Worth reading
71In focus
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
2.4
% (year-on-year change in consolidated revenue)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFiscal year ending March 202614 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales669.6 Hundreds of millions of yen+2.4%
Operating profit117.8 Hundreds of millions of yen+6.0%
Ordinary income137.6 Hundreds of millions of yen+14.6%
Net income94.6 Hundreds of millions of yen+15.3%
Selling, general and administrative expenses¥66.12 100 million standalone
Operating profit margin17.6%, up 0.6 percentage points year on year
Full-year earnings forecast
Fiscal year ending March 2027
Consolidated revenue¥69.23 billion
Consolidated operating profit¥11.25 billion
Consolidated ordinary income¥13.16 billion
Consolidated net income¥9.55 billion
Standalone sales¥49.10 billion
Non-consolidated operating profit¥7.60 billion
Non-consolidated ordinary income¥8.88 billion
Non-consolidated net profit¥6.20 billion
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Consolidated revenue and operating profit, as well as non-consolidated revenue and operating profit, fell short of plan. Consolidated and non-consolidated ordinary profit and net profit exceeded plan.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Consolidated revenueアリアケジャパン +¥690 million, Asia -¥310 million, Europe +¥1.19 billion, Japan -¥10 million, total +¥1.56 billion
Consolidated operating profitアリアケジャパン +¥430 million, Asia -¥80 million, Europe +¥330 million, Japan and other -¥10 million, total +¥670 million
Non-consolidated operating profitMaterials +¥130 million, packaging materials +¥19 million, utilities +¥33 million, labor costs +¥56 million, fixed costs -¥82 million, selling expenses +¥67 million
Non-consolidated ordinary incomeIncrease in operating profit +¥430 million, interest and dividend income +¥313 million, reduction in derivative valuation losses +¥153 million, foreign exchange gains +¥340 million, other +¥139 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- EURAssumption184.33
- RenminbiAssumption22.36
- Taiwan dollarsAssumption4.98
- Indonesian rupiahAssumption0.01
New initiatives
- Entry into the pet food business and installation of production equipment at the First Kyushu Plant (initial investment of approximately ¥600 million, annual production capacity of approximately ¥3 billion)
- Opening of a pet food laboratory within the Third Kyushu Plant
- Construction of a new plant in the Netherlands (scheduled to begin operations in 2028, with approximately ¥4 billion in capital investment)
- Establishing a Nomination and Compensation Committee
- 予定 election of 2 new internal directors and 2 outside directors
- Sales and OEM development of ramen soup and UHT products from the Belgian plant
Key KPIsA metric the company considers important as a management benchmark.
- Consolidated operating margin17.6 ％Year on year against the same period last yearUp 0.6 percentage points year on year
- Non-consolidated operating margin17 ％Year on year against the same period last yearUp 0.6 percentage points year on year
- Subsidiary operating margin19.1 ％Year on year against the same period last yearUp 0.4 percentage points year on year
- ROE target8 % fiscal 2028
- CO2 reduction rate55 % versus fiscal 2020, fiscal 2023
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Breakdown of changes in non-consolidated revenueVolume -1.0%, pricing +2.5%
Segment results
アリアケジャパン
Net Sales¥48.21 billion, up 1.4% year on year
Operating profit¥8.21 billion, up 5.5% year on year
Asia
Net Sales¥9.99 billion, down 3.0% year on year
Operating profit¥2.43 billion, down 3.1% year on year
Europe
Net Sales¥8.46 billion, up 16.3% year on year
Operating profit¥1.14 billion, up 40.4% year on year
Japanese subsidiary
Net Sales¥300 million, down 2.9% year on year
Operating profit¥10 million, down 20.4% year on year
Total subsidiaries
Net Sales¥18.75 billion, up 4.9% year on year
Operating profit¥3.57 billion, up 7.1% year on year
Medium-term management plan targets
Fiscal year ending March 2028
Consolidated revenue¥72.1 billion
