NH Foods (2282) Q1 2025 earnings summary

Executive summary

• Net sales rose 4.9% year-over-year to ¥338,050 million, driven by higher domestic fresh meat sales and overseas processed foods growth.

• Business profit increased 20.0% to ¥14,562 million, with notable gains in the Overseas and Processed Foods segments.

• Profit attributable to owners of the parent grew 11.1% to ¥13,048 million; comprehensive income up 22.0% to ¥23,190 million.

Financial highlights

• Operating profit (business profit) reached ¥14,562 million, up 20.0% year-over-year.

• Profit before tax was ¥19,805 million, up 5.4% year-over-year.

• Earnings per share (basic) increased to 127.09 yen from 114.60 yen a year earlier.

• Cash and cash equivalents at quarter-end rose to ¥81,557 million, up ¥16,092 million from the previous year-end.

Outlook and guidance

• Full-year net sales forecast at ¥1,340,000 million, up 2.8% year-over-year; business profit expected at ¥48,000 million, up 6.8%.

• Profit attributable to owners of the parent projected at ¥27,000 million for the year, down 3.8% year-over-year.

• Second quarter business profit guidance raised by ¥2,000 million to ¥26,000 million; profit attributable to owners up by ¥1,000 million to ¥14,000 million.