Shinobu Foods Products Co., Ltd. Financial Summary for the Second Quarter (Interim) of the Fiscal Year Ending March 2027

Summary of Results

For the interim period, consolidated results recorded net sales of 32,130 million yen (YoY +2.9%), achieving revenue growth. However, due to upward pressure on costs such as raw materials, labor and energy, operating income decreased to 12,470 hundred thousand yen (1,247 million yen) (YoY -10.7%). Ordinary income was 1,286 million yen (YoY -7.2%), and net income attributable to owners of the parent for the interim period was 904 million yen (YoY -13.5%). The full-year forecast remains unchanged from the prior announcement. Cash and cash equivalents decreased by approximately 45 million yen to around 4,520 million yen. The company continues repurchasing treasury stock as part of its financial strategy.

Financial Position, Capital Policy and Outlook

As of the reporting date, total assets were 28,913 million yen, net assets were 15,354 million yen, and the equity ratio was 52.5%. Cash and deposits totaled 4,520 million yen, and cash and cash equivalents decreased by about 45 million yen at the period end. By continuing treasury stock acquisitions, the company is implementing shareholder returns flexibly, and maintains its dividend policy of a full-year dividend of 34 yen for the fiscal year ending March 2027 (excluding interim dividends at the ends of Q1 and Q2). Specific information on new investments is not included in this financial summary; moving forward, the company will continue cost reduction, productivity improvement and sustainability promotion centered on its "quality manufacturing" principle.