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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Chofu Seisakusho
Chofu Seisakusho (5946) investor relations material
Chofu Seisakusho Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary12 Nov, 2026
Executive summary
9M net sales were ¥32,546m (+1.5% YoY); operating profit was ¥1,096m (+163.2%), ordinary profit ¥2,451m (-2.9%), and profit attributable to owners of parent ¥1,853m (+120.7%).
Comprehensive income rose to ¥4,237m from ¥1,262m in the prior-year period.
Financial highlights
Gross profit increased to ¥7,482m from ¥6,810m; SG&A was ¥6,386m versus ¥6,394m.
Profit before income taxes was ¥2,432m versus ¥1,021m; total income taxes were ¥579m versus ¥182m.
Outlook and guidance
FY2026 forecast: net sales ¥48,000m (+3.2%), operating profit ¥2,400m (+40.2%), ordinary profit ¥4,600m (+0.3%), and parent profit ¥3,200m (+47.1%).
Forecast basic EPS is ¥94.11; earnings forecasts were not revised.
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Latest events from Chofu Seisakusho
- Flat H1 revenue masked a sharp operating profit rebound and an investment-loss-driven ordinary income decline.5946
Q2 2026 - Revenue and profit fell significantly amid weak construction demand and lower product sales.5946Q2 2024
- Revenue and profits fell significantly, with operating income down 73.9% year-over-year.5946Q3 2024
- Q1 revenue rose 3.4% year-over-year, but operating profit dropped 41.6% on higher costs.5946Q1 2025
- Revenue up, but profit down sharply on warranty costs; outlook revised amid tough market.5946Q2 2025
- Revenue up 1.0% but net income down 54.6% on warranty costs; guidance unchanged.5946Q3 2025
- Net income fell 30.7% on stable sales, but a strong rebound is forecast for FY2026.5946Q4 2025
- Operating profit more than doubled on modest revenue growth, with guidance unchanged.5946Q1 2026
Next Chofu Seisakusho earnings date
Q4 20268 Feb, 2027
Chofu Seisakusho
Next Chofu Seisakusho earnings date
Q4 20268 Feb, 2027
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