Supplementary Financial Materials for the Fiscal Year Ending March 2026 (April 2025 – March 2026)

Performance Overview

Operating profit for the fiscal year ending March 2026 reached a record high of ¥31.2 billion (2.7% increase YoY). This improvement was supported by enhanced profitability in the marine resources segment and strong performance in European operations. Excluding a one-time corporate transformation cost of ¥2.0 billion, the adjusted operating profit was ¥33.2 billion. Net income attributable to owners of the parent amounted to ¥22.2 billion (4.7% decrease YoY), including a special gain of ¥11.5 billion from reduction of policy holdings and real estate sales, offset by special losses of ¥3.2 billion primarily due to head office relocation costs. The annual dividend is planned at ¥45, with an expected payout ratio of 45.4%.

Full-year Plan for the Fiscal Year Ending March 2027

Operating profit is planned at ¥32.0 billion (2.6% increase YoY). Excluding approximately ¥3.0 billion in corporate transformation costs, the adjusted operating profit is forecasted at ¥35.0 billion. The company aims to improve profitability through business structural reforms, product portfolio review, and strengthening pet food sales. Net income attributable to owners of the parent is planned at ¥15.0 billion, with dividends maintained at an annual ¥45. A payout ratio target of 45% is set.