Yamatane Corp raises full-year forecast, boosted by M&A and strong rice sales

Yamatane Corporation announced on November 7, 2025, a revision to its consolidated financial forecast for the full fiscal year ending March 31, 2026. The company now expects net sales of JPY 93,770 million, up 5.5% from the previously announced JPY 88,870 million. Operating profit is projected to reach JPY 5,710 million (up 3.4%), and profit attributable to owners of parent is forecast at JPY 4,940 million (up 1.4%), leading to basic earnings per share of JPY 226.01. The revision primarily attributes to the impact of M&A during the second quarter and higher-than-expected selling prices for rice in the food sector.

The robust performance includes increased profitability in the rice wholesale business due to tight supply and demand for 2024 rice and strong performance from milling rice stockpile contracts. While ordinary profit is slightly lower than the previous forecast, mainly due to syndicated loan fees, the sale of investment securities is expected to boost profit attributable to owners of parent.

The company's second-quarter consolidated results (six months ended September 30, 2025) reported net sales of JPY 43,176 million, operating profit of JPY 3,736 million, and profit attributable to owners of parent of JPY 2,555 million. Yamatane also completed two strategic acquisitions: Yamatane Document Management Co., Ltd. and KYOKUTO CO.,LTD. (archive business), and Agricultural Best Partner Co., Ltd. and Shinriki Co., Ltd. (rice and grain wholesale). Additionally, the company implemented a two-for-one stock split on June 1, 2025, and announced a second-quarter dividend of JPY 35.00 per share, with a full-year forecast of JPY 72.50.