Full-Scale Entry into Agribusiness and Expansion of Plant-Factory Production Scale

「At its Board of Directors meeting held on 27 May 2026, the company resolved, as part of its business portfolio review, to transfer for consideration all agricultural equipment related to AZUMA FARM Mie to a third party effective 1 August 2026. Accordingly, production and sales of mini-tomatoes at the site will end on 31 July 2026.」

「In the Other business, revenue increased in the Tokai region, where the plant factory is located, against a backdrop of higher shipment volumes and higher selling prices. Meanwhile, labor costs increased as the staffing structure was strengthened in line with higher shipment volumes, while depreciation and other production-related expenses increased following the purchase of cultivation equipment. As a result, operating revenue in the Other business was ¥138 million, up ¥13 million, or 11.0%, from the previous interim consolidated accounting period, while segment profit was ¥15 million, down ¥3 million, or 18.2%, from the previous interim consolidated accounting period.」

「In the Other business, harvest volumes declined in the Tokai region, where the plant factory is located, because pest and disease damage caused by extreme heat during the seedling transplanting period led to poor fruit growth. However, revenue increased because market prices remained high due to a nationwide shortage of tomatoes, and selling prices were raised. Meanwhile, labor costs increased as labor hours for crop management and other activities rose following the strengthening of the staffing structure and the bringing forward of the planting schedule. Repair and other costs for aging facilities and equipment also increased.」

「In the Other business, harvest volumes declined in the Tokai region, where the plant factory is located, as extreme heat reduced bee pollination activity and increased the number of fruit that failed to set, against a backdrop that included pest and disease damage. However, revenue increased because shipments of higher-priced varieties, for which selling prices had been raised, increased. Meanwhile, labor costs rose due to the additional labor required to manage crop growth, and unplanned repair costs for facilities and equipment increased due to aging.」

「In the Other business, harvest volumes declined in the Tokai region, where the plant factory is located, due to the impact of pest and disease damage that had spread nationwide. Meanwhile, one of the facilities was temporarily idled to improve productivity and reduce costs, resulting in overall declines in labor costs, fuel costs and related expenses. As a result, operating revenue in the Other business was ¥240 million, up ¥22 million, or 10.1%, from the previous fiscal year, while the segment loss was ¥0 million, compared with a segment loss of ¥18 million in the previous fiscal year.」

「In the Other business, harvest volumes increased in the Tokai region, where the plant factory is located, as the company was able to conduct stable production against a backdrop of continued suppression of pest and disease damage, while planned labor-hour management improved productivity. Meanwhile, related expenses and fuel costs increased in line with the higher harvest volume. As a result, operating revenue in the Other business was ¥161 million, up ¥15 million, or 10.3%, from the same quarter of the previous year, while segment profit was ¥4 million, compared with a segment loss of ¥9 million in the same quarter of the previous year.」

「In the Other business, harvest volumes increased in the Tokai region, where the plant factory is located, as the company was able to conduct stable production against a backdrop of continued suppression of pest and disease damage, while planned labor-hour management improved productivity. Meanwhile, related expenses and fuel costs increased in line with the higher harvest volume. As a result, operating revenue in the Other business was ¥123 million, up ¥37 million, or 43.1%, from the same quarter of the previous year, while segment profit was ¥25 million, compared with a segment loss of ¥10 million in the same quarter of the previous year.」

「In the Other business, harvest volumes increased in the Tokai region, where the plant factory is located, as the company was able to conduct stable production after suppressing pest and disease damage that had occurred in the previous crop, while the temporary idling of one facility improved productivity. Meanwhile, related expenses and fuel costs increased in line with the higher harvest volume. As a result, operating revenue in the Other business was ¥95 million, up ¥19 million, or 26.3%, from the same quarter of the previous year, while segment profit was ¥27 million, an increase of ¥17 million, or 174.0%, from the same quarter of the previous year.」

「In the Other business, harvest volumes declined in the Tokai region, where the plant factory is located, due to the impact of pest and disease damage that had spread nationwide. Meanwhile, one of the facilities was temporarily idled to improve productivity and reduce costs, resulting in overall declines in labor costs, fuel costs and related expenses.」

