Zojirushi Corporation · TSE:7965
Zojirushi — Q1 FY2026 Earnings Presentation
21 slides from Zojirushi's earnings presentation, Mar 30, 2026
Slide 1: Supplementary Explanatory Materials for Financial Results for the Three Months Ended February 20, 2026
Supplementary Explanatory Materials for Financial Results for the Three Months Ended February 20, 2026 Zojirushi Corporation March 30, 2026
Slide 2: Contents
Contents Ⅰ. Consolidated Financial Results P.02 for the Three Months Ended February 20, 2026 Ⅱ. Consolidated Financial Forecast P.12 for the Fiscal Year Ending November 20, 2026 Ⅲ. Shareholder Returns P.18 © Zojirushi Corporation. All Rights Reserved. 1
Slide 3: I. Consolidated Financial Results for the Three Months Ended February 20, 2026
I. Consolidated Financial Results for the Three Months Ended February 20, 2026
Slide 4: Composition of net sales by product category/principal products
I. Consolidated Financial Results for the Three Months Ended February 20, 2026 (1) Composition of net sales by product category/principal products Household appliances Cooking appliances ⚫ Air-conditioning, cooling, Others and heating Humidifiers 3.7% ⚫ Rice cooking 11.7% Rice cookers ⚫ Kitchen hous
Slide 5: Comparison of quarterly financial results
I. Consolidated Financial Results for the Three Months Ended February 20, 2026 (2) Comparison of quarterly financial results Quarterly net sales Unit: Million yen FY 11/2023 FY 11/2024 FY 11/2025 FY 11/2026 35,000 28,144 29,032 30,384 30,000 27,128 23,463 25,000 19,427 21,099 21,555 21,486 18,318 18
Slide 6: Overview of financial results
I. Consolidated Financial Results for the Three Months Ended February 20, 2026 (3) Overview of financial results ⚫ Domestic sales of Embudaki and humidifiers remained strong, and efforts to pass on higher import costs progressed, resulting in an increase in net sales year on year. ⚫ Despite an incre
Slide 7: Statements of income (P/L)
I. Consolidated Financial Results for the Three Months Ended February 20, 2026 (4) Statements of income (P/L) ⚫ Although there was a decrease in the share of profit of entities accounted for using the equity method and an increase in the tax burden rate, profit increased due to higher net sales and
Slide 8: Net sales/operating profit by region and product category
I. Consolidated Financial Results for the Three Months Ended February 20, 2026 (5) Net sales/operating profit by region and product category Three months ended February 20, 2026 (Unit: Million yen, %) Overseas Japan Asia Americas Others Subtotal Total Of which, China Cooking appliances 14,075 3,312
Slide 9: Net sales by region and product category
I. Consolidated Financial Results for the Three Months Ended February 20, 2026 (6) Net sales by region and product category © Zojirushi Corporation. All Rights Reserved. 8
Slide 10: Net sales by product category (details)
I. Consolidated Financial Results for the Three Months Ended February 20, 2026 (7) Net sales by product category (details) (Unit: Million yen, %) Three months ended Three months ended YoY change February 20, 2025 February 20, 2026 Amount Composition Amount Composition Amount Rate Rice cooking Net sa
Slide 11: Factors of YoY change in net sales/operating profit
I. Consolidated Financial Results for the Three Months Ended February 20, 2026 (8) Factors of YoY change in net sales/operating profit Net sales (Unit: Million yen) Operating profit (Unit: Million yen) ～ ～ ～ ～ FY11/2025 Q1 FY11/2026 Q1 FY11/2025 Q1 FY11/2026 Q1 © Zojirushi Corporation. All Rights Re
Slide 12: Balance sheets (B/S)
I. Consolidated Financial Results for the Three Months Ended February 20, 2026 (9) Balance sheets (B/S) (Unit: Million yen) November 20, 2025 February 20, 2026 Change Current assets 85,366 84,844 (521) Cash and deposits 33,177 32,324 (853) Merchandise and finished goods 26,091 23,628 (2,463) Other 2
Slide 13: II. Consolidated Financial Forecast for the Fiscal Year Ending November 20, 2026
II. Consolidated Financial Forecast for the Fiscal Year Ending November 20, 2026
Slide 14: Financial performance
II. Consolidated Financial Forecast for the Fiscal Year Ending November 20, 2026 (1) Financial performance Japan Asia Americas Others Operating profit Ratio of operating profit to net sales Net sales 13.6% Operating profit （Million yen） 9.2% （Million yen） 6.9% 7.3% 8.2% 6.8% 8.2% 7.1% 7.4% 5.7% 6.0%
Slide 15: Statements of income (P/L)
II. Consolidated Financial Forecast for the Fiscal Year Ending November 20, 2026 (2) Statements of income (P/L) Financial forecast Fiscal Year ended for the Fiscal Year ending YoY change November 20, 2025 November 20, 2026 (Unit: Million yen, %) Amount Composition Amount Composition Amount Rate Net
Slide 16: Net sales by region and product category
II. Consolidated Financial Forecast for the Fiscal Year Ending November 20, 2026 (3) Net sales by region and product category Financial forecast for the Fiscal Year ending November 20, 2026 (Unit: Million yen, %) Overseas Japan Asia Americas Others Subtotal Total Of which, China Cooking appliances 4
Slide 17: Net sales by product category (details)
II. Consolidated Financial Forecast for the Fiscal Year Ending November 20, 2026 (4) Net sales by product category (details) Financial forecast (Unit: Million yen, %) Fiscal Year ended for the Fiscal Year ending YoY change November 20, 2025 November 20, 2026 Amount Composition Amount Composition Amo
Slide 18: Factors of YoY change in net sales/operating profit
II. Consolidated Financial Forecast for the Fiscal Year Ending November 20, 2026 (5) Factors of YoY change in net sales/operating profit Net sales (Unit: Million yen) Operating profit (Unit: Million yen) ～ ～ ～ ～ FY11/2025 FY11/2026 FY11/2025 FY11/2026 (Financial forecast) (Financial forecast) © Zoji
Slide 19: III. Shareholder Returns
III. Shareholder Returns
Slide 20: Shareholder Returns Policy
III. Shareholder Returns The Company considers the return of profits to shareholders to be an important policy and will aim to maintain a stable dividend targeting a consolidated payout ratio of 50% or higher while comprehensively taking into account internal reserves, earnings forecast, etc. to Pol
Slide 21: Notes on forward-looking statements
Notes on forward-looking statements ⚫ This material is provided to investors purely for informational purposes and is not intended to solicit stock trading. ⚫ Forward-looking statements in this material are based on targets or forecasts and are not a commitment or guarantee. Please note that the Com