Ahjikan Co.,Ltd.
2907・Standard Market・Foods
Food Products for Commercial Use, etc.
Ajikan's core segment. Manufactures and sells food products for the prepared food and food service markets, accounting for approximately 91% of consolidated net sales.
| Period | Current | Previous | Change |
|---|---|---|---|
| External customer net sales (full year, FY2026 (ending March 2026)) | ¥46,960 million | ¥47,000 million | ↓ |
| Segment profit (full year, FY2026 (ending March 2026)) | ¥2,564 million | ¥3,652 million | ↓ |
| Segment assets (end of FY2026 (ending March 2026)) | ¥19,030 million | ¥17,279 million | ↑ |
| Depreciation (full year, FY2026 (ending March 2026)) | ¥945 million | ¥849 million | ↑ |
| Increase in tangible and intangible fixed assets (full year, FY2026 (ending March 2026)) | ¥934 million | ¥970 million | ↓ |
Business Details
A food products for commercial use business that manufactures Tamagoyaki Products, Seasoned Kanpyo & Shiitake Products, Kamaboko Products (Crab-Flavored Kamaboko & Other Surimi Products), processed vegetable products, and other items, with supermarkets, convenience stores, and restaurant chains as primary customers. In addition to domestic sales, the segment also conducts overseas exports to North America, Hong Kong, Oceania, Singapore, and other regions. Its strengths lie in a direct manufacturing-and-sales model and cold chain system.
Recent Overview
Soaring egg prices and declining makizushi demand hit the segment directly; net sales declined slightly while profit fell sharply, down 29.8% year on year.
External customer net sales in FY2026 (ending March 2026) were ¥46,960 million (down 0.1% year on year), only a slight decline, but the manufacturing cost ratio rose sharply due to unprecedentedly high prices for eggs, the primary raw material, combined with rising labor and logistics costs. Although price revisions implemented in April 2025 and February 2026 had a certain positive effect on sales, domestic net sales fell below the previous fiscal year. Overseas exports exceeded the prior year on the back of increased demand for egg products in Oceania, Singapore, Hong Kong, and other regions. Segment profit fell sharply to ¥2,564 million (down 29.8% year on year).
Key Products
Growth Drivers
- Recovery of domestic sales through strengthened sales channel expansion into new business formats such as business hotels
- Expansion of egg product exports to Oceania, Singapore, Hong Kong, and other regions (continued demand growth)
- Support for overseas sales through expanded sales into US states not subject to California's animal welfare law (Prop. 12) restrictions
- Continued revenue-increasing effect of price revisions implemented in April 2025 and February 2026
- Recovery of demand for egg products through promotion of menu proposal activities for restaurant chains (e.g., "egg toppings for rice bowls," "kit products")
- Strengthened demand-creation-oriented sales and development structure through the establishment of a new Marketing Department
Risks
- Sharp increase in manufacturing cost ratio due to soaring prices of chicken eggs, the primary raw material (effects of avian influenza, etc.)
- Decreased demand for egg products, processed vegetable products, and surimi products due to declining makizushi demand amid rising prices of rice and nori seaweed
- Declining demand in the rice-based food market, centered on supermarkets and convenience stores
- North American distribution restrictions on egg-based Tamagoyaki products under California's animal welfare law (Prop. 12)
- Increased selling expenses due to rising labor costs and logistics costs
- Continued difficulty passing on cost increases to prices amid strengthening consumer thrift and selective spending
Last updated: June 23, 2026