Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 8 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
The forecast is below the previous forecast because the company is facing company-wide cost increases resulting from the situation in the Middle East, while manufacturing costs are expected to rise in the processed foods business and livestock prices and feed prices in Australia are expected to increase in the meat business. Although insurance proceeds were received in connection with a fire at a consolidated subsidiary, profit before tax and profit attributable to owners of the parent are expected to fall short due to factors including the decline in business profit.
| Item | Details |
|---|---|
| Net Sales | ¥1,500,000 million → ¥1,500,000 million（0.0%） |
| Operating profit | ¥61,000 million → ¥50,000 million（-18.0%） |
| Profit attributable to owners of the parent | ¥38,000 million → ¥35,000 million（-7.9%） |
| Net income per share | ¥134.56 → ¥128.69 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 8 May 2026 |
| Previous-period results | Revenue ¥1,457,391 million, business profit ¥68,342 million, profit before tax ¥54,545 million, profit attributable to owners of the parent ¥35,066 million, basic earnings per share ¥120.38 |
| Reason for the revision | The forecast is below the previous forecast because the company is facing company-wide cost increases resulting from the situation in the Middle East, while manufacturing costs are expected to rise in the processed foods business and livestock prices and feed prices in Australia are expected to increase in the meat business. Although insurance proceeds were received in connection with a fire at a consolidated subsidiary, profit before tax and profit attributable to owners of the parent are expected to fall short due to factors including the decline in business profit. |
| Dividend forecast revision | The year-end dividend forecast changed from ¥180.00 to ¥60.00. The pre-split equivalent is ¥180.00, so there is no substantive change in the dividend forecast after taking the stock split into account. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
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 company-wide cost increases resulting from the situation in the Middle East, manufacturing costs are expected to rise in the processed foods business, while livestock prices and feed prices in Australia are expected to increase in the meat business, so the business profit forecast was revised downward. Although insurance proceeds were received in connection with a fire at a consolidated subsidiary, profit before tax and profit attributable to owners of the parent were revised downward due to factors including the decline in business profit. The change in the dividend forecast is a presentation change resulting from the stock split.