TOKYO, Mar 16 (Pulse News Wire) – Shoei Foods Corporation (8079.T) reported robust first quarter results ending January 31, 2026, driven by price increases across its segments. Revenue rose 12.4% to ¥353.4 billion, while operating profit surged 100.6% to ¥16 million compared to the same period last year.
Net profit attributable to shareholders increased significantly to ¥1.095 billion, up 130.7%. In detail, the Japanese segment saw revenue growth due to higher selling prices, contributing to overall sales gains despite declines in China. The U.S. division benefited from favorable almond harvests and improved pricing, leading to a 39.0% increase in revenue.
Meanwhile, cost-cutting measures in China helped offset reduced imports, resulting in a modest profit improvement there. As of January 31, 2026, total assets stood at ¥1.095 billion, marking a 9.0% rise from the previous year-end. Equity capital grew to ¥577.0 billion, reflecting positive adjustments in various accounts. The company expects continued strong performance throughout the fiscal year, projecting revenues and profits to remain elevated.
Shoei Foods did not revise its full-year outlook previously disclosed on November 1, 2025.
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