Warabeya Nichiyo exceeds expectations, announces leadership changes

Warabeya Nichiyo Holdings (TSE:2918) today announced that its full-year earnings for the fiscal year ended February 28, 2025, exceeded previous forecasts, primarily due to strong performance in its food production business. While net sales slightly missed the mark at JPY 222,467 million compared to the projected JPY 222,500 million, operating profit (JPY 4,515 million), ordinary profit (JPY 4,898 million) and profit attributable to owners of the parent (JPY 2,679 million or JPY 153.41 per share) all surpassed expectations.