Yakult Honsha (2267) Q3 2026 earnings summary

Executive summary

• Net sales declined 3.8% year-over-year to ¥371.7 billion, with operating profit down 19.3% and profit attributable to owners of parent down 4.6%.

• Sales and profit were impacted by lower dairy product sales in Japan, adverse foreign exchange effects overseas, increased competition, and rising prices.

Financial highlights

• Net sales were ¥371.7 billion, down 3.8% from ¥386.2 billion year-over-year.

• Operating profit was ¥40.9 billion, down 19.3%; ordinary profit was ¥55.7 billion, down 19.0%.

• Profit attributable to owners of parent was ¥41.6 billion, a 4.6% decrease.

• Basic earnings per share were ¥141.54, a 1.6% decrease.

• Total assets increased to ¥881.3 billion, while net assets decreased to ¥626.3 billion.

Segment performance

• Food and Beverages (Japan): Net sales fell 4.8% to ¥176.3 billion and operating profit by 23.1%.

• Americas: Net sales declined 5.8% to ¥66.7 billion and operating profit by 13.1%, with significant FX impact.

• Asia/Oceania: Net sales dropped 1.1% to ¥103.6 billion and operating profit by 1.6%.

• Europe: Net sales rose 2.1% to ¥9.3 billion, with flat operating profit.

• Other businesses: Net sales decreased 2.4% to ¥24.8 billion.