Fiscal Year Ending March 2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)

Overview of Business Results

In the consolidated cumulative third quarter period of the fiscal year ending March 2026, net sales were 402,636 million yen (3.6% increase YoY), operating income was 64,568 million yen (6.1% increase YoY), ordinary income was 70,812 million yen (4.9% increase YoY), and net income attributable to owners of parent for the quarter was 53,430 million yen (5.0% increase YoY). The exchange rate was 148.75 yen/USD, showing a slight yen appreciation trend compared to the previous year. By segment, the overseas instant noodles business performed well with net sales of 181,120 million yen (3.0% increase), with price revisions and increased raw material costs covered, leading to a 6.5% profit increase. The marine products business improved profit margins due to increased sales volume; the domestic instant noodles business posted higher sales and profits on strong performance of main products; and the chilled foods business also increased profits along with sales growth. On the other hand, the processed foods business posted a loss due to increased raw material costs and other factors.

Financial Position and Future Outlook

At the end of the third quarter, total assets were 629,242 million yen (an increase of 34,264 million yen from the previous fiscal year-end) and net assets were 517,397 million yen (an increase of 23,752 million yen), maintaining a high equity ratio of 80.2%. Treasury stock increased due to share buybacks, but net assets grew owing to increases in retained earnings and foreign currency translation adjustments. There is no revision to the full-year earnings guidance, which forecasts net sales of 535,000 million yen (4.4% increase), operating income of 80,000 million yen (4.6% increase), and net income attributable to owners of parent of 66,000 million yen (3.4% increase). Going forward, the company will carefully monitor exchange rate trends, inflation, and U.S. policy developments, while proactively promoting sales activities and cost reductions.