Financial Presentation for the First Half of the Fiscal Year Ending March 2027

Performance Overview

For the first half of fiscal 2027, consolidated results showed revenue of 112,788 million yen (YoY +9,796 million yen), operating income of 3,384 million yen (YoY +659 million yen), and net income attributable to owners of parent of 2,898 million yen (YoY +216 million yen), representing year-over-year increases. The Feed segment drove profit growth through improved raw material positioning and promotion of higher value-added product sales. Conversely, aquaculture feed experienced upward pressure on raw material costs such as fishmeal price surges, adversely affecting segment profits.

Shareholder Returns and Outlook

Regarding shareholder returns, the company presented its shareholder return policy and shareholder benefits while considering share buybacks. The company aims to achieve its full-year plan and will monitor business environment variables (raw material prices, foreign exchange, energy prices) while promoting sales of higher value-added feed products and cost management. Mid-term initiatives include advancing sustainability measures such as greenhouse gas reduction.