Financial Summary for the Fiscal Year Ending December 2025 [IFRS] (Consolidated)

Performance Overview

For the fiscal year ending December 2025, consolidated revenue was ¥294.264 billion (4.1% decrease YoY), operating income before extraordinary items was ¥22.694 billion (16.2% decrease YoY), and operating income was ¥22.638 billion (37.5% decrease YoY). Net income attributable to owners of parent decreased to ¥14.8 billion (40.8% decrease YoY). In the domestic processed foods business, revenue increased driven by new ventures into plant-based milk and expanding demand across categories. In contrast, the international business experienced declines in both revenue and profit due to worsening global tomato paste market conditions and production process issues.

Segment Performance

The domestic processed foods business posted revenue of ¥157.324 billion (1.0% increase YoY) and operating income before extraordinary items of ¥15.507 billion (0.4% decrease YoY). The beverages category saw increased sales driven by strong tomato juice performance. The mail-order category achieved significant sales growth and large operating income improvement through advertising strategies. Other food categories increased revenue through enhanced promotion, though some factors caused partial declines. The international business recorded revenue of ¥129.837 billion (13.0% decrease YoY) and operating income before extraordinary items of ¥9.283 billion (33.4% decrease YoY), resulting in lower revenue and profit.

Financial Position and Cash Flow Status

As of the end of December 2025, total assets stood at ¥375.82 billion, total equity was ¥214.89 billion, with the equity attributable to owners of parent ratio at 50.7%. Cash flow from operating activities generated net inflows of ¥26.93 billion, investing activities resulted in net outflows of ¥11.485 billion, and financing activities recorded net outflows of ¥10.394 billion.

Dividend and Future Outlook

For the fiscal year ending December 2025, the annual dividend was set at ¥48 per share, with a forecast of ¥58 per share for the fiscal year ending December 2026. The consolidated earnings guidance for FY 2026 projects revenue of ¥310 billion (5.3% increase YoY), operating income of ¥23 billion (YoY change unknown), and net income attributable to owners of parent of ¥13.4 billion (9.5% decrease YoY). Under the medium-term management plan 'Kagome Group Plan 2028,' the company aims for sustainable growth and enhancement of corporate value.