Results for this period
First quarter1 January 2026–31 March 2026ConsolidatedIFRSThe 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.
Revenue declined due to the decline in rebound demand following the rush in demand after domestic price revisions and the effects of structural reforms, including business transfers. Profit increased due to the revenue growth effect in the international alcoholic beverages business and the effects of structural reforms in the domestic food and beverages business. Profit attributable to owners of the parent also benefited from the shift from foreign exchange losses to foreign exchange gains.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | ¥108,979 million (YoY -4.3%) |
| Operating profit | ¥-2,108 million |
| Ordinary income | ¥-2,068 million |
| Profit attributable to owners of the parent | ¥-878 million |
| Net income per share | ¥(2.25) |
| Equity ratio | End of the current fiscal period 33.7 / End of previous period 33.5 |
| Total assets | ¥637,968 million |
| Net assets | ¥216,234 million |
| Cash flows from operating activities | ¥-1,877 million |
| Cash flows from investing activities | ¥-976 million |
| Cash flows from financing activities | ¥4,797 million |
| Cash and cash equivalents at end of period | ¥21,288 million |
| Full-year earnings forecast | Net Sales ¥505,000 million (YoY -0.4%) / Operating profit ¥6,000 million (YoY -75.4%) / Ordinary income Not disclosed / Net income ¥296,040 million / Profit for the period attributable to owners of the parent ¥296,000 million |
| Annual Dividend Forecast | ¥90 → ¥40（-55.6%） |
| Payout ratio | 5.3% |
| Shareholder Return Policy | DOE: 4.4%; dividend payout ratio: 5.3% (FY2026 full-year outlook) |
| Segment revenue | Domestic Business ¥80,513 million (YoY -7.8%) / Overseas Business ¥28,466 million (YoY +7.0%) |
| Segment profit | Domestic Business ¥783 million (YoY -30.2%) / Overseas Business ¥-404 million |
| Depreciation and amortization | ¥4,585 million |
| Impairment loss | ¥2,832 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | Added: 0 companies; excluded: 0 companies |
| Material subsequent events | The Company resolved to transfer the intellectual property rights and hospitality business assets related to the Stone brand, and to suspend operations at its Escondido plant in the western United States within the year and consolidate production. The Company expects to record a gain on the transfer of approximately US$23 million and impairment losses and other items of approximately US$80 million in the second quarter of the fiscal year ending December 2026, but expects the impact on the full-year earnings forecast to be minor. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 393,971,490 |
| Treasury Shares at Period-End | 4,129,933 |
| Factors Behind Changes in Business Performance | Revenue declined due to the decline in rebound demand following the rush in demand after domestic price revisions and the effects of structural reforms, including business transfers. Profit increased due to the revenue growth effect in the international alcoholic beverages business and the effects of structural reforms in the domestic food and beverages business. Profit attributable to owners of the parent also benefited from the shift from foreign exchange losses to foreign exchange gains. |
Items this document does not state (5)
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.Revenue decreased due to the decline in rebound demand following the rush in demand after price revisions in the domestic market, as well as the effects of structural reforms, including the transfer of the domestic food and beverages business. Profit improved due to the revenue growth effect in the international alcoholic beverages business and the effects of structural reforms in the domestic food and beverages business. Profit attributable to owners of the parent also benefited from the shift from foreign exchange losses in the prior year to foreign exchange gains.