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ITOCHU-SHOKUHIN, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 2%, Exceeds Full-Year Plan
2692 ITOCHU-SHOKUHIN Co., Ltd. 【J-GAAP】
Earnings ReportITOCHU-SHOKUHIN Co., Ltd. <2692> [TSE Prime] announced its financial results in the afternoon session on January 30th (13:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) was 12.0 billion yen, a 1.7% increase compared to the same period last year. Progress toward the full-year plan of 11.4 billion yen is 105.9%, already exceeding the target and also exceeding the five-year average of 98.4%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary loss for the January to March period (4Q) is expected to expand to a loss of 0.67 billion yen (compared to a loss of 0.59 billion yen in the same period last year). However, if the fourth-quarter performance remains at the same level as the first three quarters, the full-year plan may be increased.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 8.0% from the same period last year, reaching 5.23 billion yen. The operating profit margin remained almost flat, changing from 2.2% in the same period last year to 2.3%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 523,562 | 8,200 | 9,516 | 6,690 | 527.3 | 103.2 | Feb 1, 2024 | J-GAAP |
| Apr - Dec, 2024 | 543,229 | 9,194 | 11,876 | 8,507 | 670.5 | 105.3 | Jan 31, 2025 | J-GAAP |
| Apr - Dec, 2025 | 558,270 | 10,326 | 12,076 | 8,861 | 698.5 | 105.9 | Jan 30, 2026 | J-GAAP |
| YoY | +2.8% | +12.3% | +1.7% | +4.2% | +4.2% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 346,984 | 3,536 | 4,255 | 3,047 | 240.2 | 80 | Apr 30, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 354,236 | 3,843 | 4,559 | 3,148 | 248.1 | 80 | Oct 31, 2025 | J-GAAP |
| YoY | +2.1% | +8.7% | +7.1% | +3.3% | +3.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 672,451 | 7,660 | 9,220 | 6,598 | 520.1 | 110 | Apr 30, 2024 | J-GAAP |
| Mar, 2025 | 699,369 | 8,505 | 11,283 | 8,204 | 646.7 | 140 | Apr 30, 2025 | J-GAAP |
| Mar, 2026 Guidance | 720,000 | 9,700 | 11,400 | 8,300 | 654.2 | 160 | Apr 30, 2025 | J-GAAP |
| YoY | +2.9% | +14.1% | +1.0% | +1.2% | +1.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 190,844 | 4,225 | 4,848 | 3,350 | 264.1 | 2.2 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 156,140 | -689 | -593 | -303 | -23.9 | -0.4 | Apr 30, 2025 | J-GAAP |
| Apr - Jun, 2025 | 175,052 | 2,713 | 3,434 | 2,664 | 210.0 | 1.5 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 190,712 | 3,144 | 3,407 | 2,488 | 196.1 | 1.6 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 192,506 | 4,469 | 5,235 | 3,709 | 292.4 | 2.3 | Jan 30, 2026 | J-GAAP |
| YoY | +0.9% | +5.8% | +8.0% | +10.7% | +10.7% |
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