Worth reading
63In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
28
Operating profit year-on-year change (%)Wording
Conditional
How definitive the wording is.Results for this period
Full year2023年３月１日〜2024年２月29日ConsolidatedJapanese GAAPNet Sales207,009¥ millionYear on year +6.5%Progress 90.0%
Operating profit6,380¥ millionYear on year +28.0%Progress 141.8%
Ordinary income6,824¥ millionYear on year +47.4%Progress 145.2%
Net income attributable to owners of the parent4,273¥ millionYear on year +52.0%Progress 152.6%
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 share244円71銭
Operating MarginCurrent fiscal year 3.1% / Previous period 2.6%
Financial position at period-end
Total assets101,960¥ million
of which net assets 54,309 ¥ millionEquity ratio 52.3%vs. prior year-end -2.2pt
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.
Cash inflows and outflows
Operating+9,372
Investment-13,542
Financials+845
Net change-3,325
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥8,122 million
Segment revenueFood-Related Business ¥180,608 million (YoY +6.5%), Food-materials-related business ¥11,362 million (YoY -0.3%), Logistics-related business ¥12,895 million (YoY -0.5%), Other ¥2,143 million (YoY +322.2%)
Segment profitFood-Related Business ¥5,929 million (YoY +17.6%), Food-materials-related business ¥323 million (YoY +268.3%), Logistics-related business ¥704 million (YoY +9.6%), Other ¥173 million
Regional sales¥190,345 million, ¥16,633 million, ¥30 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥230,000 million (YoY +11.1%)
Operating profit¥4,500 million (YoY -29.5%)
Ordinary income¥4,700 million (YoY -31.1%)
Net income¥2,800 million (YoY -34.5%)
Annual Dividend Forecast¥90 → ¥90
Payout ratio2024年２月期 36.8%、2025年２月期予想 56.1%
Shareholder Return PolicyStable and continuous dividend payments with a consolidated dividend payout ratio of approximately 40% as a guideline
Factors Behind Changes in Business Performance
食品関連事業における売上回復効果や商品規格の見直しにより増益となった一方、原材料価格や労働コスト上昇の影響を受けた。
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 Yes見積りの変更 Yes修正再表示 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Material subsequent events2024年３月31日に、連結子会社が株式会社ヒガシヤデリカの食品製造事業および北関東工場の建物・設備等を取得した。取得対価は暫定で2,725百万円。
Impairment loss¥939 million
Breakdown of extraordinary income (loss)Extraordinary income No / Extraordinary loss Impairment Losses ¥939 million
Depreciation and amortization¥4,970 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End17,625,660 Shares
Treasury Shares at Period-End161,475 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2023年３月１日〜2024年２月29日 |
| Net Sales | ¥207,009 million (YoY +6.5%) |
| Operating profit | ¥6,380 million (YoY +28.0%) |
| Ordinary income | ¥6,824 million (YoY +47.4%) |
| Profit attributable to owners of the parent | ¥4,273 million (YoY +52.0%) |
| Net income per share | 244円71銭 |
| Operating Margin | Current fiscal year 3.1% / Previous period 2.6% |
| Equity ratio | End of the current fiscal period 52.3% / End of previous period 54.5% |
| Total assets | ¥101,960 million |
| Net assets | ¥54,309 million |
| Cash flows from operating activities | ¥9,372 million |
| Cash flows from investing activities | ¥-13,542 million |
| Cash flows from financing activities | ¥845 million |
| Cash and cash equivalents at end of period | ¥8,122 million |
| Full-year earnings forecast | Net Sales ¥230,000 million (YoY +11.1%) / Operating profit ¥4,500 million (YoY -29.5%) / Ordinary income ¥4,700 million (YoY -31.1%) / Net income ¥2,800 million (YoY -34.5%) |
| Annual Dividend Forecast | ¥90 → ¥90 |
| Payout ratio | 2024年２月期 36.8%、2025年２月期予想 56.1% |
| Shareholder Return Policy | Stable and continuous dividend payments with a consolidated dividend payout ratio of approximately 40% as a guideline |
| Segment revenue | Food-Related Business ¥180,608 million (YoY +6.5%), Food-materials-related business ¥11,362 million (YoY -0.3%), Logistics-related business ¥12,895 million (YoY -0.5%), Other ¥2,143 million (YoY +322.2%) |
| Segment profit | Food-Related Business ¥5,929 million (YoY +17.6%), Food-materials-related business ¥323 million (YoY +268.3%), Logistics-related business ¥704 million (YoY +9.6%), Other ¥173 million |
| Regional sales | ¥190,345 million, ¥16,633 million, ¥30 million |
| Depreciation and amortization | ¥4,970 million |
| Impairment loss | ¥939 million |
| Breakdown of extraordinary income (loss) | Extraordinary income No / Extraordinary loss Impairment Losses ¥939 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes Yes / Change in accounting estimate Yes / Restatement No |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name None |
| Material subsequent events | 2024年３月31日に、連結子会社が株式会社ヒガシヤデリカの食品製造事業および北関東工場の建物・設備等を取得した。取得対価は暫定で2,725百万円。 |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 17,625,660 Shares |
| Treasury Shares at Period-End | 161,475 Shares |
| Factors Behind Changes in Business Performance | 食品関連事業における売上回復効果や商品規格の見直しにより増益となった一方、原材料価格や労働コスト上昇の影響を受けた。 |
Items this document does not state (2)
Revision to Earnings ForecastOrders received and order backlog
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.食品関連事業の売上回復効果や商品規格の見直しが増益に寄与した一方、原材料価格・労働コスト上昇の影響を受けた。次期は、海外食品関連事業の増収効果や工場初動経費の剥落を見込む一方、国内の工場再編費用や原材料費・人件費などのコスト上昇を見込んでいる。
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.