income
¥3,000 million net income attributable to owners of the parent
Operating profit margin
11.5 %
Annual Dividend
¥33
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales70%
Operating profit63%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Expected to achieve the revised forecast announced in JulyBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in contribution margin from higher sales volume
- Price revisions
- Raw material factors
- Other cost factors
- Increase in delivery expense ratio
- Increase in advertising expenses
- Increase in other selling expenses
- Increase in personnel expenses
- Increase in general expenses
New initiatives
- Price revisions for selected products
- Planned launch of Puré Gummy sales on Amazon US
- Preparations to enter US regional retail chains
- Establishment of a new gummy line and automated warehouse
- Grandsta Tokyo store to reopen after renovation
Key KPIsA metric the company considers important as a management benchmark.
- Total candy market growth rate2.6 %Year on year against the same period last yearIncreased
- Our share of the total candy market11.8 %Year on year against the same period last yearIncreased from 11.3%
- Our share of the hard candy market20.8 %Year on year against the same period last yearIncreased from 19.1%
- Our share of the gummy market15.1 %Year on year against the same period last yearIncreased from 14.8%
- Number of US retail locations300 stores → 400 stores →
- Planned expansion of production capacity for new gummy line50 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
- Hard candy market sales value and sales volume (units)Shown by category
- Gummy market sales value and sales volume (units)Shown by category
Segment results
Candy
Net Sales¥3,455 million
Year on year against the same period last year+4.8%
Gummies
Net Sales¥4,447 million
Year on year against the same period last year+6.1%
Ingredient-based confectionery
Net Sales¥181 million
Year on year against the same period last year-22.5%
Other
Net Sales¥2 million
Year on year against the same period last year-36.3%
Medium-term management plan targets
Net Sales
¥50 billion or more
Target fiscal year2030
Operating profit margin
13% or more
Target fiscal year2030
EBITDA
¥100 100 million
Target fiscal year2030
ROIC
11% or higher
Target fiscal year2030
ROE
15% or higher
Target fiscal year2030
Financial targets
ROIC
Target11% or higher
2026 revised forecast13.2%
ROE
Target15% or higher
2026 revised forecast15.6%
Market Size / Share
Total candy market from January to September 2026: ¥291 billion
ShareCompany market share: total candy market 11.8%, hard candy 20.8%, gummies 15.1%
Number of employees
Number of Employees705 people
Capital expenditures
¥9,261 million FY ending December 2026 forecast
Annual Dividend
Annual dividend per share¥33
Payout ratio
45.2%Acquisition of treasury shares
Mention of a share buyback. The amount, number of shares and period for the acquisition program are Not disclosed| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Q3 FY2026 |
| Net Sales | ¥25,542 million (YoY +4.7%) |
| Operating profit | ¥2,658 million (YoY -20.5%) |
| Ordinary income | ¥2,679 million (YoY -20.7%) |
| Net income | ¥1,904 million (profit attributable to owners of the parent) (YoY -19.5%) |
| Gross Profit Margin | Rate 40.6% / Year-on-year change (points) △1.5pt |
| Operating profit margin | Rate 10.4% / Year-on-year change (points) △3.3pt |
| Selling, general and administrative expenses | ¥7,710 million |
| Results for the three months of the current quarter | Q3 Net Sales ¥8,087 million / Operating profit ¥512 million / Ordinary income ¥519 million / Net income ¥349 million (profit attributable to owners of the parent) |
| Full-year earnings forecast | Net Sales ¥36,500 million / Operating profit ¥4,200 million / Ordinary income ¥4,200 million / Net income ¥3,000 million (net income attributable to owners of the parent) / Operating profit margin 11.5 % / Annual Dividend ¥33 |
| Progress against full-year forecast | Net Sales 70% / Operating profit 63% |
| Self-assessment against the plan | Expected to achieve the revised forecast announced in July |
| Segment results | Candy Net Sales ¥3,455 million / yoy_pct ¥4.8 million / Gummies Net Sales ¥4,447 million / yoy_pct ¥6.1 million / Ingredient-based confectionery Net Sales ¥181 million / yoy_pct ¥-22.5 million / Other Net Sales ¥2 million / yoy_pct ¥-36.3 million |
| Breakdown of Factors Affecting the Change | Increase in contribution margin from higher sales volume, Price revisions, Raw material factors, Other cost factors, Increase in delivery expense ratio, Increase in advertising expenses, Increase in other selling expenses, Increase in personnel expenses, Increase in general expenses |
| Key KPIs | Indicator name Total candy market growth rate / Value 2.6 % / Year on year against the same period last year Increased, Indicator name Our share of the total candy market / Value 11.8 % / Year on year against the same period last year Increased from 11.3%, Indicator name Our share of the hard candy market / Value 20.8 % / Year on year against the same period last year Increased from 19.1%, Indicator name Our share of the gummy market / Value 15.1 % / Year on year against the same period last year Increased from 14.8%, Indicator name Number of US retail locations / Value 300 stores → 400 stores → / Year on year against the same period last year Not disclosed, Indicator name Planned expansion of production capacity for new gummy line / Value 50 % / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Indicator name Hard candy market sales value and sales volume (units) / Value Shown by category, Indicator name Gummy market sales value and sales volume (units) / Value Shown by category |
| Number of employees | Number of Employees 705 people / Changes during the period and hiring plan Not disclosed |
| Medium-term management plan targets | Net Sales ¥50 billion or more / Operating profit margin 13% or more / EBITDA ¥100 100 million / ROIC 11% or higher / ROE 15% or higher |
| Financial targets | ROIC Target 11% or higher / 2026 revised forecast 13.2% / ROE Target 15% or higher / 2026 revised forecast 15.6% |
| Annual Dividend | Annual dividend per share ¥33 / Interim and Year-End Breakdown Not disclosed |
| Payout ratio | 45.2% |
| Acquisition of treasury shares | Mention of a share buyback. The amount, number of shares and period for the acquisition program are Not disclosed |
| Capital expenditures | ¥9,261 million (FY ending December 2026 forecast) |
| Market Size / Share | Market Size Total candy market from January to September 2026: ¥291 billion / Share Company market share: total candy market 11.8%, hard candy 20.8%, gummies 15.1% |
| New initiatives | Price revisions for selected products, Planned launch of Puré Gummy sales on Amazon US, Preparations to enter US regional retail chains, Establishment of a new gummy line and automated warehouse, Grandsta Tokyo store to reopen after renovation |
Items this document does not state (5)
Number of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookOrders received and order backlogKey points of the Q&A
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.Although higher sales volume and price revisions increased the contribution margin, raw material and fuel costs attributable to the situation in the Middle East, freight and storage costs, advertising and promotional expenses to enhance the corporate brand, and general and administrative expenses as upfront investment for expanding the US business all increased.
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.