Feed One Co.,Ltd. reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was JPY 79,782 million compared to JPY 67,131 million a year ago. Net income was JPY 921 million compared to net loss of JPY 984 million a year ago.

Basic earnings per share from continuing operations was JPY 24.12 compared to basic loss per share from continuing operations of JPY 25.8 a year ago.