Marudai Food Co., Ltd. Raises Earnings and Dividend Forecast — +7.8% EPS

Marudai Food Co., Ltd. (TSE:2288) has revised its earnings and dividend forecast for the full fiscal year ending March 2026, raising key metrics including net profit and earnings per share.

Item Before After Change
Revenue JPY 238.0bn JPY 238.3bn +0.1%
Operating Profit JPY 7.00bn JPY 7.50bn +7.1%
Ordinary Income JPY 7.40bn JPY 7.90bn +6.8%
Net Profit JPY 9.00bn JPY 9.70bn +7.8%
EPS JPY 368M JPY 396M +7.8%

The revision reflects stronger-than-expected performance in its processed food and meat businesses, with sales in dessert products and meat segments exceeding prior forecasts. Additionally, the company cited price adjustments and cost-cutting measures as key factors driving higher operating and ordinary income.

The upward revision signals improved profitability and operational efficiency, and the company anticipates a higher dividend payout, likely reflecting its commitment to shareholder returns. Investors should note that Japan’s "ordinary income" (keijo rieki) includes non-operating items such as interest and dividend income, which can differ materially from IFRS or US GAAP measures. The revised forecast underscores Marudai Food’s confidence in its business model and financial health.