Financial Summary for the Third Quarter of the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

Performance Overview

For the cumulative third quarter of the fiscal year ending March 2026, the Group's net sales amounted to ¥256.91 billion (9.4% YoY increase), operating income was ¥9.06 billion (8.1% YoY decrease), ordinary income was ¥8.56 billion (12.3% YoY decrease), and quarterly net income attributable to owners of the parent was ¥5.68 billion (7.2% YoY decrease). The Marine Products segment recorded net sales of ¥148.93 billion (13.6% YoY increase) and operating income of ¥5.03 billion (12.2% YoY decrease). The Fresh Foods segment had net sales of ¥55.83 billion (8.6% YoY increase) and operating income of ¥3.13 billion (9.1% YoY increase). The Processed Foods segment reported net sales of ¥50.44 billion (0.4% YoY decrease) and operating income of ¥2.02 billion (7.2% YoY decrease). The Logistics Services segment had net sales of ¥1.30 billion (1.2% YoY increase) and operating income of ¥0.26 billion (8.5% YoY increase).

Financial Position Overview and Earnings Forecast

At the end of the consolidated third quarter accounting period of the fiscal year ending March 2026, total assets stood at ¥222.44 billion, an increase of ¥40.31 billion compared to the previous consolidated fiscal year-end. Net assets increased by ¥75.64 billion, resulting in an equity ratio of 33.3% (down 3.2 percentage points from the previous fiscal year-end). Annual dividends are forecasted at ¥150 for the fiscal year ending March 2026. The full-year consolidated earnings forecast anticipates net sales of ¥330.0 billion (9.0% YoY increase), operating income of ¥11.1 billion (0.2% YoY increase), ordinary income of ¥10.3 billion (5.1% YoY decrease), and net income attributable to owners of the parent of ¥6.7 billion (0.6% YoY decrease).