Fiscal Year Ending March 2026 Financial Summary [Japanese GAAP] (Consolidated)

Overview of Business Performance

Consolidated net sales for the fiscal year ending March 2026 amounted to 720,217 million yen (up 3.0% YoY), primarily driven by expanded transactions with convenience stores and wholesalers, and growth in beverages and noodles. Operating income significantly increased to 10,562 million yen (up 24.2% YoY), while ordinary income rose to 12,591 million yen (up 11.6% YoY). Net income attributable to owners of parent showed a slight increase to 8,273 million yen (up 0.8% YoY). By product category, growth was seen in confectionery & beverages, noodles & dried foods, and frozen & chilled products. By business format, wholesalers and convenience stores performed well.

Financial Position and Cash Flow Status

Total assets stood at 287,871 million yen (an increase of 16,320 million yen from the previous term), and net assets rose to 126,358 million yen (up 10,766 million yen). The equity ratio improved to 43.9%. Cash flow from operating activities turned positive at 10,765 million yen, and cash and cash equivalents at the end of the period totaled 21,034 million yen, up 8,388 million yen from the previous term. Cash flow from investing activities was positive 158 million yen, and cash flow from financing activities declined by 2,535 million yen.

Future Outlook

Based on the decision announced on April 28, 2026, regarding the stock purchase request by Itochu Corporation for the company’s shares, the company plans to be delisted. Therefore, earnings guidance for the fiscal year ending March 2027 is not provided. Marking its 140th anniversary, the company will strive for sustainable growth and enhancement of corporate value as a member of the Itochu Corporation Group.