Fuji Oil Co. Ltd. · TSE:2607
Fuji Oil — Q4 2025 Earnings Presentation
33 slides from Fuji Oil's earnings presentation, May 13, 2026
Slide 1: FY2025 Financial Results Materials
FY2025 FY2025 Financial Results Materials May 13, 2026
Slide 2: Contents
Contents 1． FY2025 Results 2． FY2026 Forecast 3． Key Initiatives 4． Reference Materials 2
Slide 3: FY2025 Results
fr FUJI OIL CO.,LTD. FY2025 Results
Slide 4: FY2025 Cumulative Consolidated Results
1. FY2025 Results FY2025 Results FY2025 Cumulative Consolidated Results Unit: JPY billion FY2024 Cumulative FY2025 Cumulative YOY Net Sales 772.3 billion yen YOY +101.1 billion yen Net Sales 671.2 772.3 +101.1 Net sales increased thanks to higher sales prices reflecting rising raw material prices on
Slide 5: FY2025 Results by Business
1. FY2025 Results FY2025 Results by Business FY2025 Cumulative Results by Business Business Profit by Business Unit: JPY billion FY2024 FY2025 YOY Vegetable Oils and Fats Cumulative Cumulative • In the first half, realized raw material gains supported by Net Sales 671.2 772.3 +101.1 stable raw mater
Slide 6: FY2025 Business Profit Analysis
1. FY2025 Results FY2025 Business Profit Analysis Thanks to increased demand for CBE, business profit increased by 22.8 JPY billion to 36.0 JPY billion. Business Profit Analysis YOY Unit: JPY billion Price Factor +107.3 (74.5) +32.8 (10.7) +0.7 36.0 13.3 FY2024 Sales Volume Factor Price Revision Raw
Slide 7: FY2025 Blommer's Results
1. FY2025 Results FY2025 Blommer’s Results FY2025 Blommer’s Results Unit: JPY billion FY2024 FY2025 FY2025 vs. Rev. Results Results Rev. Forecast Forecast Net Sales 180.9 184.3 190.0 (5.7) Business Profit (31.1) (11.4) (8.4) (3.0) Cocoa Special Factors (30.5) (10.4) (9.5) (0.9) Business Profit (0.5)
Slide 8: FY2026 Forecast
fr FUJI OIL CO.,LTD. FY2026 Forecast
Slide 9: FY2026 Forecast
2. FY2026 Forecast FY2026 Forecast Unit: JPY billion Net Sales 754.0 billion yen YOY (18.3) billion yen FY2025 FY2026 YOY Planning on a decrease in net sales, as sales prices are projected to decline Results Forecast in line with lower raw material prices. Net Sales 772.3 754.0 (18.3) Business Profi
Slide 10: FY2026 Business Profit Analysis
2. FY2026 Forecast FY2026 Business Profit Analysis Aiming for an increase in profit, driven by profit growth in Industrial Chocolate Business, primarily due to improved profitability at Blommer. Unit: JPY billion Business Profit Analysis +0.5 +0.5 +13.1 (9.1) (3.5) 36.0 37.5 FY2025 Industrial Chocol
Slide 11: B/S, C/F
2. FY2026 Forecast B/S、C/F Operating cash flow improved significantly and turned positive, driven by profit growth. Further strengthening the financial base. B/S C/F In FY2025, net interest-bearing debt increased due to business Operating cash flow improved significantly in FY2025 Q4, driven by prof
Slide 12: FUJI ROIC・Dividend Policy
2. FY2026 Forecast FUJI ROIC・Dividend Policy FUJI ROIC has increased, supported by improved profitability. The annual dividend is planned to increase by JPY 10 in FY2026. FUJI ROIC Dividend Policy To improve capital efficiency, implement profitability initiatives across Reflecting profit growth, the
Slide 13: Full Year: Net Sales, Business Profit (by Business, Area)
2. FY2026 Forecast Full Year：Net Sales, Business Profit (by Business, Area) Japan Europe and Americas Asia Consolidated Total Unit: JPY million Net Sales FY YOY YOY YOY YOY 2026 Forecast（IFRS） 71,800 (5,747) 141,000 (1,256) 51,000 (273) 263,800 (7,276) Vegetable Oils and Fats 2025 Results（IFRS） 77,5
Slide 14: Key Initiatives
fr FUJI OIL CO.,LTD. Key Initiatives
Slide 15: Vegetable Oils and Fats
3. Key Initiatives Vegetable Oils and Fats Demand for vegetable fats for chocolate (CBE) is expected to remain solid. Strengthening the supply chain to support mid- to long-term growth. Net Sales・Profits FY2026 Forecast ： Business Profit 24.3 billion yen, YOY (9.1) billion yen (Vegetable Oils and Fa
Slide 16: Industrial Chocolate
3. Key Initiatives Industrial Chocolate New production facilities are scheduled to begin operations across regions. We are making steady progress toward achieving our mid-term management plan. Net Sales・Profits (Industrial Chocolate) FY2026 Forecast ： Business Profit 15.5 billion yen, YOY +13.1 bill
Slide 17: Blommer
3. Key Initiatives Blommer Sales of compound products, particularly CBE compound, are progressing steadily. We will continue to expand sales to improve profitability. FY2025 Forecast of Blommer Promotion of sales expansion initiatives Unit: JPY billion ・A new production line at the Campbellford plan
Slide 18: Emulsified and Fermented Ingredients, Soy-based Ingredients
3. Key Initiatives Emulsified and Fermented Ingredients, Soy-based Ingredients Emulsified and Fermented Ingredients Soy-based Ingredients FY2026 Forecast ： Business Profit 1.6 billion yen, YOY +0.5 billion yen FY2026 Forecast : Business Profit (0.4)billion yen, YOY +0.5 billion yen Expansion of the
