News & Reports

Morinaga Q1 FY2027: Revenue up 5.6% on US M&A, operating profit down 13.7%

Morinaga reported revenue of ¥63.6 billion for the first quarter of fiscal 2027, up 5.6% year on year, driven by the consolidation of U.S. mochi ice cream firm MyMo. However, operating profit fell 13.7% to ¥6.1 billion due to acquisition-related costs and higher raw material prices.

Q1 FY2027 (Apr-Jun 2026)

Kikkoman Q1 FY2027: Operating profit jumps 29% on overseas growth, weaker yen

Kikkoman Corp. reported a strong start to fiscal 2027, with first-quarter revenue climbing 15.0% year on year to ¥202,032 million and operating profit surging 29.0% to ¥24,627 million. Net income attributable to shareholders rose 24.3% to ¥19,017 million, as global markets for soy sauce and related products continued to expand and the yen's depreciation boosted the value of overseas sales.

Q1 FY2027 (Apr-Jun 2026)

Meiji Q1 FY2027: Operating Profit Jumps 28% on Drug Business Growth

Meiji Holdings reported a strong Q1 FY2027, with revenue up 5.8% to ¥289.4bn and operating profit up 27.7% to ¥22.6bn. Net profit soared 51.3% to ¥15.2bn on pharmaceutical strength, offsetting cocoa cost headwinds in food.

FY2027 Q1 (Apr-Jun 2026)

Kotobuki Spirits Q1 FY2027: Revenue up 10%, operating profit up 21%

Kotobuki Spirits posted a 10% increase in Q1 FY2027 revenue to 18.67 billion yen and a 20.7% rise in operating profit to 4.15 billion yen, as all segments grew. Inbound tourism recovery and new brands fueled the gains; full-year forecasts were unchanged.

Q1 FY2027 (Apr-Jun 2026)

NH Foods Q1 FY2027: Sales Rise 8.7%, Operating Profit Up 19.5%, but Net Income Down

NH Foods posted an 8.7% revenue increase to ¥384.9 billion for the fiscal first quarter ended June 2026, led by strong meat sales. Operating profit grew 19.5% to ¥19.4 billion, but net income fell 5.6% to ¥10.7 billion due to currency headwinds and higher raw material costs.

Q1 FY2027 (Apr-Jun 2026)

JT Q2 FY2026: Revenue Jumps 17.7%, Full-Year Guidance Raised

Japan Tobacco Inc. (JT) reported a 17.7% year-on-year increase in revenue to ¥1.986 trillion for the first half of fiscal 2026, driven by currency tailwinds and price hikes in its tobacco business. Operating profit surged 29.0% to ¥644.9 billion, while net income climbed 35.0% to ¥431.8 billion. The company raised its full-year earnings forecast, citing sustained momentum.

H1 FY2026 (Jan–Jun 2026)

Toyo Suisan Q1 FY2027: Overseas instant noodles drive 23% profit surge

Toyo Suisan reported a 23.4% jump in first-quarter operating profit for FY2027, driven by strong overseas instant noodle performance, as revenue grew 7.8% to ¥135.67 billion. Net income rose 19.5% to ¥18.23 billion, while the operating margin widened to 16.6% from 14.5%.

Q1 FY2027 (Apr-Jun 2026)

Yakult Q1 FY2027: Overseas Growth Offsets Japan Slump, But Operating Profit Dips

Yakult posted a 3.3% revenue increase to ¥120,463 million for the first quarter of FY2027, yet operating profit slid 7.5% to ¥10,088 million as robust overseas growth was offset by domestic weakness. Net income attributable to parent company shareholders surged 17.2% to ¥13,591 million thanks to gains from sales of investment securities.

Q1 FY2027 (April - June 2026)

Kagome Q2 FY2026: Operating Profit Drops 14.5%, Full-Year Outlook Cut

Kagome reported a 3.7% rise in revenue to 143.79 billion yen for the first half of FY2026, but operating profit fell 14.5% to 9.09 billion yen and net income attributable to owners of the parent slid 24.2% to 4.68 billion yen. The company cut its full-year operating profit forecast by 15.2% to 19.5 billion yen, while raising its planned annual dividend by 10 yen to 58 yen per share.

H1 FY2026 (January–June 2026)

Calbee Q1 FY2027: Operating Profit Jumps 24%, Full-Year Outlook Unchanged

Calbee reported a 5.5% increase in revenue to ¥86.8 billion for Q1 FY2027, while operating profit jumped 24.4% to ¥6.6 billion, helped by price hikes and overseas demand. Net income rose 15.2% to ¥4.1 billion, and full-year forecasts were unchanged.

Q1 FY2027 (Apr-Jun 2026)

Asahi Says Cyber Attack Caused Internal Control Weakness, Delays Filing

Asahi disclosed a material weakness in internal controls for the fiscal year ending December 2025 after a cyberattack in September 2025 compromised its systems. Attackers gained administrator privileges and deployed ransomware, disrupting access to financial data and forcing the company to delay submission of its securities report. The company assessed that internal controls over Japan region IT operations were ineffective.