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Nichirei (2871) investor relations material
Nichirei Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for the nine months ended December 31, 2025, were ¥537.7 billion, up slightly year-over-year, with Q3 operating profit returning to growth but cumulative Q1–Q3 operating profit down by ¥1.2 billion.
Operating profit decreased to ¥30.5 billion from ¥31.8 billion year-over-year, while profit attributable to owners of parent rose to ¥21.9 billion from ¥20.6 billion.
Comprehensive income increased 16.5% year-over-year to ¥28.5 billion.
Segment reorganization reduced reporting segments from five to three, integrating food businesses.
Full-year forecasts remain unchanged: net sales at ¥700 billion, operating profit up ¥1.2 billion to ¥39.5 billion, and net income up ¥3.3 billion to a record ¥28 billion, aided by gains from investment security sales.
Financial highlights
Q3 net sales rose 1% year-over-year to ¥190.0 billion; cumulative Q1–Q3 net sales up 1% to ¥537.7 billion.
EPS for the nine months was ¥87.23, up from ¥80.66 year-over-year, reflecting a 2-for-1 share split.
Total assets increased to ¥554.2 billion as of December 31, 2025, from ¥499.2 billion as of March 31, 2025.
Ordinary profit was ¥31.4 billion, down from ¥33.1 billion year-over-year.
Profit attributable to owners of parent for Q1–Q3 rose 6% to ¥21.9 billion.
Outlook and guidance
Full-year net sales forecast at ¥700 billion, flat year-over-year; operating profit projected at ¥39.5 billion (+3%), and net income at ¥28 billion (+13%).
EPS forecast for the full year is ¥111.74.
Dividend forecast for FY ending March 31, 2026, is ¥47.00 per share.
Processed Foods and Temperature-controlled Logistics expected to drive growth, while Marine, Meat, and Poultry complete structural reforms.
Earnings per share forecasted at ¥111.7, up 14.8% year-over-year.
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