Worth reading
53Recurring
Scored from 5 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
-214
¥ million (operating loss)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales10,439million yenYear on year -4.8%Progress 21.5%
Operating profit-214million yen
Ordinary income-98million yen
Net income attributable to owners of the parent-54million yen
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-¥6.62
Financial position at period-end
Total assets30,649million yen
of which net assets 13,178 million yenEquity ratio 43.0%vs. prior year-end -5.1pt
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.
Segment revenueFood Business 5,024 million yen (YoY -5.7%), Feed business 5,413 million yen (YoY -4.0%)
Segment profitFood Business 141 million yen (YoY +36.6%), Feed business -81 million yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales48,500 million yen (YoY +6.4%)
Operating profit1,000 million yen (YoY -24.1%)
Ordinary income1,200 million yen (YoY -28.3%)
Profit attributable to owners of the parent1,200 million yen (YoY -5.9%)
Annual Dividend Forecast43 yen → 45 yen
Factors Behind Changes in Business Performance
Lower sales volumes of processed foods and meat, feed for yellowtail fry, and feed for overseas markets due to the focus on profitability. Deteriorating profit margins mainly due to higher raw material prices for compound feed, among other factors.
Disclosure regarding the going concern assumption
Not 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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 0 million yen / Extraordinary loss Loss on Disposal of Fixed Assets 0 million yen
Depreciation and amortization202 million yen
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End8,910,000
Treasury Shares at Period-End743,769
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | 10,439 million yen (YoY -4.8%) |
| Operating profit | -214 million yen |
| Ordinary income | -98 million yen |
| Profit attributable to owners of the parent | -54 million yen |
| Net income per share | -¥6.62 |
| Equity ratio | End of the current fiscal period 43 / End of previous period 48.1 |
| Total assets | 30,649 million yen |
| Net assets | 13,178 million yen |
| Full-year earnings forecast | Net Sales 48,500 million yen (YoY +6.4%) / Operating profit 1,000 million yen (YoY -24.1%) / Ordinary income 1,200 million yen (YoY -28.3%) / Profit attributable to owners of the parent 1,200 million yen (YoY -5.9%) |
| Annual Dividend Forecast | 43 yen → 45 yen |
| Segment revenue | Food Business 5,024 million yen (YoY -5.7%), Feed business 5,413 million yen (YoY -4.0%) |
| Segment profit | Food Business 141 million yen (YoY +36.6%), Feed business -81 million yen |
| Depreciation and amortization | 202 million yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 0 million yen / Extraordinary loss Loss on Disposal of Fixed Assets 0 million yen |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 8,910,000 |
| Treasury Shares at Period-End | 743,769 |
| Factors Behind Changes in Business Performance | Lower sales volumes of processed foods and meat, feed for yellowtail fry, and feed for overseas markets due to the focus on profitability. Deteriorating profit margins mainly due to higher raw material prices for compound feed, among other factors. |
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial 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.Net sales declined as sales volumes of processed foods and meat, feed for yellowtail fry, and feed for overseas markets fell due to the focus on profitability. An operating loss was recorded as profit margins deteriorated mainly because of higher raw material prices for compound feed.
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.