Komori
Earnings3139Lacto Japan Co.,Ltd.Trading & Wholesale

Financial Results for the Third Quarter of the Fiscal Year Ending November 2026 (Japanese GAAP) (Consolidated)

Cumulative sales for the first 3 quarters increased 5.4% year on year, while operating profit declined 12.4% and ordinary profit and net income attributable to owners of the parent fell by more than 20%. The full-year earnings forecast and annual dividend forecast remain unchanged.

Worth reading
43Recurring
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
-12.4
Year-on-year change (operating profit, %)
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 December 2025 to 31 August 2026ConsolidatedJapanese GAAP
Net Sales144,886¥ millionYear on year +5.4%Progress 75.1%
Operating profit4,214¥ millionYear on year -12.4%
Ordinary income3,873¥ millionYear on year -21.1%Progress 80.7%
Net income attributable to owners of the parent2,776¥ millionYear on year -22.0%Progress 80.5%

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 share¥277.73
Financial position at period-end
Total assets100,166¥ million
of which net assets 33,614 ¥ millionEquity ratio 33.6%vs. prior year-end -2.3pt

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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥193,000 million (YoY +5.6%)
Operating profitNot disclosed
Ordinary income¥4,800 million (YoY -17.2%)
Net income¥3,450 million (YoY -20.1%)
Annual Dividend Forecast¥132 → ¥132(0.0%)
Factors Behind Changes in Business Performance

Sales increased due to higher selling prices, including the effect of the weaker yen, while one-off non-operating income recorded in the previous fiscal year was not recorded in the current fiscal year.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationAdded: 0 companies; excluded: 0 companies
Material subsequent eventsThe company stated that it expects to take delivery of the new plant in Singapore in September 2026 and begin full-scale commercial production in the following fiscal year.
Depreciation and amortization¥380 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End10,050,200 Shares
Treasury Shares at Period-End39,592 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 December 2025 to 31 August 2026
Net Sales¥144,886 million (YoY +5.4%)
Operating profit¥4,214 million (YoY -12.4%)
Ordinary income¥3,873 million (YoY -21.1%)
Profit attributable to owners of the parent¥2,776 million (YoY -22.0%)
Net income per share¥277.73
Equity ratioEnd of the current fiscal period 33.6 / End of previous period 35.9
Total assets¥100,166 million
Net assets¥33,614 million
Full-year earnings forecastNet Sales ¥193,000 million (YoY +5.6%) / Operating profit Not disclosed / Ordinary income ¥4,800 million (YoY -17.2%) / Net income ¥3,450 million (YoY -20.1%)
Annual Dividend Forecast¥132 → ¥132(0.0%)
Depreciation and amortization¥380 million
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationAdded: 0 companies; excluded: 0 companies
Material subsequent eventsThe company stated that it expects to take delivery of the new plant in Singapore in September 2026 and begin full-scale commercial production in the following fiscal year.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End10,050,200 Shares
Treasury Shares at Period-End39,592 Shares
Factors Behind Changes in Business PerformanceSales increased due to higher selling prices, including the effect of the weaker yen, while one-off non-operating income recorded in the previous fiscal year was not recorded in the current fiscal year.
Items this document does not state (14)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)

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 decline in profit was partly attributable to a one-off gain recorded as non-operating income in the previous fiscal year but not in the current fiscal year. The company explained that sales increased due to higher selling prices, including the effect of the weaker yen, while delays in the completion of its new Singapore plant and the start of operations of its head-office core system pushed back the timing of recognizing related expenses.

How to read this page

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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.
Financial Results for the Third Quarter of the Fiscal Year Ending November 2026 (Japanese GAAP) (Consolidated) | Lacto Japan Co.,Ltd. (3139) timely disclosure | Komori