ITO EN, LTD. announced its consolidated results for May-July 2026. Net profit rose 15% year on year to ¥6.5 billion, driven by improved profitability in the vending-machine business and stronger overseas sales of tea-based beverages.
ITO EN, LTD.'s consolidated results for May-July 2026 showed net sales up 3% from the previous period to ¥135.1 billion and operating profit up 22% to ¥10.2 billion. Net profit was ¥6.5 billion, up 15% year on year. ITO EN Neos Corporation, the subsidiary that consolidates the vending-machine business, swung to an operating profit of ¥500 million.
Operating profit from overseas operations rose 31% to ¥1.335 billion, as sales of the tea-based beverage Oi Ocha increased mainly in the United States and the EU.
The forecast for the fiscal year ending April 2027 was left unchanged. Net sales are expected to increase marginally from the previous fiscal year to ¥500 billion, while net profit is projected to reach ¥11.4 billion, 3.3 times the previous year's level. Against a backdrop of the restructuring of the vending-machine business and expanding overseas demand, the company expects to continue improving profitability.
The company said efforts to improve the efficiency of the vending-machine business and remove equipment contributed to the improvement in profitability.
Alongside trends in domestic and overseas demand, ITO EN, LTD. cited expansion in overseas markets as a driver of future growth.