First Quarter Financial Summary for the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated)

Overview of Earnings

In the first quarter of this term, net sales were 24,213 million yen, down 2.7% YoY; operating income was 22 million yen (down 93.7% YoY); ordinary income was △50 million yen; and net loss attributable to owners of the parent for the quarter was △153 million yen. While core Slim products and prepared foods for autumn/winter demand remain strong, overall sales and profits were soft. The full-year plan is unchanged from the previous forecast. By segment, Domestic Food contributed 16,186 million yen, Overseas Food 2,650 million yen, and Food-Related 5,375 million yen, with steady growth from Food-Related supporting results. The financial position shows total assets of 79,790 million yen and a shareholders’ equity ratio of 31.3%.

Outlook and Capital Policy

The full-year forecast remains the same as the outlook announced in May 2026: Sales 116,873 million yen, Operating income 5,208 million yen, Ordinary income 4,340 million yen, Net income attributable to owners of the parent 2,559 million yen, and 112.09 yen per share in terms of earnings per share. For segment-specific initiatives, the company will continue domestic food promotional activities and implement measures to curb raw material costs. Considering that the third quarter tends to concentrate sales and profits, emphasis will continue on seasonality and liquidity management.