House Foods Group (2810) Q1 2027 earnings summary

Executive summary

• Operating profit rose 17.1% year-over-year to 4,001 million yen, driven by strong performance in core food segments and extraordinary gains.

• Net sales declined 0.7% year-over-year to 75,139 million yen, mainly due to the sale of the prepared foods business; on a like-for-like basis, all segments saw sales growth.

• Profit attributable to owners of parent surged 185.3% year-over-year to 5,136 million yen, reflecting a gain on sale of investment securities.

• Comprehensive income increased 250.9% year-over-year to 3,825 million yen.

Financial highlights

• Gross profit increased to 28,454 million yen from 27,490 million yen year-over-year.

• Operating profit margin improved to 5.3% from 4.5% year-over-year.

• EBITDA margin was 9.6% for the quarter.

• EPS (basic) rose to 56.98 yen from 19.20 yen year-over-year.

• Equity ratio stood at 67.9%, up from 67.0% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast maintained at 322,500 million yen, up 1.7% year-over-year.

• Operating profit forecast revised down to 17,500 million yen (down 4.1% year-over-year) due to rising costs.

• Profit attributable to owners of parent projected at 17,000 million yen, up 131% year-over-year.

• Dividend forecast unchanged at 100 yen per share.