FY2026 Q1 Financial Summary [Japanese GAAP] (Consolidated)

Summary of Financial Results

In FY2026 Q1, net sales increased to JPY 29,558 million (YoY +5.4%), while operating income declined to JPY 414 million (YoY △59.0%) due to rising raw material costs. Net income attributable to owners of parent was JPY 30 million (YoY △96.1%), showing a significant decrease. The Western confectionery segment saw sales decline year-over-year due to store count reduction and decreased customer traffic at existing stores, whereas the confectionery manufacturing segment increased sales through strengthening main products and launching new ones. The beverage segment also achieved sales growth driven by new product introductions.

Financial Position and Outlook

Total assets amounted to JPY 103,746 million, a decline from the previous fiscal year-end, and net assets stood at JPY 65,324 million. Liabilities show a decreasing trend. There are no changes to the full-year earnings forecast for FY2026, with net sales projected at JPY 125 billion (YoY +4.6%), operating income at JPY 3.2 billion (YoY +12.6%), and net income attributable to owners of parent at JPY 2.1 billion (YoY +3.4%). The stabilization of raw material prices is expected to support performance recovery from the second quarter onward.