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Prima Meat Packers, Ordinary Profit Forecast for Last Fiscal Year Revised Downward by 12%
2281 Prima Meat Packers, Ltd. 【J-GAAP】
Guidance Update ReportPrima Meat Packers, Ltd. <2281> [TSE Prime] announced a performance revision after the market closed on April 17th (15:30). The consolidated ordinary profit forecast for the fiscal year ending March 2026 has decreased 12.3%, from the previous forecast of 13.0 billion yen to 11.4 billion yen (compared to 10.5 billion yen in the previous period), leading to a reduction in the profit growth rate from 23.8% to 8.6%.
Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (second half) consolidated ordinary profit has decreased 21.6%, from the previous forecast of 7.40 billion yen to 5.80 billion yen (compared to 3.69 billion yen in the same period of the previous year), leading to a reduction in the profit growth rate from 2.0 times to 57.3%.
Kabutan News
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 | 243,941 | 7,090 | 7,406 | 4,850 | 96.5 | 40 | Oct 31, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 238,941 | 4,190 | 5,806 | 1,450 | 28.9 | 40 | Apr 17, 2026 | J-GAAP |
| Revision Rate | -2.0% | -40.9% | -21.6% | -70.1% | -70.1% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 480,000 | 12,000 | 13,000 | 8,000 | 159.2 | 80 | May 7, 2025 | J-GAAP |
| Mar, 2026 New | 475,000 | 9,100 | 11,400 | 4,600 | 91.5 | 80 | Apr 17, 2026 | J-GAAP |
| Revision Rate | -1.0% | -24.2% | -12.3% | -42.5% | -42.5% |
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 | 228,913 | 2,763 | 3,690 | 2,818 | 56.1 | 40 | May 7, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 238,941 | 4,190 | 5,806 | 1,450 | 28.9 | 40 | Apr 17, 2026 | J-GAAP |
| YoY | +4.4% | +51.6% | +57.3% | -48.5% | -48.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 448,429 | 11,820 | 12,884 | 7,489 | 149.0 | 65 | May 7, 2024 | J-GAAP |
| Mar, 2025 | 458,354 | 8,948 | 10,502 | 7,076 | 140.8 | 80 | May 7, 2025 | J-GAAP |
| Mar, 2026 Guidance | 475,000 | 9,100 | 11,400 | 4,600 | 91.5 | 80 | Apr 17, 2026 | J-GAAP |
| YoY | +3.6% | +1.7% | +8.6% | -35.0% | -35.0% |
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