First Quarter Financial Summary for the Fiscal Year Ending February 2027 (Japan GAAP) (Consolidated)

Overview of Results

Warabeya Nichiyo Holdings Co., Ltd. reported net sales of 58,354 million yen for the consolidated cumulative period of the first quarter of the fiscal year ending February 2027, up 1.5% from the same period last year, maintaining a high level. However, operating income declined significantly to 1,653 million yen due to increases in raw material prices and labor costs and the suspension of operations at the Sapporo plant. Ordinary income and net income also fell by 22.1% and 36.6% respectively. By segment, Food-related net sales were in the 52,323–52,800 million yen range, with operating income of 1,516 million yen; Ingredient-related net sales were about 2,800–3,000 million yen with operating income around 57 million yen; Logistics-related net sales exceeded 3,200 million yen with operating income around 300 million yen, showing improvement.

Outlook and Financial Position

The full-year projection at the end of the first quarter remains unchanged from the figures announced in April 2026. Total assets were 132,600 million yen, net assets 62,445 million yen, and the equity ratio 45.0% with stability. There are no factors causing a decrease in cash and deposits; while accounts receivable increased, liabilities totaled 70,154 million yen due to increases in accrued payables. As raw material costs and logistics costs continue to rise, cost control and the impact of partial plant suspensions affect performance.