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21082026 Q3PrimeJGAAP

Nippon Beet Sugar Manufacturing (2108) FY2026 Q3 Earnings Report

For FY2026 Q3, revenue came to ¥51.3B (+9.9% year on year) and operating loss ¥1.2B. The segment drivers and cash flow follow.

Foods/Foods


Financial Highlights

  • Net Sales: ¥51.25B
  • Operating Income: ¥-1.18B
  • Net Income: ¥577M
  • EPS: ¥46.95

Income Statement

ItemCurrentPriorYoY %
Net Sales¥51.25B¥46.62B+9.9%
Cost of Sales¥41.92B¥38.10B+10.0%
Gross Profit¥9.33B¥8.52B+9.6%
SG&A Expenses¥10.52B¥9.35B+12.5%
Operating Income−¥1.18B−¥831M−42.2%
Non-operating Income¥927M¥827M+12.1%
Non-operating Expenses¥183M¥228M−19.7%
Ordinary Income−¥439M−¥232M−89.2%
Profit Before Tax¥842M¥7.40B−88.6%
Income Tax Expense¥265M¥2.41B−89.0%
Net Income¥577M¥5.00B−88.5%
Net Income Attributable to Owners¥577M¥5.00B−88.5%
Total Comprehensive Income¥2.36B¥5.29B−55.5%
Interest Expense¥60M¥37M+62.2%
Basic EPS¥46.95¥396.60−88.2%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥59.91B¥51.32B+¥8.59B
Cash and Deposits¥7.48B¥3.16B+¥4.31B
Accounts Receivable¥7.32B¥8.49B−¥1.17B
Inventories¥22.75B¥24.03B−¥1.29B
Non-current Assets¥53.68B¥49.90B+¥3.78B
Property, Plant & Equipment¥21.20B¥20.24B+¥957M
Intangible Assets¥1.62B¥1.56B+¥67M
Investment Securities¥28.20B¥25.46B+¥2.75B
Total Assets¥113.59B¥101.22B+¥12.38B
Current Liabilities¥27.64B¥16.43B+¥11.21B
Accounts Payable¥4.29B¥1.33B+¥2.96B
Short-term Loans¥11.52B¥9.04B+¥2.48B
Non-current Liabilities¥11.75B¥10.95B+¥803M
Total Liabilities¥39.40B¥27.39B+¥12.01B
Total Equity¥74.19B¥73.83B+¥366M
Capital Stock¥8.28B¥8.28B¥0
Capital Surplus¥8.40B¥8.41B−¥11M
Retained Earnings¥43.03B¥48.66B−¥5.63B
Treasury Stock−¥1.50B−¥5.72B+¥4.22B
Owners' Equity¥74.19B¥73.83B+¥366M
Working Capital¥32.27B--

Profitability Ratios

ItemValue
Book Value Per Share¥6,137.64
Net Profit Margin1.1%
Gross Profit Margin18.2%
Current Ratio216.7%
Quick Ratio134.5%
Debt-to-Equity Ratio0.53x
Interest Coverage Ratio−19.70x
Effective Tax Rate31.5%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+9.9%
Profit Before Tax YoY Change−88.6%
Net Income YoY Change−88.4%
Net Income Attributable to Owners YoY Change−88.4%
Total Comprehensive Income YoY Change−55.5%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)12.81M shares
Treasury Stock722K shares
Average Shares Outstanding12.30M shares
Book Value Per Share¥6,137.61

Segment Information

SegmentRevenueOperating Income
AgriculturalMaterials¥1.74B−¥77M
Feed¥9.17B¥729M
Grocery¥2.12B¥127M
OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness¥883M¥326M
RealEstate¥862M¥430M
Sugar¥36.47B−¥2.59B

Full Year Forecast

ItemForecast
Net Sales Forecast¥69.00B
Operating Income Forecast−¥400M
Ordinary Income Forecast¥300M
Net Income Attributable to Owners Forecast¥4.70B
Basic EPS Forecast¥382.19
Dividend Per Share Forecast¥160.00