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Summary of Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP]

Interim-period revenue decreased 0.5% year on year, while the operating loss narrowed and interim net income attributable to owners of the parent turned profitable at ¥94 million. The full-year earnings forecast was revised, but the revised figures themselves are not stated in this financial results summary.

Worth reading
59In focus
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
94
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales11,722¥ millionYear on year -0.5%Progress 47.3%
Operating profit-352¥ million
Ordinary income-357¥ million
Net income attributable to owners of the parent94¥ million

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¥28.38
Financial position at period-end
Total assets12,774¥ million
of which net assets 2,594 ¥ millionEquity ratio 20.3%vs. prior year-end +0.7pt

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-653
Investment-380
Financials+208
Net change-825

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¥1,228 million
Segment revenueProcessed Foods Business ¥4,864 million (YoY -6.0%), Meat business ¥6,858 million (YoY +3.8%)
Segment profitProcessed Foods Business △0, Meat business ¥-77 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥24,800 million (YoY +4.4%)
Operating profit¥-470 million
Ordinary income¥-490 million
Profit attributable to owners of the parent¥40 million (YoY -87.4%)
Annual Dividend Forecast0 yen → 0 yen(0.0%)
Factors Behind Changes in Business Performance

Higher raw material prices, logistics costs and labor costs, intensifying market competition, and lower sales volumes following a review of product items. Meanwhile, price revisions, improved yields, fixed-cost reductions, and progress in strengthening procurement and sales in the meat business contributed to results, as did a ¥472 million gain on the sale of investment securities.

Disclosure regarding the going concern assumption

Material events and other matters are disclosed. The company cites 8 consecutive periods of operating losses and 4 consecutive periods of negative cash flow from operating activities, but has determined that no material uncertainty exists regarding the going concern assumption.

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew Number of companies 0 / Company name N/A / Excluded Number of companies 0 / Company name N/A
Impairment lossNone for the interim consolidated accounting period
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥472 million / Extraordinary loss None
Depreciation and amortization¥225 million
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNone
Issued Shares at Period-End3,400,000
Treasury Shares at Period-End63,487
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥11,722 million (YoY -0.5%)
Operating profit¥-352 million
Ordinary income¥-357 million
Profit attributable to owners of the parent¥94 million
Net income per share¥28.38
Equity ratioEnd of the current fiscal period 20.3 / End of previous period 19.6
Total assets¥12,774 million
Net assets¥2,594 million
Cash flows from operating activities¥-653 million
Cash flows from investing activities¥-380 million
Cash flows from financing activities¥208 million
Cash and cash equivalents at end of period¥1,228 million
Full-year earnings forecastNet Sales ¥24,800 million (YoY +4.4%) / Operating profit ¥-470 million / Ordinary income ¥-490 million / Profit attributable to owners of the parent ¥40 million (YoY -87.4%)
Annual Dividend Forecast0 yen → 0 yen(0.0%)
Segment revenueProcessed Foods Business ¥4,864 million (YoY -6.0%), Meat business ¥6,858 million (YoY +3.8%)
Segment profitProcessed Foods Business △0, Meat business ¥-77 million
Depreciation and amortization¥225 million
Impairment lossNone for the interim consolidated accounting period
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥472 million / Extraordinary loss None
Disclosure regarding the going concern assumptionMaterial events and other matters are disclosed. The company cites 8 consecutive periods of operating losses and 4 consecutive periods of negative cash flow from operating activities, but has determined that no material uncertainty exists regarding the going concern assumption.
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew Number of companies 0 / Company name N/A / Excluded Number of companies 0 / Company name N/A
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNone
Issued Shares at Period-End3,400,000
Treasury Shares at Period-End63,487
Factors Behind Changes in Business PerformanceHigher raw material prices, logistics costs and labor costs, intensifying market competition, and lower sales volumes following a review of product items. Meanwhile, price revisions, improved yields, fixed-cost reductions, and progress in strengthening procurement and sales in the meat business contributed to results, as did a ¥472 million gain on the sale of investment securities.
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial 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.

Higher raw material prices, logistics costs and labor costs, intensifying market competition, and lower sales volumes following a review of product items resulted in lower revenue and an operating loss. Meanwhile, price revisions, improved yields, fixed-cost reductions, and progress in strengthening procurement and sales in the meat business contributed to results, as did a ¥472 million gain on the sale of investment securities, which contributed to interim net income.

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 Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] | FUKUTOME MEAT PACKERS,LTD. (2291) timely disclosure | Komori