「In the Other business, market prices increased from the previous year, but harvest volumes declined in the Tokai region, where the plant factory is located, due to the impact of pest and disease damage that had spread nationwide. Meanwhile, related expenses declined with the thorough implementation of planned staffing, and in line with the lower harvest volume, although fuel costs increased. As a result, operating revenue in the Other business was ¥146 million, down ¥13 million, or 8.3%, from the same quarter of the previous year, while the segment loss was ¥9 million, a ¥7 million deterioration from the same quarter of the previous year.」

「In the Other business, harvest volumes declined in the Tokai region, where the plant factory is located, due to the impact of pest and disease damage that had spread nationwide. Meanwhile, related expenses and fixed costs remained broadly in line with the previous year. As a result, operating revenue in the Other business was ¥86 million, down ¥10 million, or 10.7%, from the same quarter of the previous year, while the segment loss was ¥10 million, a ¥10 million deterioration from the same quarter of the previous year.」

「In Other Businesses, harvest volumes declined due to damage from pests and disease that had spread nationwide in the Tokai region, where the plant factory is located. Meanwhile, related expenses and fixed costs remained broadly in line with the previous year. As a result, operating revenue in Other Businesses was ¥75 million, a decrease of ¥13 million, or 14.7%, from the same quarter of the previous year, while segment profit was ¥10 million, a decrease of ¥13 million, or 56.9%.」

「In Other Businesses, although first-half harvest volumes declined due to weather conditions associated with an earlier-than-usual start to the rainy season in the Tokai region, where the plant factory is located, second-half harvest volumes increased because the replanting of seedlings was brought forward. Meanwhile, fixed costs increased as staffing was strengthened, and fuel costs also increased. As a result, operating revenue in Other Businesses was ¥229 million, a decrease of ¥6 million, or 2.7%, from the previous consolidated fiscal year, while the segment loss was ¥15 million, compared with a segment loss of ¥9 million in the previous consolidated fiscal year.」

「In Other Businesses, although first-half harvest volumes declined due to weather conditions associated with an earlier-than-usual start to the rainy season in the Tokai region, where the plant factory is located, harvest volumes in the third quarter increased because the replanting of seedlings was brought forward. Meanwhile, fixed costs increased as staffing was strengthened, and fuel costs also increased. As a result, operating revenue in Other Businesses was ¥159 million, a decrease of ¥8 million, or 4.8%, from the same quarter of the previous year, while the segment loss was ¥2 million, compared with a segment loss of ¥7 million in the same quarter of the previous year.」

「In Other Businesses, harvest volumes declined due to adverse weather and insufficient sunlight in the Tokai region, where the plant factory is located, following an earlier-than-usual start to the rainy season.」

「In Other Businesses, harvest volumes declined due to adverse weather and insufficient sunlight in the Tokai region, where the plant factory is located, following an earlier-than-usual start to the rainy season. Although related expenses declined with the lower harvest volume, fixed costs increased due to the strengthening of staffing. As a result, operating revenue in Other Businesses was ¥89 million, a decrease of ¥15 million, or 14.8%, from the same quarter of the previous year, while segment profit was ¥23 million, a decrease of ¥7 million, or 25.1%.」

「In Other Businesses, the Company expanded the area planted with a new variety commanding a higher unit selling price at the plant factory, but harvest volumes declined due to adverse weather, insufficient sunlight and other factors.」

「In Other Businesses, the Company expanded the area planted with a new variety commanding a higher unit selling price at the plant factory, but harvest volumes declined due to adverse weather, insufficient sunlight and other factors.」

「In Other Businesses, the unit selling price increased as the Company expanded sales of a new variety, but harvest volumes declined amid continued adverse weather and insufficient sunlight. Although related expenses declined with the lower harvest volume, repair costs for facilities deteriorating with age increased.」

「In addition to cultivating our original-brand cherry tomatoes, “Azumakobeni®,” we worked to produce new varieties. Although the new varieties have lower production volumes than existing varieties, we positioned and marketed them as higher-sugar, value-added products. We also worked to reduce costs, including by reviewing the transportation system used for shipments.」

「In Other Businesses, the Company established a production increase at the plant factory and improved the growing environment to achieve stable production, increasing cherry tomato harvests from the same quarter of the previous year. It also continued efforts to improve operations, enhance employee skills, and expand sales channels. As a result, operating revenue in Other Businesses was ¥198 million, an increase of ¥19 million, or 10.8%, from the same quarter of the previous year, while segment profit was ¥12 million, compared with a segment loss of ¥41 million in the same quarter of the previous year.」

