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NH Foods (2282) investor relations material
NH Foods Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 FY2027 net sales rose 6.5% to ¥769,358 million, while business profit fell 20.7% to ¥28,806 million and profit attributable to owners of the parent fell 25.0% to ¥17,394 million.
Sales growth reflected domestic fresh-meat volume and pricing and recovery in overseas processed foods; profit was pressured by Australian beef conditions and higher processed-food input costs.
Financial highlights
H1 business profit ratio was 3.7%, down 1.3 percentage points; profit before tax fell 19.4% to ¥30,832 million.
Operating profit fell 32.3% to ¥23.9bn; other income included ¥7.2bn of fire insurance proceeds.
Gross profit was ¥121.9bn, down 6.3%, and gross margin was 15.8%, versus 16.8% a year earlier.
Outlook and guidance
Revised FY2027 forecast: net sales ¥1,500,000 million (+2.9%), business profit ¥50,000 million (-26.8%), profit before tax ¥52,000 million (-4.7%), and profit attributable to owners of the parent ¥35,000 million (-0.2%).
Full-year operating profit is planned at ¥42.0bn, down 27.1%; forecast includes ¥5.4bn of foreign-exchange losses and ¥1.5bn of interest expense.
H2 business profit forecast was reduced to ¥21.2bn from ¥27.0bn at the Q1 forecast; full-year forecast fell to ¥50.0bn from ¥61.0bn.
- Profit rebounded sharply as core food segments strengthened and Overseas returned to profit.2282
Q4 2024 - Net sales up 8.7% and business profit up 19.5%, but net profit down 5.6% year-on-year.2282
Q1 2027 - Record profits, strategic growth, and sustainability drive value creation and future expansion.2282
Investor presentation - Record sales and profit driven by meats and events, but profit to dip amid cost pressures.2282
Q4 2026 - Profits and sales surged on strong meat and event demand; full-year outlook and dividends raised.2282
Q3 2026 - Record profit and upgraded outlook driven by Fresh Meats and Ballpark Business growth.2282
Q2 2026 - Record 1Q profit from Fresh Meats and Ballpark offset Processed Foods decline.2282
Q1 2026 - Profit and brand growth, global expansion, and value-based management drive future strategy.2282
Investor Day 2025 Presentation - Net sales and business profit rose, driven by overseas and processed foods growth.2282
Q1 2025
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