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Financial results presentation2908FUJICCO CO.,LTD.Food

Materials for the Financial Results Briefing for the Fiscal Year Ending March 2026

For the fiscal year ended March 2026, net sales decreased 2.7% year on year, while operating profit increased 29.7% and net income increased 50.1%, driven by structural reforms and selling, general and administrative expense controls. For the fiscal year ending March 2027, the company expects higher net sales and operating profit, but lower ordinary profit and net income.

Worth reading
57In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
335
Millions of yen (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationFiscal year ending March 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥55,534 million-2.7%
Operating profit¥1,466 million+29.7%
Ordinary income¥1,900 million+22.2%
Net income¥1,428 million+50.1%
Gross Profit Margin28.4 %
Operating profit margin2.6 %
Selling, general and administrative expenses¥14,318 million
Results for the three months of the current quarter
First quarter
Net Sales
¥13,836 million
Operating profit
¥242 million
Second quarter
Net Sales
¥13,908 million
Operating profit
¥264 million
Third quarter
Net Sales
¥14,982 million
Operating profit
¥774 million
Fourth quarter
Net Sales
¥12,807 million
Operating profit
¥185 million
Full-year earnings forecast
Net Sales
¥57,000 million
Operating profit
¥1,500 million
Ordinary income
¥1,800 million
Income before taxes
¥1,800 million
Net income
¥1,240 million
Earnings per share
¥43.55
Dividend per share
¥46
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Operating profit fell short of the revised forecast announced on 24 October. Sales of kelp products exceeded the plan, while sales of prepared foods, bean products, yogurt products and dessert products fell short of the plan.
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Operating profit versus prior year
Lower sales, etc.
¥-620 million
SG&A controls and structural reform effects
¥304 million
Other
¥121 million
Increase in operating profit
¥335 million
Operating profit versus revised forecast
Decrease in contribution profit due to lower sales, etc.
¥-700 million
Cost reductions, etc.
¥292 million
Other
¥153 million
Decrease in operating profit
¥-183 million
New initiatives
  • Launch of VOICE to VALUE activities
  • Using generative AI to identify and address customer complaints and needs
  • Building a CRM system that integrates customer feedback, social media and receipt data
  • Restarting the company-wide FCR initiative
  • Nationwide promotion of Caspian Sea yogurt
  • Expanding into Southeast Asia, starting with the acquisition of Thailand's FB Food Service
  • Advancing the factory consolidation and closure plan
Key KPIsA metric the company considers important as a management benchmark.
  • Employee Engagement6.79 Score
    Year on year against the same period last yearUp from 6.70
  • Paid leave utilization rate62.3 %
    Year on year against the same period last yearUp from 61.3%
  • Percentage of Female Managers11 %
    Year on year against the same period last yearUp from 10.3%
  • Male parental leave uptake rate86.4 %
    Year on year against the same period last yearUp from 53.3%
  • Equity ratio86.9 %
    Year on year against the same period last yearUp from 86.4%
Segment results
Prepared food products
Net Sales
¥17,655 million
Year-on-year (%)-7.4
Kelp products
Net Sales
¥16,348 million
Year-on-year (%)2.7
Bean products
Net Sales
¥10,146 million
Year-on-year (%)-3.2
Yogurt products
Net Sales
¥7,081 million
Year-on-year (%)4.8
Dessert Products
Net Sales
¥2,166 million
Year-on-year (%)-20.2
Other Products
Net Sales
¥2,135 million
Year-on-year (%)-0.1
Medium-term management plan targets
The targets are ROE of 3.0% for the fiscal year ending March 2027 and 3.0% for the fiscal year ending March 2028, and a PBR of 1.0x for the fiscal year ending March 2028.
Capital expenditures
¥3,300 million forecast for the fiscal year ending March 2027
Annual Dividend
¥46 per share
Interim¥23
End of period¥23
Acquisition of treasury shares
As historical results, the materials show ¥1.6 billion for the fiscal year ended March 2022 and ¥1.3 billion for the fiscal year ended March 2023. The repurchase limit for the current fiscal year is Not disclosed.
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFiscal year ending March 2026
Net Sales¥55,534 million (YoY -2.7%)
