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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 5.6% year on year to ¥7,519 million, while operating income turned into an operating loss of ¥40 million from operating income of ¥293 million in the same period of the previous year. Ordinary income and profit attributable to owners of the parent for the quarter also declined 97.0% and 96.3% year on year, respectively.

Worth reading
44Recurring
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-333.968
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales7,519¥ millionYear on year +5.6%Progress 24.6%
Operating profit-40¥ million
Ordinary income11¥ millionYear on year -97.0%Progress 0.6%
Net income attributable to owners of the parent9¥ millionYear on year -96.3%Progress 0.7%

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 share0.97
Financial position at period-end
Total assets78,581¥ million
of which net assets 59,767 ¥ millionEquity ratio 76.1%vs. prior year-end +1.0pt

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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥30,600 million (YoY +6.1%)
Operating profit¥300 million (YoY -65.4%)
Ordinary income¥1,900 million (YoY -34.0%)
Net income¥1,300 million (YoY -36.0%)
Annual Dividend Forecast¥32.00 → ¥32.00(0.0%)
Factors Behind Changes in Business Performance

Net sales increased due to a focus on core products and the normalization of product prices through price revisions. However, the company was unable to absorb the increase in manufacturing costs resulting from sluggish sales in the middle of the period and higher costs for raw rice, packaging materials and other items, resulting in an operating loss.

Disclosure regarding the going concern assumption

No applicable matters.

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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥18 thousand, Loss on Valuation of Investment Securities ¥371 thousand
Depreciation and amortization¥434,601 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person None
Issued Shares at Period-End11,990,000 Shares
Treasury Shares at Period-End1,731,313 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¥7,519 million (YoY +5.6%)
Operating profit¥-40 million
Ordinary income¥11 million (YoY -97.0%)
Profit attributable to owners of the parent¥9 million (YoY -96.3%)
Net income per share0.97
Equity ratioEnd of the current fiscal period 76.1 / End of previous period 75.1
Total assets¥78,581 million
Net assets¥59,767 million
Full-year earnings forecastNet Sales ¥30,600 million (YoY +6.1%) / Operating profit ¥300 million (YoY -65.4%) / Ordinary income ¥1,900 million (YoY -34.0%) / Net income ¥1,300 million (YoY -36.0%)
Annual Dividend Forecast¥32.00 → ¥32.00(0.0%)
Depreciation and amortization¥434,601 thousand
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥18 thousand, Loss on Valuation of Investment Securities ¥371 thousand
Disclosure regarding the going concern assumptionNo applicable matters.
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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person None
Issued Shares at Period-End11,990,000 Shares
Treasury Shares at Period-End1,731,313 Shares
Factors Behind Changes in Business PerformanceNet sales increased due to a focus on core products and the normalization of product prices through price revisions. However, the company was unable to absorb the increase in manufacturing costs resulting from sluggish sales in the middle of the period and higher costs for raw rice, packaging materials and other items, resulting in an operating loss.
Items this document does not state (14)
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 PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment lossMaterial 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.

In addition to sluggish sales in the middle of the period following Golden Week, manufacturing costs rose as a result of higher costs for raw rice procured at elevated prices, packaging materials, energy, labor and logistics, and the increase could not be fully absorbed by higher sales. The company worked to review its product mix, improve productivity through labor-saving equipment, focus on core products and revise prices, but the cost-reduction effect remained limited.

How to read this page

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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) | IWATSUKA CONFECTIONERY CO.,LTD. (2221) timely disclosure | Komori