Financial Summary for the Fiscal Year Ending February 2026 [Japanese GAAP] (Consolidated)

Summary of Performance

For the fiscal year ending February 2026, consolidated financial results were net sales of JPY 472.312 billion (6.2% YoY increase), operating income of JPY 10.476 billion (103.7% YoY increase), ordinary income of JPY 11.726 billion (83.5% YoY increase), and net income attributable to owners of parent of JPY 9.236 billion (246.3% YoY increase). The core Meat Manufacturing and Wholesale segment recorded net sales of JPY 436.641 billion (6.1% YoY increase) and segment profit of JPY 9.889 billion (127.1% YoY increase) showing strong results. The Retail segment posted net sales of JPY 24.851 billion (3.3% YoY increase) while profits declined 9.5%. The Dining segment achieved net sales of JPY 9.959 billion (22.5% YoY increase) but profits decreased 15.6%. Despite ongoing increases in raw material and labor costs, the company has focused on efficiency improvements and strengthening sales capabilities.

Financial Position and Future Outlook

Total assets amounted to JPY 251.439 billion (9.0% YoY increase) and net assets totaled JPY 140.672 billion (8.3% YoY increase), with an equity ratio of 52.5% maintaining stability. Operating cash flow increased to JPY 8.75 billion compared to the previous fiscal year. Forecasts for the fiscal year ending February 2027 project net sales of JPY 500.0 billion (5.9% YoY increase), operating income of JPY 10.0 billion (4.5% YoY decrease), ordinary income of JPY 11.0 billion (6.2% YoY decrease), and net income attributable to owners of parent of JPY 6.5 billion (29.6% YoY decrease). The company will continue to develop domestic and overseas production bases, expand exports, and pursue product development aiming to build a stable management foundation.