House Foods Group posts solid first half, eyes full year growth

House Foods Group Inc. reported an increase in net sales to JPY 153,602 million for the first half of FY2025, alongside an operating profit of JPY 5,868 million. Profit attributable to owners of parent reached JPY 5,601 million, with diluted earnings per share at JPY 60.02. The company maintains an optimistic full-year forecast, projecting JPY 321,500 million in net sales and JPY 19,000 million in operating profit.

The company's EBITDA for the first half stood at JPY 12,597 million, contributing to a projected full-year EBITDA of JPY 32,500 million. Total assets for the period were JPY 424,060 million, with net assets at JPY 318,364 million. The equity ratio remained strong at 68.2%. The dividend per share for FY2025 first half was JPY 24, with a projected full-year dividend of JPY 48, reflecting a total payout ratio of 40.0% for the full year.

Geographically, Japan remains the largest contributor to net sales with JPY 115,058 million, followed by East Asia at JPY 11,323 million and North America at JPY 18,549 million in the first half of FY2025. Capital investment for first half FY2025 was JPY 6,332 million, contributing to a projected full-year capital investment of JPY 18,500 million.