House Foods Group (2810) Q1 2026 earnings summary

Executive summary

• Net sales increased 1.3% year-over-year to 75,699 million yen for Q1 FY2025, but operating profit dropped 38.6% to 3,418 million yen and profit attributable to owners of parent fell 49.4% to 1,801 million yen.

• International Food and Restaurant segments posted higher sales and profits, while Spice/Seasoning/Processed Food and Health Food segments saw significant profit declines due to rising raw material costs.

• Comprehensive income plunged 84.1% year-over-year, mainly due to foreign currency translation losses.

Financial highlights

• Gross profit margin decreased as cost of sales rose 3.8% year-over-year, outpacing net sales growth.

• Operating profit margin fell to 4.5% from 7.5% a year ago.

• EPS (basic) was 19.20 yen, down from 36.71 yen in Q1 FY2024.

• Equity ratio improved to 68.2% from 67.3% at the end of the previous fiscal year.

Outlook and guidance

• Full-year FY2025 guidance maintained: net sales 333,000 million yen (+5.6%), operating profit 21,500 million yen (+7.5%), profit attributable to owners of parent 13,000 million yen (+4.1%), EPS 137.98 yen.

• No revisions to dividend or earnings forecasts.