Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese 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.
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.
Higher fish prices, increased sales volumes of bait and feed, and higher profits in the core businesses due to increased sales volumes of live bait. The eel farming business posted an operating loss as sales prices declined due to higher aquaculture costs, an oversupply of domestically produced eels, and inexpensive live eel imports from China and elsewhere.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥12,383 million (YoY +23.3%) |
| Operating profit | ¥558 million (YoY +121.8%) |
| Ordinary income | ¥711 million (YoY +87.5%) |
| Profit attributable to owners of the parent | ¥508 million (YoY +99.8%) |
| Net income per share | ¥41.49 |
| Equity ratio | End of the current fiscal period 76.3 / End of previous period 73.7 |
| Total assets | ¥53,891 million |
| Net assets | ¥41,103 million |
| Full-year earnings forecast | Net Sales Undecided / Operating profit Undecided / Ordinary income Undecided / Net income Undecided |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥25 → Undecided（Undecided） |
| Shareholder Return Policy | Stable dividends are the basic policy. Numerical targets: not disclosed |
| Segment revenue | Fresh fish sales business ¥7,521,714 thousand (YoY +2.1%) / Bait and feed sales business ¥4,861,314 thousand (YoY +81.3%) |
| Segment profit | Fresh fish sales business ¥36,698 thousand / Bait and feed sales business ¥529,666 thousand |
| Depreciation and amortization | ¥170,671 thousand |
| Impairment loss | None applicable (material impairment loss related to non-current assets) |
| Breakdown of extraordinary income (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 |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name No applicable matters |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 12,290,862 |
| Treasury Shares at Period-End | 35,813 |
| Factors Behind Changes in Business Performance | Higher fish prices, increased sales volumes of bait and feed, and higher profits in the core businesses due to increased sales volumes of live bait. The eel farming business posted an operating loss as sales prices declined due to higher aquaculture costs, an oversupply of domestically produced eels, and inexpensive live eel imports from China and elsewhere. |
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 fresh fish sales business posted higher revenue because fish prices remained high. The bait and feed sales business posted a substantial increase in revenue because sales volumes of both live bait and compound feed increased. In terms of profits, the eel farming business posted an operating loss due to higher aquaculture costs, an oversupply of domestically produced eels, and declining sales prices resulting from imports of inexpensive live eels from China and elsewhere. However, the core businesses remained solid, and all profit measures increased due to higher sales volumes of live bait.