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Ichimasa Kamaboko Sees Profit Decline Despite Higher Sales, Keeps Dividend and Eyes Margin Recovery

Story Highlights
  • Ichimasa Kamaboko grew sales but saw profits and EPS decline, highlighting margin pressure despite a stronger top line.
  • The company plans to maintain its ¥14 dividend and forecasts higher full-year sales and profit, signaling expected margin recovery.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ichimasa Kamaboko Sees Profit Decline Despite Higher Sales, Keeps Dividend and Eyes Margin Recovery

Meet Samuel – Your Personal Investing Prophet

The latest update is out from Ichimasa Kamaboko Co., Ltd. ( (JP:2904) ).

Ichimasa Kamaboko reported consolidated net sales of ¥28.17 billion for the nine months ended March 31, 2026, a 2.6% increase year on year, while operating profit fell 15% to ¥973 million and profit attributable to owners of parent dropped 29.5% to ¥673 million, reflecting profit margin pressure despite modest top-line growth. Total assets rose to ¥31.05 billion and the equity ratio improved slightly to 49.2%, but basic earnings per share declined to ¥36.78, signaling weaker profitability for shareholders.

The company maintained its dividend policy, having paid a ¥14 per share total dividend in the previous fiscal year and forecasting the same level for the year ending June 30, 2026, with no changes announced to its payout outlook. For the full fiscal year, Ichimasa projects net sales of ¥36.2 billion, up 4.7%, and a recovery in operating and ordinary profit of more than 20% year on year, suggesting management expects margin improvement in the final quarter even as full-year profit attributable to owners of parent is only marginally higher than the prior year.

More about Ichimasa Kamaboko Co., Ltd.

Ichimasa Kamaboko Co., Ltd. is a Japanese food manufacturer listed on the Tokyo Stock Exchange, operating under securities code 2904. The company specializes in processed seafood products such as kamaboko and related items, targeting the domestic food market under Japanese GAAP reporting standards.

Average Trading Volume: 5,307

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen14.19B

For an in-depth examination of 2904 stock, go to TipRanks’ Overview page.

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