Earnings Presentation Materials — Fourth Quarter of the Fiscal Year Ending March 2026 | NH Foods Ltd. (2282) timely disclosure

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Direction

Mixed performance

Direction inferred from the company’s description.

Scale

683

¥100 million (business profit for the fiscal year ended March 2026)

Wording

Conditional

How definitive the wording is.

Contents of this document

Earnings presentationFourth quarter (full year) of the fiscal year ended March 20269 items taken from the company’s own explanation

Financial Results Figures (The key points of this material are explained below)

Net Sales¥1,457,391 million+6.3%

Operating profit¥57,600 million+60.3%

Ordinary income¥54,545 million+46.6%

Net income¥35,066 million+31.9%

Gross Profit Margin17.2%

Selling, general and administrative expenses¥192,984 million

Full-year earnings forecast

Net Sales

¥1,500,000 million

Cost of sales

¥1,245,000 million

Gross profit

¥255,000 million

Operating profit

¥58,000 million

Profit before tax

¥55,000 million

Profit for the period attributable to owners of the parent

¥38,000 million

Business profit

¥61,000 million

What the company explained in this material

Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.

Year-on-year change in business profit for the fiscal year ended March 2026

Processed Foods Business Division-29

Meat Business Division273

Ballpark business21

Eliminations, adjustments and other items-7

Processed Foods Business Division

External Environment-7

Internal improvements13

Dairy products, seafood, extracts, primary processed products and other items1

Other-4

One-time costs-17

Overseas expansion-16

Meat Business Division

External Environment113

Expenses-69

Internal improvements150

Other-3

Australia123

Other overseas-28

Impact of the fire-13

Year-on-year change in planned business profit for the fiscal year ending March 2027

Processed Foods Business Division48

Meat Business Division-113

Sports and Entertainment Business Division-9

Eliminations, adjustments and other items0

Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.

¥50 million
DetailsGroup-wide cost increases resulting from the situation in the Middle East
2,028 Year
DetailsOpening of a new station in 2028
700 10,000 people
DetailsFY2029/3 attendance target

New initiatives

From FY2027/3, the ballpark business will be reorganized under the Sports and Entertainment Business Division
Installation of a large-scale LED ribbon display inside the stadium
Launch of the new activity “ES CON FIELD SKY WALK”
Development of surrounding facilities ahead of the opening of a new station in 2028
Expansion investment in feedlots in the Australian business
Strengthening domestic sales in Thailand using CPF’s distribution network

Key KPIsA metric the company considers important as a management benchmark.

ROE6.6 %
Year on year against the same period last year+1.5 percentage points
ROIC6.1 %
Year on year against the same period last year+2.2 percentage points
EPS¥361.13
Year on year against the same period last year+¥98.08
Attendance at Hokkaido Ballpark F Village466 10,000 people
Year on year against the same period last yearup from 4.32 million people
Attendance at professional baseball games227 10,000 people
Year on year against the same period last yearup from 2.08 million people

Unit price and quantity metricsThese figures show sales broken down by price and volume.

Sales volume and value of domestic and imported meat (beef)Volume 94%; value 99% (total)
Sales volume and value of domestic and imported meat (pork)Volume 101%; value 102% (total)
Sales volume and value of domestic and imported meat (chicken)Volume 100%; value 117% (total)
Volume growth across the food sales group100 Year-on-year %

