KATSU MI JAPAN INC Revises FY2026 Earnings Down 17% on Input Costs
KATSU MI JAPAN INC (TSE:226A0) has cut its full-year earnings forecast for the fiscal year ending November 2026, citing sharp increases in rice and seafood costs that have prompted customers to switch to lower-priced competitors.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 3.00bn | JPY 2.48bn | -17.2% |
| Operating Profit | JPY 282M | JPY 234M | -17.0% |
| Ordinary Income | JPY 277M | JPY 229M | -17.3% |
| Net Profit | JPY 181M | JPY 150M | -17.1% |
| １株あたり当期純利益 | JPY 89.71/share | JPY 74.33/share | -17.1% |
The medical food ingredients division faces severe headwinds from rice scarcity and successive price hikes in fish and other raw materials. Major hospital and facility customers, along with wholesale distributors, have increasingly prioritized cost over quality, shifting purchases away from KATSU MI JAPAN INC’s premium offerings to cheaper alternatives. Similar switching behavior has emerged in the frozen meal business segment among certain facility groups.
The downward revision reflects deteriorating demand for the company’s high-quality product strategy in a price-sensitive environment. Annual dividend per share has been reduced to JPY 14.87/share from JPY 17.94/share, a 17.1% cut. Management plans to counter margin pressure through new low-cost product launches and distribution channel expansion, though the timing of market stabilization remains uncertain. Investors should monitor whether input cost inflation moderates and whether the company’s repositioning efforts gain traction with price-conscious buyers.
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.