Consolidated net sales for the first quarter were 7.996 billion yen, down 10.6% YoY. Operating income declined by 170 million yen, ordinary income declined by 150 million yen, and net income attributable to owners of the parent declined by 110 million yen. Sales of kagami mochi and packaged mochi remained solid, but packaged rice meals were under pressure due to price increases. Full-year earnings guidance has been revised from undecided to updated, and the dividend forecast of 75 yen remains. The second factory at Sekineko Plant is scheduled for completion in April 2026, with gradual start of operations.<\/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":"2923","jir_company_name":"Sato Foods Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/2923-20260910-01.pdf","jir_short_summary":"Consolidated net sales for the first quarter were 7.996 billion yen, down 10.6% YoY. Operating income declined by 170 million yen, ordinary income declined by 150 million yen, and net income attributable to owners of the parent declined by 110 million yen. Sales of kagami mochi and packaged mochi remained solid, but packaged rice meals were under pressure due to price increases. Full-year earnings guidance has been revised from undecided to updated, and the dividend forecast of 75 yen remains. The second factory at Sekineko Plant is scheduled for completion in April 2026, with gradual start of operations.","jir_summary":"### Overview of Performance\nSato Foods\u2019 fiscal year ending April 2027, Q1, recorded net sales of 7,996 million yen (down 10.6% YoY). The main factors were solid demand for packaged mochi products but declines in packaged rice meals, along with higher raw material and logistics costs. Operating income was 170 million yen, ordinary income 150 million yen, and net income attributable to owners of the parent 110 million yen, all markedly down. The price adjustment for kagami mochi has been implemented. Investment in the new plant continues to expand production capacity.\n\n### Outlook and Capital Policy\nFull-year earnings guidance, previously undecided, has been revised based on Q1 information. The company will promptly publish revisions to earnings guidance in response to changes in international conditions and material costs. The dividend forecast remains 75 yen. With the full-scale operation of the Sekino Plant\u2019s second factory, the company aims to expand production capacity and strengthen a stable supply chain.","jir_financial_highlights":"Sales: 7,996 million yen (YoY\u25b310.6\uff05)\nOperating income: 1,7 million yen (YoY\u25b387.5\uff05)\nOrdinary income: 1,50 million yen (YoY\u25b384.5\uff05)\nNet income attributable to owners of parent: 1,1 million yen (YoY\u25b390.5\uff05)\nEquity ratio: 44.3\uff05\nDividend forecast: 75 yen","jir_category":"","jir_hashtags":"#SatoFoods, #FinancialResults, #EarningsProgress","jir_key_figures":"Sales: 7,996 million yen\nOperating income: 1,7 million yen\nNet income attributable to owners of parent: 1,1 million yen","jir_meta_title":"[Sato Foods Co., Ltd.] Key Points of Q1 Earnings and Outlook","jir_meta_description":"Sato Foods\u2019 Q1 FY2027 earnings overview. Sales down 10.6% YoY; operating, ordinary, and net income down sharply. Dividend of 75 yen to be continued. Includes progress on Sekino Plant second factory and new product strategy.","jir_og_title":"Sato Foods Q1 Earnings: Key Points and Outlook","jir_og_description":"Summary of Sato Foods\u2019 Q1 earnings. Declines in sales and profits, and outlook, dividend policy, and new factory start-up plans explained.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57013,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-112251","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n