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Earnings2292S Foods Inc.Food

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending February 2027 (Japanese GAAP) (Consolidated)

Revenue, operating profit and ordinary profit exceeded the same period of the previous year in the interim period, while interim net income attributable to owners of the parent declined. The full-year earnings forecast remains unchanged, and the annual dividend forecast is planned to increase from the previous fiscal year's actual dividend of ¥104 to ¥110.

Worth reading
45Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
8
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 March 2026 to 31 August 2026ConsolidatedJapanese GAAP
Net Sales247,261¥ millionYear on year +8.0%Progress 49.5%
Operating profit4,455¥ millionYear on year +23.8%Progress 44.6%
Ordinary income5,021¥ millionYear on year +24.2%Progress 45.6%
Net income attributable to owners of the parent3,216¥ millionYear on year -22.5%Progress 49.5%

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¥101.51
Financial position at period-end
Total assets243,601¥ million
of which net assets 141,839 ¥ millionEquity ratio 54.7%vs. prior year-end +2.2pt

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-3,915
Investment-3,318
Financials-2,773
Net change-10,006

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¥27,718 million
Segment revenueMeat and Other Products Manufacturing and Wholesale Business ¥229,496 million (YoY +8.5%), Meat and Other Products Retail Business ¥12,182 million (YoY +0.3%), Meat and Other Products Food Service Business ¥5,135 million (YoY +5.0%)
Segment profitMeat and Other Products Manufacturing and Wholesale Business ¥4,187 million (YoY +23.6%), Meat and Other Products Retail Business ¥532 million (YoY +4.8%), Meat and Other Products Food Service Business ¥325 million (YoY +36.1%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥500,000 million (YoY +5.9%)
Operating profit¥10,000 million (YoY -4.5%)
Ordinary income¥11,000 million (YoY -6.2%)
Net income¥6,500 million (YoY -29.6%)
Annual Dividend Forecast¥104 → ¥110(+5.8%)
Factors Behind Changes in Business Performance

The employment and income environment is improving, capital investment and exports are recovering, and demand is shifting toward lower-priced products, while costs for raw materials, labor and transportation, among others, continue to rise. The company implemented upfront investment in its overseas business, strengthened domestic sales capabilities, improved efficiency, opened and renovated stores, pursued consultative sales and new product development, revised its menu and reduced expenses.

Disclosure regarding the going concern assumption

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
Impairment loss¥192 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥5 million, Gain on sale of investment securities ¥814 million / Total extraordinary income ¥820 million / Extraordinary loss Losses on disposal of fixed assets ¥22 million, Impairment Losses ¥192 million, Loss on closure of stores ¥8 million / Total extraordinary loss ¥223 million
Depreciation and amortization¥2,116 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End32,267,721 Shares
Treasury Shares at Period-End571,876 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 March 2026 to 31 August 2026
Net Sales¥247,261 million (YoY +8.0%)
Operating profit¥4,455 million (YoY +23.8%)
Ordinary income¥5,021 million (YoY +24.2%)
Profit attributable to owners of the parent¥3,216 million (YoY -22.5%)
Net income per share¥101.51
Equity ratioEnd of the current fiscal period 54.7% / End of previous period 52.5%
Total assets¥243,601 million
Net assets¥141,839 million
Cash flows from operating activities¥-3,915 million
Cash flows from investing activities¥-3,318 million
Cash flows from financing activities¥-2,773 million
Cash and cash equivalents at end of period¥27,718 million
Full-year earnings forecastNet Sales ¥500,000 million (YoY +5.9%) / Operating profit ¥10,000 million (YoY -4.5%) / Ordinary income ¥11,000 million (YoY -6.2%) / Net income ¥6,500 million (YoY -29.6%)
Annual Dividend Forecast¥104 → ¥110(+5.8%)
Segment revenueMeat and Other Products Manufacturing and Wholesale Business ¥229,496 million (YoY +8.5%), Meat and Other Products Retail Business ¥12,182 million (YoY +0.3%), Meat and Other Products Food Service Business ¥5,135 million (YoY +5.0%)
Segment profitMeat and Other Products Manufacturing and Wholesale Business ¥4,187 million (YoY +23.6%), Meat and Other Products Retail Business ¥532 million (YoY +4.8%), Meat and Other Products Food Service Business ¥325 million (YoY +36.1%)
Depreciation and amortization¥2,116 million
Impairment loss¥192 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥5 million, Gain on sale of investment securities ¥814 million / Total extraordinary income ¥820 million / Extraordinary loss Losses on disposal of fixed assets ¥22 million, Impairment Losses ¥192 million, Loss on closure of stores ¥8 million / Total extraordinary loss ¥223 million
Disclosure regarding the going concern assumptionNo 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
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End32,267,721 Shares
Treasury Shares at Period-End571,876 Shares
Factors Behind Changes in Business PerformanceThe employment and income environment is improving, capital investment and exports are recovering, and demand is shifting toward lower-priced products, while costs for raw materials, labor and transportation, among others, continue to rise. The company implemented upfront investment in its overseas business, strengthened domestic sales capabilities, improved efficiency, opened and renovated stores, pursued consultative sales and new product development, revised its menu and reduced expenses.
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.

The company says it advanced upfront investment in its overseas business, strengthened the sales capabilities of its domestic business and improved operational efficiency, opened and renovated stores, and pursued consultative sales and new product development. It also recorded a gain on the sale of investment securities of ¥814 million.

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 Second Quarter (Interim Period) of the Fiscal Year Ending February 2027 (Japanese GAAP) (Consolidated) | S Foods Inc. (2292) timely disclosure | Komori