The original disclosure in Japanese was released on May 8,2025 at 14:30
FY2024Results Briefing May 12, 2025 House Foods Group Inc. Stock code: 2810
https://housefoods-group.com/
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FY2024 Results
Full-Year Plan for FY2025 Eighth Medium-term Business Plan Progress Supplementary Materials 1. Eighth Medium-term Business Plan 2. Business Overview3
FY2024 Results
Consolidated ResultsFY2024
Billion yen
Results
Year on year Announced on
February 21
Summary of Business Results
Net sales | 315.4 | +15.8 | -0.6 |
Sales grew, especially in Spice/Seasoning/Processed Food Business, |
Operating profit | 20.0 | +0.5 | +0.0 |
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Business | ||||
EBITDA*1 | 33.9 | +0.9 | - • Profitability of Other Food Related Business and International Food Business is still an issue | |
International Food Business and Restaurant Business
Profit*2 12.5 -5.1 +0.2
Profit: 12.5 billion yen (down 28.9% YoY)
Ordinary profit
21.4
+0.3
-0.1
Profit fell in absence of gain on revision of retirement benefit plan recorded previous fiscal year
Impairment loss recognized on goodwill associated with Keystone acquisition in U.S.
*1 Operating profit (before amortization of goodwill) + Depreciation
*2 Profit attributable to owners of parent
For overview of non-operating income and expenses and extraordinary income and losses, see page 7.
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Copyright (c) House Foods Group Inc. All rights reserved.
FY2024 Results
Spice / Seasoning / Processed Food Business
131.4
+5.1
International Food Business
62.4
+6.0
Net sales
Billion yen
Consolidated
Results Year on year
315.4 +15.8
Health Food Business
17.0
+0.2
Restaurant Business
61.0
+5.9
Results by SegmentSummary of Business Results
Consolidated
6.3% -0.2pt
Spice/Seasoning/Processed Food Business [Increases in sales and profit]
Focused on creating demand and achieved recovery in sales volume. Offset higher costs with effects of increased sales and price revisions and increased profit
Implemented profit improvement measures for sustainable creation of profit in an increasingly tough cost environment
Health Food Business [Increase in sales but decrease in profit]
Other Food Related Business
54.4
-0.6
Adjustment (elimination)
-10.8
-0.7
Increased sales by stepping up sales promotions and implementing product measures in vitamins business. Operating profit was mostly unchanged year on year
International Food Business [Increase in sales but decrease in profit]
Operating profit
Billion yen
Results Year on year
Business Business Business
Business
Focused on strengthening business base and solving issues in each area
United States: Sales increased but profit decreased. Increased sales in Tofu business at HFA*1 were not enough to offset lower profitability due to struggling sales at KNH*2
Consolidated 20.0
+0.5
Spice / Seasoning /
Processed Food 12.8
+2.0
Health Food 2.4
-0.0
International Food 3.0
-0.0
Restaurant 3.6
+0.2
China: Sales increased but profit decreased. Adapted to changes in sales channels while reducing internal and external inventories to reasonable levels in household use business.
Gained restaurants as new customers by strengthening ability to make proposals in food service use business
Thailand: Both sales and profit increased. Sales of core product C-vitt recovered. Strengthened product measures in 2H
Restaurant Business [Increases in sales and profit]
Other Food Related Business
1.2
-0.7
Adjustment (elimination)
-3.1
-0.9
Achieved profit growth by offsetting higher costs with price revisions at domestic stores and measures to create demand
Other Food Related Business [Decreases in sales and profit]
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Sales and profit fell sharply due to struggling sales in prepared food business and increase in labor expenses
operating profit ratio
*1: House Foods America Corporation *2: Keystone Natural Holdings, LLC
Copyright (c) House Foods Group Inc. All rights reserved.