Yoshimura Food Holdings <2884> remained offered at 750 yen, down 150 yen from the previous trading day, at the limit-down level. The company announced its consolidated financial results for the fiscal year ended February 2026 after the market close on the 15th. While revenue reached 57,484 million yen (down 1.1% year-on-year) against a previous forecast of 56,400 million yen, operating profit fell short at 1,568 million yen (down 62.3% year-on-year) compared with an earlier projection of 2,800 million yen, triggering selling pressure. The profit miss was primarily attributed to underperformance in the scallop-related business. Factors included rising costs due to smaller catches and inventory write-downs on boiled scallops amid declining domestic prices. Weak overseas demand and Singapore’s economic slowdown also weighed on results.

Alongside the results, Yoshimura Food disclosed its earnings forecast for the fiscal year ending February 2027. The company projects revenue of 57,500 million yen (flat year-on-year) and operating profit of 2,000 million yen (up 27.5% year-on-year). Growth is expected from the overseas business and domestic operations excluding the scallop segment. Simultaneously, the company announced an enhancement to shareholder benefits for investors holding between 300 and 2,500 shares for at least one year. Under the revised program effective from February 2027, shareholders with 300 to 500 shares will receive group products worth 2,500 yen (up from 1,500 yen), while those with 500 to 2,500 shares will receive products worth 4,000 yen (up from 2,500 yen).

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.