Results for this period
Full year1 April 2025 to 31 March 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.
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.
Amid a challenging business environment characterized by persistently high raw material prices and rising logistics costs, revenue and profit at all levels increased, owing primarily to improved profitability in the domestic production and overseas businesses of the Meat Business.
None. The notes on the going-concern assumption state: “There are no applicable matters.”
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025 to 31 March 2026 |
| Net Sales | ¥1,071,381 million (YoY +8.4%) |
| Operating profit | ¥28,456 million (YoY +45.4%) |
| Ordinary income | ¥30,395 million (YoY +46.5%) |
| Profit attributable to owners of the parent | ¥20,225 million (YoY +54.4%) |
| Net income per share | ¥356.43 |
| Operating Margin | 2.7％ |
| Equity ratio | End of the current fiscal period 56.2％ / End of previous period 61.1％ |
| Total assets | ¥524,726 million |
| Net assets | ¥295,509 million |
| Cash flows from operating activities | ¥13,663 million |
| Cash flows from investing activities | ¥-26,013 million |
| Cash flows from financing activities | ¥8,523 million |
| Cash and cash equivalents at end of period | ¥17,572 million |
| Full-year earnings forecast | Net Sales ¥1,040,000 million (YoY -2.9%) / Operating profit ¥27,000 million (YoY -5.1%) / Ordinary income ¥28,000 million (YoY -7.9%) / Net income ¥18,500 million (YoY -8.5%) |
| Annual Dividend Forecast | ¥320 → ¥155（-51.6%） |
| Payout ratio | 89.8％ |
| Shareholder Return Policy | DOE (dividend on equity) of at least 3.0% on ordinary dividends and progressive dividends |
| Segment revenue | Processed Food Operations ¥398,553 million (YoY -0.6%), Meat business ¥672,814 million (YoY +14.4%) |
| Segment profit | Processed Food Operations ¥9,410 million (YoY -3.1%), Meat business ¥22,624 million (YoY +84.3%) |
| Depreciation and amortization | ¥13,691 million |
| Impairment loss | ¥576 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥31 million, Gain on sale of investment securities ¥266 million, Government subsidies for equipment ¥400 million, Gain on return of retirement benefit trust assets ¥0 million, Other ¥4 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥347 million, Impairment Losses ¥576 million, Loss on reduction of fixed assets ¥321 million, Losses related to plant closures ¥158 million, Other ¥135 million |
| Disclosure regarding the going concern assumption | None. The notes on the going-concern assumption state: “There are no applicable matters.” |
| 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 | Material changes No / New Not disclosed / Excluded Not disclosed / Company name Not disclosed |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts, scheduled for 8 May 2026) |
| Issued Shares at Period-End | 57,471,011 |
| Treasury Shares at Period-End | 720,439 |
| Factors Behind Changes in Business Performance | Amid a challenging business environment characterized by persistently high raw material prices and rising logistics costs, revenue and profit at all levels increased, owing primarily to improved profitability in the domestic production and overseas businesses of the Meat Business. |
Items this document does not state (3)
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.For the fiscal year ended March 2026, despite persistently high raw material prices and rising logistics costs, improved profitability in the domestic production and overseas businesses of the Meat Business, among other factors, resulted in higher revenue and profits. The earnings forecast for the fiscal year ending March 2027 was prepared based on assumptions including consumers' increasing inclination to economize, geopolitical risks, foreign exchange trends and rising raw material prices.