Ito En's first quarter of the fiscal year ending April 2027 saw revenue of 135.1 billion yen, up 3.3% year on year, and operating profit of 10.2 billion yen, up 22.0%. Ordinary profit came to 10.1 billion yen, up 13.4%, while quarterly net profit attributable to owners of the parent was 6.5 billion yen, up 14.8%. According to the company, sales held firm on the back of the effect of price revisions carried out in Japan and overseas, while restrained promotional spending and lower depreciation costs following the impairment of its vending machine business in the previous fiscal year pushed up profit. First-quarter depreciation was 1.6 billion yen, down from 2.2 billion yen a year earlier. The company left its full-year forecast for the fiscal year ending April 2027 unchanged at 20 billion yen in operating profit, down 7.8% from the previous year, meaning the first-quarter figure of 10.2 billion yen represents 51.0% progress toward the full-year forecast. ROE for the fiscal year ended April 2026 was 2.0%, far below the industry median of 6.7% for 97 food companies, a result of an impairment loss of 14.8 billion yen that cut net profit to 3.4 billion yen, down 75.5%.
ITO EN,Ltd.Q1 operating profit rose 22% to 10.2 billion yen on firm sales and lower costs, beating prior-year results.
