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SATO FOODS, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 12%
2814 SATO FOODS INDUSTRIES CO.,LTD. 【J-GAAP】
Earnings ReportSATO FOODS INDUSTRIES CO.,LTD. <2814> [TSE Std] announced its financial results after the market closed on February 6th (16:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 8.1% from the same period last year, reaching 704 million yen.
In addition, the full-year forecast for ordinary profit has been revised upward 12.4%, from the previous forecast of 695 million yen to 781 million yen (compared to 813 million yen in the previous period), and the declining rate is expected to decrease from 14.5% to 3.9%.
Based on the full-year plan announced by the company after the upward revision, our estimate of the ordinary profit for the October to March period (second half) has been revised upward 35.0%, from the previous forecast of 246 million yen to 332 million yen (compared to 484 million yen in the same period of the previous year), and the declining rate is expected to decrease from 49.2% to 31.4%.
In the most recent three-month period, from October to December (3Q), the ordinary profit decreased to 255 million yen, a 20.8% decrease compared to the same period last year. The operating profit margin decreased from 14.7% in the same period last year to 10.8%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 4,629 | 492 | 615 | 482 | 108.1 | 77.9 | Feb 2, 2024 | J-GAAP |
| Apr - Dec, 2024 | 4,898 | 520 | 651 | 497 | 117.1 | 80.1 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 5,166 | 561 | 704 | 565 | 147.5 | 90.1 | Feb 6, 2026 | J-GAAP |
| YoY | +5.5% | +7.9% | +8.1% | +13.7% | +25.9% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 2,981 | 214 | 246 | 88 | 24.1 | 20 | Nov 7, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 3,201 | 261 | 332 | 232 | 63.4 | 22 | Feb 6, 2026 | J-GAAP |
| Revision Rate | +7.4% | +22.0% | +35.0% | +163.6% | +163.6% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 6,400 | 586 | 695 | 478 | 130.7 | 40 | Nov 7, 2025 | J-GAAP |
| Mar, 2026 New | 6,620 | 633 | 781 | 622 | 170.1 | 42 | Feb 6, 2026 | J-GAAP |
| Revision Rate | +3.4% | +8.0% | +12.4% | +30.1% | +30.1% |
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 | 3,252 | 416 | 484 | 324 | 76.8 | 20 | May 16, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 3,201 | 261 | 332 | 232 | 63.4 | 22 | Feb 6, 2026 | J-GAAP |
| YoY | -1.6% | -37.3% | -31.4% | -28.4% | -17.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 6,101 | 663 | 789 | 773 | 173.6 | 36.36 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 6,360 | 672 | 813 | 596 | 141.3 | 38.18 | May 16, 2025 | J-GAAP |
| Mar, 2026 Guidance | 6,620 | 633 | 781 | 622 | 170.1 | 42 | Feb 6, 2026 | J-GAAP |
| YoY | +4.1% | -5.8% | -3.9% | +4.4% | +20.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 1,790 | 264 | 322 | 225 | 53.0 | 14.7 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,462 | 152 | 162 | 99 | 23.5 | 10.4 | May 16, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,682 | 221 | 284 | 283 | 70.4 | 13.1 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,737 | 151 | 165 | 107 | 27.4 | 8.7 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 1,747 | 189 | 255 | 175 | 45.7 | 10.8 | Feb 6, 2026 | J-GAAP |
| YoY | -2.4% | -28.4% | -20.8% | -22.2% | -13.8% |
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