Financial Results for the Fiscal Year Ending March 2026 [Japanese Standards] (Consolidated)

Business Performance Overview

The consolidated results for the fiscal year ending March 2026 show net sales of 129 billion 22 million yen (up 4.5% YoY), operating profit of 10 billion 318 million yen (up 9.3% YoY), ordinary income of 10 billion 726 million yen (up 11.1% YoY), and net income attributable to owners of the parent of 8 billion 49 million yen (up 11.2% YoY). Domestic and international sales of spice & herb products and flavoring seasonings maintained steady growth, achieving revenue growth and profit increase despite raw material cost increases and higher advertising expenses. Segment-wise, domestic sales totaled 115 billion 395 million yen (up 3.8%), with operating profit of 6 billion 447 million yen (down 1.0%), while overseas sales amounted to 13 billion 631 million yen (up 10.3%) with operating profit of 3 billion 870 million yen (up 32.1%).

Financial Condition and Cash Flows

Total assets increased to 156 billion 545 million yen compared to the same period last year, with net assets at 94 billion 250 million yen (both increased). The equity ratio stood at 60.2%. Cash flows from operating activities generated income of 9 billion 331 million yen, investing activities resulted in expenditures of 5 billion 288 million yen, and financing activities provided income of 1 billion 642 million yen. Cash and cash equivalents at the end of the period amounted to 27 billion 480 million yen, supporting a stable financial foundation.

Dividend Situation

The annual dividend for the fiscal year ending March 2026 was 50 yen (compared to 80 yen in the previous year), with a payout ratio of 14.4% and a dividend yield of 1.4%. For the fiscal year ending March 2027, the expected annual dividend is 60 yen (interim 30 yen, final 30 yen), with an estimated payout ratio of 17.9%.

Future Outlook

The consolidated earnings forecast for the fiscal year ending March 2027 anticipates net sales of 134.5 billion yen (up 4.2% YoY), operating profit of 10.7 billion yen (up 3.7% YoY), ordinary income of 10.9 billion yen (up 1.6% YoY), and net income attributable to owners of the parent of 8.1 billion yen (down 3.7% YoY). Despite expected increases in raw material prices and impacts from international geopolitical factors, expansion of sales for core products aims to achieve revenue and profit growth.