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Yoshimura Food Holdings K.K. (2884) · FactFirst stated

Revenue Growth and Profit Decline in the Manufacturing Business with Contributions from 香り芽本舗

First written in FY2021-Q3. . Latest entry: FY2021-Q3.

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Manufacturing revenue growth and profit decline following the consolidation of 香り芽本舗 into the group and lower revenue at overseas subsidiariesA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2021-Q3First statedAnnual report

    「Against this backdrop, domestic subsidiaries reported higher revenue and earnings as stay-at-home demand increased amid the spread of COVID-19 and 株式会社香り芽本舗 was brought into the Group. Overseas subsidiaries, however, reported lower revenue and earnings due to the impact of the partial lockdown in the second quarter and lower sales to hotels and other customers. As a result, revenue was ¥16,424.265 million, up 7.2% year on year, while profit was ¥487.567 million, down 18.4%.」

    The Manufacturing Business generated higher revenue as a result of the integration of 香り芽本舗 into the Group and domestic stay-at-home demand, while profit declined 18.4% year on year due to lower revenue at overseas subsidiaries.
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Revenue Growth and Profit Decline in the Manufacturing Business with Contributions from 香り芽本舗 | Yoshimura Food Holdings K.K. (2884) | Komori