Worth reading
47Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
154.9
Year-on-year change in operating income (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales25,515¥ millionYear on year +21.2%Progress 50.0%
Operating profit1,301¥ millionYear on year +154.9%Progress 65.1%
Ordinary income1,542¥ millionYear on year +134.7%Progress 64.3%
Net income attributable to owners of the parent1,043¥ millionYear on year -62.0%
The 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.
Net income per share¥85.14
Financial position at period-end
Total assets56,191¥ million
of which net assets 42,543 ¥ millionEquity ratio 75.7%vs. prior year-end +2.0pt
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.
Segment revenue
Fresh fish sales business14,10855.3%+2.1%
Bait and feed sales business11,40544.7%+57.5%
Other Businesses20.0%+80.9%
Segment profit
Fresh fish sales business-195,502
Bait and feed sales business1,522,203
Other-517
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥51,000 million (YoY +7.0%)
Operating profit¥2,000 million (YoY +7.0%)
Ordinary income¥2,400 million (YoY +9.4%)
Profit attributable to owners of the parent¥1,600 million (YoY -57.7%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥51,000 million / Operating profit Not disclosed → ¥2,000 million / Ordinary income Not disclosed → ¥2,400 million / Profit attributable to owners of the parent Not disclosed → ¥1,600 million
Annual Dividend Forecast¥25 → To be determined
Shareholder Return PolicyStable dividends as the basic policy (no numerical target stated)
Factors Behind Changes in Business Performance
Fish prices continued to remain high, sales volumes of both live bait and compound feed increased, and the gain on the sale of investment securities recorded as extraordinary income in the previous interim period was no longer recognized.
Disclosure regarding the going concern assumption
No applicable matters
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationWhether applicable None / New Not disclosed / Excluded Not disclosed / Company name Not disclosed
Impairment lossNot applicable (material impairment loss related to fixed assets)
Breakdown of extraordinary income (loss)Current interim period No extraordinary income or extraordinary losses recorded / Interim period of the previous year Extraordinary income Gain on sale of investment securities ¥3,489,384 thousand
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNone
Issued Shares at Period-End12,302,711 Shares
Treasury Shares at Period-End35,813 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥25,515 million (YoY +21.2%) |
| Operating profit | ¥1,301 million (YoY +154.9%) |
| Ordinary income | ¥1,542 million (YoY +134.7%) |
| Profit attributable to owners of the parent | ¥1,043 million (YoY -62.0%) |
| Net income per share | ¥85.14 |
| Equity ratio | End of the current fiscal period 75.7 / End of previous period 73.7 |
| Total assets | ¥56,191 million |
| Net assets | ¥42,543 million |
| Full-year earnings forecast | Net Sales ¥51,000 million (YoY +7.0%) / Operating profit ¥2,000 million (YoY +7.0%) / Ordinary income ¥2,400 million (YoY +9.4%) / Profit attributable to owners of the parent ¥1,600 million (YoY -57.7%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥51,000 million / Operating profit Not disclosed → ¥2,000 million / Ordinary income Not disclosed → ¥2,400 million / Profit attributable to owners of the parent Not disclosed → ¥1,600 million |
| Annual Dividend Forecast | ¥25 → To be determined |
| Shareholder Return Policy | Stable dividends as the basic policy (no numerical target stated) |
| Segment revenue | Fresh fish sales business ¥14,108 million (YoY +2.1%) / Bait and feed sales business ¥11,405 million (YoY +57.5%) / Other Businesses ¥2 million (YoY +80.9%) |
| Segment profit | Fresh fish sales business ¥-195,502 thousand / Bait and feed sales business ¥1,522,203 thousand / Other ¥-517 thousand |
| Impairment loss | Not applicable (material impairment loss related to fixed assets) |
| Breakdown of extraordinary income (loss) | Current interim period No extraordinary income or extraordinary losses recorded / Interim period of the previous year Extraordinary income Gain on sale of investment securities ¥3,489,384 thousand |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | Whether applicable None / New Not disclosed / Excluded Not disclosed / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | None |
| Availability of Financial Results Briefing | None |
| Issued Shares at Period-End | 12,302,711 Shares |
| Treasury Shares at Period-End | 35,813 Shares |
| Factors Behind Changes in Business Performance | Fish prices continued to remain high, sales volumes of both live bait and compound feed increased, and the gain on the sale of investment securities recorded as extraordinary income in the previous interim period was no longer recognized. |
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioRegional salesOrders received and order backlogDepreciation and amortizationMaterial subsequent events
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 reported higher revenue because fish prices remained high, while the sales business for bait and feed reported higher revenue because sales volumes of live bait and compound feed increased. Operating income and ordinary income increased due to higher sales volumes, while interim net income attributable to owners of the parent declined because the gain on the sale of investment securities recorded in the previous interim period was no longer recognized.
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.