House Foods Group (2810) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, rose 6.1% year-over-year to ¥239,357 million, driven by growth in core food segments and international expansion.

• Operating profit increased 6.2% year-over-year to ¥17,699 million, with notable gains in the Spice/Seasoning/Processed Food segment.

• Profit attributable to owners of parent declined 25.6% year-over-year to ¥12,172 million, mainly due to the absence of a prior-year gain on retirement benefit plan revision.

Financial highlights

• Gross profit rose to ¥88,582 million from ¥82,706 million year-over-year.

• Ordinary profit increased 4.5% year-over-year to ¥18,395 million.

• EPS (basic) was ¥128.14, down from ¥167.74 in the prior year.

• Comprehensive income dropped 59.0% year-over-year to ¥11,723 million.

• Equity ratio remained strong at 67.5% as of December 31, 2024.

Outlook and guidance

• Full-year forecast for FY2024 remains unchanged: net sales ¥320,000 million (+6.8%), operating profit ¥21,000 million (+7.9%), profit attributable to owners of parent ¥13,300 million (-24.3%).

• Dividend forecast for FY2024 is ¥48.00 per share.