FilingReader Intelligence

House Foods Group Q1 profit plunges 49% despite sales growth

July 31, 2025 at 05:40 AM UTCBy FilingReader AI

House Foods Group reported a 49.4% decline in net profit to 1.8bn yen for the first quarter ending June 30, despite net sales rising 1.3% to 75.7bn yen.

Operating profit fell 38.6% to 3.4bn yen, while ordinary profit dropped 36.0% to 3.7bn yen.

The company maintained its full-year forecast of 333bn yen in net sales and 13bn yen in net profit for the fiscal year ending March 2026.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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