Worth reading
52Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-56.1
Year-on-year change in operating profit (%)Wording
Definitive
How definitive the wording is.Results for this period
First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAPNet Sales41,519¥ millionYear on year +12.6%Progress 20.8%
Operating profit813¥ millionYear on year -56.1%Progress 20.3%
Ordinary income772¥ millionYear on year -58.5%Progress 19.3%
Net income attributable to owners of the parent724¥ millionYear on year -43.8%Progress 24.1%
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¥88.58
Financial position at period-end
Total assets52,242¥ million
of which net assets 21,177 ¥ millionEquity ratio 39.4%vs. prior year-end +3.3pt
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 revenueRice business ¥36,328.70 thousand (YoY +13.7%), Feed business ¥2,540.16 thousand (YoY +3.2%), Chicken egg business ¥2,651.08 thousand (YoY +7.3%)
Segment profitRice business ¥903.97 thousand (YoY -53.4%), Feed business ¥129.89 thousand (YoY +5.1%), Chicken egg business ¥83.62 thousand (YoY +12.8%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥200,000 million (YoY +13.5%)
Operating profit¥4,000 million (YoY -50.2%)
Ordinary income¥4,000 million (YoY -51.0%)
Net income¥3,000 million (YoY -45.7%)
Annual Dividend Forecast¥90 → ¥50（-44.4%）
Factors Behind Changes in Business Performance
In addition to sluggish sales to household customers in the rice business, the gross margin declined because promotional and pricing measures to reduce inventories were strengthened.
Disclosure regarding the going concern assumption
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 Yes修正再表示 No
Changes in the scope of consolidationNew 0 companies / Name of newly added company Not disclosed / Excluded 0 companies / Excluded Company Name Not disclosed
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on sale of fixed assets ¥237 thousand, Loss on Disposal of Fixed Assets ¥0 thousand
Depreciation and amortization¥129,972 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End8,530,000
Treasury Shares at Period-End351,418
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | ¥41,519 million (YoY +12.6%) |
| Operating profit | ¥813 million (YoY -56.1%) |
| Ordinary income | ¥772 million (YoY -58.5%) |
| Profit attributable to owners of the parent | ¥724 million (YoY -43.8%) |
| Net income per share | ¥88.58 |
| Equity ratio | End of the current fiscal period 39.4% / End of previous period 36.1% |
| Total assets | ¥52,242 million |
| Net assets | ¥21,177 million |
| Full-year earnings forecast | Net Sales ¥200,000 million (YoY +13.5%) / Operating profit ¥4,000 million (YoY -50.2%) / Ordinary income ¥4,000 million (YoY -51.0%) / Net income ¥3,000 million (YoY -45.7%) |
| Annual Dividend Forecast | ¥90 → ¥50（-44.4%） |
| Segment revenue | Rice business ¥36,328.70 thousand (YoY +13.7%), Feed business ¥2,540.16 thousand (YoY +3.2%), Chicken egg business ¥2,651.08 thousand (YoY +7.3%) |
| Segment profit | Rice business ¥903.97 thousand (YoY -53.4%), Feed business ¥129.89 thousand (YoY +5.1%), Chicken egg business ¥83.62 thousand (YoY +12.8%) |
| Depreciation and amortization | ¥129,972 thousand |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on sale of fixed assets ¥237 thousand, Loss on Disposal of Fixed Assets ¥0 thousand |
| 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 Yes / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Name of newly added company Not disclosed / Excluded 0 companies / Excluded Company Name Not disclosed |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 8,530,000 |
| Treasury Shares at Period-End | 351,418 |
| Factors Behind Changes in Business Performance | In addition to sluggish sales to household customers in the rice business, the gross margin declined because promotional and pricing measures to reduce inventories were strengthened. |
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent events
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.The gross margin declined because sales to household customers were sluggish in the rice business and promotional and pricing measures to reduce inventories were strengthened.
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.