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Revision of earnings forecasts2872SEIHYO CO.,LTD.Food

Notice Regarding Differences Between Full-Year Earnings Forecast and Actual Results

Actual results for the fiscal year ended February 2026 differed from the forecast announced on 9 January 2026. Revenue, operating profit and ordinary profit exceeded the forecast, while net income fell below the forecast due to the recognition of an income tax adjustment.

Worth reading
65In 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
253.7
%
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ended February 2026 · Full yearPrevious forecast published 9 January 2026
Net Sales4,700→4,796million
+2.0%
Operating profit10→35million
+253.7%
Ordinary income26→54million
+109.7%
Profit attributable to owners of the parent31→11million
-62.9%
Net income per share22.14→8.19yen
-63.0%

The 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.

Reason for the revision

Revenue, operating profit and ordinary profit exceeded the forecast because OEM sales in January and February in the ice cream division, the Company’s main business, exceeded expectations during the fourth-quarter accounting period, and expenses such as repair and consumables costs were reviewed company-wide. Meanwhile, a deferred tax liability was recognized in connection with the asset retirement obligation for asbestos and fluorocarbon removal at the Toyama Plant, resulting in an income tax adjustment (loss) of ¥24 million, and net income fell below the forecast.

Details and amount of extraordinary loss

Income tax adjustment (loss): ¥24 million (deferred tax liability associated with the asset retirement obligation for asbestos and fluorocarbon removal at the Toyama Plant)

Previous-period resultsRevenue ¥4,484 million, operating profit ¥96 million, ordinary profit ¥123 million, net income ¥119 million, and net income per share ¥85.68 (fiscal year ended February 2025)
Revised forecast
ItemDetails
Net Sales¥4,700 million → ¥4,796 million(+2.0%)
Operating profit¥10 million → ¥35 million(+253.7%)
Ordinary income¥26 million → ¥54 million(+109.7%)
Profit attributable to owners of the parent¥31 million → ¥11 million(-62.9%)
Net income per share22.14 yen → 8.19 yen
Fiscal Period CoveredFiscal year ended February 2026
Period CoveredFull year
Publication date of previous forecast9 January 2026
Previous-period resultsRevenue ¥4,484 million, operating profit ¥96 million, ordinary profit ¥123 million, net income ¥119 million, and net income per share ¥85.68 (fiscal year ended February 2025)
Reason for the revisionRevenue, operating profit and ordinary profit exceeded the forecast because OEM sales in January and February in the ice cream division, the Company’s main business, exceeded expectations during the fourth-quarter accounting period, and expenses such as repair and consumables costs were reviewed company-wide. Meanwhile, a deferred tax liability was recognized in connection with the asset retirement obligation for asbestos and fluorocarbon removal at the Toyama Plant, resulting in an income tax adjustment (loss) of ¥24 million, and net income fell below the forecast.
Details and amount of extraordinary lossIncome tax adjustment (loss): ¥24 million (deferred tax liability associated with the asset retirement obligation for asbestos and fluorocarbon removal at the Toyama Plant)
Items this document does not state (2)
Dividend forecast revisionConsolidated / non-consolidated

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, operating profit and ordinary profit exceeded the forecast because OEM sales in the ice cream division, the Company’s main business, exceeded expectations in January and February, and expenses such as repair and consumables costs were reviewed company-wide. Meanwhile, a deferred tax liability was recognized in connection with the asset retirement obligation at the Toyama Plant, resulting in an income tax adjustment (loss) of ¥24 million, and net income fell below the forecast.

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Notice Regarding Differences Between Full-Year Earnings Forecast and Actual Results | SEIHYO CO.,LTD. (2872) timely disclosure | Komori