Consolidated operating profit¥12.2 billion
Fiscal year ending March 2029
Consolidated revenue¥75.7 billion
Consolidated operating profit¥13.1 billion
2030Targeting consolidated revenue of ¥100 billion
Financial targets
ROE8% in fiscal 2028, and more than 10% over the long term
DOEAt least 4%
Number of employees
Number of Employees747 employees (non-consolidated, fiscal year ended March 2026)
Change during the periodIncrease of 14 employees from 733 in the previous fiscal year
Hiring planIncrease staffing in sales and development
Capital expenditures
¥385 100 million cash allocation for fiscal 2026–2030
Annual Dividend
Fiscal year ending March 2026Forecast ordinary dividend of ¥180 per share (¥60 interim, ¥120 year-end) for the fiscal year ending March 2027
Forecast ordinary dividend for the fiscal year ending March 2027Forecast ordinary dividend of ¥180 per share (¥60 interim, ¥120 year-end) for the fiscal year ending March 2027
Commemorative dividend for the fiscal year ending March 2027Commemorative dividend of ¥120 per share for the fiscal year ending March 2027
Payout ratio
Payout ratio: 60.6% for the fiscal year ended March 2026, 55.5% for the fiscal year ending March 2027 excluding the commemorative dividend, and 96.9% including the commemorative dividend. DOE: 4.4% for the fiscal year ended March 2026, 4.2% for the fiscal year ending March 2027 excluding the commemorative dividend, and 7.0% including the commemorative dividend.Acquisition of treasury shares
Up to 1 million shares or ¥6 billion, over the one-year period from 13 May 2026 to 12 May 2027| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | 669.6 Hundreds of millions of yen (YoY +2.4%) |
| Operating profit | 117.8 Hundreds of millions of yen (YoY +6.0%) |
| Ordinary income | 137.6 Hundreds of millions of yen (YoY +14.6%) |
| Net income | 94.6 Hundreds of millions of yen (YoY +15.3%) |
| Operating profit margin | 17.6%, up 0.6 percentage points year on year |
| Selling, general and administrative expenses | ¥66.12 100 million (standalone) |
| Full-year earnings forecast | Fiscal year ending March 2027 Consolidated revenue ¥69.23 billion / Consolidated operating profit ¥11.25 billion / Consolidated ordinary income ¥13.16 billion / Consolidated net income ¥9.55 billion / Standalone sales ¥49.10 billion / Non-consolidated operating profit ¥7.60 billion / Non-consolidated ordinary income ¥8.88 billion / Non-consolidated net profit ¥6.20 billion |
| Self-assessment against the plan | Consolidated revenue and operating profit, as well as non-consolidated revenue and operating profit, fell short of plan. Consolidated and non-consolidated ordinary profit and net profit exceeded plan. |
| Segment results | アリアケジャパン Net Sales ¥48.21 billion, up 1.4% year on year / Operating profit ¥8.21 billion, up 5.5% year on year / Asia Net Sales ¥9.99 billion, down 3.0% year on year / Operating profit ¥2.43 billion, down 3.1% year on year / Europe Net Sales ¥8.46 billion, up 16.3% year on year / Operating profit ¥1.14 billion, up 40.4% year on year / Japanese subsidiary Net Sales ¥300 million, down 2.9% year on year / Operating profit ¥10 million, down 20.4% year on year / Total subsidiaries Net Sales ¥18.75 billion, up 4.9% year on year / Operating profit ¥3.57 billion, up 7.1% year on year |
| Breakdown of Factors Affecting the Change | Consolidated revenue アリアケジャパン +¥690 million, Asia -¥310 million, Europe +¥1.19 billion, Japan -¥10 million, total +¥1.56 billion / Consolidated operating profit アリアケジャパン +¥430 million, Asia -¥80 million, Europe +¥330 million, Japan and other -¥10 million, total +¥670 million / Non-consolidated operating profit Materials +¥130 million, packaging materials +¥19 million, utilities +¥33 million, labor costs +¥56 million, fixed costs -¥82 million, selling expenses +¥67 million / Non-consolidated ordinary income Increase in operating profit +¥430 million, interest and dividend income +¥313 million, reduction in derivative valuation losses +¥153 million, foreign exchange gains +¥340 million, other +¥139 million |
