Results for this period
Interim period (second quarter)1 October 2025–31 March 2026Non-consolidated (standalone)Japanese GAAPThe 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.
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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
The Food Division recorded higher revenue and earnings on increased sales of new contracts, new items and high-margin products. The Agricultural Products Division recorded lower revenue due to soaring origin prices and weak performance in securing new transactions. The China Development Division was affected by sluggish sales of cosmetics and miscellaneous goods to China. The Lifestyle Industries Division recorded lower revenue due to the switch following the suspension of pork imports from Spain and delays in shipments.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 October 2025–31 March 2026 |
| Net Sales | 9,571 Millions of yen (YoY -6.6%) |
| Operating profit | 144 Millions of yen (YoY +13.6%) |
| Ordinary income | 106 Millions of yen (YoY +14.3%) |
| Profit attributable to owners of the parent | 88 Millions of yen (YoY +10.2%) |
| Net income per share | ¥45.82 |
| Equity ratio | End of the current fiscal period 12.6% / End of previous period 11.6% |
| Total assets | 8,549 Millions of yen |
| Net assets | 1,101 Millions of yen |
| Cash flows from operating activities | ¥410,256 thousand |
| Cash flows from investing activities | ¥-1,657 thousand |
| Cash flows from financing activities | ¥-353,432 thousand |
| Cash and cash equivalents at end of period | ¥317,537 thousand |
| Full-year earnings forecast | Net Sales 25,052 Millions of yen (YoY +27.4%) / Operating profit 290 Millions of yen (YoY +17.2%) / Ordinary income 228 Millions of yen (YoY +31.2%) / Net income 182 Millions of yen (YoY +22.6%) |
| Annual Dividend Forecast | ¥0 → ¥0（0.0%） |
| Segment revenue | Food Products Department ¥5,434,480 thousand (YoY +31.0%), Agricultural Products Department ¥1,002,194 thousand (YoY -22.6%), China Development Department ¥2,998,484 thousand (YoY -20.0%), Lifestyle Industries Department ¥136,351 thousand (YoY -87.1%) |
| Segment profit | Food Products Department ¥142,438 thousand (YoY +29.8%), Agricultural Products Department ¥15,152 thousand (YoY -2.6%), China Development Department ¥70,967 thousand (YoY -24.5%), Lifestyle Industries Department ¥-6,407 thousand |
| Depreciation and amortization | ¥4,046 thousand |
| Impairment loss | No applicable matters. |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 1,934,019 shares |
| Treasury Shares at Period-End | 823 shares |
| Factors Behind Changes in Business Performance | The Food Division recorded higher revenue and earnings on increased sales of new contracts, new items and high-margin products. The Agricultural Products Division recorded lower revenue due to soaring origin prices and weak performance in securing new transactions. The China Development Division was affected by sluggish sales of cosmetics and miscellaneous goods to China. The Lifestyle Industries Division recorded lower revenue due to the switch following the suspension of pork imports from Spain and delays in shipments. |
Items this document does not state (9)
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.The company secured new sales contracts for imported chicken, increased sales of new and high-margin processed food products from Thailand, and received more orders from new customers for domestic chicken. In agricultural products, however, the company made limited progress in securing new transactions. In China-related products, sales of cosmetics and miscellaneous goods to Chinese online businesses remained sluggish. In imported pork, shipments did not progress after switching from Spanish to Brazilian products. The company also cited higher raw material prices and transportation costs, as well as the impact of foreign exchange rates.