Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPThe 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.
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.
Raw material, logistics and labor costs remained elevated, consumers continued to favor lower-priced products, and price competition intensified. The Processed Foods business recorded lower net sales following reductions in low-margin product lines and other measures, but profit increased through cost reductions, yield improvements, productivity gains and fixed-cost reductions. The Meat business recorded lower profit because the increase in procurement costs could not be fully passed on through delivery prices.
Disclosure of material events or conditions: The company cites operating losses for 8 consecutive fiscal years, negative cash flow from operating activities for 4 consecutive fiscal years, and an operating loss in the current first quarter. However, it states that it has secured sufficient financial resources and that no material uncertainty regarding the going-concern assumption has been identified. No matters requiring disclosure are applicable in the notes on the going-concern assumption.
| 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 | ¥5,824 million (YoY -1.1%) |
| Operating profit | ¥-158 million |
| Ordinary income | ¥-144 million |
| Profit attributable to owners of the parent | ¥-150 million |
| Net income per share | (¥45.18) |
| Equity ratio | End of the current fiscal period 19.3 / End of previous period 19.6 |
| Total assets | ¥12,707 million |
| Net assets | ¥2,455 million |
| Full-year earnings forecast | Net Sales ¥25,600 million (YoY +7.8%) / Operating profit ¥160 million / Ordinary income ¥140 million / Net income ¥140 million (YoY -55.9%) |
| Annual Dividend Forecast | 0 yen and sen → 0 yen and sen |
| Segment revenue | Processed Food Operations ¥2,360 million (YoY -7.3%) / Meat business ¥3,463 million (YoY +3.6%) |
| Segment profit | Processed Food Operations ¥54 million / Meat business ¥-75 million |
| Depreciation and amortization | ¥110 million |
| Breakdown of extraordinary income (loss) | Current period: no extraordinary income or extraordinary loss. Prior-year period: ¥292 million gain from the waiver of directors’ retirement benefits. |
| Disclosure regarding the going concern assumption | Disclosure of material events or conditions: The company cites operating losses for 8 consecutive fiscal years, negative cash flow from operating activities for 4 consecutive fiscal years, and an operating loss in the current first quarter. However, it states that it has secured sufficient financial resources and that no material uncertainty regarding the going-concern assumption has been identified. No matters requiring disclosure are applicable in the notes on the going-concern assumption. |
| 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 | Additions: 0 companies; exclusions: 0 companies. |
| Material subsequent events | At a meeting of the Board of Directors held on 12 August 2026, the company resolved to sell 2 listed shares between August and September 2026 to improve capital efficiency by reviewing its cross-shareholdings. The company expects to record an approximately ¥430 million gain on the sale of investment securities in the second quarter of the fiscal year ending March 2027. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No (no target participants specified) |
| Issued Shares at Period-End | 3,400,000 |
| Treasury Shares at Period-End | 63,407 |
| Factors Behind Changes in Business Performance | Raw material, logistics and labor costs remained elevated, consumers continued to favor lower-priced products, and price competition intensified. The Processed Foods business recorded lower net sales following reductions in low-margin product lines and other measures, but profit increased through cost reductions, yield improvements, productivity gains and fixed-cost reductions. The Meat business recorded lower profit because the increase in procurement costs could not be fully passed on through delivery prices. |
Items this document does not state (11)
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.Raw material prices, logistics costs and labor costs remained elevated, while consumers continued to favor lower-priced products and price competition intensified. In the Processed Foods business, net sales declined due in part to reductions in low-margin product lines, while profit improved through cost reductions, higher yield, productivity improvements and fixed-cost reductions. In the Meat business, the increase in procurement costs could not be fully passed on to customers through delivery prices, resulting in a larger loss.