The consolidated results for the third quarter of the 2026 fiscal year show net sales of 97,880 million yen (YoY +2.7%), operating income of 6,161 million yen (YoY +66.1%), ordinary income of 6,201 million yen (YoY +89.2%), and net income attributable to owners of the parent of 2,789 million yen (YoY +21.9%), marking a substantial earnings expansion. The refrigerated warehousing business posted record high profits. The full-year guidance has been revised.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"2874","jir_company_name":"Yokohama Refrigerator Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/2874-20260814-01.pdf","jir_short_summary":"The consolidated results for the third quarter of the 2026 fiscal year show net sales of 97,880 million yen (YoY +2.7%), operating income of 6,161 million yen (YoY +66.1%), ordinary income of 6,201 million yen (YoY +89.2%), and net income attributable to owners of the parent of 2,789 million yen (YoY +21.9%), marking a substantial earnings expansion. The refrigerated warehousing business posted record high profits. The full-year guidance has been revised.","jir_summary":"### Performance overview\nIn the third quarter of the 2026 fiscal year, the consolidated results show net sales of 97,880 million yen (YoY +2.7%), operating income of 6,161 million yen (YoY +66.1%), ordinary income of 6,201 million yen (YoY +89.2%), and net income attributable to owners of the parent of 2,789 million yen (YoY +21.9%), reflecting a substantial improvement in profitability. The refrigerated warehousing segment achieved higher revenue and profit due to increased demand and tariff revisions, marking a record high for the segment. Conversely, the Food Trading\/Distribution segment incurred a decline in sales as a result of prioritizing profit margin improvements, though it achieved a notable improvement in profitability.\n\n### Outlook and capital allocation\nThe company has issued revised full-year guidance, and plans to continue enhancing financial flexibility through measures such as the trust setup and transfer of fixed assets. The aim is to respond to growing refrigerated warehousing demand and continue investment. While cash and cash equivalents have declined, operating cash flow remains strong, and the policy is to push ahead with growth investment through capital expenditure.","jir_financial_highlights":"Net sales: 97,880\u767e\u4e07\u5186 (YoY +2.7%)\nOperating income: 6,161\u767e\u4e07\u5186 (YoY +66.1%)\nOrdinary income: 6,201\u767e\u4e07\u5186 (YoY +89.2%)\nNet income attributable to owners of the parent: 2,789\u767e\u4e07\u5186 (YoY +21.9%)\nSegment net sales (Refrigerated warehousing business): 30,686\u767e\u4e07\u5186 (YoY +10.3%)\nSegment net sales (Food distribution business): 67,170\u767e\u4e07\u5186 (YoY \u25b30.4%)","jir_category":"","jir_hashtags":"#YokohamaRefrigeration, #FinancialSummary, #RefrigeratedWarehousing, #FoodDistribution","jir_key_figures":"Net sales: 97,880\u767e\u4e07\u5186\nOperating income: 6,161\u767e\u4e07\u5186\nNet income attributable to owners of the parent: 2,789\u767e\u4e07\u5186","jir_meta_title":"\u3010Yokohama Refrigeration\u30112026 Fiscal Year Third Quarter Financial Summary\uff5cNet sales 97,880 million yen, Operating income 6,161 million yen","jir_meta_description":"Yokohama Refrigeration's 2026 fiscal year third-quarter financial summary. Summary of net sales, operating income, ordinary income, and net income, segment trends, and elements of revised full-year guidance.","jir_og_title":"Yokohama Refrigeration\uff5c2026 Fiscal Year Third Quarter Financial Summary","jir_og_description":"Yokohama Refrigeration's Q3 results show an earnings uptrend. Growth in refrigerated warehousing demand and tariff revisions contributed. Food distribution is advancing profitability improvements.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Sales Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2025\/9\\\",\\\"2026\/6\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net sales\\\",\\\"data\\\":[95266,97880]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2025\/9\\\",\\\"2026\/6\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating income\\\",\\\"data\\\":[3709,6161]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Net Sales\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Refrigerated warehousing\\\",\\\"Food distribution\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net sales\\\",\\\"data\\\":[30686,67170]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Profit Margin Analysis\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2025\/9\\\",\\\"2026\/6\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating margin\\\",\\\"data\\\":[3.89,6.30]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"table\", \"jir_chart_title\": \"Forecast vs Actual\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"table\\\",\\\"data\\\":{\\\"headers\\\":[\\\"Period\\\",\\\"Net sales\\\",\\\"Operating income\\\",\\\"Net income\\\"],\\\"rows\\\":[[\\\"Full-year guidance\\\",\\\"Unknown\\\",\\\"Unknown\\\",\\\"Unknown\\\"],[\\\"Actual\\\",\\\"97880\\\",\\\"6161\\\",\\\"2789\\\"]]},\\\"options\\\":{}}\"}]","ir_related_company":16988,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-104052","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n