Rock Field's FY25 profits plunge; new plan targets growth

Rock Field Co., Ltd. (TSE:2910) reported a significant decrease in consolidated net sales and profits for the fiscal year ended April 30, 2025, with a CY329 million profit attributable to owners of the parent, a 73.7% decrease year-over-year. In response, the company has announced a new three-year medium-term management plan starting from fiscal year ending April 2026. The new plan sets ambitious targets for fiscal year 2028, including net sales of CY56.9 billion and operating profit of CY2.8 billion. To achieve these goals, Rock Field will focus on three strategic themes: improving the profitability of existing businesses, expanding into new market areas (including frozen foods and overseas markets such as Shanghai), and promoting the success of its employees. The plan includes increasing new stores, brand recognition, product development, and operational efficiency. It also focuses on a more stable dividend policy and optimized capital structure.