TOKYO, May 22 (Pulse News Wire) – Kyokuyo CO.,LTD. (1301.T) reported record revenue of ¥334.6 billion for the fiscal year ending March 2026, but missed profit targets due to rising production costs and slower-than-expected growth in overseas operations.
Operating profit reached ¥88 billion, while net profit was ¥10.70 billion, down from the forecast. Sales from overseas markets increased significantly, reaching ¥54.7 billion, up from ¥31.90 billion the previous year, reflecting the acquisition of a Danish seafood company and organizational restructuring of export activities. In its mid-term plan, Kyokuyo aims to achieve an overseas sales ratio exceeding 40% by March 2027.
Key strategies include expanding global operations and enhancing production facilities. The company also plans substantial investments totaling ¥40 billion in various projects, including factory expansions and digital transformation initiatives. Despite missing some profitability goals, Kyokuyo maintained a stable capital structure with a debt-to-equity ratio of 1.2 times and continued to focus on shareholder returns through dividend policies and product gifts to shareholders based on their holdings.
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