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Presentation materials for financial results3182Oisix Inc.Retail

Briefing Materials on Financial Results for the First Quarter of the Fiscal Year Ending March 2027

In the first quarter of the fiscal year ending March 2027, revenue declined following the sale of the Vehicle and Other Businesses, while operating profit and net income attributable to owners of the parent increased, driven in part by improved profitability in the B2B business. The full-year EPS forecast and annual dividend forecast were also revised upward due to a lower effective tax rate.

Worth reading
85Important
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
23.6
Year-on-year change in operating income (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFirst quarter of the fiscal year ending March 202714 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥60,682 million-8.6%
Operating profit¥2,271 million+23.6%
Net income¥1,289 million +71.7%attributable to owners of the parent
Operating profit margin3.7 %
Selling, general and administrative expenses¥4,744 million personnel and SG&A expenses
Results for the three months of the current quarterRevenue of ¥60,682 million, EBITDA of ¥3,374 million, operating profit of ¥2,271 million, and net income attributable to owners of the parent of ¥1,289 million. All figures are for the first quarter alone.
Full-year earnings forecast
Net Sales
¥252,000 million
EBITDA
¥13,400 million
Operating profit
¥8,700 million
Net income attributable to owners of parent
¥5,210 million
EPS
¥150
Annual Dividend
¥30 per share
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。
Net Sales24% (company-wide)
EBITDA25% (company-wide)
Segment revenue
B2C23%
B2B24%
Social26%
Companywide24%
Segment EBITDA
B2C23%
B2B23%
Social52%
Companywide25%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing as planned
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • EBITDA¥0 million
    FactorsB2C Oisix
  • EBITDA¥-100 million
    FactorsB2C Other
  • EBITDA¥776 million
    FactorsB2B Subscription
  • EBITDA¥269 million
    FactorsSocial Services
  • EBITDA¥-98 million
    FactorsOther
  • EBITDA¥-830 million
    FactorsVehicle Operations Services
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Capital expenditures¥3-3.5 billion/year
  • Equity ratio20-25%
  • Net debt/EBITDA ratioCap of 2.0x
New initiatives
  • Full-scale rollout of Genki Gohan, fully cooked meals for senior care facilities
  • Launch of the Deli Oisix 4 Days Plan
  • Launch of the Ultra-Easy Kit: 3 Steps
  • AI-based shift scheduling for B2B locations scheduled for release from the third quarter
  • Absorption-type merger of a major B2B subsidiary scheduled for September 2026
Key KPIsA metric the company considers important as a management benchmark.
  • B2C members345 thousand customers
  • B2C ARPU¥12 thousand
  • Number of B2B contracted facilities2,490 Engagements
  • B2B EBITDA margin4.8 %
    Year on year against the same period last year+3.4pt
  • Percentage of facilities rating Genki Gohan highly95 %
  • Percentage of facilities actively considering switching to Genki Gohan10 %
  • Percentage of facilities considering switching to Genki Gohan40 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • B2C members345 thousand customers
  • B2C ARPU¥12 thousand
Segment results
  • B2C Subscription
    Net Sales¥21,999 million (YoY -7.0%)
    EBITDA¥2,404 million (YoY -4.0%)
  • B2B Subscription
    Net Sales¥22,349 million (YoY +6.0%)
    EBITDA¥1,083 million (YoY +253.0%)
  • Social Services
    Net Sales¥12,203 million (YoY +21.0%)
    EBITDA¥875 million (YoY +44.0%)
  • Vehicle Operations Services
    Net Sales¥0 million
    EBITDA¥0 million
  • Other Businesses
    Net Sales¥4,605 million (YoY -8.0%)
    EBITDA¥147 million (YoY -51.0%)
Medium-term management plan targets
  • EPS
    Target fiscal yearFiscal year ending March 2030
    Target value175
  • Net sales
    Target fiscal yearFiscal year ending March 2030
    Target value3,250
  • EBITDA
    Target fiscal yearFiscal year ending March 2030
    Target value190
Financial targets
Equity ratio20-25%
Net debt/EBITDA ratioCap of 2.0x
Actual results
Equity ratio25.8
ROE17.9
ROIC13.8
Net Debt/EBITDA0.04
Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
Several hundred million yen
DetailsImpact associated with the situation in the Strait of Hormuz
Market Size / Share
The 20 largest companies by share of the school-meal market are shown. Market size and the company's own market share are not disclosed.
Capital expenditures
¥3-3.5 billion/year
Annual Dividend
Annual dividend per share¥30
Payout ratio
Rate20-30%
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales¥60,682 million (YoY -8.6%)
Operating profit¥2,271 million (YoY +23.6%)
Net income¥1,289 million (attributable to owners of the parent) (YoY +71.7%)
Operating profit margin3.7 %
Selling, general and administrative expenses¥4,744 million (personnel and SG&A expenses)
