Nippn (2001) Q1 2026 earnings summary

Executive summary

• Net sales rose 2.2% year-over-year to ¥104,219 million in the first quarter of FY2026, driven by inbound tourism, marketing efforts, and price revisions amid rising costs.

• Operating income increased 8.0% year-over-year to ¥5,544 million, and ordinary income grew 3.0% to ¥6,737 million, supported by higher sales volumes in core businesses.

• Profit attributable to owners of parent dropped 50.4% year-over-year to ¥4,678 million, reflecting the absence of last year's extraordinary gains from asset sales.

• HATANAKA FOODS Co., Ltd. was added as a consolidated subsidiary, and construction began on a new frozen foods plant to support future growth.

Financial highlights

• Gross profit increased to ¥26,239 million from ¥24,623 million year-over-year.

• Comprehensive income fell to ¥6,260 million from ¥15,318 million year-over-year.

• EPS for the quarter was ¥57.75, down from ¥120.98 in the prior year.

Outlook and guidance

• Full-year net sales forecast remains at ¥424,000 million, up 3.2% year-over-year.

• Full-year operating income is projected at ¥21,500 million, ordinary income at ¥24,500 million, and profit attributable to owners of parent at ¥20,200 million, down 18.4% year-over-year.

• Dividend forecast is unchanged at ¥66 per share for FY2026.