Nichirei publishes transcript of FY2026 Q1 financial results conference call Q&A session

• Nichirei published a transcript of its FY2026 Q1 financial results conference-call Q&A held Aug. 7, 2026, attended by the CEO, CFO, IR head.
• Management cut the operating profit outlook, citing overseas shocks: weaker Thai by-product markets, FX swings, shifts in exports to China.
• Domestic foods weakness stayed within expectations, with lower volume in some categories, higher costs, temporary chicken-line stoppages for commercial products.
• “Execution risk” flagged due to an irregular fiscal period that limits time for price revisions, promotions to flow through, amid uncertain consumption.
• Thailand turnaround targets higher-margin channels, pet-food or processed-ingredient uses for by-products; FX headwinds seen easing; medium-term plan targets unchanged.

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