| Key KPIs | Indicator name Consolidated operating margin / Value 17.6 ％ / Year on year against the same period last year Up 0.6 percentage points year on year, Indicator name Non-consolidated operating margin / Value 17 ％ / Year on year against the same period last year Up 0.6 percentage points year on year, Indicator name Subsidiary operating margin / Value 19.1 ％ / Year on year against the same period last year Up 0.4 percentage points year on year, Indicator name ROE target / Value 8 % (fiscal 2028) / Year on year against the same period last year Not disclosed, Indicator name CO2 reduction rate / Value 55 % (versus fiscal 2020, fiscal 2023) / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Breakdown of changes in non-consolidated revenue Volume -1.0%, pricing +2.5% |
| Number of employees | Number of Employees 747 employees (non-consolidated, fiscal year ended March 2026) / Change during the period Increase of 14 employees from 733 in the previous fiscal year / Hiring plan Increase staffing in sales and development |
| Assumptions Underlying the Business Outlook | Item EUR / Assumption 184.33, Item Renminbi / Assumption 22.36, Item Taiwan dollars / Assumption 4.98, Item Indonesian rupiah / Assumption 0.01 |
| Medium-term management plan targets | Fiscal year ending March 2028 Consolidated revenue ¥72.1 billion / Consolidated operating profit ¥12.2 billion / Fiscal year ending March 2029 Consolidated revenue ¥75.7 billion / Consolidated operating profit ¥13.1 billion / 2030 Targeting consolidated revenue of ¥100 billion |
| Financial targets | ROE 8% in fiscal 2028, and more than 10% over the long term / DOE At least 4% |
| Annual Dividend | Fiscal year ending March 2026 Forecast ordinary dividend of ¥180 per share (¥60 interim, ¥120 year-end) for the fiscal year ending March 2027 / Forecast ordinary dividend for the fiscal year ending March 2027 Forecast ordinary dividend of ¥180 per share (¥60 interim, ¥120 year-end) for the fiscal year ending March 2027 / Commemorative dividend for the fiscal year ending March 2027 Commemorative dividend of ¥120 per share for the fiscal year ending March 2027 |
| Payout ratio | Payout ratio: 60.6% for the fiscal year ended March 2026, 55.5% for the fiscal year ending March 2027 excluding the commemorative dividend, and 96.9% including the commemorative dividend. DOE: 4.4% for the fiscal year ended March 2026, 4.2% for the fiscal year ending March 2027 excluding the commemorative dividend, and 7.0% including the commemorative dividend. |
| Acquisition of treasury shares | Up to 1 million shares or ¥6 billion, over the one-year period from 13 May 2026 to 12 May 2027 |
| Capital expenditures | ¥385 100 million (cash allocation for fiscal 2026–2030) |
| New initiatives | Entry into the pet food business and installation of production equipment at the First Kyushu Plant (initial investment of approximately ¥600 million, annual production capacity of approximately ¥3 billion), Opening of a pet food laboratory within the Third Kyushu Plant, Construction of a new plant in the Netherlands (scheduled to begin operations in 2028, with approximately ¥4 billion in capital investment), Establishing a Nomination and Compensation Committee, 予定 election of 2 new internal directors and 2 outside directors, Sales and OEM development of ramen soup and UHT products from the Belgian plant |
Items this document does not state (8)
Gross Profit MarginResults for the three months of the current quarterProgress against full-year forecastNumber of stores and locationsRisk amount incorporated into the outlookOrders received and order backlogMarket Size / ShareKey points of the Q&A
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 and profit increased as the decline in performance in China was offset by Europe, while foreign exchange effects, cost-reduction activities at factories, and sales price revisions also contributed. However, the slowdown in revenue growth, continued yen depreciation, and higher prices for new raw materials limited the growth in operating 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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.