日和産業㈱ 平成31年３月期 第１四半期決算短信

This document is the first quarter financial results report for Hiyori Sangyo Co., Ltd. for the fiscal year ending March 31, 2019. The domestic economy shows improvement in corporate earnings and employment conditions, but concerns over trade friction due to U.S. protectionist policies persist. In the compound feed industry, prices of key raw materials have surged, prompting the company to raise prices. However, sales decreased by 0.3% year-on-year to 10.127 billion yen, and operating profit fell by 16.9% to 220 million yen. The financial position is stable, with total assets of 28.487 billion yen, total liabilities of 11.096 billion yen, and total net assets of 17.390 billion yen. There are no changes to the future earnings forecast.