Worth reading
49Recurring
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
75.5
% (decline in net income attributable to owners of the parent)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 May 2025–30 April 2026ConsolidatedJapanese GAAPNet Sales497,877¥ millionYear on year +5.3%Progress 99.6%
Operating profit21,684¥ millionYear on year -5.6%Progress 108.4%
Ordinary income23,267¥ millionYear on year +1.3%Progress 113.5%
Net income attributable to owners of the parent3,466¥ millionYear on year -75.5%Progress 30.3%
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¥26.87
Operating Margin4.4%
Financial position at period-end
Total assets342,667¥ million
of which net assets 177,951 ¥ millionEquity ratio 51.4%vs. prior year-end +0.8pt
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.
Cash inflows and outflows
Operating+11,301
Investment-11,072
Financials-16,609
Net change-16,380
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.
Cash and cash equivalents at end of period¥71,080 million
Segment revenueLeaf and Beverage-Related Business ¥443,443 million (YoY +5.5%), Food and Beverage-Related Business ¥46,495 million (YoY +6.2%), Other ¥7,938 million (YoY -7.9%)
Segment profitLeaf and Beverage-Related Business ¥17,500 million (YoY -8.0%), Food and Beverage-Related Business ¥3,555 million (YoY +1.1%), Other ¥659 million (YoY -13.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥500,000 million (YoY +0.4%)
Operating profit¥20,000 million (YoY -7.8%)
Ordinary income¥20,500 million (YoY -11.9%)
Net income¥11,430 million (YoY +229.7%)
Annual Dividend Forecast¥48 → ¥52
Payout ratioFiscal year ended April 2025 37.4% / Fiscal year ending April 2026 178.6% / Fiscal year ending April 2027 (forecast) 54.5%
Factors Behind Changes in Business Performance
Amid continued increases in costs including raw materials, logistics and labor, sales volumes declined and profitability decreased in the vending machine business. Increases in raw materials and other costs exceeded expectations, resulting in the recognition of an impairment loss of ¥14,883 million. In contrast, demand for Japanese tea, including matcha, expanded overseas, while Tully’s Coffee achieved higher revenue and profit through an increase in the number of stores, price revisions and expense controls.
Disclosure regarding the going concern assumption
No applicable matters (the note on the going concern assumption states that there are no applicable matters)
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 1 / Company name 株式会社伊藤園ロジテム / Excluded Number of companies 1 / Company name 株式会社伊藤園関西茶業
Material subsequent eventsNo applicable matters.
Impairment loss¥14,883 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥10 million, Gain on sale of investment securities ¥110 million, Gain on step acquisition ¥191 million / Total extraordinary income ¥312 million / Extraordinary loss Loss on sale of fixed assets ¥4 million, Loss on disposal of fixed assets ¥1,084 million, Impairment Losses ¥14,883 million, Impairment loss on investment securities ¥345 million, Loss on sale of investment securities ¥35 million, Impairment Losses on Shares of Affiliates ¥382 million / Total extraordinary loss ¥16,736 million
Depreciation and amortization¥8,553 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End85,212,380 shares
Treasury Shares at Period-End889,863 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 May 2025–30 April 2026 |
| Net Sales | ¥497,877 million (YoY +5.3%) |
| Operating profit | ¥21,684 million (YoY -5.6%) |
| Ordinary income | ¥23,267 million (YoY +1.3%) |
| Profit attributable to owners of the parent | ¥3,466 million (YoY -75.5%) |
| Net income per share | ¥26.87 |
| Operating Margin | 4.4% |
| Equity ratio | End of the current fiscal period 51.4% / End of previous period 50.6% |
| Total assets | ¥342,667 million |
| Net assets | ¥177,951 million |
| Cash flows from operating activities | ¥11,301 million |
| Cash flows from investing activities | ¥-11,072 million |
| Cash flows from financing activities | ¥-16,609 million |
| Cash and cash equivalents at end of period | ¥71,080 million |
| Full-year earnings forecast | Net Sales ¥500,000 million (YoY +0.4%) / Operating profit ¥20,000 million (YoY -7.8%) / Ordinary income ¥20,500 million (YoY -11.9%) / Net income ¥11,430 million (YoY +229.7%) |
| Annual Dividend Forecast | ¥48 → ¥52 |
| Payout ratio | Fiscal year ended April 2025 37.4% / Fiscal year ending April 2026 178.6% / Fiscal year ending April 2027 (forecast) 54.5% |
| Segment revenue | Leaf and Beverage-Related Business ¥443,443 million (YoY +5.5%), Food and Beverage-Related Business ¥46,495 million (YoY +6.2%), Other ¥7,938 million (YoY -7.9%) |
| Segment profit | Leaf and Beverage-Related Business ¥17,500 million (YoY -8.0%), Food and Beverage-Related Business ¥3,555 million (YoY +1.1%), Other ¥659 million (YoY -13.9%) |
| Depreciation and amortization | ¥8,553 million |
| Impairment loss | ¥14,883 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥10 million, Gain on sale of investment securities ¥110 million, Gain on step acquisition ¥191 million / Total extraordinary income ¥312 million / Extraordinary loss Loss on sale of fixed assets ¥4 million, Loss on disposal of fixed assets ¥1,084 million, Impairment Losses ¥14,883 million, Impairment loss on investment securities ¥345 million, Loss on sale of investment securities ¥35 million, Impairment Losses on Shares of Affiliates ¥382 million / Total extraordinary loss ¥16,736 million |
| Disclosure regarding the going concern assumption | No applicable matters (the note on the going concern assumption states that 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 | New Number of companies 1 / Company name 株式会社伊藤園ロジテム / Excluded Number of companies 1 / Company name 株式会社伊藤園関西茶業 |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 85,212,380 shares |
| Treasury Shares at Period-End | 889,863 shares |
| Factors Behind Changes in Business Performance | Amid continued increases in costs including raw materials, logistics and labor, sales volumes declined and profitability decreased in the vending machine business. Increases in raw materials and other costs exceeded expectations, resulting in the recognition of an impairment loss of ¥14,883 million. In contrast, demand for Japanese tea, including matcha, expanded overseas, while Tully’s Coffee achieved higher revenue and profit through an increase in the number of stores, price revisions and expense controls. |
Items this document does not state (4)
Revision to Earnings ForecastShareholder Return PolicyRegional salesOrders received and order backlog
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.Costs including raw materials, logistics and labor continued to rise, while profitability declined in the vending machine business in particular as sales volumes fell. Accordingly, impairment losses were recognized, mainly on vending machines and related assets.
How to read this page
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