Worth reading
79Important
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
31.1
¥100 million (year-on-year increase in consolidated revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings summaryFirst quarter of the fiscal year ending June 202711 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales11,568 Millions of yen+36.9%
Operating profit1,623 Millions of yen+41.2%
Ordinary income1,491 Millions of yen
Results for the three months of the current quarter
Net Sales
11,568 Millions of yen
Operating profit
1,623 Millions of yen
Ordinary income
1,491 Millions of yen
Full-year earnings forecast
Net Sales
48,333 Millions of yen
Operating profit
4,365 Millions of yen
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Overseas wholesale business net sales
25 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Generally in line with planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Consolidated revenue
Foreign-currency translation impact491
Other2,625
Consolidated operating profit
Foreign-currency translation impact71
Increase in sales802
Gross Margin-165
Selling, general and administrative expenses-234
Domestic processing business profit
Increase in sales370
Gross Margin127
Selling, general and administrative expenses2
Overseas processing business profit
Increase in sales119
Gross Margin-145
Selling, general and administrative expenses-52
Foreign-currency translation impact-4
Overseas wholesale business profit
Increase in sales162
Gross Margin53
Selling, general and administrative expenses-42
Foreign-currency translation impact39
Newly established subsidiary-33
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
2027 Domestic Landings Volume5,000 tonnes
Overseas Aquaculture Selling PriceAssumed to be at approximately the same level as the previous year
Roe Unit PriceNo further increase is assumed
Overseas Wholesale Business GrowthAssume the same pace as before
New initiatives
- 泊川 intermediate aquaculture facility scheduled to begin operations in October 2026
- Established a joint-investment company with Yakumo Town, Hokkaido, and the Hiyama Fisheries Cooperative Association
- Iwanai Town, the Iwanai District Fisheries Cooperative Association and JSF entered into a tripartite agreement
- Introduced a second barge, scheduled to begin operations from the end of 2026
- Established a Netherlands subsidiary and began sales
- Began sales through its Hong Kong subsidiary
Key KPIsA metric the company considers important as a management benchmark.
- Domestic aquaculture volume5,000 tonnesYear on year against the same period last yearIncrease of 1,617 tons year on year (2027 harvest target)
- Overseas wholesale business net sales4,648 Millions of yenYear on year against the same period last year+46.3%
- Progress against the full-year plan for overseas wholesale revenue25 %
- Number of Japanese Restaurants in Asia12.2 10,000 stores
- Total Number of Japanese Restaurants in Countries of Operation20,000 locationsYear on year against the same period last yearGrowth rate: +4%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
- Domestic aquaculture volume5,000 tonnesYear on year against the same period last yearIncrease of 1,617 tons
- Sales volume of salmon roe products in the domestic processing businessYear on year against the same period last yearHigher than the previous year
- Overseas wholesale business net sales4,648 Millions of yenYear on year against the same period last year+46.3%
Segment results
Aquaculture
Net Sales
1,235 Millions of yen
Year-on-Year Change in Revenue (%)-9.1
Segment profit
427 Millions of yen
Profit year-on-year change_pct-23.4
Domestic processing
Net Sales
4,097 Millions of yen
Year-on-Year Change in Revenue (%)61.6
Segment profit
965 Millions of yen
Profit year-on-year change_pct107.7
Overseas processing
Net Sales
4,156 Millions of yen
Year-on-Year Change in Revenue (%)32.4
Segment profit
61 Millions of yen
Profit year-on-year change_pct-57.3
Overseas wholesale
Net Sales
4,648 Millions of yen
Year-on-Year Change in Revenue (%)46.3
Segment profit
353 Millions of yen
Profit year-on-year change_pct104.1
Medium-term management plan targets
Target fiscal yearFiscal year ending June 2030
Domestic Landings Volume
12,000 tonnes
Overseas wholesale business net sales
25,000 Millions of yen
Market Size / Share
Number of Japanese Restaurants in Asia
12.2 10,000 stores
Total Number of Japanese Restaurants in Countries of Operation
20,000 locations
Growth Rate in Countries of Operation
4 %
Number of stores and locations
Number at period-endThe overseas wholesale business has operations in 7 regions
Number of store openings and closures during the periodEstablished a base in the Netherlands and began sales through its Hong Kong and Netherlands subsidiaries
Annual Dividend
Annual dividend per share
9 Yen
Interim
4 Yen
End of period
5 Yen
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings summary |
| Fiscal Period Covered | First quarter of the fiscal year ending June 2027 |
| Net Sales | 11,568 Millions of yen (YoY +36.9%) |
| Operating profit | 1,623 Millions of yen (YoY +41.2%) |
| Ordinary income | 1,491 Millions of yen |
| Results for the three months of the current quarter | Net Sales 11,568 Millions of yen / Operating profit 1,623 Millions of yen / Ordinary income 1,491 Millions of yen |
| Full-year earnings forecast | Net Sales 48,333 Millions of yen / Operating profit 4,365 Millions of yen / Ordinary income Not disclosed / Net income Not disclosed |
