Worth reading
52Recurring
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
5244
¥ million (year-on-year increase in operating profit)Wording
Definitive
How definitive the wording is.Contents of this document
Supplementary Materials to the Earnings ReportFiscal year ending March 2027, second quarter (first half)6 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥301,889 million+11.8%
Operating profit¥12,216 million+75.2%
Ordinary income¥10,097 million+69.1%
Net income¥6,832 million-63.1%
Operating profit margin4 %
Full-year earnings forecast
Net Sales
¥590,000 million
Operating profit
¥19,000 million
Ordinary income
¥18,000 million
Profit attributable to owners of the parent
¥12,000 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net SalesHigher sales volumes, higher selling prices and the impact of foreign exchange translation, among other factors
Operating profitFair value gains and losses on palm oil transactions, price revisions, higher sales volumes, higher oils and fats costs, increased selling, general and administrative expenses including logistics costs, and higher chocolate costs, among other factors
Amount SpecifiedISF operating profit: sales volume factor -¥350 million, selling price factor +¥2.05 billion, cost factor -¥1.95 billion, selling, general and administrative expenses and other factors +¥400 million, fair value gains on palm oil transactions +¥2.7 billion
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Average exchange rate during the period
JPY/USD159.35
JPY/EUR183.68
JPY/MYR39.46
JPY/CNY23.55
yen/IDR0.01
Key KPIsA metric the company considers important as a management benchmark.
- Overseas revenue ratio31.5 %Year on year against the same period last year29.1%
- Change in ISF Group sales volume9 %Year on year against the same period last yearYear on year
- Revenue from cosmetic ingredients¥7,021 millionYear on year against the same period last year+16.3%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Sales volumes and selling prices are presented by segmentSegment results
Global Oils and Processed Oils
Net Sales
¥81,036 million+23.6%
Operating profit
¥4,105 million+183.6%
Oils and Oilseeds, and Processed Foods and Materials
Net Sales
¥206,946 million+8.1%
Operating profit
¥7,331 million+51.4%
Oils and Oilseeds
Net Sales
¥169,794 million+10.1%
Operating profit
¥5,794 million+108.5%
Processed Foods and Materials
Net Sales
¥37,151 million-0.2%
Operating profit
¥1,536 million-25.5%
Fine Chemicals
Net Sales
¥8,535 million+12.1%
Operating profit
¥935 million+7.1%
Other / adjustments
Net Sales
¥5,371 million+2.9%
Operating profit
¥-155 million
Financial targets
ROE
Actual results12.1 %
Forecast5.7 %
ROIC
Actual results4.5 %
Forecast4.2 %
Equity ratio
Actual results46.6 %
Forecast48 %
Net debt-to-equity ratio
Actual results0.47 x
Forecast0.45 x
| Item | Details |
|---|---|
| Document type | Supplementary Materials to the Earnings Report |
| Fiscal Period Covered | Fiscal year ending March 2027, second quarter (first half) |
| Net Sales | ¥301,889 million (YoY +11.8%) |
| Operating profit | ¥12,216 million (YoY +75.2%) |
| Ordinary income | ¥10,097 million (YoY +69.1%) |
| Net income | ¥6,832 million (YoY -63.1%) |
| Operating profit margin | 4 % |
| Full-year earnings forecast | Net Sales ¥590,000 million / Operating profit ¥19,000 million / Ordinary income ¥18,000 million / Profit attributable to owners of the parent ¥12,000 million |
| Segment results | Global Oils and Processed Oils Net Sales ¥81,036 million (YoY +23.6%) / Operating profit ¥4,105 million (YoY +183.6%) / Oils and Oilseeds, and Processed Foods and Materials Net Sales ¥206,946 million (YoY +8.1%) / Operating profit ¥7,331 million (YoY +51.4%) / Oils and Oilseeds Net Sales ¥169,794 million (YoY +10.1%) / Operating profit ¥5,794 million (YoY +108.5%) / Processed Foods and Materials Net Sales ¥37,151 million (YoY -0.2%) / Operating profit ¥1,536 million (YoY -25.5%) / Fine Chemicals Net Sales ¥8,535 million (YoY +12.1%) / Operating profit ¥935 million (YoY +7.1%) / Other / adjustments Net Sales ¥5,371 million (YoY +2.9%) / Operating profit ¥-155 million |
| Breakdown of Factors Affecting the Change | Net Sales Higher sales volumes, higher selling prices and the impact of foreign exchange translation, among other factors / Operating profit Fair value gains and losses on palm oil transactions, price revisions, higher sales volumes, higher oils and fats costs, increased selling, general and administrative expenses including logistics costs, and higher chocolate costs, among other factors / Amount Specified ISF operating profit: sales volume factor -¥350 million, selling price factor +¥2.05 billion, cost factor -¥1.95 billion, selling, general and administrative expenses and other factors +¥400 million, fair value gains on palm oil transactions +¥2.7 billion |
| Key KPIs | Indicator name Overseas revenue ratio / Value 31.5 % / Year on year against the same period last year 29.1%, Indicator name Change in ISF Group sales volume / Value 9 % / Year on year against the same period last year Year on year, Indicator name Revenue from cosmetic ingredients / Value ¥7,021 million / Year on year against the same period last year ¥16.3 million |
| Unit price and quantity metrics | Sales volumes and selling prices are presented by segment |
| Assumptions Underlying the Business Outlook | Average exchange rate during the period JPY/USD 159.35 / JPY/EUR 183.68 / JPY/MYR 39.46 / JPY/CNY 23.55 / yen/IDR 0.01 |
| Financial targets | ROE Actual results 12.1 % / Forecast 5.7 % / ROIC Actual results 4.5 % / Forecast 4.2 % / Equity ratio Actual results 46.6 % / Forecast 48 % / Net debt-to-equity ratio Actual results 0.47 x / Forecast 0.45 x |
Items this document does not state (17)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&ANew initiatives
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 increased due to factors including higher sales volumes, higher selling prices and the impact of foreign exchange translation. Higher selling prices and sales volumes, along with improved fair value gains and losses on palm oil transactions, contributed to the increase in operating profit, while higher raw material costs, increased selling, general and administrative expenses including logistics costs, and higher chocolate costs were factors reducing profit.
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.