Yoshimura Food Holdings K.K.
2884・Prime Market・Foods
Manufacturing Business
Core segment of food and kitchen equipment manufacturing comprising 30 companies domestically and overseas
| Period | Current | Previous | Change |
|---|---|---|---|
| External Customer Net Sales (Cumulative First Quarter) | ¥11,153 million | ¥12,182 million | ↓ |
| Segment Profit (Cumulative First Quarter) | ¥498 million | ¥904 million | ↓ |
| Segment Profit Margin (Cumulative First Quarter) | 4.5% | 7.4% | ↓ |
| Depreciation Expense (Cumulative First Quarter) | ¥409 million | ¥373 million | ↑ |
| Goodwill Amortization (Cumulative First Quarter) | ¥206 million | ¥195 million | ↑ |
Business Details
Comprises 30 companies that manufacture food products and kitchen equipment, etc., in Japan and in Singapore/Malaysia. Domestically, it includes a group of non-scallop-related food manufacturers and scallop processing operations (Marukichi and YS Foods Group), while overseas it conducts food manufacturing and kitchen equipment businesses in Singapore and Malaysia. As the flagship segment accounting for approximately 80% of the Group's total net sales, in the first quarter of FY2027 (ending February 2027), overseas operations achieved increased revenue and profit due to the commencement of consolidation of EXAMAS JAYA SDN. BHD. and EQUIPMAX PTE. LTD., while decreased revenue and profit in the scallop-related business weighed down overall performance.
Recent Overview
Decreased revenue and profit in scallops weighed on results, partially offset by new overseas consolidations and sales recovery
In the first quarter of FY2027 (ending February 2027) (March to May 2026), the scallop-related business experienced decreased revenue and profit due to reduced catch volumes in Funka Bay and a delay in sales of frozen scallop adductor muscle, resulting in segment net sales of ¥11,153 million, down 8.4% year on year, and segment profit of ¥498 million, down 44.9% year on year. On the other hand, the new consolidation of EXAMAS JAYA SDN. BHD. and EQUIPMAX PTE. LTD., along with a recovery in sales to the food service and retail sectors in Singapore, contributed to increased revenue and profit in the overseas business, moderating the extent of the decline to a certain degree.
Key Products
Growth Drivers
- Continuous incorporation of new group companies through M&A (new consolidation of EXAMAS JAYA SDN. BHD., EQUIPMAX PTE. LTD., etc.)
- Increased revenue and profit in overseas operations driven by a recovery in sales to the food service, hotel, and retail sectors in Singapore and Malaysia
- Penetration of price revisions in the non-scallop-related domestic manufacturing business (expected profit improvement once the time lag is resolved)
- Support for productivity and sales channel expansion among subsidiary companies through the SME Support Platform
- Strengthening of sales capabilities through collaboration with Kokubu Group Corporation
Risks
- Risk of rising costs due to reduced catch volumes of scallops and other marine products (Funka Bay) and increased procurement prices
- Continuation of geopolitical risks such as China's ban on imports of Japanese marine products
- Pressure on profitability from sustained high levels of raw material, energy, and logistics costs
- Increased cost of imported raw materials due to exchange rate fluctuations (yen depreciation trend)
- Changes in the competitive environment and soaring raw material prices in overseas markets such as Singapore
- Temporary decline in profit margin due to the time lag between price revisions and cost increases
Last updated: May 28, 2026