Nippn (2001) investor relations material

Executive summary

• Net sales rose 1.8% year-over-year to ¥418,425 million, driven by inbound tourism, sales promotions, and price revisions amid rising costs.

• Operating income increased 2.8% to ¥22,082 million, while profit attributable to owners of parent fell 11.9% to ¥21,803 million due to prior-year extraordinary gains.

• Comprehensive income surged 53.5% to ¥36,507 million, reflecting improved unrealized gains on securities and retirement benefit adjustments.

• Strategic initiatives included new plant construction for frozen foods, expansion in ASEAN and North America, and the launch of a smart, resilient flour mill.

Financial highlights

• Gross profit increased to ¥104,766 million from ¥99,590 million year-over-year.

• Ordinary income rose 2.0% to ¥24,874 million.

• Net assets per share climbed to ¥3,415.52, and profit per share was ¥262.51.

• Cash and cash equivalents at year-end increased by ¥22,751 million to ¥64,222 million.

Outlook and guidance

• FY2027 net sales are forecast to grow 2.8% to ¥430,000 million, but operating income is expected to decline 11.7% to ¥19,500 million due to higher depreciation and persistent cost pressures.

• Medium-term targets were revised upward: net sales of ¥450,000 million, operating income of ¥21,000 million, ROE ≥8%, and ROIC ≥5% by FY2027.

• Annual dividend for FY2027 is planned at ¥68 per share, matching FY2026.