「In Other Businesses, the establishment of a full-scale production increase at the plant factory increased cherry tomato harvests from the same quarter of the previous year. In addition, the Company worked to establish a production increase through facility enhancements to stabilize yields, and continued efforts to improve operations, enhance employee skills, and expand sales channels. As a result, operating revenue in Other Businesses was ¥131 million, an increase of ¥22 million, or 21.0%, from the same quarter of the previous year, while segment profit was ¥10 million, compared with a segment loss of ¥31 million in the same quarter of the previous year.」

「In Other Businesses, the establishment of a full-scale production increase at the plant factory increased the harvest of truss-picked cherry tomatoes from the same quarter of the previous year. In addition, as an operational improvement measure, the Company prepared work standards and process-specific manuals and worked to improve employee skills. As another measure to enhance corporate value, it obtained Global G.A.P. certification, which is awarded to companies that practice safe and sustainable production, and worked to expand sales channels. As a result, operating revenue in Other Businesses was ¥109 million, an increase of ¥10 million, or 10.5%, from the same quarter of the previous year, while segment profit was ¥31 million, an increase of ¥23 million, or 326.2%.」

「In Other Businesses, shipment volumes increased substantially from the previous fiscal year following the completion of expansion work at the plant factory in August of the year before last and the transition to a full-scale production increase. As a result of continuing efforts to stabilize yields at the expanded facility, following the third quarter, some effects have emerged, but target yields remained below plan.」

「In Other Businesses, shipment volumes increased substantially from the previous fiscal year following the completion of expansion work at the plant factory in August of the year before last and the transition to a full-scale production increase. As a result of continuing efforts to stabilize yields at the expanded facility, following the second quarter, some effects began to emerge, but target yields remained below plan. Operating revenue in Other Businesses was ¥178 million, an increase of ¥103 million, or 137.4%, from the same quarter of the previous year, while the segment loss was ¥41 million, compared with a segment loss of ¥78 million in the same quarter of the previous year.」

「In Other Businesses, shipment volumes increased substantially from the previous fiscal year following the completion of expansion work at the plant factory in August of the previous year and the transition to a full-scale production increase. Although efforts to stabilize yields at the expanded facility continued, following the first quarter, the expected results were not achieved and target yields remained below plan. In addition, costs exceeded the plan due to various measures implemented to stabilize yields. As a result, operating revenue in Other Businesses was ¥108 million, an increase of ¥88 million, or 451.5%, from the same quarter of the previous year, while the segment loss was ¥31 million, compared with a segment loss of ¥46 million in the same quarter of the previous year.」

「In Other Businesses, shipment volumes increased substantially from the previous fiscal year following the completion of expansion work at the plant factory in August of the previous year and the transition to a full-scale production increase. Although efforts to stabilize yields at the expanded facility have continued since the previous fiscal year, they have not yet produced sufficient results, and performance remained below target versus the plan. As a result, operating revenue in Other Businesses was ¥99 million, an increase of ¥82 million, or 507.8%, from the same quarter of the previous year, while segment profit was ¥7 million, an increase of ¥15 million from the same quarter of the previous year.」

「In Other Businesses, shipment volumes increased substantially from the previous fiscal year following the completion of expansion work at the plant factory and the transition to a full-scale production increase. As a result, operating revenue in Other Businesses was ¥152 million, an increase of ¥117 million, or 336.3%, from the previous consolidated fiscal year, while the segment loss was ¥94 million.」

「In Other Businesses, shipment volumes increased substantially following the start of operations at the expanded plant factory, while expenses increased substantially ahead of the start of operations. As a result, operating revenue in Other Businesses was ¥75 million, an increase of ¥50 million, or 200.5%, from the same quarter of the previous year, while the segment loss was ¥78 million, a deterioration of ¥80 million from the same quarter of the previous year.」

「In Other Businesses, expenses increased as plant factory production capacity was expanded. As a result, operating revenue in Other Businesses was ¥19 million, an increase of ¥1 million, or 10.3%, from the same quarter of the previous year, while the segment loss was ¥46 million, a deterioration of ¥48 million from the same quarter of the previous year.」

「During the first quarter of the current consolidated fiscal year, the Group made a full-scale entry into agribusiness by establishing the Agribusiness Promotion Department and expanding plant factory production capacity. Accordingly, “Other Businesses” was added to the reportable segments.」