| Progress against full-year forecast | Overseas wholesale business net sales 25 % |
| Self-assessment against the plan | Generally in line with plan |
| Segment results | Aquaculture Net Sales 1,235 Millions of yen / Year-on-Year Change in Revenue (%) -9.1 / Segment profit 427 Millions of yen / Profit year-on-year change_pct -23.4 / Domestic processing Net Sales 4,097 Millions of yen / Year-on-Year Change in Revenue (%) 61.6 / Segment profit 965 Millions of yen / Profit year-on-year change_pct 107.7 / Overseas processing Net Sales 4,156 Millions of yen / Year-on-Year Change in Revenue (%) 32.4 / Segment profit 61 Millions of yen / Profit year-on-year change_pct -57.3 / Overseas wholesale Net Sales 4,648 Millions of yen / Year-on-Year Change in Revenue (%) 46.3 / Segment profit 353 Millions of yen / Profit year-on-year change_pct 104.1 |
| Breakdown of Factors Affecting the Change | Consolidated revenue Foreign-currency translation impact 491 / Other 2,625 / Consolidated operating profit Foreign-currency translation impact 71 / Increase in sales 802 / Gross Margin -165 / Selling, general and administrative expenses -234 / Domestic processing business profit Increase in sales 370 / Gross Margin 127 / Selling, general and administrative expenses 2 / Overseas processing business profit Increase in sales 119 / Gross Margin -145 / Selling, general and administrative expenses -52 / Foreign-currency translation impact -4 / Overseas wholesale business profit Increase in sales 162 / Gross Margin 53 / Selling, general and administrative expenses -42 / Foreign-currency translation impact 39 / Newly established subsidiary -33 |
| Key KPIs | Indicator name Domestic aquaculture volume / Value 5,000 tonnes / Year on year against the same period last year Increase of 1,617 tons year on year (2027 harvest target), Indicator name Overseas wholesale business net sales / Value 4,648 Millions of yen / Year on year against the same period last year +46.3%, Indicator name Progress against the full-year plan for overseas wholesale revenue / Value 25 % / Year on year against the same period last year Not disclosed, Indicator name Number of Japanese Restaurants in Asia / Value 12.2 10,000 stores / Year on year against the same period last year Not disclosed, Indicator name Total Number of Japanese Restaurants in Countries of Operation / Value 20,000 locations / Year on year against the same period last year Growth rate: +4% |
| Unit price and quantity metrics | Indicator name Domestic aquaculture volume / Value 5,000 tonnes / Year on year against the same period last year Increase of 1,617 tons, Indicator name Sales volume of salmon roe products in the domestic processing business / Value Not disclosed / Year on year against the same period last year Higher than the previous year, Indicator name Overseas wholesale business net sales / Value 4,648 Millions of yen / Year on year against the same period last year +46.3% |
| Number of stores and locations | Number at period-end The overseas wholesale business has operations in 7 regions / Number of store openings and closures during the period Established a base in the Netherlands and began sales through its Hong Kong and Netherlands subsidiaries |
| Assumptions Underlying the Business Outlook | 2027 Domestic Landings Volume 5,000 tonnes / Overseas Aquaculture Selling Price Assumed to be at approximately the same level as the previous year / Roe Unit Price No further increase is assumed / Overseas Wholesale Business Growth Assume the same pace as before |
| Medium-term management plan targets | Target fiscal year Fiscal year ending June 2030 / Domestic Landings Volume 12,000 tonnes / Overseas wholesale business net sales 25,000 Millions of yen |
| Annual Dividend | Annual dividend per share 9 Yen / Interim 4 Yen / End of period 5 Yen |
| Market Size / Share | Number of Japanese Restaurants in Asia 12.2 10,000 stores / Total Number of Japanese Restaurants in Countries of Operation 20,000 locations / Growth Rate in Countries of Operation 4 % |
| New initiatives | 泊川 intermediate aquaculture facility scheduled to begin operations in October 2026, Established a joint-investment company with Yakumo Town, Hokkaido, and the Hiyama Fisheries Cooperative Association, Iwanai Town, the Iwanai District Fisheries Cooperative Association and JSF entered into a tripartite agreement, Introduced a second barge, scheduled to begin operations from the end of 2026, Established a Netherlands subsidiary and began sales, Began sales through its Hong Kong subsidiary |
Items this document does not state (12)
Net incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesNumber of employeesRisk amount incorporated into the outlookFinancial targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders 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.In the domestic processing business, sales volume for salmon roe products exceeded expectations, and price pass-through progressed. In the overseas wholesale business, revenue continued to grow against the backdrop of an expanding Japanese restaurant market. Profit growth from higher revenue absorbed increases in SG&A expenses, including personnel costs, storage fees and freight, as well as lower gross margins in some businesses.
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.