Fiscal Year Ending March 2026, 3rd Quarter Financial Summary [Japanese GAAP] (Consolidated)

Business Performance Overview

During the cumulative third quarter period of the fiscal year ending March 2026, net sales increased to 317.446 billion yen (101.6% YoY), operating income was 17.768 billion yen (104.0% YoY), and ordinary income was 20.631 billion yen (103.9% YoY). Net income attributable to owners of parent decreased to 15.577 billion yen (79.9% YoY) due to the absence of special gains recorded in the previous year. The flour milling segment posted net sales of 91.825 billion yen (99.0% YoY) and operating income of 7.496 billion yen (105.8% YoY), impacted by price revisions. The food segment achieved net sales of 185.855 billion yen (102.3% YoY) and operating income of 7.919 billion yen (102.0% YoY), driven by expanded inbound demand and successful marketing strategies. The other businesses segment remained solid with net sales of 39.765 billion yen (104.5% YoY) and operating income of 2.39 billion yen (104.3% YoY).

Financial Position and Outlook

Total assets increased by 48.87 billion yen from the previous fiscal year-end to 448.097 billion yen, and net assets rose by 34.684 billion yen to 281.168 billion yen. Liabilities increased by 14.186 billion yen to 166.928 billion yen. The full-year earnings forecast for the fiscal year ending March 2026 remains unchanged, with projected net sales of 424 billion yen (3.2% increase YoY), operating income of 21.5 billion yen (0.1% increase YoY), ordinary income of 24.5 billion yen (0.4% increase YoY), and net income attributable to owners of parent of 20.2 billion yen (18.4% decrease YoY). The dividend forecast is also unchanged at 66 yen per annum.