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Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated)

In the first quarter of the fiscal year ending March 2027, net sales increased 2.3% year on year and operating income increased 33.0%, resulting in higher sales and higher profit. The full-year earnings forecasts were unchanged, while the annual dividend forecast changed from ¥145, the actual dividend for the previous fiscal year, to ¥150.

Worth reading
38Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
33
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales17,581¥ millionYear on year +2.3%Progress 26.8%
Operating profit1,039¥ millionYear on year +33.0%Progress 54.7%
Ordinary income1,065¥ millionYear on year +19.2%Progress 53.3%
Net income attributable to owners of the parent729¥ millionYear on year +14.8%Progress 48.6%

The 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.

Net income per share¥151.68
Financial position at period-end
Total assets51,288¥ million
of which net assets 30,195 ¥ millionEquity ratio 58.9%vs. prior year-end -0.7pt

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.

Segment revenuenot disclosed (omitted because the company has a single segment)
Segment profitnot disclosed (omitted because the company has a single segment)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥65,500 million (YoY +4.0%)
Operating profit¥1,900 million (YoY +51.8%)
Ordinary income¥2,000 million (YoY +27.5%)
Net income¥1,500 million (YoY +28.3%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast¥145 → ¥150
Factors Behind Changes in Business Performance

Increased demand during the extended holiday period, a recovery in demand from the food-service industry, higher sales of products for the rice-cracker market and high-value-added products, and increased production volumes and higher selling prices for some by-products. Meanwhile, sales volumes of starch for paper manufacturers declined as a result of digitalization, while procurement costs for raw materials increased because of the weaker yen and higher ocean freight rates.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNone (no material change)
Breakdown of extraordinary income (loss)No extraordinary loss was recorded for the period (shown as “-” in the table)
Depreciation and amortization¥691 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no eligible attendees)
Issued Shares at Period-End4,942,868 shares
Treasury Shares at Period-End166,740 treasury shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥17,581 million (YoY +2.3%)
Operating profit¥1,039 million (YoY +33.0%)
Ordinary income¥1,065 million (YoY +19.2%)
Profit attributable to owners of the parent¥729 million (YoY +14.8%)
Net income per share¥151.68
Equity ratioEnd of the current fiscal period 58.9 / End of previous period 59.6
Total assets¥51,288 million
Net assets¥30,195 million
Full-year earnings forecastNet Sales ¥65,500 million (YoY +4.0%) / Operating profit ¥1,900 million (YoY +51.8%) / Ordinary income ¥2,000 million (YoY +27.5%) / Net income ¥1,500 million (YoY +28.3%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast¥145 → ¥150
Segment revenuenot disclosed (omitted because the company has a single segment)
Segment profitnot disclosed (omitted because the company has a single segment)
Depreciation and amortization¥691 million
Breakdown of extraordinary income (loss)No extraordinary loss was recorded for the period (shown as “-” in the table)
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNone (no material change)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no eligible attendees)
Issued Shares at Period-End4,942,868 shares
Treasury Shares at Period-End166,740 treasury shares
Factors Behind Changes in Business PerformanceIncreased demand during the extended holiday period, a recovery in demand from the food-service industry, higher sales of products for the rice-cracker market and high-value-added products, and increased production volumes and higher selling prices for some by-products. Meanwhile, sales volumes of starch for paper manufacturers declined as a result of digitalization, while procurement costs for raw materials increased because of the weaker yen and higher ocean freight rates.
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial subsequent events

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 food starch and saccharified products remained firm, supported by increased demand during the extended holiday period and a recovery in demand from the food-service industry. Sales of by-products increased due to higher shipments of main products and higher selling prices for some products. Meanwhile, procurement costs for raw materials increased because of the weaker yen and higher ocean freight rates, while sales volumes of starch for paper manufacturers declined as a result of digitalization.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) | NIHON SHOKUHIN KAKO CO.,LTD. (2892) timely disclosure | Komori