Komori
Earnings2288MARUDAI FOOD CO.,LTD.Food

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP, Consolidated)

In the first quarter, revenue exceeded the prior-year period, while operating income, ordinary income and net income all declined significantly. The full-year earnings forecast remains unchanged, and the annual dividend forecast has been raised to ¥80 from the previous fiscal year's actual dividend of ¥70.

Worth reading
45Recurring
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
-33.4
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales60,529¥ millionYear on year +1.9%Progress 24.7%
Operating profit1,340¥ millionYear on year -33.4%Progress 16.8%
Ordinary income1,389¥ millionYear on year -31.4%Progress 16.5%
Net income attributable to owners of the parent1,016¥ millionYear on year -28.5%Progress 15.9%

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¥42.16
Financial position at period-end
Total assets127,363¥ million
of which net assets 74,955 ¥ millionEquity ratio 58.2%vs. prior year-end -2.9pt

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-847
Investment-1,696
Financials+1,124
Net change-1,419

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¥8,376 million
Segment revenueProcessed Food Operations ¥40,240 million (YoY +0.7%), Meat business ¥20,259 million (YoY +4.5%), Other ¥29 million (YoY -9.5%)
Segment profitProcessed Food Operations ¥1,270 million (YoY -28.6%), Meat business ¥79 million (YoY -64.5%), Other ¥-9 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥245,000 million (YoY +2.8%)
Operating profit¥8,000 million (YoY +6.6%)
Ordinary income¥8,400 million (YoY +5.9%)
Net income¥6,400 million (YoY -34.6%)
Annual Dividend Forecast¥70.00 → ¥80.00
Factors Behind Changes in Business Performance

In processed foods, the main factors behind the decline in profit were lower sales volumes for certain products and higher costs including raw material prices. In the meat business, profit declined primarily because the Company was unable to fully pass on higher procurement costs resulting from soaring market prices. Revenue increased on expanded sales and solid demand for prepared processed foods, desserts and beverages, beef and pork, among other products.

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 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsThe Company acquired 36,800 shares of treasury stock from 1 July to 6 July 2026, for a total acquisition cost of ¥83,213,400. In addition, the Company resolved to dispose of 63,300 shares of restricted stock to be allocated to the employee stock ownership plan, for a total amount of ¥144,387,300. The payment date is 27 August 2026.
Impairment loss-
Breakdown of extraordinary income (loss)Gain on disposal of fixed assets ¥33 million, Losses on disposal of fixed assets ¥11 million
Depreciation and amortization¥1,188 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End26,505,581 shares
Treasury Shares at Period-End2,560,892 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥60,529 million (YoY +1.9%)
Operating profit¥1,340 million (YoY -33.4%)
Ordinary income¥1,389 million (YoY -31.4%)
Profit attributable to owners of the parent¥1,016 million (YoY -28.5%)
Net income per share¥42.16
Equity ratioEnd of the current fiscal period 58.2% / End of previous period 61.1%
Total assets¥127,363 million
Net assets¥74,955 million
Cash flows from operating activities¥-847 million
Cash flows from investing activities¥-1,696 million
Cash flows from financing activities¥1,124 million
Cash and cash equivalents at end of period¥8,376 million
Full-year earnings forecastNet Sales ¥245,000 million (YoY +2.8%) / Operating profit ¥8,000 million (YoY +6.6%) / Ordinary income ¥8,400 million (YoY +5.9%) / Net income ¥6,400 million (YoY -34.6%)
Annual Dividend Forecast¥70.00 → ¥80.00
Segment revenueProcessed Food Operations ¥40,240 million (YoY +0.7%), Meat business ¥20,259 million (YoY +4.5%), Other ¥29 million (YoY -9.5%)
Segment profitProcessed Food Operations ¥1,270 million (YoY -28.6%), Meat business ¥79 million (YoY -64.5%), Other ¥-9 million
Depreciation and amortization¥1,188 million
Impairment loss-
Breakdown of extraordinary income (loss)Gain on disposal of fixed assets ¥33 million, Losses on disposal of fixed assets ¥11 million
Disclosure regarding the going concern assumptionNot 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 companies / Excluded 0 companies / Company name None
Material subsequent eventsThe Company acquired 36,800 shares of treasury stock from 1 July to 6 July 2026, for a total acquisition cost of ¥83,213,400. In addition, the Company resolved to dispose of 63,300 shares of restricted stock to be allocated to the employee stock ownership plan, for a total amount of ¥144,387,300. The payment date is 27 August 2026.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End26,505,581 shares
Treasury Shares at Period-End2,560,892 shares
Factors Behind Changes in Business PerformanceIn processed foods, the main factors behind the decline in profit were lower sales volumes for certain products and higher costs including raw material prices. In the meat business, profit declined primarily because the Company was unable to fully pass on higher procurement costs resulting from soaring market prices. Revenue increased on expanded sales and solid demand for prepared processed foods, desserts and beverages, beef and pork, among other products.
Items this document does not state (6)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlog

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 decline in profit was attributed to lower sales volumes for certain products due to consumers' cost-conscious behavior amid rising prices and price competition, higher costs including raw material prices, and the inability to fully pass on increased procurement costs resulting from soaring meat prices.

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.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP, Consolidated) | MARUDAI FOOD CO.,LTD. (2288) timely disclosure | Komori