House Foods Group (2810) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2025, rose 1.1% year-over-year to ¥241,958 million, driven by price revisions and demand stimulation efforts.

• Operating profit declined 15.6% year-over-year to ¥14,937 million as cost increases, especially for raw materials, outpaced the benefits of price hikes.

• Ordinary profit and profit attributable to owners of parent also fell by 15.1% and 3.5% year-over-year, respectively.

• The business environment was challenging due to inflation, rising costs, and consumer thriftiness.

Financial highlights

• Gross profit increased slightly to ¥89,446 million, but selling, general, and administrative expenses rose 5.1% to ¥74,509 million.

• Extraordinary income surged to ¥4,643 million, mainly from gains on sale of investment securities.

• Profit per share (basic) was ¥126.57, down from ¥128.14 year-over-year.

• Equity ratio remained strong at 67.4%, and net assets per share increased to ¥3,200.39.

Outlook and guidance

• Full-year net sales forecast for FY2025 is ¥321,500 million (+1.9% year-over-year), with operating profit expected at ¥19,000 million (-5.0%).

• Profit attributable to owners of parent is projected at ¥13,000 million (+4.1%), with no change to previously announced guidance.

• Dividend forecast remains at ¥48.00 per share.