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

Summary of Performance

For the fiscal year ending March 2026, consolidated performance recorded net sales of 1,071.381 billion yen (up 8.4% YoY), operating income of 28.456 billion yen (up 45.4% YoY), ordinary income of 30.395 billion yen (up 46.5% YoY), and net income attributable to owners of parent of 20.225 billion yen (up 54.4% YoY). Despite a challenging business environment marked by sustained high raw material prices and increased logistics costs, the company achieved growth in revenue and profit, driven by improved profitability in domestic production and overseas businesses in the meat segment. By segment, the processed foods segment experienced decreases in both sales and ordinary income, whereas the meat segment saw significant increases in sales and ordinary income due to profitability improvements domestically and internationally, resulting in overall revenue and profit growth.

Outlook and Dividends

For the fiscal year ending March 2027, consolidated earnings forecasts anticipate net sales of 1.4 trillion yen (down 2.9% YoY), operating income of 27 billion yen (down 5.1% YoY), ordinary income of 28 billion yen (down 7.9% YoY), and net income attributable to owners of parent of 18.5 billion yen (down 8.5% YoY). While uncertainty remains due to inflationary impacts and geopolitical risks, the company aims to strengthen earnings power and pursue sustainable growth based on its medium-term management plan. The annual dividend is planned at 155 yen per share (interim 75 yen, year-end 80 yen), maintaining a DOE of 3.0% or higher and continuing the progressive dividend policy.