Results for this period
Third quarter1 January 2026 to 30 September 2026ConsolidatedJapanese GAAPThe 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.
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.
In the rice business, the company implemented promotional and pricing measures that prioritized clearing inventory of rice from the 2025 crop. Although sales volumes partially recovered, the gross profit margin fell significantly as selling prices declined against high procurement costs. The feed and chicken egg businesses posted higher profits through expanded sales, price revisions and improved transaction terms, but this could not offset the deterioration in profitability in the rice business. The company also recorded ¥473 million in deferred income taxes.
Not applicable (Note on going concern: No applicable matters)
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026 to 30 September 2026 |
| Net Sales | ¥132,349 million (YoY +1.1%) |
| Operating profit | ¥-1,121 million |
| Ordinary income | ¥-1,196 million |
| Profit attributable to owners of the parent | ¥-1,796 million |
| Net income per share | −¥219.58 |
| Equity ratio | End of the current fiscal period 35.4% / End of previous period 36.1% |
| Total assets | ¥49,856 million |
| Net assets | ¥18,324 million |
| Full-year earnings forecast | Net Sales ¥177,000 million (YoY +0.5%) / Operating profit ¥-4,900 million / Ordinary income ¥-5,000 million / Net income ¥-5,000 million |
| Annual Dividend Forecast | ¥90 → ¥50（-44.4%） |
| Segment revenue | Rice business ¥115,735,292 thousand (YoY +0.4%) / Feed business ¥8,340,383 thousand (YoY +10.0%) / Chicken egg business ¥8,273,766 thousand (YoY +3.3%) |
| Segment profit | Rice business ¥-928,329 thousand / Feed business ¥409,222 thousand (YoY +8.8%) / Chicken egg business ¥260,159 thousand (YoY +23.4%) |
| Depreciation and amortization | ¥378,446 thousand |
| Impairment loss | ¥1.696 million (land) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of fixed assets ¥5,745 thousand / Extraordinary loss Loss on sale of non-current assets ¥239 thousand, Loss on disposal of non-current assets ¥30,879 thousand, Impairment losses ¥1,696 thousand |
| Disclosure regarding the going concern assumption | Not applicable (Note on going concern: 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 — companies / Name of newly included entity Not disclosed / Excluded — 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 shares |
| Treasury Shares at Period-End | 344,918 shares |
| Factors Behind Changes in Business Performance | In the rice business, the company implemented promotional and pricing measures that prioritized clearing inventory of rice from the 2025 crop. Although sales volumes partially recovered, the gross profit margin fell significantly as selling prices declined against high procurement costs. The feed and chicken egg businesses posted higher profits through expanded sales, price revisions and improved transaction terms, but this could not offset the deterioration in profitability in the rice business. The company also recorded ¥473 million in deferred income taxes. |
Items this document does not state (11)
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.Gross profit margin fell significantly in the rice business as the company prioritized inventory clearance through promotional and pricing measures. The decline in selling prices against high procurement costs put pressure on earnings, which could not be offset by higher profits in the feed and chicken egg businesses. The company also carefully assessed the recoverability of deferred tax assets and recorded ¥473 million in deferred income taxes.