Fujicco Co., Ltd. · TSE:2908
Fujicco — H1 FY3/2027 Earnings Presentation
20 slides from Fujicco's earnings presentation, Nov 11, 2026
Slide 1: Semi-annual Results Presentation
This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. Consolidated Financial Results for the Six Months Ended September 30, 2026 Semi-annual Res
Slide 2: Table of Contents
Table of Contents I. Outline of FY3/2027 Semi-annual Results II. Progress of the FY3/2026-FY3/2028 Medium-term Management Plan III. FY3/2027 Semi-annual Results – Segment Details – IV. Capital Strategy (Treatment of figures in this document) Whole numbers are rounded down to the nearest displayed un
Slide 3: I. Outline of FY3/2027 Semi-annual Results
I. Outline of FY3/2027 Semi-annual Results
Slide 4: Results Summary
Results Summary • Sales were largely in line with the plan, while profit significantly exceeded the plan. • Our earnings are concentrated in the second half of the fiscal year due to New Year demand. Although profit through Q2 exceeded plan and sales of yogurt and other products remain solid, the fu
Slide 5: Financial Highlights | Operating Profit (YoY)
Financial Highlights｜Operating Profit (YoY) • Reviewed the return on advertising expenses. Pursued efficient marketing investment while increasing sales. • Optimized personnel allocation and improved management efficiency through business restructuring and organizational integration, including the a
Slide 6: II. Progress of the FY3/2026-FY3/2028 Medium-term Management Plan
II. Progress of the FY3/2026-FY3/2028 Medium-term Management Plan
Slide 7: Medium-term Management Plan | Progress and Outlook
Medium-term Management Plan｜Progress and Outlook • We plan to increase operating profit by 1.5 billion yen YoY in FY3/2028. We will expand earnings from yogurt and kombu products and improve the profit margin for bean products. On the cost side, the benefits of consolidating production following the
Slide 8: Medium-term Management Plan | Current Business Portfolio
Medium-term Management Plan｜Current Business Portfolio • The yogurt business is driving our company’s growth, with improvements in both sales growth and profitability. • The kombu business maintains high levels of growth and cash generation capability, supported by its strong market competitiveness.
Slide 9: III. FY3/2027 Semi-annual Results – Segment Details –
III. FY3/2027 Semi-annual Results – Segment Details –
Slide 10: Sales Summary by Segment
Sales Summary by Segment • In Q2, kombu sales showed an upward trend. For yogurt, the entire Caspian Sea Yogurt series, including Richmo, performed well, contributing to improved profitability. • On the sales front, a challenge is to further improve profitability by increasing factory utilization th
Slide 11: Financial Highlights by Segment | Delicatessen
Financial Highlights by Segment｜<Delicatessen> • Although sales of daily delivered delicatessen products were sluggish due to the policies of our business partners, sales of the core Kobachi series in the packaged delicatessen foods category remained steady even after price revisions. Growing demand
Slide 12: Financial Highlights by Segment | Kombu
Financial Highlights by Segment ｜<Kombu> • Kombu products performed well overall. Sales of Shio-kombu (salted kombu), which accounts for 30% of sales, grew significantly, and its market share expanded. Sales of Kombu Tsukudani, which accounts for 50% of sales, remained steady. • We continue to ensur
Slide 13: Financial Highlights by Segment | Beans
Financial Highlights by Segment ｜<Beans> • Net sales of bean products decreased year on year as a result of pursuing a profitability- focused strategy. • The operating profit margin improved as a result of profitability improvement measures. ▼Changes in net sales (%) and operating profit margin (pt)
Slide 14: Financial Highlights by Segment | Yogurt
Financial Highlights by Segment ｜<Yogurt> • Achieved sales growth exceeding market growth, supported by the strong product appeal of the Caspian Sea Yogurt series, which is highly regarded for its distinctive texture and quality. • Richmo performed above plan, and the share of high-value-added produ
Slide 15: Initiatives to Achieve Full-Year Financial Targets
Initiatives to Achieve Full-Year Financial Targets • Joint campaign featuring three brands: Fujicco Grand Appreciation Festival (largest scale to date) • Timed to coincide with the price revisions implemented in September 2026 [Promotion overview] (1) TV commercial airing Airing period: October 10 –
Slide 16: IV. Capital Strategy
IV. Capital Strategy
Slide 17: Balance Sheet Control
Balance Sheet Control • Recognize improving ROIC as a key issue in creating corporate value • Continue reviewing invested capital alongside efforts to improve operating profit (Millions of yen) As of Mar. 31, 2025 As of Mar. 31, 2026 As of Sept. 30, 2026 Initiative highlights (Assets) 79,429 80,089
Slide 18: Cash Flows
Cash Flows • Cash generation capability has steadily improved as profitability in core operations has increased. • Cash generated will be allocated to securing kombu raw materials, improving productivity, and investing in growth to strengthen medium- to long-term competitiveness. An expansion of yog
Slide 19: Shareholder Returns
Shareholder Returns • Recognize shareholder returns as an important means of improving capital efficiency. • Given the solid performance of core operations, the policy is to prioritize shareholder returns through dividends and maintain the dividend at ¥46 per share. Allocate capital to areas that
Slide 20: Forward-looking statements and Contact
This document contains forward-looking statements about the Company’s current performance and other forward-looking information currently available to the Company. Actual results may differ from these forecasts due to various conditions and factors in the future, and this document does not guarantee