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House Foods, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 15%
2810 House Foods Group Inc. 【J-GAAP】
Earnings ReportHouse Foods Group Inc. <2810> [TSE Prime] announced its financial results in the afternoon session on February 3rd (14:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 15.1% from the same period last year to 15.6 billion yen. Progress toward the full-year plan of 20.3 billion yen was 76.9%, below the five-year average of 86.4%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to expand 56.7% from the same period last year, reaching 4.68 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 4.6% from the same period last year, reaching 9.16 billion yen. The operating profit margin rose from 10.0% in the same period last year to 10.3%.
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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 | 225,697 | 16,669 | 17,599 | 16,362 | 167.7 | 83.5 | Feb 5, 2024 | J-GAAP |
| Apr - Dec, 2024 | 239,357 | 17,699 | 18,395 | 12,172 | 128.1 | 86.0 | Feb 4, 2025 | J-GAAP |
| Apr - Dec, 2025 | 241,958 | 14,937 | 15,611 | 11,749 | 126.6 | 76.9 | Feb 3, 2026 | J-GAAP |
| YoY | +1.1% | -15.6% | -15.1% | -3.5% | -1.2% |
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 | 160,454 | 10,747 | 11,750 | 6,983 | 73.7 | 24 | May 8, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 167,898 | 13,132 | 13,852 | 7,399 | 81.6 | 24 | Nov 6, 2025 | J-GAAP |
| YoY | +4.6% | +22.2% | +17.9% | +6.0% | +10.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 299,600 | 19,470 | 21,085 | 17,580 | 180.5 | 47 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 315,418 | 20,004 | 21,388 | 12,493 | 131.9 | 48 | May 8, 2025 | J-GAAP |
| Mar, 2026 Guidance | 321,500 | 19,000 | 20,300 | 13,000 | 143.4 | 48 | Nov 6, 2025 | J-GAAP |
| YoY | +1.9% | -5.0% | -5.1% | +4.1% | +8.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 84,393 | 8,442 | 8,757 | 6,662 | 70.1 | 10.0 | Feb 4, 2025 | J-GAAP |
| Jan - Mar, 2025 | 76,061 | 2,305 | 2,993 | 321 | 3.4 | 3.0 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 75,699 | 3,418 | 3,666 | 1,801 | 19.2 | 4.5 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 77,903 | 2,450 | 2,782 | 3,800 | 40.7 | 3.1 | Nov 6, 2025 | J-GAAP |
| Oct - Dec, 2025 | 88,356 | 9,069 | 9,163 | 6,148 | 66.2 | 10.3 | Feb 3, 2026 | J-GAAP |
| YoY | +4.7% | +7.4% | +4.6% | -7.7% | -5.6% |
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