Worth reading
49Recurring
Scored from 5 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
110
¥100 million (decrease in business profit from the initial plan)Wording
Conditional
How definitive the wording is.Contents of this document
Medium-Term Management Plan PresentationFiscal year ending March 2027 (full-year forecast)5 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥15,000 billion
Operating profit margin3.3 %
Full-year earnings forecast
Net Sales
¥15,000 billion
Business profit
¥500 billion
Business profit margin
3.3 %
ROE
6.7 %
ROIC
4.4 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Expected substantial shortfall against the Medium-Term Plan 2026 targetsNew initiatives
- Portfolio reform, including the restructuring and carve-out of low-profit and unprofitable areas
- Strengthening earnings governance and decision-making speed
- Developing systems for the introduction of an ERP system in the Meat Business Division in 2028
- Human resources and organisational reform, and strategic appointment of talent
- Global operations; meat and processed-food integration; creation of new R&D fields; integration of the SE business and food operations
Key KPIsA metric the company considers important as a management benchmark.
- Production line reduction rate16 % first half
- North American business production volume131 Year-on-year % first half
- TNF annual sales volume102 Expected year-on-year %
- Share of Australian branded beef64 % first half
- Schau Essen sales106 Year-on-year %
- Sakura Hime sales volume108 Year-on-year % first half
- New co-creation projects5 Engagements
Medium-term management plan targets
Final year of Medium-Term Plan 2026
Net Sales
¥15,000 billion
Business profit
¥610 billion
Business profit margin
4.1 %
ROE
7.2 %
ROIC
5.3 %
Financial targets
ROE
Target
7.2 %
Actual / Forecast
6.7 %
ROIC
Target
5.3 %
Actual / Forecast
4.4 %
| Item | Details |
|---|---|
| Document type | Medium-Term Management Plan Presentation |
| Fiscal Period Covered | Fiscal year ending March 2027 (full-year forecast) |
| Net Sales | ¥15,000 billion |
| Operating profit margin | 3.3 % |
| Full-year earnings forecast | Net Sales ¥15,000 billion / Business profit ¥500 billion / Business profit margin 3.3 % / ROE 6.7 % / ROIC 4.4 % |
| Self-assessment against the plan | Expected substantial shortfall against the Medium-Term Plan 2026 targets |
| Key KPIs | Indicator name Production line reduction rate / Value 16 % (first half) / Year on year against the same period last year Not disclosed, Indicator name North American business production volume / Value 131 Year-on-year % (first half) / Year on year against the same period last year Not disclosed, Indicator name TNF annual sales volume / Value 102 Expected year-on-year % / Year on year against the same period last year Not disclosed, Indicator name Share of Australian branded beef / Value 64 % (first half) / Year on year against the same period last year Not disclosed, Indicator name Schau Essen sales / Value 106 Year-on-year % / Year on year against the same period last year Not disclosed, Indicator name Sakura Hime sales volume / Value 108 Year-on-year % (first half) / Year on year against the same period last year Not disclosed, Indicator name New co-creation projects / Value 5 Engagements / Year on year against the same period last year Not disclosed |
| Medium-term management plan targets | Final year of Medium-Term Plan 2026 Net Sales ¥15,000 billion / Business profit ¥610 billion / Business profit margin 4.1 % / ROE 7.2 % / ROIC 5.3 % / Medium-Term Management Plan 2029 Not disclosed |
| Financial targets | ROE Target 7.2 % / Actual / Forecast 6.7 % / ROIC Target 5.3 % / Actual / Forecast 4.4 % |
| New initiatives | Portfolio reform, including the restructuring and carve-out of low-profit and unprofitable areas, Strengthening earnings governance and decision-making speed, Developing systems for the introduction of an ERP system in the Meat Business Division in 2028, Human resources and organisational reform, and strategic appointment of talent, Global operations; meat and processed-food integration; creation of new R&D fields; integration of the SE business and food operations |
Items this document does not state (21)
Operating profitOrdinary incomeNet incomeGross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders 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.The reasons cited include the inability to fully absorb inflation through existing businesses, reliance on the domestic market and existing businesses, and insufficient decision-making speed and earnings governance in response to rapid changes in the business environment.
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.