Oisix FY2026 Net Profit Up 24% to ¥4.5bn; Pays First Dividend as Profit Outpaces Sales

Oisix ra daichi Inc. (TSE: 3182) — operator of the "Oisix," "Radish Boya" and "Daichi-wo-Mamoru-Kai" organic-food and meal-kit subscription services, plus the U.S. "Purple Carrot" brand — reported full-year results on May 14, 2026 for the fiscal year ended March 2026. Revenue edged down 1.8% to ¥251,419 million, but operating profit rose 6.9% to ¥7,339 million, ordinary profit gained 4.3% to ¥6,840 million, and net profit attributable to owners jumped 24.4% to ¥4,527 million, lifting EPS to ¥130.34 from ¥103.13. EBITDA was ¥12,914 million.

Profit grows as the Shidax stake is restructured

The slight revenue decline reflects the deconsolidation of Shidax — Oisix removed eight companies from its scope (including Shidax Holdings) while newly consolidating two food-service entities — yet profitability improved on the core subscription business and cost discipline, with return on equity rising to 15.7%. Operating cash flow rose to ¥9,284 million.

First dividend and steady guidance

Total assets stood at ¥108,137 million with net assets of ¥29,069 million (a 25.3% equity ratio) and book value per share of ¥786.67. Reflecting its move to a stable profit base, Oisix paid its first-ever dividend of ¥20.00 per share (¥8 interim + ¥12 year-end) and plans to raise it to ¥26.00 for FY2027.

For the year ending March 2027 the company guided revenue of ¥252,000 million (+0.2%), EBITDA of ¥13,400 million (+3.8%), operating profit of ¥8,700 million (+18.5%) and net profit of ¥4,600 million (+1.6%), equivalent to EPS of ¥132.44.

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