ENVALITH
ユアサ・フナショク株式会社 logo

YUASA FUNASHOKU CO., LTD

8006Standard MarketWholesale Trade

ユアサ・フナショク株式会社 logo
YUASA FUNASHOKU CO., LTD8006

Trading Business Segment

The company's largest segment, centered on food and ingredient wholesale

PeriodCurrentPreviousChange
Net Sales¥122,419 million¥119,373 million
Segment Profit¥1,907 million¥2,011 million
Segment Assets¥29,025 million¥30,798 million
Depreciation¥136 million¥142 million
Increase in Property, Plant & Equipment and Intangible Assets¥44 million¥2,938 million

Business Details

The core business of the Group. It operates a full-line food wholesale system covering processed foods, alcoholic beverages, chilled products, commercial-use products, feed, livestock, and rice. In addition to the company itself handling rice procurement/sales and the purchase/sale of various foods, a multi-layered wholesale network has been built in which Yuasa Funashoku Liquor Co., Ltd., Y.F. Sekiyu Co., Ltd., New Nozawa Foods Co., Ltd., Taiyo Shoji Co., Ltd., Tokyo Taiyo Co., Ltd., YK Foods Co., Ltd., and affiliate Nihon Chikusan Shinko Co., Ltd. purchase from the company and sell onward. This is the flagship segment, accounting for approximately 97% of the Group's total sales.

Recent Overview

Rice saw a sharp increase in sales, but an inventory valuation loss of ¥497 million caused segment profit to decline

In FY2026 (ending March 2026), Trading Business Segment sales reached ¥122,419 million, up 2.6% year on year, securing an increase in sales. The rice category drove the substantial increase, rising to 135.7% of the prior-year period on higher unit selling prices, while commercial-use products also increased to 103.7%. On the other hand, food (alcoholic beverages and chilled products) and feed saw decreased sales. As the net realizable value of rice inventory declined significantly below acquisition cost as of period-end, an inventory valuation loss of ¥497 million was recorded, increasing cost of sales and resulting in segment profit of ¥1,907 million, down 5.2% year on year.

Key Products

service
Food Wholesale (including processed foods, alcoholic beverages, chilled products, and sugar)

While processed foods and confectionery remained roughly level with the prior year, alcoholic beverages and frozen/chilled products were weak, resulting in a decrease in sales to ¥73,534 million for the period (99.1% of the prior-year period).

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Commercial-Use Products Wholesale

Although fuel sales volume declined, sales increased on higher flour and starch sales volumes, higher unit selling prices for fats and oils, and steady performance in commercial-use ingredients. Sales for the period rose to ¥21,326 million (103.7% of the prior-year period).

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Rice Wholesale

Although sales volumes of both milled rice and unmilled rice declined, unit prices rose for both, resulting in a substantial increase in sales for the period to ¥13,288 million (135.7% of the prior-year period). However, since the net realizable value of rice inventory declined significantly below acquisition cost as of period-end, an inventory valuation loss of ¥497 million was recorded, increasing cost of sales.

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Feed & Livestock Wholesale

In feed, sales volume to poultry producers declined and unit prices also fell, resulting in a decrease in sales. In livestock, although unit prices for carcass and dressed meat declined, sales volume of finished hogs increased, leading to higher sales in that category. Overall sales for the period decreased to ¥14,270 million (96.6% of the prior-year period).

Growth Drivers

  • Rise in unit selling prices in the rice category (unit prices increased for both milled rice and unmilled rice)
  • Increase in sales of commercial-use products driven by higher flour and starch sales volumes and higher unit selling prices for fats and oils
  • Expansion of the customer base through new transaction acquisition and proposals of new products
  • Promotion of low-cost operations through logistics efficiency improvements
  • Increase in finished hog sales volume in the livestock business

Risks

  • Sluggish food demand due to continued consumer thrift orientation
  • Intensifying inter-company competition and rising logistics costs
  • Risk of recording inventory valuation losses due to declines in the net realizable value of rice (¥497 million recorded in the current period)
  • Decline in sales volume and unit prices for poultry-directed sales in the feed category
  • Profit pressure from soaring raw material, transportation, and labor costs
  • Structural contraction of the domestic food market due to the declining birthrate, aging population, and population decrease

Last updated: June 25, 2026