Results for this period
Full year1 April 2025–31 March 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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Net sales were affected by structural reforms in the seafood and livestock businesses, but the core processed foods and temperature-controlled logistics businesses grew both in Japan and overseas. Operating income declined in the processed foods business due to the impact of rising costs, but increased as a result of the steady performance of the temperature-controlled logistics business and the impact of changes to the depreciation method, among other factors.
No applicable matters (There are no applicable matters.)
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥716,144 million (YoY +2.0%) |
| Operating profit | ¥38,999 million (YoY +1.8%) |
| Ordinary income | ¥40,149 million (YoY +0.7%) |
| Profit attributable to owners of the parent | ¥27,332 million (YoY +10.5%) |
| Net income per share | ¥109.07 |
| Operating Margin | 5.4% |
| Equity ratio | End of the current fiscal period 51.4% / End of previous period 52.1% |
| Total assets | ¥557,242 million |
| Net assets | ¥304,438 million |
| Cash flows from operating activities | ¥48,746 million |
| Cash flows from investing activities | ¥-33,050 million |
| Cash flows from financing activities | ¥-3,224 million |
| Cash and cash equivalents at end of period | ¥51,538 million |
| Full-year earnings forecast | Net Sales ¥609,400 million / Operating profit ¥33,800 million / Ordinary income ¥34,700 million / Net income ¥25,200 million |
| Annual Dividend Forecast | ¥92 → ¥50（not_comparable (prior-year actual based on the pre-stock-split share count; current-year forecast based on the post-stock-split share count)） |
| Payout ratio | 49.7% |
| Segment revenue | Food ¥426,674 million (YoY -1.7%), Cold-Chain Logistics ¥300,991 million (YoY +8.2%), Real estate ¥5,000 million (YoY -3.6%) |
| Segment profit | Food ¥19,852 million (YoY -6.6%), Cold-Chain Logistics ¥18,583 million (YoY +18.0%), Real estate ¥1,896 million (YoY -0.2%) |
| Regional sales | ¥260,553 million (YoY +7.2%), ¥108,770 million (YoY +4.5%), ¥199,018 million (YoY +4.6%), ¥92,568 million (YoY +11.3%) |
| Depreciation and amortization | ¥22,087 million |
| Impairment loss | ¥451 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥162 million, Gain on sale of investment securities ¥4,685 million, Gain on negative goodwill ¥18 million, Other ¥427 million / Extraordinary loss Loss on sale of fixed assets ¥44 million, Loss on Disposal of Fixed Assets ¥1,574 million, Impairment Losses ¥451 million, Loss on closure of business locations ¥752 million, Other ¥1,098 million |
| Disclosure regarding the going concern assumption | No applicable matters (There are no applicable matters.) |
| Change in accounting policy | Changes due to revisions to standards No / Other changes Yes / Change in accounting estimate Yes / Restatement No |
| Changes in the scope of consolidation | Material changes No / New Not disclosed / Excluded Not disclosed / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 256,984,963 |
| Treasury Shares at Period-End | 6,367,479 |
| Factors Behind Changes in Business Performance | Net sales were affected by structural reforms in the seafood and livestock businesses, but the core processed foods and temperature-controlled logistics businesses grew both in Japan and overseas. Operating income declined in the processed foods business due to the impact of rising costs, but increased as a result of the steady performance of the temperature-controlled logistics business and the impact of changes to the depreciation method, among other factors. |
Items this document does not state (4)
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.Net sales were affected by structural reforms in the seafood and livestock businesses, but the core processed foods and temperature-controlled logistics businesses grew both in Japan and overseas. Operating income declined in the processed foods business due to rising costs, but increased as a result of the steady performance of the temperature-controlled logistics business and the impact of changes to the depreciation method, among other factors.