HIDAY HIDAKA, First Half Ordinary Profit Increases by 30%, Current Fiscal Year Dividend Revised Upward by 2 Yen

HIDAY HIDAKA Corp. <7611> [TSE Prime] announced its financial results in the afternoon session on October 6th (15:00). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending February 2026 (March to August) expanded 3.68 billion yen, an increase 30.3% compared to the same period last year, exceeded the previous forecast of 3.20 billion yen.

Progress toward the full-year plan of 6.00 billion yen was 61.3%, also surpassing the five-year average of 56.7%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the September to February period (second half) is expected to decrease 18.0% from the same period last year to 2.32 billion yen.

At the same time, the company has increased its planned annual dividend for the current fiscal year from the original plan of 44 yen to 46 yen (compared to 44 yen in the previous period).

In the most recent three-month period, from June to August (2Q), the ordinary profit increased 35.6% from the same period last year, reaching 1.81 billion yen. The operating profit margin improved from 9.7% in the same period last year to 11.6%.

Kabutan News