FY2026 Q3 Financial Summary [IFRS] (Consolidated)

Overview of Business Performance

During the cumulative Q3 period of FY2026, net sales amounted to 582,783 million yen (18.5% YoY increase), reflecting the impact of higher raw material costs such as cocoa beans resulting in increased selling prices. Operating income significantly increased to 28,805 million yen (700.7% YoY increase), primarily driven by robust sales of chocolate fats in the vegetable oils segment and reduced cocoa bean-related expenses at the U.S. subsidiary Blommer Chocolate Company. Net income attributable to owners of parent for the quarter turned positive at 16,376 million yen from a loss in the prior year quarter. By segment, vegetable oils and professional chocolate segments posted higher sales and profits, emulsifiers & fermentation materials segment declined in profit, and soy processing materials segment experienced decreases in both sales and profit.

Financial Position and Outlook

Total assets stood at 679,691 million yen (up YoY), total liabilities at 436,521 million yen (up YoY), and total equity at 243,170 million yen (up YoY). Cash flows from operating activities improved to a negative 8,958 million yen, although investing activities expenditure increased. The full-year earnings guidance was revised to net sales of 772,000 million yen (15.0% YoY increase), operating income of 36,500 million yen (175.2% YoY increase), and net income attributable to owners of parent of 16,500 million yen (327.0% YoY increase). For details, please refer to the separately disclosed “Notice of Revision to Full-Year Earnings Guidance.”