Financial Earnings Report for the Second Quarter (Interim) of Fiscal Year Ending September 2026 [Japanese Standards] (Consolidated)

Performance Overview

Consolidated revenue for the second quarter of fiscal year ending September 2026 was ¥37,585 million (up 4.9% YoY), with operating income of ¥4,528 million (up 0.2% YoY). Net income attributable to owners of the parent reached ¥3,749 million (up 11.6% YoY), achieving profit growth. The increase in revenue was primarily driven by higher sales from the U.S. and Malaysia subsidiaries and the inclusion of Vietnam subsidiary from the start of consolidation. Despite recording one-off expenses related to the acquisition of the Vietnam subsidiary and currency effects, operating income was maintained at the same level as the previous year due to sales growth.

Segment Performance and Financial Position

Segment-wise, the Food segment increased by 4.0% YoY to ¥32,990 million, mainly due to higher sales from the U.S. and Malaysia subsidiaries and the inclusion of Vietnam subsidiary. The Fragrance segment grew by 11.8% YoY to ¥4,595 million. As of the end of the period, total assets stood at ¥156.731 billion, net assets at ¥132.276 billion, and the equity ratio remained healthy at 84.2%. The full-year forecasts are revenue of ¥76.500 billion (up 4.1% YoY), operating income of ¥9.430 billion (up 10.7% YoY), and net income attributable to owners of the parent of ¥7.320 billion (up 5.8% YoY).