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HANWA, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 16%, Oct-Dec Ordinary Profit Decreases by 16%
8078 HANWA CO.,LTD. 【J-GAAP】
Earnings ReportHANWA CO.,LTD. <8078> [TSE Prime] announced its financial results in the afternoon session on February 6th (13:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 15.7% from the same period last year to 36.4 billion yen. Progress toward the full-year plan of 55.0 billion yen was 66.3%, also falling below the five-year average of 80.3%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to grow 12.2% from the same period last year, reaching 18.5 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 12.5 billion yen, a 16.5% decrease compared to the same period last year. The operating profit margin worsened from 2.8% in the same period last year to 2.0%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 1,826,628 | 42,467 | 42,932 | 30,761 | 756.7 | 88.9 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 1,919,583 | 47,394 | 43,205 | 31,794 | 786.8 | 72.3 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 1,965,480 | 41,472 | 36,438 | 25,669 | 644.3 | 66.3 | Feb 6, 2026 | J-GAAP |
| YoY | +2.4% | -12.5% | -15.7% | -19.3% | -18.1% |
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 | 1,295,841 | 32,651 | 31,609 | 25,270 | 625.4 | 120 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 1,320,859 | 27,283 | 31,144 | 23,266 | 595.2 | 125 | Nov 7, 2025 | J-GAAP |
| YoY | +1.9% | -16.4% | -1.5% | -7.9% | -4.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 2,431,980 | 49,722 | 48,276 | 38,417 | 944.9 | 185 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 2,554,514 | 61,532 | 59,746 | 45,482 | 1,125.7 | 225 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 2,600,000 | 55,000 | 55,000 | 40,000 | 1,023.2 | 250 | May 9, 2025 | J-GAAP |
| YoY | +1.8% | -10.6% | -7.9% | -12.1% | -9.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 660,910 | 18,513 | 15,068 | 11,582 | 286.6 | 2.8 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 634,931 | 14,138 | 16,541 | 13,688 | 338.8 | 2.2 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 639,865 | 14,591 | 14,024 | 9,980 | 247.9 | 2.3 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 639,276 | 13,126 | 9,832 | 6,754 | 168.7 | 2.1 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 686,339 | 13,755 | 12,582 | 8,935 | 224.3 | 2.0 | Feb 6, 2026 | J-GAAP |
| YoY | +3.8% | -25.7% | -16.5% | -22.9% | -21.7% |
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