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Revision of earnings forecasts2923SATO FOODS CO.,LTD.Food

Financial Results for the Fiscal Year Ended April 2026 (Japanese GAAP) (Consolidated)

Consolidated results for the fiscal year ended April 2026 exceeded the previous year in both net sales and profit. Meanwhile, the consolidated earnings forecast and dividend for the fiscal year ending April 2027 remain undecided due to geopolitical risks and rising costs, and will be disclosed as soon as they can be reasonably calculated.

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Revised forecast

Fiscal year ending April 2027 · Full year
Reason for the revision

In light of the uncertain outlook, including the impact of geopolitical risks arising from the unstable international situation, persistently high energy prices, rising labor and logistics costs, changes in financial conditions, and surging raw material and other prices, the earnings forecast will remain undecided. It will be disclosed promptly once a reasonable calculation becomes possible.

Details and amount of extraordinary loss

Impairment loss: ¥82.566 million; loss on valuation of investment securities: ¥9.991 million; total extraordinary losses: ¥92.558 million (fiscal year ended April 2026)

Previous-period resultsNet sales: ¥51,775 million; operating profit: ¥3,336 million; ordinary profit: ¥3,589 million; profit attributable to owners of parent: ¥2,800 million; basic earnings per share: ¥555.30 (fiscal year ended April 2026)
Dividend forecast revisionThe dividend for the fiscal year ending April 2027 remains undecided at this time.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Fiscal Period CoveredFiscal year ending April 2027
Period CoveredFull year
Previous-period resultsNet sales: ¥51,775 million; operating profit: ¥3,336 million; ordinary profit: ¥3,589 million; profit attributable to owners of parent: ¥2,800 million; basic earnings per share: ¥555.30 (fiscal year ended April 2026)
Reason for the revisionIn light of the uncertain outlook, including the impact of geopolitical risks arising from the unstable international situation, persistently high energy prices, rising labor and logistics costs, changes in financial conditions, and surging raw material and other prices, the earnings forecast will remain undecided. It will be disclosed promptly once a reasonable calculation becomes possible.
Details and amount of extraordinary lossImpairment loss: ¥82.566 million; loss on valuation of investment securities: ¥9.991 million; total extraordinary losses: ¥92.558 million (fiscal year ended April 2026)
Dividend forecast revisionThe dividend for the fiscal year ending April 2027 remains undecided at this time.
Consolidated / non-consolidatedConsolidated
Items this document does not state (6)
Net SalesOperating profitOrdinary incomeProfit attributable to owners of the parentNet income per sharePublication date of previous forecast

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.

The reasons for leaving the earnings forecast for the fiscal year ending April 2027 undecided include geopolitical risks arising from the unstable international situation, persistently high energy prices, rising labor and logistics costs, changes in financial conditions, and surging raw material prices. The increase in net sales and profit for the fiscal year ended April 2026 was attributed to steady sales of packaged cooked rice and packaged rice cake products, a shift in demand toward packaged rice cakes, product price revisions, the absorption of higher raw material and logistics costs through the effect of increased sales, lower depreciation expense, gains on sales of investment securities, and the effect of a lower tax burden.

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Financial Results for the Fiscal Year Ended April 2026 (Japanese GAAP) (Consolidated) | SATO FOODS CO.,LTD. (2923) timely disclosure | Komori