Financial Summary for the Second Quarter (Interim) of the Fiscal Year Ending March 2027

Key Points of the Financial Results

Interim net sales were 14,468 million yen, increasing year-over-year; however, operating income declined significantly due to rising raw material costs and increases in labor and logistics expenses. Ordinary income improved due in part to gains on sales of investment securities, and interim net income attributable to owners of parent increased. By segment, the Foods segment showed steady sales while profitability in the Confectionery division deteriorated. Chemical products and Real Estate segments remained steady/growing. The company expects cost-of-goods improvements and contributions from new products in the second half and plans to keep the full-year forecast unchanged.

Capital Policy and Outlook

A stock split is planned (record date: December 31, 2026; effective date: January 1, 2027) and amendments to the Articles of Incorporation will be implemented. Under a policy emphasizing improved capital efficiency and shareholder returns, the company will continue treasury stock acquisitions. Dividends are planned at 40 yen interim and 20 yen year-end (figures presented considering the effect of the stock split), with no recent forecast revisions. For the second half, the company anticipates expanded sales of new products and mitigation of the impact of high raw material costs, and will maintain its full-year forecast.