In March 2026, Maruha Nichiro will be renamed Umios

Maruha Nichiro Reports Strong First Quarter Results, Maintains Full-Year Forecast

JAPAN
Monday, August 11, 2025, 00:10 (GMT + 9)

Maruha Nichiro Corporation Reports Increased Revenue and Profitability for First Three Months of Fiscal Year

TOKYO — Maruha Nichiro Corporation, a global seafood company, has announced its consolidated financial results for the first quarter of the fiscal year ending March 31, 2026. Based on an exchange rate of ¥1 = $0.0068, the company reported an increase in net sales and operating income for the period from April 1 to June 30, 2025.

For the first quarter, Maruha Nichiro's net sales grew by 2.6% year-on-year to approximately $1.79 billion, up from $1.75 billion in the same period last year. Operating income also saw a significant increase of 23.1%, rising to approximately $64.11 million from $52.07 million in the previous year's first quarter. However, ordinary income decreased by 5.3% to approximately $63.53 million.

The company's profit attributable to owners of the parent was approximately $44.19 million, a slight decrease of 0.6% compared to the $44.47 million reported in the first quarter of the fiscal year ended March 2025. Basic earnings per share were approximately $0.88, a small decline from the $0.88 recorded in the previous year's first quarter.

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Looking at the financial position, Maruha Nichiro's total assets as of June 30, 2025, were approximately $4.86 billion, an increase from $4.63 billion on March 31, 2025. The company's equity-to-asset ratio stood at 31.7% at the end of the quarter, a decrease from 33.7% at the end of the previous fiscal year.

The company has not revised its dividend forecast for the current fiscal year. The forecast for the full year remains at a total dividend of approximately $0.75 per share, which includes an interim dividend of $0.34 and a year-end dividend of $0.41.

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Maruha Nichiro has also maintained its forecast for the full fiscal year ending March 31, 2026, with no revisions to the forecast. The full-year forecast includes:

• Net sales: approximately $7.34 billion (a 0.1% increase year-on-year).

• Operating income: approximately $204 million (a 1.3% decrease year-on-year).

• Ordinary income: approximately $197 million (a 10.1% decrease year-on-year).

• Profit attributable to owners of parent: approximately $119 million (a 24.8% decrease year-on-year).

• Basic earnings per share: approximately $2.36.

editorial@seafood.media
www.seafood.media

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