Operating profit¥1,466 million (YoY +29.7%)
Ordinary income¥1,900 million (YoY +22.2%)
Net income¥1,428 million (YoY +50.1%)
Gross Profit Margin28.4 %
Operating profit margin2.6 %
Selling, general and administrative expenses¥14,318 million
Results for the three months of the current quarterFirst quarter Net Sales ¥13,836 million / Operating profit ¥242 million / Second quarter Net Sales ¥13,908 million / Operating profit ¥264 million / Third quarter Net Sales ¥14,982 million / Operating profit ¥774 million / Fourth quarter Net Sales ¥12,807 million / Operating profit ¥185 million
Full-year earnings forecastNet Sales ¥57,000 million / Operating profit ¥1,500 million / Ordinary income ¥1,800 million / Income before taxes ¥1,800 million / Net income ¥1,240 million / Earnings per share ¥43.55 / Dividend per share ¥46
Self-assessment against the planOperating profit fell short of the revised forecast announced on 24 October. Sales of kelp products exceeded the plan, while sales of prepared foods, bean products, yogurt products and dessert products fell short of the plan.
Segment resultsPrepared food products Net Sales ¥17,655 million / Year-on-year (%) -7.4 / Kelp products Net Sales ¥16,348 million / Year-on-year (%) 2.7 / Bean products Net Sales ¥10,146 million / Year-on-year (%) -3.2 / Yogurt products Net Sales ¥7,081 million / Year-on-year (%) 4.8 / Dessert Products Net Sales ¥2,166 million / Year-on-year (%) -20.2 / Other Products Net Sales ¥2,135 million / Year-on-year (%) -0.1
Breakdown of Factors Affecting the ChangeOperating profit versus prior year Lower sales, etc. ¥-620 million / SG&A controls and structural reform effects ¥304 million / Other ¥121 million / Increase in operating profit ¥335 million / Operating profit versus revised forecast Decrease in contribution profit due to lower sales, etc. ¥-700 million / Cost reductions, etc. ¥292 million / Other ¥153 million / Decrease in operating profit ¥-183 million
Key KPIsIndicator name Employee Engagement / Value 6.79 Score / Year on year against the same period last year Up from 6.70, Indicator name Paid leave utilization rate / Value 62.3 % / Year on year against the same period last year Up from 61.3%, Indicator name Percentage of Female Managers / Value 11 % / Year on year against the same period last year Up from 10.3%, Indicator name Male parental leave uptake rate / Value 86.4 % / Year on year against the same period last year Up from 53.3%, Indicator name Equity ratio / Value 86.9 % / Year on year against the same period last year Up from 86.4%
Medium-term management plan targetsThe targets are ROE of 3.0% for the fiscal year ending March 2027 and 3.0% for the fiscal year ending March 2028, and a PBR of 1.0x for the fiscal year ending March 2028.
Annual Dividend¥46 per share
Acquisition of treasury sharesAs historical results, the materials show ¥1.6 billion for the fiscal year ended March 2022 and ¥1.3 billion for the fiscal year ended March 2023. The repurchase limit for the current fiscal year is Not disclosed.
Capital expenditures¥3,300 million (forecast for the fiscal year ending March 2027)
New initiativesLaunch of VOICE to VALUE activities, Using generative AI to identify and address customer complaints and needs, Building a CRM system that integrates customer feedback, social media and receipt data, Restarting the company-wide FCR initiative, Nationwide promotion of Caspian Sea yogurt, Expanding into Southeast Asia, starting with the acquisition of Thailand's FB Food Service, Advancing the factory consolidation and closure plan
Items this document does not state (11)
Progress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsPayout ratioOrders received and order backlogMarket Size / ShareKey points of the Q&A

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.

During the fiscal year, profits were boosted by controls on fixed selling, general and administrative expenses through structural reforms, business reorganization, the consolidation and closure of factories, and advertising and promotional spending focused on ROI. Net sales declined due to lower sales volumes, the transfer of shares in Foods Palette, and weak sales of Chinese prepared foods and chilled prepared foods, among other factors.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Materials for the Financial Results Briefing for the Fiscal Year Ending March 2026 | FUJICCO CO.,LTD. (2908) timely disclosure | Komori