Results for the three months of the current quarterRevenue of ¥60,682 million, EBITDA of ¥3,374 million, operating profit of ¥2,271 million, and net income attributable to owners of the parent of ¥1,289 million. All figures are for the first quarter alone.
Full-year earnings forecastNet Sales ¥252,000 million / EBITDA ¥13,400 million / Operating profit ¥8,700 million / Net income attributable to owners of parent ¥5,210 million / EPS ¥150 / Annual Dividend ¥30 per share
Progress against full-year forecastNet Sales 24% (company-wide) / EBITDA 25% (company-wide) / Segment revenue B2C 23% / B2B 24% / Social 26% / Companywide 24% / Segment EBITDA B2C 23% / B2B 23% / Social 52% / Companywide 25%
Self-assessment against the planProgressing as planned
Segment resultsSegment B2C Subscription / Net Sales ¥21,999 million (YoY -7.0%) / EBITDA ¥2,404 million (YoY -4.0%), Segment B2B Subscription / Net Sales ¥22,349 million (YoY +6.0%) / EBITDA ¥1,083 million (YoY +253.0%), Segment Social Services / Net Sales ¥12,203 million (YoY +21.0%) / EBITDA ¥875 million (YoY +44.0%), Segment Vehicle Operations Services / Net Sales ¥0 million / EBITDA ¥0 million, Segment Other Businesses / Net Sales ¥4,605 million (YoY -8.0%) / EBITDA ¥147 million (YoY -51.0%)
Breakdown of Factors Affecting the ChangeIndicator EBITDA / Factors B2C Oisix / Amount ¥0 million, Indicator EBITDA / Factors B2C Other / Amount ¥-100 million, Indicator EBITDA / Factors B2B Subscription / Amount ¥776 million, Indicator EBITDA / Factors Social Services / Amount ¥269 million, Indicator EBITDA / Factors Other / Amount ¥-98 million, Indicator EBITDA / Factors Vehicle Operations Services / Amount ¥-830 million
Key KPIsIndicator name B2C members / Value 345 thousand customers / Year on year against the same period last year Not disclosed, Indicator name B2C ARPU / Value ¥12 thousand / Year on year against the same period last year Not disclosed, Indicator name Number of B2B contracted facilities / Value 2,490 Engagements / Year on year against the same period last year Not disclosed, Indicator name B2B EBITDA margin / Value 4.8 % / Year on year against the same period last year +3.4pt, Indicator name Percentage of facilities rating Genki Gohan highly / Value 95 % / Year on year against the same period last year Not disclosed, Indicator name Percentage of facilities actively considering switching to Genki Gohan / Value 10 % / Year on year against the same period last year Not disclosed, Indicator name Percentage of facilities considering switching to Genki Gohan / Value 40 % / Year on year against the same period last year Not disclosed
Unit price and quantity metricsIndicator name B2C members / Value 345 thousand customers, Indicator name B2C ARPU / Value ¥12 thousand
Assumptions Underlying the Business OutlookItem Capital expenditures / Value ¥3-3.5 billion/year, Item Equity ratio / Value 20-25%, Item Net debt/EBITDA ratio / Value Cap of 2.0x
Risk amount incorporated into the outlookAmount Several hundred million yen / Details Impact associated with the situation in the Strait of Hormuz
Medium-term management plan targetsTarget fiscal year Fiscal year ending March 2030 / Item EPS / Target value ¥175, Target fiscal year Fiscal year ending March 2030 / Item Net sales / Target value 3,250 Hundreds of millions of yen, Target fiscal year Fiscal year ending March 2030 / Item EBITDA / Target value 190 Hundreds of millions of yen
Financial targetsEquity ratio 20-25% / Net debt/EBITDA ratio Cap of 2.0x / Actual results Equity ratio 25.8 / ROE 17.9 / ROIC 13.8 / Net Debt/EBITDA 0.04
Annual DividendAnnual dividend per share ¥30 / Interim and Year-End Breakdown Not disclosed
Payout ratioRate 20-30%
Capital expenditures¥3-3.5 billion/year
Market Size / ShareThe 20 largest companies by share of the school-meal market are shown. Market size and the company's own market share are not disclosed.
New initiativesFull-scale rollout of Genki Gohan, fully cooked meals for senior care facilities, Launch of the Deli Oisix 4 Days Plan, Launch of the Ultra-Easy Kit: 3 Steps, AI-based shift scheduling for B2B locations scheduled for release from the third quarter, Absorption-type merger of a major B2B subsidiary scheduled for September 2026
Items this document does not state (7)
Ordinary incomeGross Profit MarginNumber of stores and locationsNumber of employeesAcquisition of treasury sharesOrders 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.

Revenue declined due to the impact of the sale of the Vehicle and Other Businesses in the previous year. In the B2B business, the company absorbed higher food and labor costs through an increase in new contracts, mainly for school meals, standardized operations, and appropriate pricing. In the B2C business, it continued to optimize product allocation and curb loss-making orders. The full-year EPS and dividend forecasts were revised upward because the effective tax rate is expected to decline structurally as a result of the organizational restructuring.

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.
Briefing Materials on Financial Results for the First Quarter of the Fiscal Year Ending March 2027 | Oisix Inc. (3182) timely disclosure | Komori