Miyoshi Oil & Fat Co., Ltd. Financial Summary for the Third Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

Performance Overview

For the cumulative third quarter period, revenue was 46,922 million yen, up 7.2% year-on-year; operating income was 1,890 million yen, up 64.3% year-on-year; and ordinary income was 1,761 million yen, up 55.9% year-on-year, representing significant improvement. However, quarterly net income attributable to owners of parent was 1,531 million yen, a substantial decrease compared with the prior-year period due in part to the reversal of special gains in the prior period (such as gains on sale of fixed assets). By segment, the Food Business recorded 32,719 million yen and the Oil & Fat Business recorded 13,861 million yen, which drove overall revenue. No financial results briefing session was held, and full-year forecasts remain unchanged. An important accounting policy change was implemented: the inventory valuation method was changed from the previous monthly weighted-average method to the moving-average method.

Outlook and Impact on Shareholders

The full-year earnings forecast remains unchanged at the time of publication, and the company plans to continue stabilizing earnings while taking into account fluctuations in sales and raw material costs. The financial summary notes the possibility of recording an extraordinary loss in the fourth quarter due to the postponement of completion of some construction work, which could result in full-year net income falling below the most recent outlook. Dividend policy and distribution information for shareholders are not stated in this summary and require separate disclosure.