FY2027 February Term – Q2 (Interim) Financial Summary [Japanese GAAP] (Consolidated)

Summary of Results

For the six months ended February 2027 (Q2), consolidated results showed net sales of approximately 120,853 million yen, which was slightly higher but essentially flat compared with the same period last year. However, due to increases in raw material costs and labor expenses and the impact of the suspension of operations at the Sapporo factory, operating income declined to approximately 3,969 million yen, a 25.0% decrease year-on-year. Ordinary income was approximately 4,203 million yen, and interim net income attributable to owners of parent was approximately 2,638 million yen, both below the prior-year levels. Interim net income per share was 151.96 yen. A revision to the full-year earnings forecast will be announced, so future outlooks should be monitored. By segment, the food-related, ingredients-related, and logistics-related divisions contributed to sales.

Impact on Shareholders and Outlook

The most recent dividend recorded at the end of Q2 is 60 yen, with a full-year dividend forecast of 120 yen. A revision to the full-year earnings forecast is expected to be announced, and trends in logistics, food prices, and raw material cost fluctuations could affect future results. Whether the factory suspension continues, the correction of raw material cost increases, and recovery in supply-demand conditions will determine next fiscal year's performance.