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HIRAKAWA HEWTECH, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 29%, Highest in Three Terms

Fri Oct 31, 2025 3:30 pm JST Earnings

5821 HIRAKAWA HEWTECH CORP. 【J-GAAP】

Earnings Report

HIRAKAWA HEWTECH CORP. <5821> [TSE Prime] announced its financial results after the market closed on October 31st (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 2.03 billion yen, an increase 55.4% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 29.0%, from the previous forecast of 3.10 billion yen to 4.00 billion yen (compared to 2.55 billion yen in the previous period), increasing the growth rate from 21.2% to 56.4%, reaches new record high for the first time in three terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to expand 57.5% from the same period last year, reaching 1.96 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged 4.1 times that of the same period last year, reaching 1.37 billion yen. The operating profit margin drastically improved from 7.9% in the same period last year to 13.6%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 14,260 772 1,106 677 48.2 53.1 Nov 2, 2023 J-GAAP
Apr - Sep, 2024 16,020 1,251 1,307 1,005 71.6 51.1 Nov 1, 2024 J-GAAP
Apr - Sep, 2025 18,091 2,124 2,031 1,805 122.4 50.8 Oct 31, 2025 J-GAAP
YoY +12.9% +69.8% +55.4% +79.6% +70.9%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance ー ー ー ー － 23 May 9, 2025 J-GAAP
Apr - Sep, 2025 Results 18,091 2,124 2,031 1,805 122.4 23 Oct 31, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 35,000 3,000 3,100 2,700 182.4 47 Jul 31, 2025 J-GAAP
Mar, 2026 New 36,500 4,000 4,000 3,300 222.9 47 Oct 31, 2025 J-GAAP
Revision Rate +4.3% +33.3% +29.0% +22.2% +22.2%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 14,782 1,016 1,250 1,021 69.2 23 May 9, 2025 J-GAAP
Oct - Mar, 2025 Guidance 18,409 1,876 1,969 1,495 101.0 24 Oct 31, 2025 J-GAAP
YoY +24.5% +84.6% +57.5% +46.4% +45.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 29,326 1,667 2,081 1,444 102.8 36 May 9, 2024 J-GAAP
Mar, 2025 30,802 2,267 2,557 2,026 137.4 45 May 9, 2025 J-GAAP
Mar, 2026 Guidance 36,500 4,000 4,000 3,300 222.9 47 Oct 31, 2025 J-GAAP
YoY +18.5% +76.4% +56.4% +62.9% +62.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 7,892 622 335 284 20.2 7.9 Nov 1, 2024 J-GAAP
Oct - Dec, 2024 7,450 381 872 584 41.6 5.1 Feb 4, 2025 J-GAAP
Jan - Mar, 2025 7,332 635 378 437 29.6 8.7 May 9, 2025 J-GAAP
Apr - Jun, 2025 8,147 773 653 946 64.2 9.5 Jul 31, 2025 J-GAAP
Jul - Sep, 2025 9,944 1,351 1,378 859 58.2 13.6 Oct 31, 2025 J-GAAP
YoY +26.0% +117.2% +311.3% +202.5% +187.9%

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