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Earnings2533Oenon Holdings,Inc.Food

Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

In the first quarter of the fiscal year ending December 2026, revenue increased 9.5% year on year and operating profit increased 81.9%, resulting in higher revenue and profit. The full-year earnings forecast remains unchanged from the figures announced on 10 February 2026.

Worth reading
57In focus
Scored from 4 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
81.9
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAP
Net Sales21,266Millions of yenYear on year +9.5%Progress 23.9%
Operating profit1,267Millions of yenYear on year +81.9%Progress 32.1%
Ordinary income1,312Millions of yenYear on year +83.5%Progress 32.8%
Net income attributable to owners of the parent940Millions of yenYear on year +75.2%Progress 32.4%

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¥16.69
Financial position at period-end
Total assets54,638Millions of yen
of which net assets 27,431 Millions of yenEquity ratio 48.8%vs. prior year-end +4.6pt

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 revenueAlcoholic beverages 19,407 Millions of yen (YoY +8.5%), Enzyme pharmaceuticals 1,504 Millions of yen (YoY +26.8%), Real Estate 332 Millions of yen (YoY +0.8%)
Segment profitAlcoholic beverages 635 Millions of yen (YoY +167.4%), Enzyme pharmaceuticals 430 Millions of yen (YoY +64.8%), Real Estate 198 Millions of yen (YoY +1.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales89,000 Millions of yen (YoY +1.6%)
Operating profit3,950 Millions of yen (YoY -4.5%)
Ordinary income4,000 Millions of yen (YoY -6.8%)
Net income2,900 Millions of yen (YoY -6.5%)
Factors Behind Changes in Business Performance

In the alcoholic beverages business, profit increased by ¥240 million from higher gross profit due to increased revenue, by ¥200 million from lower manufacturing expenses such as repair costs, and by ¥157 million from the effects of product mix and price revisions, among other factors. These gains were partly offset by a ¥60 million increase in cost of sales due to higher raw material costs and a ¥140 million increase in selling, general and administrative expenses, including freight and storage costs. In the enzyme pharmaceuticals business, profit increased due to higher exports of enzymes and increased contract fermentation.

Disclosure regarding the going concern assumption

No applicable matters

Material subsequent eventsAt a meeting of the Board of Directors held on 12 May 2026, the Company resolved to acquire treasury shares, up to a maximum of 1,500,000 shares, for a total acquisition price of up to ¥795,000,000. The acquisition period is from 13 May through 30 October 2026.
Breakdown of extraordinary income (loss)Extraordinary income No recognition / Extraordinary loss Loss on disposal and sale of non-current assets 0 Millions of yen, Other 1 Millions of yen
Depreciation and amortization512 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–31 March 2026
Net Sales21,266 Millions of yen (YoY +9.5%)
Operating profit1,267 Millions of yen (YoY +81.9%)
Ordinary income1,312 Millions of yen (YoY +83.5%)
Profit attributable to owners of the parent940 Millions of yen (YoY +75.2%)
Net income per share¥16.69
Equity ratioEnd of the current fiscal period 48.8 / End of previous period 44.2
Total assets54,638 Millions of yen
Net assets27,431 Millions of yen
Full-year earnings forecastNet Sales 89,000 Millions of yen (YoY +1.6%) / Operating profit 3,950 Millions of yen (YoY -4.5%) / Ordinary income 4,000 Millions of yen (YoY -6.8%) / Net income 2,900 Millions of yen (YoY -6.5%)
Segment revenueAlcoholic beverages 19,407 Millions of yen (YoY +8.5%), Enzyme pharmaceuticals 1,504 Millions of yen (YoY +26.8%), Real Estate 332 Millions of yen (YoY +0.8%)
Segment profitAlcoholic beverages 635 Millions of yen (YoY +167.4%), Enzyme pharmaceuticals 430 Millions of yen (YoY +64.8%), Real Estate 198 Millions of yen (YoY +1.9%)
Depreciation and amortization512 Millions of yen
Breakdown of extraordinary income (loss)Extraordinary income No recognition / Extraordinary loss Loss on disposal and sale of non-current assets 0 Millions of yen, Other 1 Millions of yen
Disclosure regarding the going concern assumptionNo applicable matters
Material subsequent eventsAt a meeting of the Board of Directors held on 12 May 2026, the Company resolved to acquire treasury shares, up to a maximum of 1,500,000 shares, for a total acquisition price of up to ¥795,000,000. The acquisition period is from 13 May through 30 October 2026.
Availability of Supplementary Financial Results MaterialsYes
Factors Behind Changes in Business PerformanceIn the alcoholic beverages business, profit increased by ¥240 million from higher gross profit due to increased revenue, by ¥200 million from lower manufacturing expenses such as repair costs, and by ¥157 million from the effects of product mix and price revisions, among other factors. These gains were partly offset by a ¥60 million increase in cost of sales due to higher raw material costs and a ¥140 million increase in selling, general and administrative expenses, including freight and storage costs. In the enzyme pharmaceuticals business, profit increased due to higher exports of enzymes and increased contract fermentation.
Items this document does not state (17)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastAnnual Dividend ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossChange in accounting policyChanges in the scope of consolidationAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End

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.

In the alcoholic beverages business, sales of shochu, chu-hai, sake and Western spirits increased. In the enzyme pharmaceuticals business, overseas sales, exported enzymes and contract fermentation increased. On the profit front, factors contributing to the increase included higher gross profit resulting from increased revenue, lower manufacturing expenses such as repair costs, and the effects of product mix and price revisions. These benefits were partly offset by increases in raw material costs, freight and storage expenses, and other costs.

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Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | Oenon Holdings,Inc. (2533) timely disclosure | Komori