Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 14 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.
In the meat business, sales value is expected to remain firm due to higher unit prices resulting from high market prices, while revenue in the processed foods business is expected to fall below the previous forecast due to delays in price revisions and declines in sales volumes in some categories. Factors affecting profit include the time required for the effects of price revisions to emerge, lower-than-expected revenue in the processed foods business, first-half results coming in ¥2.8 billion below the initial forecast, ¥600 million in higher costs in the second half, and a ¥700 million decline in profit due to unit-price factors.
| Item | Details |
|---|---|
| Net Sales | 245,000 million yen → 243,000 million yen(-0.8%) |
| Operating profit | 8,000 million yen → 4,000 million yen(-50.0%) |
| Ordinary income | 8,400 million yen → 4,400 million yen(-47.6%) |
| Profit attributable to owners of the parent | 6,400 million yen → 4,400 million yen(-31.3%) |
| Net income per share | ¥266.8 yen → ¥183.34 yen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 May 2026 |
| Previous-period results | Fiscal year ended March 2026: Revenue ¥238,396 million, operating profit ¥7,504 million, ordinary profit ¥7,932 million, net income attributable to owners of the parent ¥9,786 million, basic earnings per share ¥399.89 |
| Reason for the revision | In the meat business, sales value is expected to remain firm due to higher unit prices resulting from high market prices, while revenue in the processed foods business is expected to fall below the previous forecast due to delays in price revisions and declines in sales volumes in some categories. Factors affecting profit include the time required for the effects of price revisions to emerge, lower-than-expected revenue in the processed foods business, first-half results coming in ¥2.8 billion below the initial forecast, ¥600 million in higher costs in the second half, and a ¥700 million decline in profit due to unit-price factors. |
| Dividend forecast revision | No revision |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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.Progress on price revisions in the processed foods business has been slow, and sales volumes in some categories, including ham and sausages, have declined. In addition, first-half results were below the initial forecast, while higher costs and lower profit due to unit-price factors in the second half will weigh on profit. Although extraordinary gains from the partial sale of investment securities are expected, net income will also be revised downward due to declines in operating profit and ordinary profit.