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Revision of earnings forecasts2288MARUDAI FOOD CO.,LTD.Food

Notice Regarding Revisions to Earnings Forecasts

The consolidated earnings forecasts for the second quarter (interim period) of the fiscal year ending March 2027 have been revised downward for all four items: net sales, operating profit, ordinary profit and interim net income. The full-year forecast is currently under review, including the progress of price revisions, and is scheduled to be announced again on 9 November.

Worth reading
83Important
Scored from 4 of 5 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-66.3
% (operating profit)
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Second quarter (interim period)Previous forecast published 14 May 2026
Net Sales123,000→121,700million
-1.1%
Operating profit4,300→1,450million
-66.3%
Ordinary income4,500→1,700million
-62.2%
Profit attributable to owners of the parent3,200→1,500million yen (interim net income)
-53.1%
Net income per share133.16→62.43yen and sen
-53.1%

The 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.

Reason for the revision

Although sales in the meat business were in line with expectations, sales of processed foods, mainly ham and sausages, fell below expectations. Various costs, including raw material costs, were slightly higher than expected, while the progress of price revisions was also slower than initially expected, delaying the realization of their effects. Sales volumes also declined in some categories. The factors behind the decline in operating profit were ¥1.4 billion from unit prices, ¥900 million from volume and product mix, and ¥550 million from other factors.

Previous-period resultsNet sales: ¥120,290 million; operating profit: ¥4,210 million; ordinary profit: ¥4,442 million; interim net income attributable to owners of the parent: ¥3,194 million; interim earnings per share: ¥130.48 (second quarter of the fiscal year ended March 2026)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥123,000 million → ¥121,700 million(-1.1%)
Operating profit¥4,300 million → ¥1,450 million(-66.3%)
Ordinary income¥4,500 million → ¥1,700 million(-62.2%)
Profit attributable to owners of the parent3,200 million yen (interim net income) → 1,500 million yen (interim net income)(-53.1%)
Net income per share133.16 yen and sen → 62.43 yen and sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSecond quarter (interim period)
Publication date of previous forecast14 May 2026
Previous-period resultsNet sales: ¥120,290 million; operating profit: ¥4,210 million; ordinary profit: ¥4,442 million; interim net income attributable to owners of the parent: ¥3,194 million; interim earnings per share: ¥130.48 (second quarter of the fiscal year ended March 2026)
Reason for the revisionAlthough sales in the meat business were in line with expectations, sales of processed foods, mainly ham and sausages, fell below expectations. Various costs, including raw material costs, were slightly higher than expected, while the progress of price revisions was also slower than initially expected, delaying the realization of their effects. Sales volumes also declined in some categories. The factors behind the decline in operating profit were ¥1.4 billion from unit prices, ¥900 million from volume and product mix, and ¥550 million from other factors.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

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.

Sales of processed foods, particularly ham and sausages, fell below expectations; costs such as raw material costs exceeded expectations; the progress of price revisions was slower than initially expected, delaying the realization of their effects; and sales volumes declined in some categories.

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.
Notice Regarding Revisions to Earnings Forecasts | MARUDAI FOOD CO.,LTD. (2288) timely disclosure | Komori