Komori
Earnings2282NH Foods Ltd.Foods

Summary of Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [IFRS]

For the interim period, revenue increased 6.5% due to solid domestic sales volumes and pricing, while business profit declined 20.7% due to deteriorating sales conditions for Australian beef and higher raw material prices. The full-year earnings and dividend forecasts were revised, with the full-year business profit forecast set at ¥50 billion and the annual dividend forecast at ¥60.

Worth reading
57In 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
20.7
% (year-on-year decrease in business profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedIFRS
Net Sales769,358¥ millionYear on year +6.5%Progress 51.3%
Operating profit28,806¥ millionYear on year -20.7%Progress 57.6%
Ordinary income30,832¥ millionYear on year -19.4%Progress 59.3%
Net income attributable to owners of the parent17,394¥ millionYear on year -25.0%Progress 49.7%

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 share¥62.26
Financial position at period-end
Total assets1,023,011¥ million
of which net assets 534,385 ¥ millionEquity ratio 50.5%vs. prior year-end -3.3pt

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-9,762
Investment-20,257
Financials+15,023
Net change-14,996

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¥53,852 million
Segment revenue
Processed Foods Business Division270,38631.9%+4.7%
Meat Business Division551,88665.1%+8.9%
Sports and Entertainment Business Division25,1673.0%+10.6%
Segment profit
Processed Foods Business Division1,3424.3%-40.1%
Meat Business Division20,27064.9%-26.8%
Sports and Entertainment Business Division9,62330.8%+14.6%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,500,000 million (YoY +2.9%)
Operating profit¥50,000 million (YoY -26.8%)
Ordinary income¥52,000 million (YoY -4.7%)
Net income¥35,000 million (YoY -0.2%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥1,500,000 million / Operating profit Not disclosed → ¥50,000 million / Ordinary income Not disclosed → ¥52,000 million / Net income Not disclosed → ¥35,000 million
Annual Dividend Forecast¥160 → ¥60(-62.5%)
Factors Behind Changes in Business Performance

Revenue increased due to solid domestic sales volumes in the meat business, appropriate pricing in response to fluctuations in procurement prices, and a recovery in sales at overseas subsidiaries in the processed foods business, while business profit declined due to deteriorating sales conditions for Australian beef, higher raw material prices, and increased expenses including logistics costs.

Disclosure regarding the going concern assumption

None applicable

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 0 / Excluded 0 / Company name None
Impairment loss¥50 million
Depreciation and amortization¥22,156 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (briefing for analysts and institutional investors)
Issued Shares at Period-End282,735,000 Shares
Treasury Shares at Period-End10,769,601 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsIFRS
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥769,358 million (YoY +6.5%)
Operating profit¥28,806 million (YoY -20.7%)
Ordinary income¥30,832 million (YoY -19.4%)
Profit attributable to owners of the parent¥17,394 million (YoY -25.0%)
Net income per share¥62.26
Equity ratioEnd of the current fiscal period 50.5 / End of previous period 53.8
Total assets¥1,023,011 million
Net assets¥534,385 million
Cash flows from operating activities¥-9,762 million
Cash flows from investing activities¥-20,257 million
Cash flows from financing activities¥15,023 million
Cash and cash equivalents at end of period¥53,852 million
Full-year earnings forecastNet Sales ¥1,500,000 million (YoY +2.9%) / Operating profit ¥50,000 million (YoY -26.8%) / Ordinary income ¥52,000 million (YoY -4.7%) / Net income ¥35,000 million (YoY -0.2%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥1,500,000 million / Operating profit Not disclosed → ¥50,000 million / Ordinary income Not disclosed → ¥52,000 million / Net income Not disclosed → ¥35,000 million
Annual Dividend Forecast¥160 → ¥60(-62.5%)
Segment revenueProcessed Foods Business Division ¥270,386 million (YoY +4.7%) / Meat Business Division ¥551,886 million (YoY +8.9%) / Sports and Entertainment Business Division ¥25,167 million (YoY +10.6%)
Segment profitProcessed Foods Business Division ¥1,342 million (YoY -40.1%) / Meat Business Division ¥20,270 million (YoY -26.8%) / Sports and Entertainment Business Division ¥9,623 million (YoY +14.6%)
Depreciation and amortization¥22,156 million
Impairment loss¥50 million
Disclosure regarding the going concern assumptionNone applicable
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 0 / Excluded 0 / Company name None
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (briefing for analysts and institutional investors)
Issued Shares at Period-End282,735,000 Shares
Treasury Shares at Period-End10,769,601 Shares
Factors Behind Changes in Business PerformanceRevenue increased due to solid domestic sales volumes in the meat business, appropriate pricing in response to fluctuations in procurement prices, and a recovery in sales at overseas subsidiaries in the processed foods business, while business profit declined due to deteriorating sales conditions for Australian beef, higher raw material prices, and increased expenses including logistics costs.
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogBreakdown 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 due to solid domestic sales volumes in the meat business, appropriate pricing in response to fluctuations in procurement prices, and a recovery in sales at overseas subsidiaries in the processed foods business. Business profit was affected by deteriorating sales conditions for Australian beef in the meat business and higher raw material prices in the processed foods business.

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 Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [IFRS] | NH Foods Ltd. (2282) timely disclosure | Komori