Slide 19: Expansion of the Product Lineup within New Business Fields
3. Key Initiatives Expansion of the Product Lineup within New Business Fields In FY2025, we focused on expanding the product lineup within New Business Fields. Initiatives were advanced across businesses and regions to establish these fields as core pillars of the business. MelavioTM Establish New B
Slide 20: For Achieving Mid-term Management Plan
3. Key Initiatives For Achieving Mid-term Management Plan FY2025 achieved record-high profits. Initiatives toward achieving the targets of the mid-term management plan are progressing steadily. FY2027 FY202４ FY2025 FY2026 Financial metrics Mid-term Plan Aiming to achieve business profit of JPY Resul
Slide 21: Reference Materials
fr FUJI OIL CO.,LTD. Reference Materials
Slide 22: Notes: IFRS Adoption and Segment Changes
4. Reference Materials Notes Voluntary Adoption of IFRS Changes of Segment Information Based on the Management Approach ・From the first quarter of FY2025, we have adopted International Financial Reporting Standards (IFRS). In fiscal year 2025, we shifted from a group headquarters structure (pure hol
Slide 23: Business Performance Trends by Segment
4. Reference Materials Business Performance Trends by Segment Vegetable Oils and Fats Unit: JPY billion Industrial Chocolate Unit: JPY billion J-GAAP IFRS J-GAAP IFRS Net Sales FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 Net Sales FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 Q1 22.3 29.0 49.2 45.7 47.7 6
Slide 24: Business Performance Trends by Segment
4. Reference Materials Business Performance Trends by Segment Emulsified and Fermented Ingredients Unit: JPY billion Soy-based Ingredients Unit: JPY billion J-GAAP IFRS J-GAAP IFRS Net Sales FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 Net Sales FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 Q1 16.5 19.0 22
Slide 25: Major Indicators (PL related)
4. Reference Materials Major Indicators（PL related） Major Indicators IFRS FY2025 (Total Results） FY2026 Primary Item Item Unit Note FY2024 Q1 Q2 Q3 Q4 Forecast Business Profit JPY billion 13.3 5.7 15.4 28.8 36.0 37.5 Business Profit growth rate ％ - (32.1％) 131.6% 700.7% 171.8％ 4.0％ EBITDA JPY billio
Slide 26: Major Indicators (BS, CS related)
4. Reference Materials Major Indicators（BS,CS related） Major Indicators IFRS FY2025(Total Results） FY2026 Primary Item Item Unit Note FY2024 Q1 Q2 Q3 Q4 Forecast Total assets JPY billion 597.1 608.0 650.4 679.7 636.9 603.0 Interest-bearing debt JPY billion 283.7 288.5 309.5 323.3 268.4 248.0 NET Int
Slide 27: Sales Volumes of Major Product Categories (YOY)
4. Reference Materials Sales Volumes of Major Product Categories (YOY) FY2024 Results (Comparison for the Three-month Period) FY2025 Results (Comparison for the Three-month Period) Area Product Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total Japan 106% 106% 110% 101% 106% 102％ 106％ 110% 110% 107% Vegetable Oils
Slide 28: Main Raw Material Prices (~ the End of Apr. 2026)
4. Reference Materials Main Raw Material Prices (~ the End of Apr. 2026) Market Conditions Market Conditions Inventory trending at high levels but palm oil market prices Coconut oil is seeing recovery in the demand-supply balance are increasing due to the situation in the Middle East and but palm ke
Slide 29: Main Raw Material Prices (~ the End of Apr. 2026)
4. Reference Materials Main Raw Material Prices (~ the End of Apr. 2026) Market Conditions Market Conditions Continued downward trend for market prices due to global In addition to forecasts for increased exports of US soybeans decline in chocolate demand. to China, market prices are increasing due
Slide 30: Topics / Pick out
4. Reference Materials Topics / Pick out Greenhouse Gas Emissions Reduction Targets Receive SBT1.5℃ Certification In December 2025, Fuji Oil Co., Ltd., in pursuit of a sustainable future for food, has Notes obtained the certification from the Science Based Targets initiative (SBTi) ＊1 for the greenh
Slide 31: Topics / Pick out
4. Reference Materials Topics / Pick out Progress Report on the Responsible Palm Oil Notice Concerning DEALITM Sales Launch Sourcing Policy(January - June 2025) New Brand in our Series of Fermented Plant-based Milk Products Under our Responsible Palm Oil Sourcing Policy, we are undertaking Fuji Oil
Slide 32: Reference Links
4. Reference Materials Reference Links IR Website Integrated Report Investor’s Guide https://www.fujioil.co.jp/en/ir/ https://www.fujioil.co.jp/en/ir/library/integrated_report/ https://www.fujioil.co.jp/en/pdf/ir/investorsguide_en.pdf For Individual Investors Sustainability Report *Currently availab
Slide 33: Translation and forward-looking statements notice
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. The forward-looking statements, including earnings forecasts, contained in this document a