Yoshimura Food Holdings Posts Lower Profits Amid Challenging Economic Conditions

Yoshimura Food Holdings K.K. [2884.T]

TOKYO, Apr 15 (Pulse News Wire) – Yoshimura Food Holdings K.K. (2884.T) reported lower profits for the fiscal year ended February 28, 2026, compared to the previous year.

Revenue decreased by ¥57.48 billion to --¥1.1 million, while operating profit fell by --¥62.3 million to ¥1.692 billion. Ordinary profit declined by ¥918 million to --¥50.6 million, and net profit attributable to parent shareholders dropped by ¥16.7 million to ¥4.161 billion. The company attributed the decline primarily to reduced sales volumes and higher raw material costs, particularly impacting its domestic subsidiaries involved in processing and selling scallops. Additionally, unfavorable exchange rates and geopolitical risks contributed to challenging conditions for overseas operations. Despite these challenges, the group continued to support its affiliated companies through its SME support platform and strengthened collaborations with partners such as Kingbu Group Co., Ltd.

In terms of asset management, total assets increased by ¥4.959 billion to ¥61.03 billion, driven mainly by growth in inventory and customer-related assets. However, cash and deposits saw a reduction due to operational needs. For the upcoming fiscal year ending February 28, 2027, the company forecasts revenue to remain flat at ¥57.50 billion, with operating profit expected to rise slightly to ¥27.5 million. Net profit is projected to increase marginally to ¥1.400 billion. The company plans to hold its annual general meeting on May 27, 2026, and intends to broadcast a video presentation of its financial results on its website.

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