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Presentation materials for financial results8091NICHIMO CO.,LTD.Trading & Wholesale

Supplementary Explanatory Materials for the Financial Results for the Fiscal Year Ending March 2026

For the fiscal year ended March 2026, revenue reached a record high, while operating income, ordinary income and net income declined. Weak surimi sales and a fire at a fishmeal plant in the Food segment, along with higher raw material and manufacturing costs, weighed on earnings. For the fiscal year ending March 2027, the company expects higher revenue and earnings.

Worth reading
44Recurring
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Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-8.1
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Supplementary materials to the earnings reportFiscal year ending March 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥139,779 million+4.4%
Operating profit¥2,758 million-8.1%
Ordinary income¥3,018 million-16.2%
Net income¥2,180 million-18.2%
Gross Profit Margin8.9 %
Operating profit margin2 %
Selling, general and administrative expenses¥9,646 million
Results for the three months of the current quarter
Net Sales
¥28,761 million
Operating profit
¥-402 million
Full-year earnings forecast
Net Sales
¥145,000 million
Operating profit
¥3,200 million
Ordinary income
¥3,600 million
Profit attributable to owners of the parent
¥2,600 million
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The outlook assumes and takes into account continued inflation, inbound demand, the benefits of yen depreciation, higher energy and raw material costs, and the cost of rebuilding the fishmeal plant.
New initiatives
  • Launch of new snow crab products for inbound travelers
  • Launch of the new national-brand Saba Maru series
  • Rebuilding of the fishmeal plant
Segment results
  • Food
    Net Sales¥89,848 million (YoY +6.8%)
    Operating profit¥1,660 million (YoY -15.0%)
  • Marine Products
    Net Sales¥24,555 million (YoY +9.7%)
    Operating profit¥1,072 million (YoY +42.0%)
  • Machinery
    Net Sales¥13,409 million (YoY -14.1%)
    Operating profit¥1,426 million (YoY -2.0%)
  • Materials
    Net Sales¥9,271 million (YoY +2.5%)
    Operating profit¥379 million (YoY -0.8%)
  • Biotics
    Net Sales¥289 million (YoY -1.4%)
    Operating profit¥11 million (YoY -29.4%)
  • Logistics
    Net Sales¥2,294 million (YoY -2.5%)
    Operating profit¥14 million (YoY -86.1%)
  • Other
    Net Sales¥109 million (YoY -0.9%)
    Operating profit¥85 million (YoY -5.6%)
Medium-term management plan targets
Final yearFiscal year ending March 2028
Payout ratio35% or more
Capital expenditures
¥1,457 million
Annual Dividend
Fiscal year ending March 2026
Annual dividend per share¥100
Interim¥50
End of period¥50
Forecast for the fiscal year ending March 2027
Annual dividend per share¥100
Interim¥50
End of period¥50
Payout ratio
Target for the fiscal year ending March 202835% or more
Medium- to Long-Term Targets40% or more
Actual results for the fiscal year ending March 202638.4
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings report
Fiscal Period CoveredFiscal year ending March 2026
Net Sales¥139,779 million (YoY +4.4%)
Operating profit¥2,758 million (YoY -8.1%)
Ordinary income¥3,018 million (YoY -16.2%)
Net income¥2,180 million (YoY -18.2%)
Gross Profit Margin8.9 %
Operating profit margin2 %
Selling, general and administrative expenses¥9,646 million
Results for the three months of the current quarterNet Sales ¥28,761 million / Operating profit ¥-402 million
Full-year earnings forecastNet Sales ¥145,000 million / Operating profit ¥3,200 million / Ordinary income ¥3,600 million / Profit attributable to owners of the parent ¥2,600 million
Segment resultsSegment Food / Net Sales ¥89,848 million (YoY +6.8%) / Operating profit ¥1,660 million (YoY -15.0%), Segment Marine Products / Net Sales ¥24,555 million (YoY +9.7%) / Operating profit ¥1,072 million (YoY +42.0%), Segment Machinery / Net Sales ¥13,409 million (YoY -14.1%) / Operating profit ¥1,426 million (YoY -2.0%), Segment Materials / Net Sales ¥9,271 million (YoY +2.5%) / Operating profit ¥379 million (YoY -0.8%), Segment Biotics / Net Sales ¥289 million (YoY -1.4%) / Operating profit ¥11 million (YoY -29.4%), Segment Logistics / Net Sales ¥2,294 million (YoY -2.5%) / Operating profit ¥14 million (YoY -86.1%), Segment Other / Net Sales ¥109 million (YoY -0.9%) / Operating profit ¥85 million (YoY -5.6%)
Assumptions Underlying the Business OutlookThe outlook assumes and takes into account continued inflation, inbound demand, the benefits of yen depreciation, higher energy and raw material costs, and the cost of rebuilding the fishmeal plant.
Medium-term management plan targetsFinal year Fiscal year ending March 2028 / Payout ratio 35% or more
Annual DividendFiscal year ending March 2026 Annual dividend per share ¥100 / Interim ¥50 / End of period ¥50 / Forecast for the fiscal year ending March 2027 Annual dividend per share ¥100 / Interim ¥50 / End of period ¥50
Payout ratioTarget for the fiscal year ending March 2028 35% or more / Medium- to Long-Term Targets 40% or more / Actual results for the fiscal year ending March 2026 38.4
Capital expenditures¥1,457 million
New initiativesLaunch of new snow crab products for inbound travelers, Launch of the new national-brand Saba Maru series, Rebuilding of the fishmeal plant
Items this document does not state (13)
Progress against full-year forecastSelf-assessment against the planBreakdown of Factors Affecting the ChangeKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey 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.

In the Food segment, earnings were affected by weak surimi market conditions, production falling short of target in South America, production stoppages caused by a fire at a fishmeal plant, and higher manufacturing costs for various products. In the Machinery segment, there was a reactionary decline following the completion of a large project in the previous fiscal year, as well as delivery delays and project postponements. In the Materials segment, manufacturing costs increased and the pass-through of higher costs to prices was delayed.

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Supplementary Explanatory Materials for the Financial Results for the Fiscal Year Ending March 2026 | NICHIMO CO.,LTD. (8091) timely disclosure | Komori