TOWA FOOD SERVICE, First Half Ordinary Profit Decreases by 3%, The Undecided Dividend Set at 20 Yen
3329 TOWA FOOD SERVICE CO.,LTD. 【J-GAAP】
Earnings ReportTOWA FOOD SERVICE CO.,LTD. <3329> [TSE Std] announced its financial results at noon (11:40) on November 28th. The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending April 2026 (May to October) decreased 3.2% from the same period last year to 453 million yen. However, Progress toward the full-year plan of 900 million yen was 50.3%, almost the same as the five-year average of 49.0%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the November to April period (second half) is expected to decrease 29.2% from the same period last year to 447 million yen.
At the same time, the company has decided to implement a annual dividend of 20 yen for the current fiscal year, which was previously undecided (compared to 20 yen in the prior term).
In the most recent three-month period, from August to October (2Q), the ordinary profit decreased to 209 million yen, a 13.3% decrease compared to the same period last year. The operating profit margin worsened from 7.3% in the same period last year to 4.7%.
Kabutan News
Actual Performance and Financial Trends
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Progress Rate vs. First Half |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
6,020M | 427M | 449M | 274M | 34.0 | 42.8 | Nov 28, 2023 | J-GAAP |
|
|
6,285M | 461M | 468M | 276M | 34.2 | 42.6 | Nov 29, 2024 | J-GAAP |
|
|
6,526M | 383M | 453M | 275M | 34.2 | 50.3 | Nov 28, 2025 | J-GAAP |
| YoY | +3.8% | -16.9% | -3.2% | -0.4% | -0.2% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May - Oct, 2025 Guidance | 6,300M | 410M | 420M | 250M | 31.0 | － | May 30, 2025 | J-GAAP |
| May - Oct, 2025 Results | 6,526M | 383M | 453M | 275M | 34.2 | 10 | Nov 28, 2025 | J-GAAP |
| Revision Rate | +3.6% | -6.6% | +7.9% | +10.0% | +10.3% |
Guidance Update
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr, 2026 Prev | 12,800M | 860M | 900M | 550M | 68.1 | － | May 30, 2025 | J-GAAP |
| Apr, 2026 New | 12,800M | 860M | 900M | 550M | 68.1 | 20 | Nov 28, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
6,527M | 601M | 631M | 444M | 55.1 | 10 | May 30, 2025 | J-GAAP |
|
Guidance
Nov - Apr, 2025
|
6,274M | 477M | 447M | 275M | 34.1 | 10 | Nov 28, 2025 | J-GAAP |
| YoY | -3.9% | -20.6% | -29.2% | -38.1% | -38.1% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
12,382M | 997M | 1,049M | 704M | 87.3 | 19 | May 30, 2024 | J-GAAP |
|
|
12,812M | 1,062M | 1,099M | 720M | 89.3 | 20 | May 30, 2025 | J-GAAP |
|
Guidance
Apr, 2026
|
12,800M | 860M | 900M | 550M | 68.1 | 20 | Nov 28, 2025 | J-GAAP |
| YoY | -0.1% | -19.0% | -18.1% | -23.6% | -23.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Operating Profit Margin |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
3,132M | 230M | 241M | 138M | 17.1 | 7.3 | Nov 29, 2024 | J-GAAP |
|
|
3,299M | 330M | 342M | 208M | 25.8 | 10.0 | Feb 28, 2025 | J-GAAP |
|
|
3,228M | 271M | 289M | 236M | 29.3 | 8.4 | May 30, 2025 | J-GAAP |
|
|
3,279M | 231M | 244M | 149M | 18.5 | 7.0 | Aug 29, 2025 | J-GAAP |
|
|
3,247M | 152M | 209M | 126M | 15.7 | 4.7 | Nov 28, 2025 | J-GAAP |
| YoY | +3.7% | -33.9% | -13.3% | -8.7% | -8.6% |
Related Articles
-
Global One Real Estate, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 1%, Distribution Revised Upward by 35 Yen
Fri Nov 28, 2025 3:30 pm JST Revision -
MINATO HOLDINGS , Ordinary Profit Forecast for the Fiscal Year Revised Upward by 65%
Fri Nov 28, 2025 3:30 pm JST Revision -
Tri Chemical, Feb-Oct (Cumulative 3Q) Ordinary Profit Increases by 25%
Fri Nov 28, 2025 3:30 pm JST Earnings -
CHUO SPRING, Net Income Forecast for the Fiscal Year Revised Upward by 5.5 times, Highest in Sixteen Terms
Fri Nov 28, 2025 2:00 pm JST Revision -
Datasection, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 93%
Fri Nov 28, 2025 1:35 pm JST Revision -
Nikkei 225 open on the 28th = 51 yen higher, 50,218 yen
Fri Nov 28, 2025 9:02 am JST Market -
Nikkei 225 close on the 27th = rising for the 3 days in a row, 608 yen higher to 50,167 yen
Thu Nov 27, 2025 3:32 pm JST Market -
Origin Company, Net Income Forecast for the Fiscal Year Loss Widened in Downward Revision
Thu Nov 27, 2025 5:00 pm JST Revision -
Columbia Works, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 12%, Raises Record High Profit Forecast, Dividend Revised Upward by 1 Yen
Thu Nov 27, 2025 4:00 pm JST Revision -
DyDo GROUP, Feb-Oct (Cumulative 3Q) Net Income Decreases by 94%, Exceeds Full-Year Plan
Thu Nov 27, 2025 3:30 pm JST Earnings