Komori
Results4404Miyoshi Oil & Fat Co.,Ltd.Food Products

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

For the nine months ended September 2026, revenue increased 7.2% year on year and operating profit rose 64.3%, resulting in an improvement in business profit. However, quarterly net income attributable to owners of the parent declined 83.3% due to the reaction to the gain on sale of fixed assets recorded in the same period of the previous year.

Worth reading
42Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
740
¥ million (year-on-year increase in operating profit)
Wording
Avoiding a definitive answer
How definitive the wording is.

Results for this period

Third quarter1 January 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales46,922¥ millionYear on year +7.2%Progress 75.4%
Operating profit1,890¥ millionYear on year +64.3%Progress 74.4%
Ordinary income1,761¥ millionYear on year +55.9%Progress 76.6%
Net income attributable to owners of the parent1,531¥ millionYear on year -83.3%

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¥150.36
Financial position at period-end
Total assets87,513¥ million
of which net assets 44,388 ¥ millionEquity ratio 50.7%vs. prior year-end +0.1pt

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.

Segment revenueFood Business ¥32,719 million (YoY +5.5%), Oleo-Chemicals Business ¥13,861 million (YoY +10.9%)
Segment profitFood Business ¥1,526 million (YoY +138.4%), Oleo-Chemicals Business ¥293 million (YoY +3.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥62,200 million (YoY +4.6%)
Operating profit¥2,540 million (YoY +29.6%)
Ordinary income¥2,300 million (YoY +20.2%)
Profit attributable to owners of the parent¥1,490 million (YoY -84.5%)
Annual Dividend Forecast¥100 → ¥70(-30.0%)
Factors Behind Changes in Business Performance

Amid a challenging environment, including high prices for oil and fat raw materials, a depreciating yen and higher procurement costs due to the situation in the Middle East, the company expanded sales of its core products, developed and marketed high-value-added products, optimized selling prices, reviewed procurement and improved production efficiency. The decrease in one-time expenses related to the head office relocation incurred in the same period of the previous year also contributed to profit. Quarterly net income attributable to owners of the parent declined due to the reaction to the gain on sale of fixed assets recorded in the same period of the previous year.

Disclosure regarding the going concern assumption

None applicable

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 Yes見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew Number of companies 0 / Company name None / Excluded Number of companies 0 / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Gain on Sale of Investment Securities ¥538 million / Extraordinary loss Loss on disposal of property, plant and equipment ¥90 million
Depreciation and amortization¥1,461 million
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNone
Issued Shares at Period-End10,306,895 shares
Treasury Shares at Period-End206,079 shares
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 September 2026
Net Sales¥46,922 million (YoY +7.2%)
Operating profit¥1,890 million (YoY +64.3%)
Ordinary income¥1,761 million (YoY +55.9%)
Profit attributable to owners of the parent¥1,531 million (YoY -83.3%)
Net income per share¥150.36
Equity ratioEnd of the current fiscal period 50.7 / End of previous period 50.6
Total assets¥87,513 million
Net assets¥44,388 million
Full-year earnings forecastNet Sales ¥62,200 million (YoY +4.6%) / Operating profit ¥2,540 million (YoY +29.6%) / Ordinary income ¥2,300 million (YoY +20.2%) / Profit attributable to owners of the parent ¥1,490 million (YoY -84.5%)
Annual Dividend Forecast¥100 → ¥70(-30.0%)
Segment revenueFood Business ¥32,719 million (YoY +5.5%), Oleo-Chemicals Business ¥13,861 million (YoY +10.9%)
Segment profitFood Business ¥1,526 million (YoY +138.4%), Oleo-Chemicals Business ¥293 million (YoY +3.7%)
Depreciation and amortization¥1,461 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on Sale of Investment Securities ¥538 million / Extraordinary loss Loss on disposal of property, plant and equipment ¥90 million
Disclosure regarding the going concern assumptionNone applicable
Change in accounting policyChanges due to revisions to standards None / Other changes Yes / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew Number of companies 0 / Company name None / Excluded Number of companies 0 / Company name None
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNone
Issued Shares at Period-End10,306,895 shares
Treasury Shares at Period-End206,079 shares
Factors Behind Changes in Business PerformanceAmid a challenging environment, including high prices for oil and fat raw materials, a depreciating yen and higher procurement costs due to the situation in the Middle East, the company expanded sales of its core products, developed and marketed high-value-added products, optimized selling prices, reviewed procurement and improved production efficiency. The decrease in one-time expenses related to the head office relocation incurred in the same period of the previous year also contributed to profit. Quarterly net income attributable to owners of the parent declined due to the reaction to the gain on sale of fixed assets recorded in the same period of the previous year.
Items this document does not state (12)
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 PolicyRegional salesOrders received and order backlogImpairment lossMaterial subsequent events

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.

Amid a challenging environment, including persistently high prices for oil and fat raw materials, yen depreciation and higher procurement costs due to the situation in the Middle East, the company expanded sales of its core products, developed and marketed high-value-added products, optimized selling prices, reviewed procurement and improved production efficiency. In addition, the decrease in one-time expenses related to the head office relocation incurred in the same period of the previous year contributed to profit. Net income was affected by the reaction to the gain on sale of fixed assets recorded as an extraordinary gain in the same period of the previous year.

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