Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-24
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥448.2bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥436.1bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥410.5bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥425.2bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥381.4bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥8.8bn2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥9.0bn2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥11.0bn2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥10.7bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥10.8bn2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥10.3bn2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥9.2bn2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥11.6bn2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥17.6bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥8.3bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥12.2bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥7.5bn2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥7.5bn2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥6.0bn2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥8.3bn2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥12.2bn2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥202.1bnat 2026-03-31Cons.Assets
Total assets¥171.9bnat 2025-03-31Cons.Assets
Total assets¥161.2bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥146.5bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥142.4bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥106.4bnat 2026-03-31Cons.Liabilities
Total liabilities¥83.2bnat 2025-03-31Cons.Liabilities
Net assets / equity¥95.7bnat 2026-03-31Cons.Net assets
Net assets / equity¥88.7bnat 2025-03-31Cons.Net assets
Net assets / equity¥78.0bnat 2024-03-31vCons.Net assets
Net assets / equity¥70.2bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥64.0bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥18.2bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥16.3bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥18.0bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥16.1bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥16.8bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥10.9bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥11.0bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥2.9bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥2.3bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥12.8bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥7.2bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.4bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥14.7bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow¥613m2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥4.8bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥4.2bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥3.5bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥13.4bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥811m2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥2.1bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥3.2bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥1.6bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥145.822025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥208.872024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥128.882023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥128.012022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥102.462021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥1,675.18at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,518.58at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,337.37at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,203.65at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,098.47at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio47.4%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio51.6%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio48.4%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio48.1%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio45.1%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE9.0%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE14.6%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE10.1%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE11.1%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE9.7%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees2,807at 2026-03-31Cons.Number of employees
Employees2,783at 2025-03-31Cons.Number of employees
Employees2,723at 2024-03-31vCons.Number of employees
Employees2,729at 2023-03-31vCons.Number of employees
Employees2,756at 2022-03-31vCons.Number of employees
Revenue¥437.5bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥425.2bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥401.1bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥413.1bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥373.9bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥6.1bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥5.8bn2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥7.9bn2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥7.3bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥9.1bn2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥7.1bn2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥5.6bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥8.1bn2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥7.1bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥5.9bn2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥4.9bn2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥5.8bn2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥5.2bn2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥3.7bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥174.6bnat 2026-03-31StandaloneAssets
Total assets¥151.4bnat 2025-03-31StandaloneAssets
Total assets¥146.1bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥133.1bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥131.3bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥107.8bnat 2026-03-31StandaloneLiabilities
Total liabilities¥88.5bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥66.7bnat 2026-03-31StandaloneNet assets
Net assets / equity¥63.0bnat 2025-03-31StandaloneNet assets
Net assets / equity¥59.8bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥54.2bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥50.4bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥14.1bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥14.5bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥102.782025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥83.382024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥99.92023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥88.812022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥63.692021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥432025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥1102024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥802023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥752022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥652021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,167.8at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,077.8at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,026.09at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥926.91at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥862.86at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio38.2%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio41.6%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio41.0%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio40.7%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio38.4%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE9.1%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE7.9%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE10.2%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE9.9%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE7.6%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued58,567,000at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued19,522,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued19,522,000at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued19,522,000at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued19,522,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees1,298at 2026-03-31StandaloneNumber of employees
Employees1,282at 2025-03-31StandaloneNumber of employees
Employees1,222at 2024-03-31vStandaloneNumber of employees
Employees1,221at 2023-03-31vStandaloneNumber of employees
Employees1,223at 2022-03-31vStandaloneNumber of employees

Periods use the dates stated in the filing. d = earlier-year period dated by calendar; v = that date confirmed by the company's own earlier filing.

Segments · 5
SegmentItemPeriodValue
Otherother segmentsemployeesat 2026-03-31219 pure
Meat Relatedreportable segmentemployeesat 2026-03-312588 pure
—segment totalemployeesat 2026-03-312807 pure
Meat Relatedreportable segmentemployeesat 2026-03-311298 pure
—segment totalemployeesat 2026-03-311298 pure

Segment names come from EDINET member IDs; not yet mapped to a common taxonomy.

