2026 Fiscal Year Third Quarter Consolidated Financial Summary [Japanese GAAP] (Consolidated)

Performance overview

In the third quarter of the 2026 fiscal year, the consolidated results show net sales of 97,880 million yen (YoY +2.7%), operating income of 6,161 million yen (YoY +66.1%), ordinary income of 6,201 million yen (YoY +89.2%), and net income attributable to owners of the parent of 2,789 million yen (YoY +21.9%), reflecting a substantial improvement in profitability. The refrigerated warehousing segment achieved higher revenue and profit due to increased demand and tariff revisions, marking a record high for the segment. Conversely, the Food Trading/Distribution segment incurred a decline in sales as a result of prioritizing profit margin improvements, though it achieved a notable improvement in profitability.

Outlook and capital allocation

The company has issued revised full-year guidance, and plans to continue enhancing financial flexibility through measures such as the trust setup and transfer of fixed assets. The aim is to respond to growing refrigerated warehousing demand and continue investment. While cash and cash equivalents have declined, operating cash flow remains strong, and the policy is to push ahead with growth investment through capital expenditure.