A beverage maker that achieved more than 50% of its full-year plan by Q1 reported strong results, sending its stock to a new year-to-date high. It posted the largest percentage gain in the TSE Prime Market.
Following the announcement of its results for the first quarter of the fiscal year ending April 2026, the beverage maker posted net sales of ¥135.18 billion, operating profit of ¥10.2 billion and net income of ¥6.559 billion, all higher year on year. Progress against the full-year plan reached approximately 51%. Profit was boosted by the penetration of price revisions in its core Leaf and Drink-related business, restrained promotional spending and the impact of offsetting effects.
The company's food-service business also performed well, posting net sales of ¥12.45 billion and operating profit of ¥991 million. The effects of collaboration initiatives also contributed.
Across the market, Tokyo stocks fell broadly on 2 September under the influence of U.S. markets. The Nikkei average remained weak throughout the session and ended at 64,325.64, down approximately ¥1,889.70 from the previous day. Trading volume in the TSE Prime Market increased, while the number of advancing stocks was limited.
Among individual stocks in the TSE Prime Market, ITO EN, LTD. ranked first among the top gainers at ¥3,273, up 8.70%, followed by Infomart Corporation, up 3.77%, and Hokkaido Gas Co., Ltd., up 3.49%. Nittetsu Mining Co., Ltd., Sumitomo Metal Mining Co., Ltd. and Kyowa Kirin Co., Ltd. posted sharp declines.