Komori
Financial results presentation8041OUG Holdings Inc.Trading & Wholesale

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 — OUG Holdings

In the second quarter of the fiscal year ending March 2027, net sales increased 5.9% year on year, while operating profit, ordinary profit and net profit all declined. The company left its full-year earnings forecast unchanged and explained that delays in passing higher costs on to prices were a factor behind the decline in profits.

Worth reading
64In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-27.3
Year-on-year change in ordinary profit (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationSecond quarter (interim period) of the fiscal year ending March 202711 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales181,017 Millions of yen+5.9%
Operating profit1,666 Millions of yen-27.6%
Ordinary income1,889 Millions of yen-27.3%
Net income1,483 Millions of yen-33.1%
Full-year earnings forecast
Net Sales
355,000 Millions of yen
Operating profit
4,600 Millions of yen
Ordinary income
4,800 Millions of yen
Profit attributable to owners of the parent
3,200 Millions of yen
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 Sales51.0% (progress against the FY2026 target under Medium-Term Management Plan 2024)
Operating profit36.2% (same)
Ordinary income39.4% (same)
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Net sales exceeded half of the target, while profits remained just under 40%.
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
  • Seafood receiving7,333 Millions of yen
  • Off-market seafood wholesaling2,819 Millions of yen
  • Aquaculture117 Millions of yen
  • Other-255 Millions of yen
Operating profit
  • Seafood receiving-256 Millions of yen
  • Off-market seafood wholesaling-288 Millions of yen
  • Aquaculture47 Millions of yen
  • Other-138 Millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The third quarter tends to be the peak period for business activity. Attention should be paid to year-end demand-season trends in seafood volumes and prices, as well as trends in the unit price of farmed yellowtail.
New initiatives
  • Sell shrimp and scallop inventories appropriately to improve profitability
  • Strengthen sales of year-end products such as salmon, shrimp and crab
  • As priority initiatives under the Medium-Term Management Plan: strengthen the fresh fish business, strengthen product capabilities, deepen and expand the Kanto market, expand overseas operations, and pursue sustainable business activities
Unit price and quantity metricsThese figures show sales broken down by price and volume.
The selling price of farmed yellowtail remained in the high-price range. The presentation includes external statistics such as market price trends by fish species and production volumes.
Segment results
  • Seafood receiving
    Net Sales108,415 Millions of yen (YoY +7.3%)
    Profit982 Millions of yen (YoY -20.7%)
  • Off-market seafood wholesaling
    Net Sales67,529 Millions of yen (YoY +4.4%)
    Profit304 Millions of yen (YoY -48.7%)
  • Aquaculture
    Net Sales2,697 Millions of yen (YoY +4.5%)
    Profit491 Millions of yen (YoY +10.4%)
  • Other
    Net Sales2,376 Millions of yen (YoY -9.7%)
    Profit-111 Millions of yen
Medium-term management plan targets
Fiscal 2026 (final year)
Net Sales¥355 billion
Ordinary income¥4.8 billion
ROEMaintain ROE at 8.0%
ROIC5.0％
Financial targets
ROE
TargetMaintain ROE at 8.0%
Actual results for the fiscal year ending March 202614.0％
ROIC
Target5.0％
Actual results for the fiscal year ending March 20267.5％
Market Size / Share
The presentation includes external statistics such as the foodservice market size in the three major metropolitan areas, food sales at mass retailers and accommodation occupancy rates. Market share: not disclosed
Annual Dividend
FY ending March 2027 forecast: ¥172 (breakdown between ordinary and special dividends: not disclosed)
Payout ratio
Not disclosed (DOE: 2.4%)
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredSecond quarter (interim period) of the fiscal year ending March 2027
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%)
Net income1,483 Millions of yen (YoY -33.1%)
Full-year earnings forecastNet Sales 355,000 Millions of yen / Operating profit 4,600 Millions of yen / Ordinary income 4,800 Millions of yen / Profit attributable to owners of the parent 3,200 Millions of yen
Progress against full-year forecastNet Sales 51.0% (progress against the FY2026 target under Medium-Term Management Plan 2024) / Operating profit 36.2% (same) / Ordinary income 39.4% (same)
Self-assessment against the planNet sales exceeded half of the target, while profits remained just under 40%.
Segment resultsSegment Seafood receiving / Net Sales 108,415 Millions of yen (YoY +7.3%) / Profit 982 Millions of yen (YoY -20.7%), Segment Off-market seafood wholesaling / Net Sales 67,529 Millions of yen (YoY +4.4%) / Profit 304 Millions of yen (YoY -48.7%), Segment Aquaculture / Net Sales 2,697 Millions of yen (YoY +4.5%) / Profit 491 Millions of yen (YoY +10.4%), Segment Other / Net Sales 2,376 Millions of yen (YoY -9.7%) / Profit -111 Millions of yen
Breakdown of Factors Affecting the ChangeNet Sales Factors Seafood receiving / Amount 7,333 Millions of yen, Factors Off-market seafood wholesaling / Amount 2,819 Millions of yen, Factors Aquaculture / Amount 117 Millions of yen, Factors Other / Amount -255 Millions of yen / Operating profit Factors Seafood receiving / Amount -256 Millions of yen, Factors Off-market seafood wholesaling / Amount -288 Millions of yen, Factors Aquaculture / Amount 47 Millions of yen, Factors Other / Amount -138 Millions of yen
Unit price and quantity metricsThe selling price of farmed yellowtail remained in the high-price range. The presentation includes external statistics such as market price trends by fish species and production volumes.
Assumptions Underlying the Business OutlookThe third quarter tends to be the peak period for business activity. Attention should be paid to year-end demand-season trends in seafood volumes and prices, as well as trends in the unit price of farmed yellowtail.
Medium-term management plan targetsSubject Fiscal 2026 (final year) / Net Sales ¥355 billion / Ordinary income ¥4.8 billion / ROE Maintain ROE at 8.0% / ROIC 5.0％
Financial targetsROE Target Maintain ROE at 8.0% / Actual results for the fiscal year ending March 2026 14.0％ / ROIC Target 5.0％ / Actual results for the fiscal year ending March 2026 7.5％ / Equity ratio Not disclosed
Annual DividendFY ending March 2027 forecast: ¥172 (breakdown between ordinary and special dividends: not disclosed)
Payout ratioNot disclosed (DOE: 2.4%)
Market Size / ShareThe presentation includes external statistics such as the foodservice market size in the three major metropolitan areas, food sales at mass retailers and accommodation occupancy rates. Market share: not disclosed
New initiativesSell shrimp and scallop inventories appropriately to improve profitability, Strengthen sales of year-end products such as salmon, shrimp and crab, As priority initiatives under the Medium-Term Management Plan: strengthen the fresh fish business, strengthen product capabilities, deepen and expand the Kanto market, expand overseas operations, and pursue sustainable business activities
Items this document does not state (12)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterKey KPIsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookAcquisition of treasury sharesCapital expendituresOrders 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.

Although costs such as storage and transportation expenses rose sharply, the company was unable to secure margins commensurate with the increase or adequately pass it on to selling prices.

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.