Nissui Corporation
Supplementary Materials for the Financial Summary for the Third Quarter of the Fiscal Year Ending March 2026
For the third quarter of the fiscal year ending March 2026, net sales were 689.7 billion yen (up 4.0% YoY), operating income was 31.4 billion yen (up 26.5% YoY), and quarterly net income was 22.3 billion yen (up 14.1% YoY). Achievement rates against the annual plan were 76.6% for net sales, 91.1% for operating income, and 89.4% for net income.
Key Figures
- Net Sales: 689.7 billion yen (up 4.0% YoY)
- Operating Income: 31.4 billion yen (up 26.5% YoY)
- Quarterly Net Income: 22.3 billion yen (up 14.1% YoY)
AI要約
Overview of Performance
In the third quarter of the fiscal year ending March 2026, recovery in aquaculture and North American seafood processing progressed smoothly, while domestic chilled products remained strong, leading to increased sales and profits. Net sales amounted to 689.7 billion yen (up 4.0% YoY), operating income was 31.4 billion yen (up 26.5% YoY), and quarterly net income was 22.3 billion yen (up 14.1% YoY), progressing at a pace significantly exceeding the initial plan. Despite impairment losses in South American fishing operations under special gains and losses, progress on the sale of policy-held shares minimized profit and loss impact.
Segment Performance and Financial Position
By segment, the marine products business recorded 279.1 billion yen (up 3.2% YoY), and the food business posted 375.6 billion yen (up 5.5% YoY), both performing well. Operating income surged in the marine products business to 12.4 billion yen (up 142.7% YoY), while the food business recorded 24.0 billion yen (up 1.4% YoY). The logistics business experienced a profit decline. On a consolidated balance sheet basis, total assets increased to 686.8 billion yen (+51.9 billion yen from the previous term-end), net assets rose to 293.9 billion yen (+8.0 billion yen), and the equity ratio declined to 41.3% but remained at a stable level. Consolidated cash flows showed operating CF of 24.0 billion yen (versus 17.7 billion yen YoY), investment CF at -33.4 billion yen, and financing CF of 16.1 billion yen, reflecting upfront strategic investments.
Outlook and Dividend
Based on the results through the third quarter, the full-year plan has been revised upward to net sales of 928.0 billion yen (up 4.7% YoY), operating income of 38.0 billion yen (up 19.6% YoY), and net income attributable to owners of the parent of 27.5 billion yen (up 8.3% YoY). The year-end dividend is planned to increase by 4 yen to 32 yen annually. A record high profit is anticipated.
