Financial Summary for the Second Quarter (Interim) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

Overview of Results

For the second quarter (interim) of the fiscal year ending March 2027, Nippn Corporation recorded net sales of 213,509 million yen, reaching 102.7% of the prior-year level. However, operating income declined significantly to 8,440 million yen, a -77.4% decrease year-on-year, due to higher raw material, labor and logistics costs and increased depreciation from a new factory. Ordinary income also decreased similarly, while interim net income attributable to owners of parent rose to 10,226 million yen, a 9.7% increase year-on-year. By region and business segment, the Food Business remained solid and Other Businesses showed growth.

Outlook and Impact for Investors

Through preparation of supplementary financial materials and holding an earnings presentation, the Company will continue cost controls and price revisions to address sustained high raw material prices and logistics costs. The full-year earnings forecast for the fiscal year ending March 2027 remains unchanged as previously announced. The Company maintains the current full-year dividend forecast of 68 yen. Over the medium to long term, the Company aims to stabilize its earnings base by strengthening the brand of its frozen one-plate product "Nippn Irodori Gohan." and continuing investment in research and development.