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Itochu-Shokuhin Co., Ltd. ( (JP:2692) ) has shared an announcement.
Itochu-Shokuhin reported consolidated net sales of ¥720.2 billion for the year ended March 31, 2026, up 3.0% year on year, with operating profit rising 24.2% to ¥10.6 billion and ordinary profit climbing 11.6% to ¥12.6 billion. Profit attributable to owners of parent edged up 0.8% to ¥8.3 billion, while comprehensive income surged 63.1%, and return on equity slipped to 6.8%, indicating modest bottom-line growth despite stronger operations.
Total assets increased to ¥287.9 billion and net assets to ¥126.4 billion, lifting the equity ratio to 43.9% and net assets per share to ¥9,957.75, while operating cash flow recovered to a positive ¥10.8 billion and cash and cash equivalents rose to ¥21.0 billion. The annual dividend was cut from ¥140 to ¥80 per share as the fiscal year-end dividend was set at zero, and the company disclosed it will omit forecasts and is scheduled to be delisted following a share cash-out demand by Itochu Corporation, significantly changing the outlook for existing shareholders.
More about Itochu-Shokuhin Co., Ltd.
Itochu-Shokuhin Co., Ltd. is a Japanese food wholesaler listed on the Tokyo Stock Exchange, operating under Japanese GAAP. The company focuses on the distribution of food products across Japan, leveraging its scale as part of the Itochu group to serve retailers and food-related businesses nationwide.
Average Trading Volume: 53,285
Technical Sentiment Signal: Buy
Current Market Cap: Yen163.8B
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