NH Foods (2282) Q3 2026 earnings summary

Executive summary

• Net sales rose 5.1% year-over-year to ¥1,108.6 billion for 1Q–3Q, driven by strong demand for Australian beef and higher domestic chicken prices.

• Business profit increased 45.3% year-over-year to ¥58.1 billion, with profit attributable to owners of the parent up 15.2% to ¥33.6 billion.

• Full-year business profit is forecast at ¥64.0 billion, up 50.4% year-over-year, and profit attributable to owners of the parent is expected to reach ¥34.0 billion, up 27.9%.

• An extraordinary loss of ¥6.5 billion will be recorded due to a fire at the Shiretoko Plant.

• Annual dividend forecast raised to ¥160 per share for the year ending March 31, 2026.

Financial highlights

• Business profit for 1Q–3Q reached ¥58.1 billion, up 45.3% year-over-year.

• Net sales for 1Q–3Q totaled ¥1,108.6 billion, up 5.1% year-over-year.

• Profit before tax for 1Q–3Q was ¥53.7 billion, up 23.9% year-over-year.

• EPS for 1Q–3Q was ¥343.14, up ¥56.71 year-over-year.

• Total assets grew 5.9% to ¥1,005.7 billion, and total equity attributable to owners of the parent rose 2.9% to ¥539.3 billion.

Outlook and guidance

• Full-year net sales forecast at ¥1,440.0 billion, up 5.1% year-over-year.

• Business profit forecast at ¥64.0 billion, up 50.4% year-over-year.

• Profit attributable to owners of the parent forecast at ¥34.0 billion, up 27.9% year-over-year.

• Full-year EPS forecast at ¥355.76, up ¥92.71 year-over-year.

• Dividend forecast for the year ending March 31, 2026, adjusted to ¥160 per share.