KK Belc

Latest Results (13.06.2024):

Q1 2023 Revenue

KK Belc reported a net sales figure of 225,000 million yen for the fiscal year ending March 31, 2023. This figure reflects the company's efforts to navigate through a challenging economic environment marked by the COVID-19 pandemic and its impacts on the food industry, particularly affecting demand from the restaurant sector and convenience stores in urban areas.

Q1 2023 Operating Profit

For the fiscal year ending March 31, 2023, KK Belc achieved an operating profit of 1,500 million yen, with an operating profit margin of 0.7%. These results indicate a slow recovery, influenced by the gradual lifting of emergency measures and progress in vaccination, which are expected to slowly revive the demand for commercial food products.

Financial Outlook 2025

Looking ahead, KK Belc has set ambitious targets for the fiscal year ending March 31, 2025, under its revised 3-Year Medium-Term Management Plan. The company aims to reach consolidated net sales of 240,000 million yen, with an operating profit margin of 1.3% and an operating profit of 3,000 million yen, reflecting a strategic focus on recovery and growth post-pandemic.

Impact of COVID-19

The ongoing COVID-19 pandemic continues to pose significant challenges for KK Belc, with substantial impacts on operations and market stability. The company acknowledges the difficulty in forecasting the pandemic's end and its economic consequences, which could lead to further revisions in their financial projections and strategic responses.

Strategic Initiatives

In response to the pandemic and evolving market conditions, KK Belc is committed to enhancing its management systems and operational resilience. The company is focused on ensuring the safety and health of its products, adapting to changes in consumer behavior, and managing risks related to supply chain disruptions and raw material price volatility.