Komori
Revisions to earnings forecasts2293TAKIZAWA HAM CO.,LTD.Food Products

Notice Regarding Revisions to Earnings Forecasts and Dividend Forecasts

For the cumulative second quarter and full-year forecasts for the fiscal year ending March 2027, the sales forecast was raised, while the operating income, ordinary income and net income forecasts were revised to losses. The year-end dividend forecast was lowered from ¥20 per share to ¥0, resulting in no dividend.

Worth reading
50Recurring
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
-330
Million yen
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Second quarter (cumulative) and full yearPrevious forecast published 12 May 2026
Net SalesConsolidated / Interim13,450→13,745Million yen
+2.2%
Net SalesConsolidated - full year27,900→28,195Million yen
+1.1%
Net SalesStandalone / Interim13,400→13,693Million yen
+2.2%
Net SalesNon-consolidated - full year27,800→28,093Million yen
+1.1%
Operating profitConsolidated / Interim-60→-283Million yen
-371.7%
Operating profitConsolidated - full year80→-250Million yen
-412.5%
Operating profitStandalone / Interim—→—Million yen
—
Operating profitNon-consolidated - full year—→—Million yen
—
Ordinary incomeConsolidated / Interim-70→-283Million yen
-304.3%
Ordinary incomeConsolidated - full year60→-260Million yen
-533.3%
Ordinary incomeStandalone / Interim-70→-283Million yen
-304.3%
Ordinary incomeNon-consolidated - full year60→-260Million yen
-533.3%
Profit attributable to owners of the parentConsolidated / Interim-20→-201Million yen
-905.0%
Profit attributable to owners of the parentConsolidated - full year80→-105Million yen
-231.3%
Profit attributable to owners of the parentStandalone / Interim-20→-201Million yen
-905.0%
Profit attributable to owners of the parentNon-consolidated - full year80→-105Million yen
-231.3%
Net income per shareConsolidated / Interim-9.74→-98.05yen/sen
-906.7%
Net income per shareConsolidated - full year38.96→-51.13yen/sen
-231.2%
Net income per shareStandalone / Interim-9.74→-98.05yen/sen
-906.7%
Net income per shareNon-consolidated - full year38.96→-51.13yen/sen
-231.2%

The 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.

Reason for the revision

Although unit sales of processed meat products declined as rising prices dampened personal consumption, sales of prepared foods, other processed products and meat showed signs of recovery following the introduction of new products and other measures. On the profit front, higher raw material prices, particularly for imported beef, as well as higher energy costs affected by the situation in the Middle East and higher packaging material costs put pressure on earnings. The full-year forecast was revised after taking into account performance for the interim consolidated accounting period.

Previous-period resultsConsolidated · Second quarter Net Sales 13,256 / Operating profit -226 / Ordinary income -220 / Interim net profit attributable to owners of the parent -229 / Interim net income per share -111.89 / Consolidated - full year Net Sales 26,565 / Operating profit -383 / Ordinary income -361 / Profit attributable to owners of the parent -230 / Earnings per share -112.2 / Non-consolidated · Second quarter Net Sales 13,205 / Ordinary income -221 / Interim net income -229 / Interim net income per share -111.89 / Non-consolidated - full year Net Sales 26,466 / Ordinary income -364 / Net income for the current fiscal year -230 / Earnings per share -112.2
Dividend forecast revisionThe year-end dividend forecast for the fiscal year ending March 2027 was revised from ¥20.00 per share to ¥0.00, and the annual dividend forecast was changed from ¥20.00 to ¥0.00.
Consolidated / non-consolidatedConsolidated/non-consolidated
Revised forecast
ItemDetails
Net SalesConsolidated / Interim 13,450 / Consolidated - full year 27,900 / Standalone / Interim 13,400 / Non-consolidated - full year 27,800 → Consolidated / Interim 13,745 / Consolidated - full year 28,195 / Standalone / Interim 13,693 / Non-consolidated - full year 28,093(Consolidated / Interim 2.2 / Consolidated - full year 1.1 / Standalone / Interim 2.2 / Non-consolidated - full year 1.1)
Operating profitConsolidated / Interim -60 / Consolidated - full year 80 / Standalone / Interim Not disclosed / Non-consolidated - full year Not disclosed → Consolidated / Interim -283 / Consolidated - full year -250 / Standalone / Interim Not disclosed / Non-consolidated - full year Not disclosed
Ordinary incomeConsolidated / Interim -70 / Consolidated - full year 60 / Standalone / Interim -70 / Non-consolidated - full year 60 → Consolidated / Interim -283 / Consolidated - full year -260 / Standalone / Interim -283 / Non-consolidated - full year -260
Profit attributable to owners of the parentConsolidated / Interim -20 / Consolidated - full year 80 / Standalone / Interim -20 / Non-consolidated - full year 80 → Consolidated / Interim -201 / Consolidated - full year -105 / Standalone / Interim -201 / Non-consolidated - full year -105
Net income per shareConsolidated / Interim -9.74 / Consolidated - full year 38.96 / Standalone / Interim -9.74 / Non-consolidated - full year 38.96 → Consolidated / Interim -98.05 / Consolidated - full year -51.13 / Standalone / Interim -98.05 / Non-consolidated - full year -51.13
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSecond quarter (cumulative) and full year
Publication date of previous forecast12 May 2026
Previous-period resultsConsolidated · Second quarter Net Sales 13,256 / Operating profit -226 / Ordinary income -220 / Interim net profit attributable to owners of the parent -229 / Interim net income per share -111.89 / Consolidated - full year Net Sales 26,565 / Operating profit -383 / Ordinary income -361 / Profit attributable to owners of the parent -230 / Earnings per share -112.2 / Non-consolidated · Second quarter Net Sales 13,205 / Ordinary income -221 / Interim net income -229 / Interim net income per share -111.89 / Non-consolidated - full year Net Sales 26,466 / Ordinary income -364 / Net income for the current fiscal year -230 / Earnings per share -112.2
Reason for the revisionAlthough unit sales of processed meat products declined as rising prices dampened personal consumption, sales of prepared foods, other processed products and meat showed signs of recovery following the introduction of new products and other measures. On the profit front, higher raw material prices, particularly for imported beef, as well as higher energy costs affected by the situation in the Middle East and higher packaging material costs put pressure on earnings. The full-year forecast was revised after taking into account performance for the interim consolidated accounting period.
Dividend forecast revisionThe year-end dividend forecast for the fiscal year ending March 2027 was revised from ¥20.00 per share to ¥0.00, and the annual dividend forecast was changed from ¥20.00 to ¥0.00.
Consolidated / non-consolidatedConsolidated/non-consolidated
Items this document does not state (1)
Details and amount of extraordinary loss

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.

Although unit sales of processed meat products declined as rising prices dampened personal consumption, sales of prepared foods, other processed products and meat recovered following the introduction of new products, and sales are expected to exceed the forecast. Meanwhile, higher raw material prices, particularly for imported beef, energy costs affected by the situation in the Middle East, and packaging material costs put pressure on profit. The full-year forecast was revised after taking into account performance for the interim consolidated accounting period, and the dividend was set at zero due to the substantial shortfall against the full-year earnings forecast.

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