NH Foods lifts full-year forecast on strong meat and ballpark sales

NH Foods Ltd. has upwardly revised its consolidated business forecast for the full-year period ending March 31, 2026. The company now expects net sales of JPY1,430,000 million, up 2.1% from the previous forecast of JPY1,400,000 million. Business profit is projected to reach JPY59,000 million, an increase of 9.3% from JPY54,000 million, driven by higher unit prices for domestic chicken and strong Australian beef sales in the Fresh Meats Business, as well as increased production volumes.

Profit before tax is anticipated to be JPY50,000 million, up 11.1%, and profit attributable to owners of the parent is expected to be JPY34,000 million, a 13.3% increase from the prior forecast. Basic earnings per share are now projected at JPY349.40. These adjustments reflect recent trends, including increased production amid rising demand for Australian beef and favorable market prices for domestically produced chicken.

The company also reported the acquisition of 752,500 shares of its common stock for a total of JPY4,365,151,800 between October 1 and October 31, 2025. This brings the cumulative shares acquired under the board of directors' resolution of May 9, 2025, to 2,425,800 shares at a total cost of JPY13,472,065,600.