Chubu Feed Q1 2027 Financial Results | Sales of ¥56.2 billion, up 7.7%

Performance Overview

In the first quarter of fiscal year 2027, Chubu Feed recorded net sales of ¥56.291 billion (a 7.7% increase from the same period last year), operating income of ¥1.232 billion (a 10.6% increase), ordinary income of ¥1.6 billion (a 19.9% increase), and net income of ¥3.466 billion (3.4 times higher). Of particular note, gains from the sale of logistics warehouses in Yokohama contributed ¥3.113 billion as a special gain, significantly boosting net income. Segments showed increased profits due to higher feed prices and improved profit margins, aquaculture feed remained flat supported by increased sales volume and stable fish prices, and other businesses also saw increased revenue and profit.

Financial Position and Future Outlook

Total assets stood at ¥109.775 billion (an increase of ¥839 million from the previous period), with net assets at ¥7.546 billion (an increase of ¥2.221 billion). The equity ratio improved to 68.3%. The full-year earnings forecast for 2027 remains unchanged, projecting sales of ¥221 billion and net income of ¥6.9 billion. The company will continue to monitor feed prices and raw material costs to pursue sustainable growth.