Revised forecast
Fiscal year ending February 2026 · Full yearPrevious forecast published 14 January 2026The 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.
For scallop meat, controlling sales volumes, lower catches, and higher costs resulting from increased purchase prices weighed on profit. For boiled scallops, inventories were conservatively written down due to a decline in domestic market prices, resulting in a write-down of ¥480 million. In the overseas business, profit recovery fell short of the initial assumptions due to an economic slowdown in Singapore and weak demand from the food-service industry.
Conservative write-down of inventories related to boiled scallops: ¥480 million
| Item | Details |
|---|---|
| Net Sales | ¥56,400 million → ¥57,484 million（+1.9%） |
| Operating profit | ¥2,800 million → ¥1,568 million（-44.0%） |
| Ordinary income | ¥2,800 million → ¥1,692 million（-39.6%） |
| Profit attributable to owners of the parent | ¥1,600 million → ¥918 million（-42.6%） |
| Net income per share | 67.05 yen and sen → 38.5 yen and sen |
| Fiscal Period Covered | Fiscal year ending February 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 January 2026 |
| Previous-period results | Actual results for the fiscal year ended February 2025: consolidated net sales of ¥58,110 million, consolidated operating income of ¥4,161 million, consolidated ordinary income of ¥4,251 million, net income attributable to owners of the parent of ¥1,861 million, and consolidated net income per share of ¥78.13. |
| Reason for the revision | For scallop meat, controlling sales volumes, lower catches, and higher costs resulting from increased purchase prices weighed on profit. For boiled scallops, inventories were conservatively written down due to a decline in domestic market prices, resulting in a write-down of ¥480 million. In the overseas business, profit recovery fell short of the initial assumptions due to an economic slowdown in Singapore and weak demand from the food-service industry. |
| Details and amount of extraordinary loss | Conservative write-down of inventories related to boiled scallops: ¥480 million |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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 main reasons for the earnings shortfall were the scallop-related business, where sales volumes were controlled, costs rose due to lower catches and higher purchase prices, and inventory was written down following a decline in domestic market prices. In the overseas business, an economic slowdown in Singapore and weak demand from the food-service industry also contributed to the delay in profit recovery.