ROKKO BUTTER CO., LTD.
2266・Prime Market・Foods
Cheese
Rokko Butter's core business. The cheese manufacturing and sales segment accounts for approximately 77% of consolidated revenue.
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment Revenue | ¥9,822 million (Q1 FY2026 (ending March 2027), cumulative) | ¥42,102 million (full year FY2025 (ending March 2026)) | — |
| Segment Operating Profit | ¥222 million (Q1 FY2026 (ending March 2027), cumulative) | ¥1,464 million (full year FY2025 (ending March 2026)) | — |
| Segment Operating Margin | 2.3% (Q1 FY2026 (ending March 2027), cumulative) | 3.5% (full year FY2025 (ending March 2026)) | ↓ |
| Share of Consolidated Revenue | Approx. 77.1% (Q1 FY2026 (ending March 2027), cumulative) | Approx. 97.2% (full year FY2025 (ending March 2026), former non-consolidated basis) | ↓ |
Business Details
The core business is the manufacture and sale of cheese, with the majority manufactured and sold in-house by Rokko Butter Co., Ltd. A portion of production is outsourced to external processors, including Dairy Products Solution Co., Ltd., with the company handling sales. The primary sales channel is Nippon Access, Inc., and the business is centered on the domestic market. In Q1 FY2026 (ending March 2027) (January to March 2026), an increase in cheese product sales drove revenue growth.
Recent Overview
Revenue and profitability increased due to higher cheese product sales and the effect of the prior period's price revisions.
In Q1 FY2026 (ending March 2027) (January to March 2026), the Cheese segment recorded revenue of ¥9,822 million and segment profit of ¥222 million. The increase in revenue was mainly driven by higher sales of cheese products. Amid continued increases in raw material prices, profitability improved due to the effect of the cheese product price revisions implemented in the previous consolidated fiscal year. Note that as consolidated financial statements have only been prepared since Q4 FY2025 (ending March 2026), comparative figures for the same quarter of the prior year are not disclosed.
Key Products
Growth Drivers
- Continued effect of unit price increases and profitability improvement from the cheese product price revisions implemented in the previous consolidated fiscal year
- Expansion of sales volume through demand-stimulating measures for cheese products
- Business growth strategy and enhanced promotion under the 'Medium-Term Management Plan 2027'
- Recovery trend in consumption driven by steady inbound demand and improving employment and income conditions
- Improved production efficiency through stable operation of all production lines
Risks
- Rising trend in raw material (dairy) prices reflecting international supply-demand conditions for dairy products
- Risk of declining demand due to increasing consumer frugality
- Risk of increased raw material costs due to rising oil prices and inflation amid a prolonged conflict in the Middle East
- Risk of increased imported raw material costs due to unstable exchange rate fluctuations
- Risk of revenue concentration on a major customer (Nippon Access, Inc.), accounting for approximately 50% of Cheese segment revenue
Last updated: March 25, 2026