Takazawa Ham Swings to Net Loss, Cancels Year-End Dividend — Revenue Down 5.4%
Takazawa Ham Co., Ltd. (TSE:22930) has revised its full-year earnings and dividend forecast for the fiscal year ending March 2026 sharply downward, swinging from a small profit to a net loss and cancelling the year-end dividend.
Consolidated:
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 28,106M | JPY 26,580M | -JPY 1,526M (-5.4%) |
| Operating Profit | -JPY 66M | -JPY 400M | -JPY 334M (loss widens) |
| Ordinary Income | -JPY 60M | -JPY 380M | -JPY 320M (loss widens) |
| Net Profit | JPY 75M | -JPY 220M | -JPY 295M (swing to loss) |
| EPS | JPY 36.52 | -JPY 107.13 | — |
| Year-end Dividend | JPY 20.00 | JPY 0.00 | Cancelled |
The company was already operating at a loss at the operating and ordinary income lines before this revision (prior plan had OP at -JPY 66M, OI at -JPY 60M). The downward revision deepens those losses and turns net profit — which had been held positive by non-operating items — into a net loss of -JPY 220M.
The company cited cooling consumer sentiment from price increases, sluggish personal consumption due to lagging wage growth, and declining volumes in processed meat products. Rising costs for imported beef and other raw materials added to the pressure. Year-end dividend is cancelled entirely, with no dividend for the year (the prior year also paid no dividend).
Investors should note this is an operational deterioration, not a one-time item: the core business was already loss-making, and the full-year numbers confirm that pattern is not reversing in FY2026.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.