Results for this period
Full year1 April 2025–31 March 2026Non-consolidated (standalone)Japanese 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.
The gross margin declined as discounting increased to accommodate consumers’ preference for lower prices, and gross profit decreased in line with the decline in net sales. Although sales in the boneless fish business recovered in the second half, the recovery did not offset the decline through the interim accounting period. The meat business recorded higher sales as sales of “American Dog” products recovered, while the other businesses recovered in the second half through new sales of boiled oysters and other factors.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥25,053 million (YoY -2.6%) |
| Operating profit | ¥660 million (YoY -21.5%) |
| Ordinary income | ¥693 million (YoY -17.9%) |
| Profit attributable to owners of the parent | ¥482 million |
| Net income per share | ¥82.09 |
| Operating Margin | 2.6% |
| Equity ratio | End of the current fiscal period 78.0% / End of previous period 76.4% |
| Total assets | ¥11,313 million |
| Net assets | ¥8,823 million |
| Cash flows from operating activities | ¥309 million |
| Cash flows from investing activities | ¥-31 million |
| Cash flows from financing activities | ¥-468 million |
| Cash and cash equivalents at end of period | ¥3,577 million |
| Full-year earnings forecast | Net Sales ¥25,200 million (YoY +0.6%) / Operating profit ¥780 million (YoY +18.1%) / Ordinary income ¥780 million (YoY +12.5%) / Net income ¥525 million (YoY +8.8%) |
| Annual Dividend Forecast | ¥60 → ¥60（0.0%） |
| Payout ratio | 67.0% |
| Depreciation and amortization | ¥65,306 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥1,423 thousand |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 6,008,300 shares |
| Treasury Shares at Period-End | 149,527 shares |
| Factors Behind Changes in Business Performance | The gross margin declined as discounting increased to accommodate consumers’ preference for lower prices, and gross profit decreased in line with the decline in net sales. Although sales in the boneless fish business recovered in the second half, the recovery did not offset the decline through the interim accounting period. The meat business recorded higher sales as sales of “American Dog” products recovered, while the other businesses recovered in the second half through new sales of boiled oysters and other factors. |
Items this document does not state (8)
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.The gross margin declined as discounting increased to accommodate consumers’ preference for lower prices, and gross profit decreased in line with the decline in net sales. For the next fiscal year, the Company expects sales and gross margin to improve through expanded sales of new low-priced products and products for the food-service market, as well as reductions in procurement costs.