Fiscal Year Ending March 2026 Q3 Financial Presentation Materials

Overview of Business Performance

In the third quarter of the fiscal year ending March 2026, domestic mushroom unit prices remained firm, and in the chemicals segment's agricultural materials field, equipment sales combined with stable raw material sales drove net sales up 3.4% year-over-year to ¥63,709 million. Operating income increased 8.1% to ¥4,380 million. Notably, net income attributable to owners of parent surged 62.7% to ¥4,829 million, achieving significant profit growth.

Performance by Segment

The domestic mushroom business saw steady unit prices and increased sales and profits due to new customer acquisition and area strategy promotion. The overseas mushroom business performed well in the U.S., while Taiwan and Malaysia experienced weaker results, resulting in decreased sales and profits. The processed foods business recorded strong demand for restaurant and delicatessen products but could not cover the first half’s decline, leading to decreased sales but increased profits. The chemicals segment in agricultural materials achieved increased sales and profits driven by steady equipment sales and raw material sales.

Regarding Dividends

An interim dividend of ¥10 and a year-end dividend of ¥45 are planned for the fiscal year ending March 2026. Past dividend trends include special dividends such as a ¥5 60th anniversary commemorative dividend.

Changes (Enhancements) to Shareholder Benefits Program

For shareholders recorded in the shareholder registry as of March 31, 2026, those holding 500 shares or more continuously for over one year will receive, in addition to the usual benefits, a new Visa gift card worth ¥3,000. The revised program will apply from that date onward, with benefits scheduled for delivery around June.