2027 Q1 Financial Results | Revenue ¥78.4 billion (+9.0%)

Overview of Financial Results

Feed One recorded consolidated revenue of ¥78.4 billion (+9.0%), operating income of ¥2.1 billion (+45.0%), ordinary income of ¥2.36 billion (+26.7%), and net income of ¥1.76 billion (+7.6%) in the first quarter of fiscal 2027. The livestock feed segment continued to perform strongly, seafood feed sales increased but profits were constrained by raw material costs, and the food segment saw both revenue and profit growth. Overall, the company is maintaining steady growth while advancing capital investments and business model transformations.

Financial Position and Future Outlook

Total assets stand at ¥135.78 billion (up ¥2.76 billion from the previous term), with net assets of ¥63.25 billion (an increase of ¥860 million). The equity ratio is 46.1%. The full-year financial forecast for 2027 remains unchanged, projecting net sales of ¥317.0 billion (+9.1%) and net income of ¥650 million (+1.9%). The dividend forecast remains stable at ¥52 per share (an increase from the previous year). Moving forward, the company will continue to focus on transforming into a value-added business model and making strategic capital investments to achieve sustainable growth.