Worth reading
49Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-22.4
% (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)2023年4月1日〜2023年9月30日ConsolidatedJapanese GAAPNet Sales160,904¥ millionYear on year +3.1%Progress 48.8%
Operating profit1,389¥ millionYear on year -22.4%Progress 46.3%
Ordinary income1,696¥ millionYear on year -12.6%Progress 53.0%
Net income attributable to owners of the parent1,010¥ millionYear on year -17.5%Progress 45.9%
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 share187円69銭
Financial position at period-end
Total assets91,658¥ million
of which net assets 27,286 ¥ millionEquity ratio 29.8%vs. prior year-end -1.8pt
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.
Cash inflows and outflows
Operating-1,221
Investment-661
Financials+2,756
Net change+874
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥3,608 million
Segment revenueSeafood Receiving Operations ¥98,083 million (YoY +100.5%), Wholesale Seafood Operations Outside Markets ¥63,234 million (YoY +106.0%), Aquaculture Business ¥3,397 million (YoY +82.6%), Food Processing Operations ¥2,039 million (YoY +97.4%), Logistics ¥822 million (YoY +103.0%), Other ¥2,365 million (YoY +134.6%)
Segment profitSeafood Receiving Operations ¥750 million (YoY +54.1%), Wholesale Seafood Operations Outside Markets ¥407 million, Aquaculture Business ¥153 million (YoY +30.5%), Food Processing Operations ¥-57 million, Logistics ¥-5 million, Other ¥26 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥330,000 million (YoY +1.5%)
Operating profit¥3,000 million (YoY -24.8%)
Ordinary income¥3,200 million (YoY -25.2%)
Net income¥2,200 million (YoY -28.5%)
Annual Dividend Forecast¥70 → ¥60（-14.3%）
Factors Behind Changes in Business Performance
外食・宿泊・インバウンド関連需要の回復、販売力・調達力の強化等があった一方、主要商材の相場下落と在庫の早期販売、養殖事業の販売重量・価格低下、餌料・輸入原料・米価・副材料等のコスト上昇が業績に影響した。
Disclosure regarding the going concern assumption
None.
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 consolidationNew 0 companies / Excluded 0 companies / Company name No applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Insurance proceeds received ¥59 million, Gain on sale of non-current assets ¥1 million, Gain on sale of investment securities ¥19 million / Extraordinary loss Losses from natural disasters ¥275 million, Loss on disposal of non-current assets ¥9 million
Depreciation and amortization¥462 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End5,562,292
Treasury Shares at Period-End179,268
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2023年4月1日〜2023年9月30日 |
| Net Sales | ¥160,904 million (YoY +3.1%) |
| Operating profit | ¥1,389 million (YoY -22.4%) |
| Ordinary income | ¥1,696 million (YoY -12.6%) |
| Profit attributable to owners of the parent | ¥1,010 million (YoY -17.5%) |
| Net income per share | 187円69銭 |
| Equity ratio | End of the current fiscal period 29.8 / End of previous period 31.6 |
| Total assets | ¥91,658 million |
| Net assets | ¥27,286 million |
| Cash flows from operating activities | ¥-1,221 million |
| Cash flows from investing activities | ¥-661 million |
| Cash flows from financing activities | ¥2,756 million |
| Cash and cash equivalents at end of period | ¥3,608 million |
| Full-year earnings forecast | Net Sales ¥330,000 million (YoY +1.5%) / Operating profit ¥3,000 million (YoY -24.8%) / Ordinary income ¥3,200 million (YoY -25.2%) / Net income ¥2,200 million (YoY -28.5%) |
| Annual Dividend Forecast | ¥70 → ¥60（-14.3%） |
| Segment revenue | Seafood Receiving Operations ¥98,083 million (YoY +100.5%), Wholesale Seafood Operations Outside Markets ¥63,234 million (YoY +106.0%), Aquaculture Business ¥3,397 million (YoY +82.6%), Food Processing Operations ¥2,039 million (YoY +97.4%), Logistics ¥822 million (YoY +103.0%), Other ¥2,365 million (YoY +134.6%) |
| Segment profit | Seafood Receiving Operations ¥750 million (YoY +54.1%), Wholesale Seafood Operations Outside Markets ¥407 million, Aquaculture Business ¥153 million (YoY +30.5%), Food Processing Operations ¥-57 million, Logistics ¥-5 million, Other ¥26 million |
| Depreciation and amortization | ¥462 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Insurance proceeds received ¥59 million, Gain on sale of non-current assets ¥1 million, Gain on sale of investment securities ¥19 million / Extraordinary loss Losses from natural disasters ¥275 million, Loss on disposal of non-current assets ¥9 million |
| Disclosure regarding the going concern assumption | None. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name No applicable matters. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 5,562,292 |
| Treasury Shares at Period-End | 179,268 |
| Factors Behind Changes in Business Performance | 外食・宿泊・インバウンド関連需要の回復、販売力・調達力の強化等があった一方、主要商材の相場下落と在庫の早期販売、養殖事業の販売重量・価格低下、餌料・輸入原料・米価・副材料等のコスト上昇が業績に影響した。 |
Items this document does not state (8)
Operating MarginRevision 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.外食・宿泊・インバウンド関連需要の回復で市場外水産物卸売事業が伸長した一方、水産物荷受事業では主要商材の相場下落と在庫の早期販売、養殖事業では販売重量・販売価格の低下と餌料等の高騰、食品加工事業では輸入原料・米価・副材料等のコスト上昇があったと説明している。
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.