Nippn (2001) Q3 2025 earnings summary

Executive summary

• Net sales for the first nine months of FY2025 rose 2.5% year-over-year to ¥312,513 million, driven by increased food service demand, inbound tourism, and successful marketing of premium brands.

• Operating income declined 5.1% year-over-year to ¥17,078 million, and ordinary income fell 4.1% to ¥19,849 million, mainly due to higher personnel and logistics costs.

• Profit attributable to owners of parent surged 36.2% year-over-year to ¥19,489 million, aided by extraordinary gains from the sale of idle land.

• Expansion efforts included establishing NIPPN Vietnam Company Limited and acquiring HATANAKA FOODS Co., Ltd., with preparations for a new frozen food plant underway.

• A new R&D center is planned for October 2026 to enhance research and development capabilities.

Financial highlights

• Net sales: ¥312,513 million (+2.5% year-over-year).

• Operating income: ¥17,078 million (−5.1% year-over-year).

• Ordinary income: ¥19,849 million (−4.1% year-over-year).

• Profit attributable to owners of parent: ¥19,489 million (+36.2% year-over-year).

• EPS: ¥249.79 (basic), ¥217.88 (diluted), both up from the prior year.

Outlook and guidance

• Full-year FY2025 forecast unchanged: net sales ¥412,000 million (+2.9%), operating income ¥24,000 million (−9.0%), ordinary income ¥20,500 million (+0.8%), profit attributable to owners of parent ¥22,500 million (−3.4%), EPS ¥307.80.

• Full-year dividend forecast maintained at ¥66 per share.