All source rows · 1,807
ItemContextValueUnit
Net assets (5-year summary)Prior3YearInstant_NonConsolidatedMember54221000000JPY
Net assets (5-year summary)Prior2YearInstant_NonConsolidatedMember59844000000JPY
Net assets (5-year summary)Prior1YearInstant_NonConsolidatedMember62985000000JPY
Net assets (5-year summary)CurrentYearInstant_NonConsolidatedMember66735000000JPY
Total assets (5-year summary)Prior4YearInstant_NonConsolidatedMember131342000000JPY
Total assets (5-year summary)Prior3YearInstant_NonConsolidatedMember133104000000JPY
Total assets (5-year summary)Prior2YearInstant_NonConsolidatedMember146108000000JPY
Total assets (5-year summary)Prior1YearInstant_NonConsolidatedMember151439000000JPY
Total assets (5-year summary)CurrentYearInstant_NonConsolidatedMember174576000000JPY
Net assets per share (5-year summary)Prior4YearInstant_NonConsolidatedMember862.86
Net assets per share (5-year summary)Prior3YearInstant_NonConsolidatedMember926.91
Net assets per share (5-year summary)Prior2YearInstant_NonConsolidatedMember1026.09
Net assets per share (5-year summary)Prior1YearInstant_NonConsolidatedMember1077.80
Net assets per share (5-year summary)CurrentYearInstant_NonConsolidatedMember1167.80
Dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember65.00
Dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember75.00
Dividend paid per share (5-year summary)Prior2YearDuration_NonConsolidatedMember80.00
Dividend paid per share (5-year summary)Prior1YearDuration_NonConsolidatedMember110.00
Dividend paid per share (5-year summary)CurrentYearDuration_NonConsolidatedMember43.00
Interim dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior1YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)CurrentYearDuration_NonConsolidatedMember-
Basic earnings loss per share (5-year summary)Prior4YearDuration_NonConsolidatedMember63.69
Basic earnings loss per share (5-year summary)Prior3YearDuration_NonConsolidatedMember88.81
Basic earnings loss per share (5-year summary)Prior2YearDuration_NonConsolidatedMember99.90
Basic earnings loss per share (5-year summary)Prior1YearDuration_NonConsolidatedMember83.38
Basic earnings loss per share (5-year summary)CurrentYearDuration_NonConsolidatedMember102.78
Diluted earnings per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior1YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)CurrentYearDuration_NonConsolidatedMember-
Equity to asset ratio (5-year summary)Prior4YearInstant_NonConsolidatedMember0.384
Equity to asset ratio (5-year summary)Prior3YearInstant_NonConsolidatedMember0.407
Equity to asset ratio (5-year summary)Prior2YearInstant_NonConsolidatedMember0.410
Equity to asset ratio (5-year summary)Prior1YearInstant_NonConsolidatedMember0.416
Equity to asset ratio (5-year summary)CurrentYearInstant_NonConsolidatedMember0.382
Rate of return on equity (5-year summary)Prior4YearDuration_NonConsolidatedMember0.076
Rate of return on equity (5-year summary)Prior3YearDuration_NonConsolidatedMember0.099
Rate of return on equity (5-year summary)Prior2YearDuration_NonConsolidatedMember0.102
Rate of return on equity (5-year summary)Prior1YearDuration_NonConsolidatedMember0.079
Rate of return on equity (5-year summary)CurrentYearDuration_NonConsolidatedMember0.091
Price earnings ratio (5-year summary)Prior4YearDuration_NonConsolidatedMember10.5
Price earnings ratio (5-year summary)Prior3YearDuration_NonConsolidatedMember8.2
Price earnings ratio (5-year summary)Prior2YearDuration_NonConsolidatedMember9.5
Price earnings ratio (5-year summary)Prior1YearDuration_NonConsolidatedMember11.2
Price earnings ratio (5-year summary)CurrentYearDuration_NonConsolidatedMember12.3
Payout ratio (5-year summary)Prior4YearDuration_NonConsolidatedMember0.340

Every row of the EDINET CSV. Item names are the XBRL element names; filed text is kept in its original Japanese. Filed text is available on Plus and Pro.

Data checks · 24 of 24 passed
balance sheet identityconsolidated 2025-03-31pass rounding
balance sheet identityconsolidated 2026-03-31pass rounding
balance sheet identitynon_consolidated 2025-03-31pass
balance sheet identitynon_consolidated 2026-03-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2024-03-31pass
statement vs summary · net assetsconsolidated 2025-03-31pass
statement vs summary · net assetsconsolidated 2026-03-31pass
statement vs summary · net assetsnon_consolidated 2024-03-31pass
statement vs summary · net assetsnon_consolidated 2025-03-31pass
statement vs summary · net assetsnon_consolidated 2026-03-31pass
statement vs summary · net income attributable to parentconsolidated 2024-04-01/2025-03-31pass
statement vs summary · net income attributable to parentconsolidated 2025-04-01/2026-03-31pass
statement vs summary · operating cash flowconsolidated 2024-04-01/2025-03-31pass
statement vs summary · operating cash flowconsolidated 2025-04-01/2026-03-31pass
statement vs summary · revenueconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenueconsolidated 2025-04-01/2026-03-31pass
statement vs summary · revenuenon_consolidated 2024-04-01/2025-03-31pass
statement vs summary · revenuenon_consolidated 2025-04-01/2026-03-31pass
statement vs summary · total assetsconsolidated 2025-03-31pass
statement vs summary · total assetsconsolidated 2026-03-31pass
statement vs summary · total assetsnon_consolidated 2025-03-31pass
statement vs summary · total assetsnon_consolidated 2026-03-31pass