Komori
Results8041OUG Holdings Inc.Trading & Wholesale

Summary of Financial Results [Japanese GAAP] (Consolidated) for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027

For the interim period, net sales increased 5.9% year on year, reflecting factors including higher selling prices, while operating profit declined 27.6% due to factors including higher procurement and logistics costs. The full-year earnings forecast remains unchanged, and the annual dividend forecast is ¥172, up ¥5 from the previous fiscal year's actual dividend of ¥167.

Worth reading
52Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
5.9
Year-on-year change in net sales (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales181,017Millions of yenYear on year +5.9%Progress 51.0%
Operating profit1,666Millions of yenYear on year -27.6%Progress 36.2%
Ordinary income1,889Millions of yenYear on year -27.3%Progress 39.4%
Net income attributable to owners of the parent1,483Millions of yenYear on year -33.1%Progress 46.3%

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¥274.91
Financial position at period-end
Total assets107,401Millions of yen
of which net assets 42,035 Millions of yenEquity ratio 39.1%vs. prior year-end -3.7pt

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+27
Investment-992
Financials+1,699
Net change+734

Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).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 period2,105 Millions of yen
Segment revenueSeafood Receiving Operations 113,575 Millions of yen (YoY +7.4%), Wholesale Seafood Operations Outside Markets 69,558 Millions of yen (YoY +5.2%), Aquaculture 4,642 Millions of yen (YoY +4.6%), Food Processing Operations 2,037 Millions of yen (YoY -3.6%), Logistics Business 920 Millions of yen (YoY -1.0%), Other 1,524 Millions of yen (YoY -7.3%)
Segment profitSeafood Receiving Operations 982 Millions of yen (YoY -20.7%), Wholesale Seafood Operations Outside Markets 304 Millions of yen (YoY -48.7%), Aquaculture 491 Millions of yen (YoY +10.4%), Food Processing Operations ¥0 million (segment loss), Logistics Business 4 Millions of yen (YoY -54.1%), Other ¥-6 million (segment loss)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales355,000 Millions of yen (YoY -2.4%)
Operating profit4,600 Millions of yen (YoY -27.4%)
Ordinary income4,800 Millions of yen (YoY -29.5%)
Net income3,200 Millions of yen (YoY -40.5%)
Annual Dividend Forecast167 Yen → 172 Yen
Factors Behind Changes in Business Performance

Revenue increased due to higher selling prices, particularly for fresh fish, and the steady performance of demand related to dining out, accommodations and inbound tourism. Meanwhile, the core wholesale business reported lower profit due to higher product procurement costs, insufficient pass-through to selling prices, a lower gross profit margin, and increased selling, general and administrative expenses, mainly logistics costs. The aquaculture business reported higher revenue and profit as selling prices remained high.

Disclosure regarding the going concern assumption

None applicable.

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 Not disclosed / Excluded Number of companies 1 / Company name Not disclosed / Material changes No
Breakdown of extraordinary income (loss)Extraordinary income Gain on sales of non-current assets 154 Millions of yen, Compensation received 135 Millions of yen / Extraordinary loss Not applicable
Depreciation and amortization552 Millions of yen
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End5,562,292
Treasury Shares at Period-End165,181
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales181,017 Millions of yen (YoY +5.9%)
Operating profit1,666 Millions of yen (YoY -27.6%)
Ordinary income1,889 Millions of yen (YoY -27.3%)
Profit attributable to owners of the parent1,483 Millions of yen (YoY -33.1%)
Net income per share¥274.91
Equity ratioEnd of the current fiscal period 39.1 / End of previous period 42.8
Total assets107,401 Millions of yen
Net assets42,035 Millions of yen
Cash flows from operating activities27 Millions of yen
Cash flows from investing activities-992 Millions of yen
Cash flows from financing activities1,699 Millions of yen
Cash and cash equivalents at end of period2,105 Millions of yen
Full-year earnings forecastNet Sales 355,000 Millions of yen (YoY -2.4%) / Operating profit 4,600 Millions of yen (YoY -27.4%) / Ordinary income 4,800 Millions of yen (YoY -29.5%) / Net income 3,200 Millions of yen (YoY -40.5%)
Annual Dividend Forecast167 Yen → 172 Yen
Segment revenueSeafood Receiving Operations 113,575 Millions of yen (YoY +7.4%), Wholesale Seafood Operations Outside Markets 69,558 Millions of yen (YoY +5.2%), Aquaculture 4,642 Millions of yen (YoY +4.6%), Food Processing Operations 2,037 Millions of yen (YoY -3.6%), Logistics Business 920 Millions of yen (YoY -1.0%), Other 1,524 Millions of yen (YoY -7.3%)
Segment profitSeafood Receiving Operations 982 Millions of yen (YoY -20.7%), Wholesale Seafood Operations Outside Markets 304 Millions of yen (YoY -48.7%), Aquaculture 491 Millions of yen (YoY +10.4%), Food Processing Operations ¥0 million (segment loss), Logistics Business 4 Millions of yen (YoY -54.1%), Other ¥-6 million (segment loss)
Depreciation and amortization552 Millions of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sales of non-current assets 154 Millions of yen, Compensation received 135 Millions of yen / Extraordinary loss Not applicable
Disclosure regarding the going concern assumptionNone applicable.
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 consolidationNew Not disclosed / Excluded Number of companies 1 / Company name Not disclosed / Material changes No
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End5,562,292
Treasury Shares at Period-End165,181
Factors Behind Changes in Business PerformanceRevenue increased due to higher selling prices, particularly for fresh fish, and the steady performance of demand related to dining out, accommodations and inbound tourism. Meanwhile, the core wholesale business reported lower profit due to higher product procurement costs, insufficient pass-through to selling prices, a lower gross profit margin, and increased selling, general and administrative expenses, mainly logistics costs. The aquaculture business reported higher revenue and profit as selling prices remained high.
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.

Revenue increased due to higher selling prices, particularly for fresh fish, and demand related to dining out, accommodations and inbound tourism, while profit was weighed down by higher product procurement costs, a lower gross profit margin, and increased selling, general and administrative expenses, mainly logistics costs.

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