Hokuto : Consolidated Financial Results for the Year Ended March 31, 2023

HOKUTO Corporation

Consolidated Financial Results for the Year Ended March 31, 2023

May, 2023

Contents

1. The financial report for the Year Ended March 31, 2023
2. Forecast of consolidated financial results for the Year Ending March 31, 2024
3. Recent Activities
4. Reference material

2

Outline of consolidated reports for the year ended of FY March 2023

◆Consolidated			(Millions of yen)
		Year ended	Year ended
		Mar. 31,	Mar. 31,	YoY
		2023	2022
Net sales		72,980	70,932	102.9%
Operating profit		△2,948	2,014	－
Profit attributable to		△2,037	2,530	－
owners of parent

◆Individual	(Millions of yen)
Year ended	Year ended
Mar. 31,	Mar. 31,	YoY
2023	2022
49,796	49,090	101.4%
△3,295		1,117	－
△2,811		1,595	－

Operating profit was below the last year's level due to increased manufacturing costs influenced by the crude oil cost hike and other factors despite increased sales owing to Mie Mushroom Center being in full production.

◆By Segment

(Millions of yen)

	Mushroom	Mushroom	Processed	Chemical products
	business outside
	business in Japan	products business	business
	Japan
	Year ended	YoY	Year ended	YoY	Year ended	YoY	Year ended	YoY
	Mar. 31, 2023	Mar. 31, 2023	Mar. 31, 2023	Mar. 31, 2023
Net sales	47,060	101.7%	6,530	102.9%	7,948	102.8%	11,439	108.3%
Operating	△1,619	－	153	23.9%	275	81.1%	145	132.5%
profit
								3

Consolidated Account at the year ended in FY March 2023 (cf. previous year)

				(Millions of yen)
	Year ended	Year ended	YoYchange	YoY
	Mar. 31, 2022	Mar. 31, 2023

Net sales	70,932	72,980	2,047	102.9%
Gross profit	17,392	12,967	△4,424	74.6%
Gross profit margin	24.5%	17.8%
Selling, general and	15,377	15,915	537	103.5%
administrative expenses
Operating profit	2,014	△2,948	△4,962	－
Operating profit margin	2.8%	△4.0%
Ordinary profit	3,658	△1,854	△5,513	－
Ordinary profit margin	5.2%	△2.5%
Profit attributable to	2,530	△2,037	△4,567	－
owners of parent
Net profit margin	3.6%	△2.8%
Earnings per share	80.26	△64.43

4

Changes in mushroom production

（ｔ）

100,000

95,000

90,000

85,000

80,000

75,000

70,000

65,000

60,000

55,000

50,000

45,000

40,000

35,000

30,000

25,000

20,000

15,000

10,000

5,000

0

86,044	90,236	91,123
	2,057	1,905
2,006	3,467	3,447
	3,462
	16,463	16,898
14,347
19,129	18,902	19,211

47,097	49,345	49,661

Previous fiscal year

Nex experience

Net plan

Bunashimeji(Bunapi including) Eryngii Maitake Shimofuri hiratake

Fresh Donko

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