Fuji Oil Holdings (2607) Q1 2027 earnings summary

Executive summary

• Net sales for Q1 FY2026 were JPY 179.8 billion, down 1.1% year-over-year, mainly due to lower sales prices in the Industrial Chocolate segment despite growth in Vegetable Oils and Fats.

• Business profit rose 74.0% to JPY 9.6 billion, driven by reduced cocoa-related expenses and increased sales in Soy-based Ingredients.

• Profit attributable to owners of parent increased 78.0% to JPY 5.6 billion.

• Comprehensive income surged to JPY 11.3 billion, reflecting favorable currency translation effects.

Financial highlights

• Operating profit increased 90.9% year-over-year to JPY 8.9 billion.

• Gross profit rose to JPY 30.0 billion from JPY 23.4 billion a year earlier.

• EPS for Q1 was JPY 64.81.

• EBITDA for the quarter was JPY 14.5 billion.

• Total assets increased to JPY 643.8 billion, and equity attributable to owners of parent rose to JPY 247.5 billion.

Outlook and guidance

• Full-year FY2026 forecast expects net sales of JPY 754.0 billion and business profit of JPY 37.5 billion, up JPY 1.5 billion year-over-year.

• Profit attributable to owners of parent is forecasted at JPY 19.5 billion, up JPY 8.4 billion year-over-year.

• Annual dividend forecast raised to JPY 62.00 per share.

• Continued firm sales in Vegetable Oils and Fats and Soy-based Ingredients are expected to support group results above forecast.

• Limited risk expected from Middle East conditions.