FY2026 Financial Results Summary [Japanese GAAP] (Consolidated)

Overview of FY2026 Consolidated Performance

Prime Hanami Co., Ltd.'s FY2026 consolidated net sales were ¥475.574 billion (up 3.8% YoY), operating profit was ¥9.131 billion (up 2.0% YoY), and ordinary income was ¥11.185 billion (up 6.5% YoY). Meanwhile, net income attributable to owners of the parent declined to ¥4.587 billion (down 35.2% YoY). The sales increase was driven by higher volumes of ham, sausage, processed foods, and meat products, while the decrease in net income attributable to owners of the parent was mainly due to impairment losses on fixed assets and the valuation allowance for deferred tax assets related to vendor business deterioration.

Individual Performance and Differences in Subsidiary Results

On an individual basis, net sales amounted to ¥353.169 billion (up 5.6% YoY), and operating profit was ¥9.413 billion (up 51.8% YoY). The subsidiary Prime Hanami Co., Ltd. reported FY2026 net sales of ¥353.169 billion, ordinary income of ¥13.054 billion, and net income of ¥10.573 billion, all increasing compared to the previous year. The differences between consolidated and individual results are primarily due to impairment losses on fixed assets related to vendor business deterioration at the subsidiary.

FY2027 Forecast and Dividend Policy

For FY2027, the consolidated outlook includes net sales of ¥500.000 billion (up 5.1% YoY), operating profit of ¥11.000 billion (up 20.5% YoY), ordinary income of ¥12.000 billion (up 7.3% YoY), and net income attributable to owners of the parent of ¥7.500 billion (up 63.5% YoY). The planned annual dividend is ¥80 (¥40 interim, ¥40 year-end), with a continued aim for a payout ratio of over 40% to ensure stable dividends.