Worth reading
53Recurring
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
7565
¥ million (year-on-year increase in revenue)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Earnings presentationSecond quarter of the fiscal year ending March 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥36,234 million+26.0%
Operating profit¥3,944 million+12.0%
Net income¥2,294 million-3.0%
Operating profit margin10.9 %
Gross Profit Marginnot disclosed (factors behind the improvement or deterioration are stated)
Results for the three months of the current quarter
Production volume
26.4 Million cases
Net Sales
¥174 100 million
Operating profit
¥19.9 100 million
EBITDA
¥27.8 100 million
Full-year earnings forecast
Net Sales
¥720 100 million
Operating profit
¥65 100 million
Net income for the current fiscal year
¥42 100 million
EBITDA
¥100 100 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales50 %
Operating profit61 %
Net income for the current fiscal year55 %
EBITDA55 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
On trackBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in production and sales volumes¥1,294 million
- Price revisions and changes in sales mix¥1,156 million
- Higher raw-material and supply prices, increases in labor costs and expenses¥-1,224 million
- Higher logistics costs accompanying the increase in sales, among other factors¥-735 million
- Increase in personnel costs and other factors¥-325 million
- GBK, M&A expenses and initial losses¥241 million
New initiatives
- Full-scale operation of Line 2 at the Gotemba Plant
- Line renewal at the Iwate Plant
- In-house production and capacity expansion for GBK
- Transfer of the Pokka Sapporo vending machine business
- Phased rollout of LDC products in the vending machine business
- Expansion to multiple e-commerce logistics hubs
Key KPIsA metric the company considers important as a management benchmark.
- Production volume52 Million cases+21.0%
Medium-term management plan targets
Production volume
125 Million cases
Target fiscal yearFiscal year ending March 2029
Growth Investment
¥290 100 million
Number of stores and locations
Number of sales locations20 Location
Number of vending machines40,000 Location
unit_2units
Number of locations18,000 Location
unit_3Deals
Number of employees
980 people
As ofEnd of September 2026
Capital expenditures
¥7,375 million capital expenditures, cumulative second quarter of the fiscal year ending March 2027
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥36,234 million (YoY +26.0%) |
| Operating profit | ¥3,944 million (YoY +12.0%) |
| Net income | ¥2,294 million (YoY -3.0%) |
| Gross Profit Margin | not disclosed (factors behind the improvement or deterioration are stated) |
| Operating profit margin | 10.9 % |
| Results for the three months of the current quarter | Production volume 26.4 Million cases / Net Sales ¥174 100 million / Operating profit ¥19.9 100 million / EBITDA ¥27.8 100 million |
| Full-year earnings forecast | Net Sales ¥720 100 million / Operating profit ¥65 100 million / Net income for the current fiscal year ¥42 100 million / EBITDA ¥100 100 million |
| Progress against full-year forecast | Net Sales 50 % / Operating profit 61 % / Net income for the current fiscal year 55 % / EBITDA 55 % |
| Self-assessment against the plan | On track |
| Breakdown of Factors Affecting the Change | Factors Increase in production and sales volumes / Amount ¥1,294 million, Factors Price revisions and changes in sales mix / Amount ¥1,156 million, Factors Higher raw-material and supply prices, increases in labor costs and expenses / Amount ¥-1,224 million, Factors Higher logistics costs accompanying the increase in sales, among other factors / Amount ¥-735 million, Factors Increase in personnel costs and other factors / Amount ¥-325 million, Factors GBK, M&A expenses and initial losses / Amount ¥241 million |
| Key KPIs | Production volume 52 Million cases (YoY +21.0%) |
| Number of stores and locations | Number of sales locations 20 Location / Number of vending machines 40,000 Location / unit_2 units / Number of locations 18,000 Location / unit_3 Deals |
| Number of employees | 980 people |
| Medium-term management plan targets | Production volume 125 Million cases / Growth Investment ¥290 100 million |
| Capital expenditures | ¥7,375 million (capital expenditures, cumulative second quarter of the fiscal year ending March 2027) |
| New initiatives | Full-scale operation of Line 2 at the Gotemba Plant, Line renewal at the Iwate Plant, In-house production and capacity expansion for GBK, Transfer of the Pokka Sapporo vending machine business, Phased rollout of LDC products in the vending machine business, Expansion to multiple e-commerce logistics hubs |
Items this document does not state (13)
Ordinary incomeSelling, general and administrative expensesSegment resultsUnit price and quantity metricsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey points of the Q&A
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.Production volumes increased 21% due to GBK's contribution to production, the start-up of NBK's new line and full production at the OBK2 plant. Revenue also increased as efforts to secure customers progressed. Increases in raw material and supply prices, labor costs, personnel expenses, logistics costs and M&A-related expenses were absorbed through cost reductions from higher sales, improved productivity and greater logistics efficiency. The materials do not explicitly state the reason for the decrease in net income.
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.