Worth reading
55In 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
-18.4
Operating profit year-on-year (%)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales486,425¥ millionYear on year -2.7%Progress 92.3%
Operating profit45,185¥ millionYear on year -18.4%Progress 102.7%
Ordinary income61,084¥ millionYear on year -19.5%Progress 106.2%
Net income attributable to owners of the parent44,228¥ millionYear on year -2.9%Progress 95.1%
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¥150.72
Operating Margin9.3%
Financial position at period-end
Total assets912,578¥ million
of which net assets 654,321 ¥ millionEquity ratio 66.4%vs. prior year-end 0.0pt
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.
Cash inflows and outflows
Operating+52,121
Investment-39,008
Financials-44,696
Net change-31,583
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥165,042 million
Segment revenueBeverage and food manufacturing and sales business (Japan) ¥229,604 million (YoY -5.5%), Beverage and food manufacturing and sales business (Americas) ¥91,120 million (YoY -0.8%), Beverage and food manufacturing and sales business (Asia and Oceania) ¥136,209 million (YoY +1.0%), Beverage and food manufacturing and sales business (Europe) ¥12,694 million (YoY +4.7%), Other Businesses ¥28,412 million (YoY -3.4%)
Segment profitBeverage and food manufacturing and sales business (Japan) ¥27,668 million, Beverage and food manufacturing and sales business (Americas) ¥23,798 million, Beverage and food manufacturing and sales business (Asia and Oceania) ¥12,611 million, Beverage and food manufacturing and sales business (Europe) ¥-91 million, Other Businesses ¥1,323 million
Regional sales¥229,604 million (YoY -5.5%), ¥91,120 million (YoY -0.8%), ¥136,209 million (YoY +1.0%), ¥12,694 million (YoY +4.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥527,000 million (YoY +8.3%)
Operating profit¥44,000 million (YoY -2.6%)
Ordinary income¥57,500 million (YoY -5.9%)
Net income¥46,500 million (YoY +5.1%)
Annual Dividend Forecast¥70 per share → ¥72 per share（+2.9%）
Payout ratio41.3%
Shareholder Return PolicyAiming for a total payout ratio of approximately 70% and continued dividend increases based on a progressive dividend policy
Factors Behind Changes in Business Performance
Sales of dairy products and soft drinks in Japan fell below the previous year amid challenging market conditions, including the emergence of competing products and rising prices. The company revised prices in response to higher raw material, logistics and fuel costs, while performance was strong in China, Vietnam and the United States due to sales promotions and an increase in the number of stores with which the company does business.
Disclosure regarding the going concern assumption
None. The notes regarding the going concern assumption state, “There are 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 No applicable matters / Excluded Number of companies 0 / Company name No applicable matters
Material subsequent eventsAt a meeting of the Board of Directors held on 12 May 2026, the company resolved to acquire up to 26,500,000 shares of treasury stock for a total acquisition price of up to ¥55 billion and cancel all shares acquired. The acquisition period is from 19 June 2026 to 16 March 2027.
Impairment loss¥852 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥339 million, Gain on sale of investment securities ¥8,979 million, Other ¥1,030 million / Extraordinary loss Loss on sale of fixed assets ¥54 million, Loss on Disposal of Fixed Assets ¥396 million, Impairment Losses ¥852 million, Other ¥186 million
Depreciation and amortization¥28,809 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End308,285,236
Treasury Shares at Period-End16,180,948
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥486,425 million (YoY -2.7%) |
| Operating profit | ¥45,185 million (YoY -18.4%) |
| Ordinary income | ¥61,084 million (YoY -19.5%) |
| Profit attributable to owners of the parent | ¥44,228 million (YoY -2.9%) |
| Net income per share | ¥150.72 |
| Operating Margin | 9.3% |
| Equity ratio | End of the current fiscal period 66.4% / End of previous period 66.4% |
| Total assets | ¥912,578 million |
| Net assets | ¥654,321 million |
| Cash flows from operating activities | ¥52,121 million |
| Cash flows from investing activities | ¥-39,008 million |
| Cash flows from financing activities | ¥-44,696 million |
| Cash and cash equivalents at end of period | ¥165,042 million |
| Full-year earnings forecast | Net Sales ¥527,000 million (YoY +8.3%) / Operating profit ¥44,000 million (YoY -2.6%) / Ordinary income ¥57,500 million (YoY -5.9%) / Net income ¥46,500 million (YoY +5.1%) |
| Annual Dividend Forecast | ¥70 per share → ¥72 per share（+2.9%） |
| Payout ratio | 41.3% |
| Shareholder Return Policy | Aiming for a total payout ratio of approximately 70% and continued dividend increases based on a progressive dividend policy |
| Segment revenue | Beverage and food manufacturing and sales business (Japan) ¥229,604 million (YoY -5.5%), Beverage and food manufacturing and sales business (Americas) ¥91,120 million (YoY -0.8%), Beverage and food manufacturing and sales business (Asia and Oceania) ¥136,209 million (YoY +1.0%), Beverage and food manufacturing and sales business (Europe) ¥12,694 million (YoY +4.7%), Other Businesses ¥28,412 million (YoY -3.4%) |
| Segment profit | Beverage and food manufacturing and sales business (Japan) ¥27,668 million, Beverage and food manufacturing and sales business (Americas) ¥23,798 million, Beverage and food manufacturing and sales business (Asia and Oceania) ¥12,611 million, Beverage and food manufacturing and sales business (Europe) ¥-91 million, Other Businesses ¥1,323 million |
| Regional sales | ¥229,604 million (YoY -5.5%), ¥91,120 million (YoY -0.8%), ¥136,209 million (YoY +1.0%), ¥12,694 million (YoY +4.7%) |
| Depreciation and amortization | ¥28,809 million |
| Impairment loss | ¥852 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥339 million, Gain on sale of investment securities ¥8,979 million, Other ¥1,030 million / Extraordinary loss Loss on sale of fixed assets ¥54 million, Loss on Disposal of Fixed Assets ¥396 million, Impairment Losses ¥852 million, Other ¥186 million |
| Disclosure regarding the going concern assumption | None. The notes regarding the going concern assumption state, “There are 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 Number of companies 0 / Company name No applicable matters / Excluded Number of companies 0 / Company name No applicable matters |
| Material subsequent events | At a meeting of the Board of Directors held on 12 May 2026, the company resolved to acquire up to 26,500,000 shares of treasury stock for a total acquisition price of up to ¥55 billion and cancel all shares acquired. The acquisition period is from 19 June 2026 to 16 March 2027. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 308,285,236 |
| Treasury Shares at Period-End | 16,180,948 |
| Factors Behind Changes in Business Performance | Sales of dairy products and soft drinks in Japan fell below the previous year amid challenging market conditions, including the emergence of competing products and rising prices. The company revised prices in response to higher raw material, logistics and fuel costs, while performance was strong in China, Vietnam and the United States due to sales promotions and an increase in the number of stores with which the company does business. |
Items this document does not state (2)
Revision to Earnings ForecastOrders received and order backlog
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.Sales of dairy products and soft drinks in Japan fell below the previous year amid challenging market conditions, including the emergence of competing products and rising prices. The company also revised the prices of some products in response to higher raw material, logistics and fuel costs. Overseas, some regions, including China, Vietnam and the United States, performed well due to sales promotions and an increase in the number of stores with which the company does business.
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.