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

Overview of Financial Results

For the consolidated cumulative third quarter period of the fiscal year ending March 2026, net sales were ¥171,130 million (3.2% decrease year-over-year), operating income was ¥3,612 million (53.9% decrease year-over-year), ordinary income was ¥3,948 million (51.6% decrease year-over-year), and net income attributable to owners of parent for the quarter was ¥2,559 million (56.3% decrease year-over-year). The oil and fat segment experienced declines in both sales and profits due to rising raw material costs and the weaker yen, whereas the specialty food segment secured profit growth through structural reforms and price revisions. The equity ratio improved to 65.0% from the previous fiscal year-end.

Segment Performance and Outlook

Net sales of the oil and fat segment were ¥155,779 million (2.9% decrease year-over-year), with segment income of ¥2,585 million (65.3% decrease year-over-year), impacted by decreased demand for household oils and rising raw material costs. The specialty food segment posted net sales of ¥14,792 million (4.9% decrease year-over-year), but achieved significant profit growth with segment income of ¥877 million (277.8% increase year-over-year). There are no changes to the full-year earnings forecast for the fiscal year ending March 2026, with net sales projected at ¥226 billion (2.1% decrease year-over-year), operating income at ¥5 billion (41.7% decrease year-over-year), and net income attributable to owners of parent at ¥4.1 billion (41.4% decrease year-over-year).