Shoei Foods sees sales rise despite profit dip in nine months

Shoei Foods Corporation reported consolidated net sales of JPY 94,526 million for the nine months ended July 31, 2025, a 7.5% increase year-on-year from JPY 87,926 million. This growth was attributed to higher sales in dairy products, dried fruits, and confectionery, particularly in Japan. Overseas sales decreased due to the yen's strength.

Despite the sales growth, operating profit remained flat at JPY 4,218 million. Ordinary profit decreased by 2.4% to JPY 4,265 million, and profit attributable to owners of parent fell by 5.1% to JPY 2,605 million. The company noted an increase in gross profit from price optimization but faced higher selling, general, and administrative expenses due to digital transformation costs and personnel expenses.

As of July 31, 2025, total assets stood at JPY 92,378 million, an increase of JPY 2,472 million from the previous fiscal year-end. Total net assets rose to JPY 54,819 million. The company repurchased 280,000 treasury shares on June 16, 2025.