ARIAKE JAPAN (2815) Q4 2026 earnings summary

Executive summary

• FY2026 net sales rose 2.4% YoY to ¥66,957 million and operating profit increased 6.0% to ¥11,782 million; Europe-led growth offset weakness in China and a domestic slowdown.

• Ordinary profit rose 14.6% to ¥13,757 million and profit attributable to owners of the parent increased 15.3% to ¥9,458 million.

• FY2027 guidance calls for higher sales but lower operating and ordinary profit, with cost pressures expected to weigh on margins.

Financial highlights

• Gross profit increased to ¥20,575 million from ¥19,725 million; SG&A rose to ¥8,792 million from ¥8,608 million.

• Non-operating income increased to ¥2,083 million, including ¥764 million in foreign-exchange gains; profit before income taxes was ¥13,690 million and profit was ¥9,576 million.

• Consolidated sales and operating profit finished 0.2% and 3.6% below plan, respectively; parent-attributable profit exceeded plan by 8.7%.

• Operating cash flow was ¥9,055 million, down from ¥12,170 million; investing cash flow was -¥9,961 million and financing cash flow was -¥5,448 million.

Outlook and guidance

• FY2027 forecast: net sales ¥69,232 million (+3.4%), operating profit ¥11,251 million (-4.5%), ordinary profit ¥13,157 million (-4.4%), and parent-attributable profit ¥9,548 million (+1.0%).

• FY2027 forecast EPS is ¥304.57; H1 forecast sales are ¥33,363 million, operating profit ¥5,145 million, ordinary profit ¥6,376 million, and parent-attributable profit ¥4,675 million.

• FY2029 targets include net sales of ¥75.7 billion and operating profit of ¥13.1 billion; the plan targets 8% ROE by 2028.

• Priorities include restaurant and B2B2C growth, cautious price revisions, factory cost and yield improvements, new China sales areas, and European bouillon, stock and ramen-soup products.