NH Foods Ltd.
Notice Regarding Revision of Earnings Guidance and Dividend Forecast
The full-year sales forecast for the fiscal year ending March 2026 has been upwardly revised to 1.44 trillion yen, a 0.7% increase, with operating income raised by 8.5% to 64 billion yen. The dividend per share was also increased by 4 yen to 160 yen.
Key Figures
- Net Sales: 1,440,000 million yen (0.7% increase from previous forecast)
- Operating Income: 64,000 million yen (8.5% increase from previous forecast)
- Year-end Dividend: 160 yen (4 yen increase from previous forecast)
AI要約
Details of Revision to Earnings Guidance
In the consolidated earnings guidance for the fiscal year ending March 2026, net sales were revised upward to 1.44 trillion yen (0.7% increase from previous forecast), and operating income was increased to 64 billion yen (8.5% increase). The main factors behind the increase in net sales are the rise in unit price of domestically produced chicken and strong sales of Australian beef. The increase in operating income is due to increased demand for Australian beef and higher production volume driven by rising market prices for domestic chicken. On the other hand, income before income taxes and net income attributable to owners of parent remained at the previous forecast level due to impacts from a fire incident.
Revision to Dividend Forecast and Shareholder Return Policy
The year-end dividend has been raised by 4 yen from the previously forecasted 156 yen to 160 yen. Nippon Ham’s basic policy is stable dividend growth, targeting a DOE of around 3% and a payout ratio of over 40% to strengthen shareholder returns. This dividend increase reflects the consolidated earnings guidance and is positioned as part of capital policy aimed at enhancing corporate value over the medium to long term.
