Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese 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 Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Firm sales of starch products, supported by the recovery in demand from the food-service industry and other factors; lower sales of saccharified products due to consumers' increased preference for saving and weather-related factors; and a decline in share of profit from investments accounted for under the equity method due to weak performance at overseas affiliates.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | 62,993 Millions of yen (YoY +0.5%) |
| Operating profit | 1,251 Millions of yen (YoY +4.2%) |
| Ordinary income | 1,568 Millions of yen (YoY -18.1%) |
| Profit attributable to owners of the parent | 1,168 Millions of yen (YoY -23.5%) |
| Net income per share | ¥238.55 |
| Operating Margin | 2.0% |
| Equity ratio | End of the current fiscal period 59.6% / End of previous period 56.7% |
| Total assets | 50,656 Millions of yen |
| Net assets | 30,186 Millions of yen |
| Cash flows from operating activities | 6,859 Millions of yen |
| Cash flows from investing activities | -3,064 Millions of yen |
| Cash flows from financing activities | -3,702 Millions of yen |
| Cash and cash equivalents at end of period | 333 Millions of yen |
| Full-year earnings forecast | Net Sales 65,500 Millions of yen (YoY +4.0%) / Operating profit 1,900 Millions of yen (YoY +51.8%) / Ordinary income 2,000 Millions of yen (YoY +27.5%) / Profit attributable to owners of the parent 1,500 Millions of yen (YoY +28.3%) |
| Annual Dividend Forecast | ¥145 → ¥150（+3.4%） |
| Payout ratio | 60.8% (fiscal year ended March 2026), 47.3% (forecast for fiscal year ending March 2027) |
| Shareholder Return Policy | Stable dividends, targeting DOE (dividend on equity) of at least 2.5% |
| Depreciation and amortization | 3,109 Millions of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on sale of investment securities 4 Millions of yen |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | Additions: 0 companies; removals: 0 companies (no significant changes) |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 4,942,868 |
| Treasury Shares at Period-End | 102,040 |
| Factors Behind Changes in Business Performance | Firm sales of starch products, supported by the recovery in demand from the food-service industry and other factors; lower sales of saccharified products due to consumers' increased preference for saving and weather-related factors; and a decline in share of profit from investments accounted for under the equity method due to weak performance at overseas affiliates. |
Items this document does not state (6)
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.Sales of starch products remained firm, supported by the recovery in demand from the food-service industry and other factors, while sales of saccharified products declined due to consumers' increased preference for saving and weather-related factors. Share of profit from investments accounted for under the equity method also declined because of weak performance at overseas affiliates. For the fiscal year ending March 2027, the company expects to expand sales in the solutions business, reduce manufacturing costs, and improve costs at overseas affiliates.