Prima Meat Packers, Ltd.
Prima Meat Packers, Ltd. (2281) Correction to the Financial Summary for Q3 Fiscal Year Ending March 2026
Prima Meat Packers, Ltd. announced a partial correction to the Q3 Financial Summary for the fiscal year ending March 2026. The operating income figures by segment were revised, with the Processed Foods segment decreasing from 7,790 million yen to 6,752 million yen, and the Meat segment increasing from 534 million yen to 1,572 million yen.
Key Figures
- Processed Foods Segment Operating Income: 6,752 million yen (after correction)
- Meat Segment Operating Income: 1,572 million yen (after correction)
- Consolidated Net Sales: 362,873 million yen (no change)
AI要約
Overview of the Correction
Prima Meat Packers, Ltd. has made corrections to the Q3 Financial Summary for the fiscal year ending March 2026 due to identified errors in segment information. There were no changes to the consolidated balance sheet or consolidated statement of income; the corrections pertain only to the segment operating income figures. Specifically, operating income in the Processed Foods segment decreased from 7,790 million yen to 6,752 million yen, while the Meat segment increased from 534 million yen to 1,572 million yen. Operating income in Other Businesses remained at 211 million yen.
Impact of the Correction and Future Outlook
The correction is limited to revising segment operating income figures and does not impact consolidated net sales or the recorded figures in the statement of income. In the Processed Foods segment, while increased volume of ham, sausages, and processed foods led to profit growth, decreased profits in vendor operations contributed to a decline in operating income. The Meat segment saw an increase in operating income due to higher sales volume despite profitability deterioration from reduced shipments in the pig farming business. Investors should closely monitor segment-specific performance trends.
