DAISHO CO.,LTD.
2816・Standard Market・Foods
Food business (single segment)
A single-segment food company that manufactures and sells compound seasonings such as sauces and soups
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (full-year actual) | ¥26,241 million | — | ↑ |
| Operating profit (full-year actual) | ¥656 million | — | ↓ |
| Ordinary profit (full-year actual) | ¥673 million | — | ↓ |
| Equity ratio (end of Q3) | 43.7% | 52.4% | ↓ |
| Depreciation (cumulative Q3) | ¥712 million | ¥499 million | ↑ |
Business Details
Daisho Co., Ltd. is a compound seasoning manufacturer that develops three product groups: liquid seasonings (yakiniku sauce, hot pot soup, etc.), powdered seasonings (flavored salt and pepper, etc.), and other seasonings (soup with glass noodles, etc.). It sells through both retail and commercial-use channels, with domestic sales accounting for over 90% of the total. Under its corporate philosophy of "Creating happiness through deliciousness," the company pursues the provision of enjoyment at the dining table through the development of supervised collaboration products and high-value-added products.
Recent Overview
Cumulative Q3 net sales increased 3.8% year-on-year to ¥21,633 million, though profit declined slightly
Net sales for the cumulative nine months of FY2026 (ending March 2026) (April to December 2025) were ¥21,633 million (103.8% year-on-year). Collaboration products such as "Otoko Ume Mentsuyu" and "Ryuji's Ultimate Kimchi Hot Pot Soup" (supervised by food researcher Ryuji), as well as enhanced TV commercials for "Yakiniku no Tare" products, contributed to results. Operating profit increased to ¥1,318 million (101.0% year-on-year), but due to increased interest expenses (from ¥19 million to ¥42 million) associated with new short-term borrowings of ¥3,100 million, ordinary profit declined slightly to ¥1,302 million (98.0% year-on-year), and quarterly net profit decreased slightly to ¥882 million (98.5% year-on-year). The full-year earnings forecast (net sales of ¥27,500 million, operating profit of ¥600 million) remains unchanged.
Key Products
Growth Drivers
- Creation of new demand through supervised and collaboration products (hot pot soup supervised by famous restaurants, tie-ins with popular YouTubers and dramas, etc.)
- Promotional effect from enhanced TV commercial deployment for "Yakiniku no Tare" products
- Expansion of sales channels for commercial-use products (oil-based sauces, sauces for prepared foods), mainly targeting the meat retail sector
- Increased production capacity centered on hot pot soup through expansion of the Kanto plant (medium-term management plan)
- Concentration of management resources in major domestic metropolitan areas and expansion into overseas markets under the new medium-term management plan "Challenge 2028"
Risks
- Continued pressure from rising manufacturing costs due to higher raw material prices, labor costs, and logistics costs (full-year operating profit forecast down 8.6% year-on-year)
- Difficulty securing sales volume amid intensifying consumer thrift consciousness
- Seasonal demand shifts for hot pot soup products due to temperature fluctuations (e.g., prolonged late-summer heat)
- Increased interest expenses and decline in equity ratio (from 52.4% to 43.7%) due to new short-term borrowings of ¥3,100 million
- Uncertainty in the external environment due to geopolitical risk, exchange rate fluctuations, and U.S. trade policy trends
Last updated: June 23, 2026