Komori
Results2877NittoBest CorporationFood

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

Net sales for the interim period increased 1.3% due to price revisions and other factors, but the Company was unable to fully pass on increases in raw material prices, labor costs and logistics costs to prices, causing operating income to turn from a profit in the same period of the previous year to a loss. The bottom line also fell into the red due in part to a loss on the cancellation of a land contract by an overseas subsidiary.

Worth reading
51Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
256
Millions of yen
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales28,641Millions of yenYear on year +1.3%Progress 49.4%
Operating profit-195Millions of yen
Ordinary income-215Millions of yen
Net income attributable to owners of the parent-232Millions of yen

The 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.

Net income per share-¥19.18
Financial position at period-end
Total assets42,391Millions of yen
of which net assets 17,327 Millions of yenEquity ratio 39.6%vs. prior year-end -1.0pt

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.

Cash inflows and outflows
Operating+331,952
Investment-589,974
Financials+265,790
Net change+7,768

Stacked from zero: upward is an increase in cash, downward a decrease (in Thousands of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period4,294,957 Thousands of yen
Segment revenue
Frozen Foods Division22,03376.9%+2.7%
Daily-Delivery Foods Division4,86217.0%-5.8%
Other segment1,7446.1%+5.7%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales58,000 Millions of yen (YoY +0.9%)
Operating profit400 Millions of yen (YoY -38.2%)
Ordinary income400 Millions of yen (YoY -41.7%)
Net income200 Millions of yen (YoY -61.1%)
Annual Dividend Forecast12 Yen → 12 Yen(0.0%)
Factors Behind Changes in Business Performance

Net sales increased due to the implementation of price revisions and other factors. Earnings deteriorated because the increases in costs resulting from higher raw material prices, labor costs and logistics costs had not been fully reflected in prices, among other factors. The bottom line fell into the red due to the recognition of a loss arising from the cancellation of a land contract by an overseas subsidiary and costs associated with relocating the Kanto Distribution Center.

Disclosure regarding the going concern assumption

Not applicable.

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 100 Thousands of yen / Gain on sale of investment securities 24,264 Thousands of yen / Extraordinary loss Loss on sale of non-current assets 1,050 Thousands of yen / Loss on disposal of fixed assets 13,795 Thousands of yen / Loss on contract cancellation 49,288 Thousands of yen / Restoration costs 40,000 Thousands of yen
Depreciation and amortization844,804 Thousands of yen
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End12,102,660 shares
Treasury Shares at Period-End5,081 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales28,641 Millions of yen (YoY +1.3%)
Operating profit-195 Millions of yen
Ordinary income-215 Millions of yen
Profit attributable to owners of the parent-232 Millions of yen
Net income per share-¥19.18
Equity ratioEnd of the current fiscal period 39.6 / End of previous period 40.6
Total assets42,391 Millions of yen
Net assets17,327 Millions of yen
Cash flows from operating activities331,952 Thousands of yen
Cash flows from investing activities-589,974 Thousands of yen
Cash flows from financing activities265,790 Thousands of yen
Cash and cash equivalents at end of period4,294,957 Thousands of yen
Full-year earnings forecastNet Sales 58,000 Millions of yen (YoY +0.9%) / Operating profit 400 Millions of yen (YoY -38.2%) / Ordinary income 400 Millions of yen (YoY -41.7%) / Net income 200 Millions of yen (YoY -61.1%)
Annual Dividend Forecast12 Yen → 12 Yen(0.0%)
Segment revenueFrozen Foods Division 22,033 Millions of yen (YoY +2.7%) / Daily-Delivery Foods Division 4,862 Millions of yen (YoY -5.8%) / Other segment 1,744 Millions of yen (YoY +5.7%)
Depreciation and amortization844,804 Thousands of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 100 Thousands of yen / Gain on sale of investment securities 24,264 Thousands of yen / Extraordinary loss Loss on sale of non-current assets 1,050 Thousands of yen / Loss on disposal of fixed assets 13,795 Thousands of yen / Loss on contract cancellation 49,288 Thousands of yen / Restoration costs 40,000 Thousands of yen
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End12,102,660 shares
Treasury Shares at Period-End5,081 shares
Factors Behind Changes in Business PerformanceNet sales increased due to the implementation of price revisions and other factors. Earnings deteriorated because the increases in costs resulting from higher raw material prices, labor costs and logistics costs had not been fully reflected in prices, among other factors. The bottom line fell into the red due to the recognition of a loss arising from the cancellation of a land contract by an overseas subsidiary and costs associated with relocating the Kanto Distribution Center.
Items this document does not state (9)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment profitRegional salesOrders received and order backlogImpairment lossMaterial subsequent events

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 increased due to the implementation of price revisions and other factors. On the earnings front, the Company posted an operating loss because the increases in raw material prices, labor costs and logistics costs had not been fully reflected in prices, among other factors. The interim net loss attributable to owners of the parent included a loss arising from the cancellation of a land contract by an overseas subsidiary and costs associated with relocating the Kanto Distribution Center, both recorded as extraordinary losses.

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.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | NittoBest Corporation (2877) timely disclosure | Komori