San-A reports modest revenue growth, profit decline in first half

San-A Co., Ltd. announced consolidated operating results for the first half of the fiscal year ending February 28, 2026, showing operating revenue increased by 1.3% to JPY 122,216 million compared to the previous year. However, operating profit decreased by 5.1% to JPY 8,706 million, ordinary profit fell by 3.5% to JPY 9,106 million, and profit attributable to owners of parent declined by 1.0% to JPY 5,874 million. Basic earnings per share were JPY 94.99.

Total assets grew to JPY 211,767 million as of August 31, 2025, from JPY 191,224 million at the end of February 2025, while net assets increased to JPY 155,608 million from JPY 154,546 million over the same period. The equity-to-asset ratio decreased from 78.7% to 71.6%.

For the full fiscal year ending February 28, 2026, San-A forecasts operating revenue of JPY 247,876 million, operating profit of JPY 17,227 million, ordinary profit of JPY 17,796 million, and profit attributable to owners of parent of JPY 11,005 million, resulting in basic earnings per share of JPY 177.98. The company also announced a projected year-end dividend of JPY 100.00 per share for the fiscal year ending February 2026, an increase from JPY 80.00 in the prior year.