Higher profits in the livestock feed and food businesses drove record interim profits. Net sales were 156.7 hundred million yen (Year-over-Year +10.1%), ordinary income increased to 4,501 million yen, and net income was 3,276 million yen. Full-year forecast is unchanged based on current progress. Aquaculture feed saw profit decline due to higher costs, but recovery is targeted through expanded sales of differentiated products and price revisions.<\/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,"price_fetched_at":"","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":"2060","jir_company_name":"Feed One Co.,Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/2060-20261029-02.pdf","jir_short_summary":"Higher profits in the livestock feed and food businesses drove record interim profits. Net sales were 156.7 hundred million yen (Year-over-Year +10.1%), ordinary income increased to 4,501 million yen, and net income was 3,276 million yen. Full-year forecast is unchanged based on current progress. Aquaculture feed saw profit decline due to higher costs, but recovery is targeted through expanded sales of differentiated products and price revisions.","jir_summary":"### Overview of Results\nConsolidated net sales for the interim period were 156.7 hundred million yen, ordinary income was 4,501 million yen, and net income was 3,276 million yen. Profit increases in the livestock feed and food businesses covered the profit decline in the aquaculture feed business. The full-year forecast remains unchanged at this time. In terms of volumes, sales quantities increased for both livestock and aquaculture feeds, and the company plans to absorb rising costs through price revisions and other measures.\n\n### Outlook and Impact for Investors\nThe value-added strategy for livestock feed will continue, and profitability is expected to improve through price revisions and expanded sales of differentiated products. The aquaculture feed business experienced profit declines due to surging fishmeal prices, but recovery is targeted in the second half via expanded sales of fishmeal alternatives and the penetration of price pass-through. The company views the full-year forecast as still achievable. IR activities are being strengthened to facilitate more active dialogue with shareholders.","jir_financial_highlights":"Net Sales: 1,567 hundred million yen (Year-over-Year +10.1%)\nOrdinary Income: 4,501 million yen (Year-over-Year +21.2%)\nNet Income Attributable to Owners of Parent (Interim): 3,276 million yen (Year-over-Year +14.0%)\nEBITDA: 4,501 million yen (Year-over-Year +21.2%)\nSegment Profit (Livestock Feed Business): 5,735 million yen (+1,199 million yen)","jir_category":"","jir_hashtags":"#ConsideringShareBuyback, #InterimFinancialSupplements, # period_ir, #IRResults","jir_key_figures":"Net Sales: 1,567 hundred million yen (Year-over-Year +10.1%)\nOrdinary Income: 4,501 million yen (Progress rate 51.2%)\nNet Income Attributable to Owners of Parent (Interim): 3,276 million yen (Progress rate 50.4%)","jir_meta_title":"Feed One Co.,Ltd. Supplementary Materials for Interim Financial Results\uff5cFiscal Year Ending March 2026","jir_meta_description":"Analysis of Feed One Co.,Ltd.'s supplementary materials for interim financial results. Livestock feed and food businesses posted higher profits, while aquaculture feed declined but overall performance improved. Full-year forecast unchanged; focus on price revisions and value-added strategies.","jir_og_title":"Analysis of Feed One Co.,Ltd.'s Supplementary Materials for Interim Financial Results","jir_og_description":"Livestock feed and food businesses drove profit growth and the full-year forecast is maintained. Aquaculture feed was affected by rising costs but aims to recover through price revisions. Summary of Q&A and forward strategy.","jir_og_image_url":"","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Sales Trend\", \"jir_chart_json_data\": \"[{x:'2026-03-31', y:142344}, {x:'2026-12-31', y:156709}, {x:'2027-03-31', y:317000}]\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Profit Trend\", \"jir_chart_json_data\": \"[{x:'2026-03-31', y:3257}, {x:'2026-03-31', y:4326}, {x:'2027-03-31', y:4400}]\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Revenue by Segment\", \"jir_chart_json_data\": \"[{segment:'Livestock Feed', value:109487}, {segment:'Aquaculture Feed', value:11811}, {segment:'Food', value:21039}]\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Profit Margin Analysis\", \"jir_chart_json_data\": \"[{segment:'Livestock Feed', value:5.735}, {segment:'Aquaculture Feed', value:0.176}, {segment:'Food', value:0.169}]\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"table\", \"jir_chart_title\": \"Progress Comparison of Full-Year Forecasts\", \"jir_chart_json_data\": \"[{'2027\u5e743\u6708\u671f':{'\u671f\u521d\u4e88\u60f3':317000, '\u5b9f\u7e3e':317000, '\u9032\u6357\u7387':49.4}}, {'2026\u5e743\u6708\u671f':{'\u671f\u521d\u4e88\u60f3':317000, '\u5b9f\u7e3e':156709, '\u9032\u6357\u7387':49.4}}]\"}]","ir_related_company":122855,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-136565","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n