Earnings Presentation Materials for Fiscal Year Ending March 2026

Performance Overview

In the fiscal year ending March 2026, the core biscuit segment performed strongly, resulting in increased revenues. Operating income was maintained at the previous year's level despite increased manufacturing costs due to rising raw material prices. Ordinary income and net income attributable to owners of parent increased due to factors including the booking of foreign exchange gains. Net sales were 120,303 million yen (6.0% YoY increase), operating income 7,496 million yen (0.3% YoY increase), ordinary income 8,004 million yen (5.5% YoY increase), and net income 5,913 million yen (6.2% YoY increase).

Business Segment Trends and Outlook

In domestic operations, the biscuit segment grew sales driven by higher shipment volumes and price revisions. The chocolate segment saw shipment decreases offset by price revision effects, resulting in flat sales. The candy segment faced challenges due to intensified competition. Overseas, growth resumed in the China business, and the establishment of a subsidiary in Vietnam advanced new market development. Increased logistics and labor costs drove up expenses but were absorbed by higher shipment volumes and price adjustments. Going forward, Bourbon will continue investing in new product development and production expansion to pursue sustainable growth.