House Foods Group (2810) Q4 2025 earnings summary

Executive summary

• FY2024 net sales reached 315.4 billion yen, up 5.3% year-over-year, with growth in Spice/Seasoning/Processed Food, International Food, and Restaurant segments.

• Operating profit rose 2.7% year-over-year to 20.0 billion yen, mainly driven by the Spice/Seasoning/Processed Food segment.

• Ordinary profit increased 1.4% year-over-year to 21.4 billion yen.

• Net profit dropped 28.9% year-over-year to 12.5 billion yen due to the absence of prior year gains and a 5.0 billion yen impairment loss on U.S. goodwill.

• The Group advanced its global value chain and introduced ROIC as a new management indicator under its Eighth Medium-Term Business Plan.

Financial highlights

• EBITDA increased to 33.9 billion yen, up 0.9 billion yen year-over-year.

• Gross profit rose to 115.9 billion yen from 108.9 billion yen year-over-year.

• Comprehensive income dropped 46.0% to 15.3 billion yen.

• Cash and cash equivalents at year-end increased by 8.2 billion yen to 88.4 billion yen.

• Dividend per share for the year was 48 yen, with a total return ratio of 84.4%.

Outlook and guidance

• FY2025 net sales forecast at 333.0 billion yen (+5.6% YoY), operating profit at 21.5 billion yen (+7.5% YoY), and profit attributable to owners of parent at 13.0 billion yen (+0.5 billion yen YoY).

• Annual dividend forecast maintained at 48 yen per share.

• Key focus on addressing rising raw material and labor costs, especially in Spice/Seasoning/Processed Food and Restaurant businesses.

• U.S. business to undergo profit structure reform and management restructuring.

• The business environment is expected to remain uncertain due to global economic and cost pressures.