Worth reading
69In 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
267
Millions of yen (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsSecond quarter (interim period) of the fiscal year ending March 202712 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥27,860 million
Operating profit¥773 million
Net income¥653 million net income attributable to owners of the parent
Operating profit margin2.8 %
Full-year earnings forecast
Net Sales
¥57,000 million
Operating profit
¥1,500 million
Profit attributable to owners of the parent
¥1,240 million
EPS
¥43.55
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Sales were almost in line with plan. Profit substantially exceeded plan.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- The factor name cannot be determined from the transcription of the main text¥276 million
- The factor name cannot be determined from the transcription of the main text¥164 million
- The factor name cannot be determined from the transcription of the main text¥115 million
- The factor name cannot be determined from the transcription of the main text¥142 million
- The factor name cannot be determined from the transcription of the main text¥83 million
- The factor name cannot be determined from the transcription of the main text¥76 million
- The factor name cannot be determined from the transcription of the main text¥13 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Take a cautious view of consumer trends and the outlook for raw material prices (numerical assumptions: Not disclosed)New initiatives
- 3-brand joint campaign, “Fujicco Big Appreciation Festival”
- Establishing the structure needed to expand yogurt production capacity
- Rebuilding the flagship Omamesan bean-products brand
- Strengthening kelp sales through e-commerce and in overseas markets
- Diversifying raw material procurement and expanding the use of fresh kelp
Key KPIsA metric the company considers important as a management benchmark.
- Kelp tsukudani market share54.8 %
- Market growth rate relative to the size of the yogurt market
- Fujicco's year-on-year yogurt sales122 %
- Simplified ROIC1.6 % full-year estimate
- ROE1.8 %
Segment results
Prepared foods
Net Sales
¥9,157 million
Kelp
Net Sales
¥8,229 million
Beans
Net Sales
¥4,236 million
Yogurt
Net Sales
¥4,032 million
Dessert
Net Sales
¥1,241 million
Other
Net Sales
¥963 million
Medium-term management plan targets
Target fiscal yearFiscal year ending March 2028
Net Sales
¥60,000 million
Operating profit
¥3,000 million
Operating profit margin
5 %
Profit attributable to owners of the parent
¥1,800 million
ROE
3 %
EPS
¥63.21
Financial targets
ROICAbove WACC
ROE
3 % target for the fiscal year ending March 2028
Market Size / Share
Kelp tsukudani market share
54.8 % second quarter of the fiscal year ending March 2027
Yogurt market sizeGraph included; figures cannot be determined from the transcription of the main text
Capital expenditures
¥2,700 million full-year plan for the fiscal year ending March 2027
Annual Dividend
¥46 /share
Acquisition of treasury shares
Share repurchases will also be considered as an option (purchase limit, number of shares and period: Not disclosed)| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Second quarter (interim period) of the fiscal year ending March 2027 |
| Net Sales | ¥27,860 million |
| Operating profit | ¥773 million |
| Net income | ¥653 million (net income attributable to owners of the parent) |
| Operating profit margin | 2.8 % |
| Full-year earnings forecast | Net Sales ¥57,000 million / Operating profit ¥1,500 million / Profit attributable to owners of the parent ¥1,240 million / EPS ¥43.55 |
| Self-assessment against the plan | Sales were almost in line with plan. Profit substantially exceeded plan. |
| Segment results | Prepared foods Net Sales ¥9,157 million / Profit Not disclosed / Kelp Net Sales ¥8,229 million / Profit Not disclosed / Beans Net Sales ¥4,236 million / Profit Not disclosed / Yogurt Net Sales ¥4,032 million / Profit Not disclosed / Dessert Net Sales ¥1,241 million / Profit Not disclosed / Other Net Sales ¥963 million / Profit Not disclosed |
| Breakdown of Factors Affecting the Change | Factors The factor name cannot be determined from the transcription of the main text / Amount ¥276 million, Factors The factor name cannot be determined from the transcription of the main text / Amount ¥164 million, Factors The factor name cannot be determined from the transcription of the main text / Amount ¥115 million, Factors The factor name cannot be determined from the transcription of the main text / Amount ¥142 million, Factors The factor name cannot be determined from the transcription of the main text / Amount ¥83 million, Factors The factor name cannot be determined from the transcription of the main text / Amount ¥76 million, Factors The factor name cannot be determined from the transcription of the main text / Amount ¥13 million |
| Key KPIs | Indicator name Kelp tsukudani market share / Value 54.8 % / Year on year against the same period last year Not disclosed, Indicator name Market growth rate relative to the size of the yogurt market / Value Not disclosed / Year on year against the same period last year Not disclosed, Indicator name Fujicco's year-on-year yogurt sales / Value 122 % / Year on year against the same period last year Not disclosed, Indicator name Simplified ROIC / Value 1.6 % (full-year estimate) / Year on year against the same period last year Not disclosed, Indicator name ROE / Value 1.8 % / Year on year against the same period last year Not disclosed |
| Assumptions Underlying the Business Outlook | Take a cautious view of consumer trends and the outlook for raw material prices (numerical assumptions: Not disclosed) |
| Medium-term management plan targets | Target fiscal year Fiscal year ending March 2028 / Net Sales ¥60,000 million / Operating profit ¥3,000 million / Operating profit margin 5 % / Profit attributable to owners of the parent ¥1,800 million / ROE 3 % / EPS ¥63.21 |
| Financial targets | ROIC Above WACC / ROE 3 % (target for the fiscal year ending March 2028) |
| Annual Dividend | ¥46 /share |
| Acquisition of treasury shares | Share repurchases will also be considered as an option (purchase limit, number of shares and period: Not disclosed) |
| Capital expenditures | ¥2,700 million (full-year plan for the fiscal year ending March 2027) |
| Market Size / Share | Kelp tsukudani market share 54.8 % (second quarter of the fiscal year ending March 2027) / Yogurt market size Graph included; figures cannot be determined from the transcription of the main text |
| New initiatives | 3-brand joint campaign, “Fujicco Big Appreciation Festival”, Establishing the structure needed to expand yogurt production capacity, Rebuilding the flagship Omamesan bean-products brand, Strengthening kelp sales through e-commerce and in overseas markets, Diversifying raw material procurement and expanding the use of fresh kelp |
Items this document does not state (12)
Ordinary incomeGross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookPayout ratioOrders received and order backlogKey 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.Scrutiny of the return on advertising expenditure, optimization of personnel allocation through business restructuring and organizational integration, including the absorption-type merger of the deli subsidiary, and partial absorption of the impact of rising costs, including raw material and energy costs, through the price revisions implemented in April this year. The company cited its cautious estimates for consumer trends and the outlook for raw material prices as the reason for leaving its full-year forecast unchanged.
How to read this page
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