Komori
Earnings2292S Foods Inc.Food

Financial Results for the First Quarter of the Fiscal Year Ending February 2027 [Japanese GAAP] (Consolidated)

In Q1 FY2027, net sales rose 8.6% year on year and operating profit increased 55.1%, while net income attributable to owners of the parent declined 0.9%. The full-year earnings forecast and dividend forecast remain unchanged.

Worth reading
46Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
55.1
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 March 2026–31 May 2026ConsolidatedJapanese GAAP
Net Sales123,602million yenYear on year +8.6%Progress 24.7%
Operating profit2,827million yenYear on year +55.1%Progress 28.3%
Ordinary income3,191million yenYear on year +66.5%Progress 29.0%
Net income attributable to owners of the parent2,059million yenYear on year -0.9%Progress 31.7%

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 share65.03
Financial position at period-end
Total assets255,995million yen
of which net assets 139,408 million yenEquity ratio 51.1%vs. prior year-end -1.4pt

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.

Segment revenueMeat and Other Products Manufacturing and Wholesale Business 114,691 million yen (YoY +9.1%), Meat and Other Products Retail Business 6,147 million yen (YoY +0.2%), Meat and Other Products Food Service Business 2,534 million yen (YoY +7.9%)
Segment profitMeat and Other Products Manufacturing and Wholesale Business 2,606 million yen (YoY +55.4%), Meat and Other Products Retail Business 370 million yen (YoY +5.0%), Meat and Other Products Food Service Business 163 million yen (YoY +38.3%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales500,000 million yen (YoY +5.9%)
Operating profit10,000 million yen (YoY -4.5%)
Ordinary income11,000 million yen (YoY -6.2%)
Net income6,500 million yen (YoY -29.6%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast104.00 yen → 110.00 yen(5.8%)
Factors Behind Changes in Business Performance

The company cited upfront investments in its overseas business, strengthened sales capabilities in Japan and improved operating efficiency in its manufacturing and wholesale business. In its retail business, it cited the launch of newly opened and renovated stores, event-based consultative selling, the introduction of consultative products and the development of new products. In its food service business, it cited contributions from inbound demand and demand for large parties, menu revisions, the reallocation of human resources and expense reductions. It also explained that energy costs, raw material costs and packaging prices had risen, while consumers continued to favor saving and lower-priced products.

Disclosure regarding the going concern assumption

None ("There are no applicable matters.")

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 consolidationAdded: 0 companies; excluded: 0 companies (company names not disclosed)
Impairment loss¥48 million (assets subject: Not disclosed)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 3 million yen, Gain on sale of investment securities 756 million yen / Extraordinary loss Losses on disposal of fixed assets 8 million yen, Impairment Losses 48 million yen, Loss on closure of stores 0 million yen
Depreciation and amortization1,042 million yen
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End32,267,721
Treasury Shares at Period-End594,438
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 March 2026–31 May 2026
Net Sales123,602 million yen (YoY +8.6%)
Operating profit2,827 million yen (YoY +55.1%)
Ordinary income3,191 million yen (YoY +66.5%)
Profit attributable to owners of the parent2,059 million yen (YoY -0.9%)
Net income per share65.03
Equity ratioEnd of the current fiscal period 51.1% / End of previous period 52.5%
Total assets255,995 million yen
Net assets139,408 million yen
Full-year earnings forecastNet Sales 500,000 million yen (YoY +5.9%) / Operating profit 10,000 million yen (YoY -4.5%) / Ordinary income 11,000 million yen (YoY -6.2%) / Net income 6,500 million yen (YoY -29.6%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast104.00 yen → 110.00 yen(5.8%)
Segment revenueMeat and Other Products Manufacturing and Wholesale Business 114,691 million yen (YoY +9.1%), Meat and Other Products Retail Business 6,147 million yen (YoY +0.2%), Meat and Other Products Food Service Business 2,534 million yen (YoY +7.9%)
Segment profitMeat and Other Products Manufacturing and Wholesale Business 2,606 million yen (YoY +55.4%), Meat and Other Products Retail Business 370 million yen (YoY +5.0%), Meat and Other Products Food Service Business 163 million yen (YoY +38.3%)
Depreciation and amortization1,042 million yen
Impairment loss¥48 million (assets subject: Not disclosed)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 3 million yen, Gain on sale of investment securities 756 million yen / Extraordinary loss Losses on disposal of fixed assets 8 million yen, Impairment Losses 48 million yen, Loss on closure of stores 0 million yen
Disclosure regarding the going concern assumptionNone ("There are no applicable matters.")
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 consolidationAdded: 0 companies; excluded: 0 companies (company names not disclosed)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End32,267,721
Treasury Shares at Period-End594,438
Factors Behind Changes in Business PerformanceThe company cited upfront investments in its overseas business, strengthened sales capabilities in Japan and improved operating efficiency in its manufacturing and wholesale business. In its retail business, it cited the launch of newly opened and renovated stores, event-based consultative selling, the introduction of consultative products and the development of new products. In its food service business, it cited contributions from inbound demand and demand for large parties, menu revisions, the reallocation of human resources and expense reductions. It also explained that energy costs, raw material costs and packaging prices had risen, while consumers continued to favor saving and lower-priced products.
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout 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.

The company said it made upfront investments in its overseas business, strengthened sales capabilities in Japan and improved operating efficiency in its manufacturing and wholesale business. In its retail business, it opened and renovated stores, expanded consultative selling and developed new products. In its food service business, inbound demand and demand for large parties contributed to results, while energy costs, raw material costs and packaging prices continued to rise, and consumers continued to favor saving and lower-priced products.

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.
Financial Results for the First Quarter of the Fiscal Year Ending February 2027 [Japanese GAAP] (Consolidated) | S Foods Inc. (2292) timely disclosure | Komori