Segment results

Processed Foods Business Division

Net Sales

¥5,303 million-0.6%

Business profit

¥72 million-28.6%

Meat Business Division

Net Sales

¥10,341 million+8.1%

Business profit

¥613 million+80.5%

Ballpark business

Net Sales

¥310 million+15.0%

Business profit

¥54 million+61.9%

Eliminations, adjustments and other items

Net Sales

¥-1,381 million

Business profit

¥-56 million

Financial targets

Debt-to-equity ratio

Actual results0.43 times

ROE

Actual results6.6 %

ROIC

Actual results6.1 %

Capital expenditures

¥33,348 million FY2026/3 actual) / ¥60000 million (FY2027/3 plan

Acquisition of treasury shares

Acquisition amount¥300 million

Contents of this document
Item	Details
Document type	Earnings presentation
Fiscal Period Covered	Fourth quarter (full year) of the fiscal year ended March 2026
Net Sales	¥1,457,391 million (YoY +6.3%)
Operating profit	¥57,600 million (YoY +60.3%)
Ordinary income	¥54,545 million (YoY +46.6%)
Net income	¥35,066 million (YoY +31.9%)
Gross Profit Margin	17.2%
Selling, general and administrative expenses	¥192,984 million
Full-year earnings forecast	Net Sales ¥1,500,000 million / Cost of sales ¥1,245,000 million / Gross profit ¥255,000 million / Operating profit ¥58,000 million / Profit before tax ¥55,000 million / Profit for the period attributable to owners of the parent ¥38,000 million / Business profit ¥61,000 million
Segment results	Processed Foods Business Division Net Sales ¥5,303 million (YoY -0.6%) / Business profit ¥72 million (YoY -28.6%) / Meat Business Division Net Sales ¥10,341 million (YoY +8.1%) / Business profit ¥613 million (YoY +80.5%) / Ballpark business Net Sales ¥310 million (YoY +15.0%) / Business profit ¥54 million (YoY +61.9%) / Eliminations, adjustments and other items Net Sales ¥-1,381 million / Business profit ¥-56 million
Breakdown of Factors Affecting the Change	Year-on-year change in business profit for the fiscal year ended March 2026 Processed Foods Business Division -29 / Meat Business Division 273 / Ballpark business 21 / Eliminations, adjustments and other items -7 / Processed Foods Business Division External Environment -7 / Internal improvements 13 / Dairy products, seafood, extracts, primary processed products and other items 1 / Other -4 / One-time costs -17 / Overseas expansion -16 / Meat Business Division External Environment 113 / Expenses -69 / Internal improvements 150 / Other -3 / Australia 123 / Other overseas -28 / Impact of the fire -13 / Year-on-year change in planned business profit for the fiscal year ending March 2027 Processed Foods Business Division 48 / Meat Business Division -113 / Sports and Entertainment Business Division -9 / Eliminations, adjustments and other items 0
Key KPIs	Indicator name ROE / Value 6.6 % / Year on year against the same period last year +1.5 percentage points, Indicator name ROIC / Value 6.1 % / Year on year against the same period last year +2.2 percentage points, Indicator name EPS / Value ¥361.13 / Year on year against the same period last year +¥98.08, Indicator name Attendance at Hokkaido Ballpark F Village / Value 466 10,000 people / Year on year against the same period last year up from 4.32 million people, Indicator name Attendance at professional baseball games / Value 227 10,000 people / Year on year against the same period last year up from 2.08 million people
Unit price and quantity metrics	Indicator name Sales volume and value of domestic and imported meat (beef) / Value Volume 94%; value 99% (total), Indicator name Sales volume and value of domestic and imported meat (pork) / Value Volume 101%; value 102% (total), Indicator name Sales volume and value of domestic and imported meat (chicken) / Value Volume 100%; value 117% (total), Indicator name Volume growth across the food sales group / Value 100 Year-on-year %
Assumptions Underlying the Business Outlook	Details Group-wide cost increases resulting from the situation in the Middle East / Value ¥50 million, Details Opening of a new station in 2028 / Value 2,028 Year, Details FY2029/3 attendance target / Value 700 10,000 people
Financial targets	Debt-to-equity ratio Actual results 0.43 times / Target Not disclosed / ROE Actual results 6.6 % / Target Not disclosed / ROIC Actual results 6.1 % / Target Not disclosed
Acquisition of treasury shares	Acquisition amount ¥300 million / Period Not disclosed / Number of Shares Not disclosed
Capital expenditures	¥33,348 million (FY2026/3 actual) / ¥60000 million (FY2027/3 plan)
New initiatives	From FY2027/3, the ballpark business will be reorganized under the Sports and Entertainment Business Division, Installation of a large-scale LED ribbon display inside the stadium, Launch of the new activity “ES CON FIELD SKY WALK”, Development of surrounding facilities ahead of the opening of a new station in 2028, Expansion investment in feedlots in the Australian business, Strengthening domestic sales in Thailand using CPF’s distribution network

Items this document does not state (13)

Operating profit marginResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioOrders received and order backlogMarket Size / ShareKey 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.

For the fiscal year ended March 2026, higher selling prices for Australian beef and domestically produced chicken, higher market prices for domestically produced chicken, increased demand for Australian beef, inventory controls for imported meat, price pass-through, and events held at the ballpark contributed to higher revenue and profit. For the fiscal year ending March 2027, top-line growth is expected in the processed foods business, while higher procurement prices for Australian beef in the meat business, cost increases resulting from the situation in the Middle East, and costs related to the opening of a new station for the sports and entertainment business are also anticipated.

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