Manufacturing Revenue Growth and Profit Decline Amid Domestic Growth and Overseas Margin Pressure

「Domestic manufacturing subsidiaries reported higher revenue and profit as a result of the addition of 十二堂株式会社 to the group and efforts to improve production efficiency and reduce expenses, including logistics costs, despite weaker sales to retailers such as supermarkets. Overseas manufacturing subsidiaries reported higher revenue but lower profit: sales to hotels and restaurants began to recover as restrictions on socioeconomic activity related to COVID-19 were eased, but they were affected by soaring raw material prices. As a result, sales to external customers were ¥12,098,466 thousand, up 9.3% year on year, and segment profit was ¥371,177 thousand, down 19.9%.」