Revised forecast
Fiscal year ending May 2026 · Full yearPrevious forecast published 19 December 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Initial costs for integrated logistics in the wholesale business exceeding expectations, the inability to export scallops to China in the seafood products business, the development of a new sales structure, the recognition of valuation losses on inventory, and the recognition of an impairment loss on fixed assets.
Impairment loss under the Accounting Standard for Impairment of Fixed Assets: ¥255 million
| Item | Details |
|---|---|
| Net Sales | ¥78,600 million → ¥79,549 million（+1.2%） |
| Operating profit | ¥660 million → ¥159 million（-75.8%） |
| Ordinary income | ¥820 million → ¥339 million（-58.6%） |
| Profit attributable to owners of the parent | ¥550 million → ¥56 million（-89.7%） |
| Net income per share | ¥38.12 → ¥3.93 |
| Fiscal Period Covered | Fiscal year ending May 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 19 December 2025 |
| Previous-period results | Revenue: ¥74,880 million; operating profit: ¥811 million; ordinary profit: ¥845 million; net income attributable to owners of the parent: ¥523 million; net income per share: ¥35.63 (fiscal year ended May 2025) |
| Reason for the revision | Initial costs for integrated logistics in the wholesale business exceeding expectations, the inability to export scallops to China in the seafood products business, the development of a new sales structure, the recognition of valuation losses on inventory, and the recognition of an impairment loss on fixed assets. |
| Details and amount of extraordinary loss | Impairment loss under the Accounting Standard for Impairment of Fixed Assets: ¥255 million |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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 wholesale business, revenue increased following the start of new transactions with restaurant-chain customers, while initial costs for setting up integrated logistics exceeded expectations. In the seafood products business, exports of scallops to China became impossible, while the development of a new sales structure and the recognition of valuation losses on inventory became factors contributing to the decline in operating profit. The Company also expects to record an impairment loss on fixed assets of ¥255 million as an extraordinary loss.