Revised forecast
Fiscal year ending December 2026 · Full yearPrevious forecast published 13 February 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
In the core rice business, the company is implementing pricing measures that prioritize working through its inventory of 2025-crop rice procured at high prices. As a result, revenue is expected to fall below the initial forecast and profitability is expected to deteriorate significantly. The company also expects to record a substantial inventory valuation loss on its estimated rice inventory holdings at the end of the fiscal year.
An inventory valuation loss is expected, but the amount is Not disclosed. Its classification as an extraordinary loss is Not disclosed.
| Item | Details |
|---|---|
| Net Sales | ¥200,000 million → ¥177,000 million（-11.5%） |
| Operating profit | ¥4,000 million → ¥-4,900 million |
| Ordinary income | ¥4,000 million → ¥-5,000 million |
| Profit attributable to owners of the parent | ¥3,000 million → ¥-5,000 million |
| Net income per share | 366.69 Yen/sen → -611.14 Yen/sen |
| Fiscal Period Covered | Fiscal year ending December 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 February 2026 |
| Previous-period results | Revenue: ¥176,191 million; operating profit: ¥8,025 million; ordinary profit: ¥8,169 million; net income attributable to owners of the parent: ¥5,520 million; earnings per share: ¥675.40 (fiscal year ended December 2025) |
| Reason for the revision | In the core rice business, the company is implementing pricing measures that prioritize working through its inventory of 2025-crop rice procured at high prices. As a result, revenue is expected to fall below the initial forecast and profitability is expected to deteriorate significantly. The company also expects to record a substantial inventory valuation loss on its estimated rice inventory holdings at the end of the fiscal year. |
| Details and amount of extraordinary loss | An inventory valuation loss is expected, but the amount is Not disclosed. Its classification as an extraordinary loss is Not disclosed. |
| Dividend forecast revision | No revision. The interim dividend of ¥25 has already been paid. The company plans to pay a year-end dividend of ¥25, for an annual dividend of ¥50. |
| Consolidated / non-consolidated | Consolidated |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.In the core rice business, the company is implementing pricing measures that prioritize working through its inventory of 2025-crop rice procured at high prices. As a result, revenue is expected to fall below the initial forecast and profitability is expected to deteriorate significantly. The company also expects to record a substantial inventory valuation loss on its estimated rice inventory holdings at the end of the fiscal year.