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Hayashikane Sangyo, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 45%, Exceeds Full-Year Plan
2286 Hayashikane Sangyo Co., Ltd. 【J-GAAP】
Earnings ReportHayashikane Sangyo Co., Ltd. <2286> [TSE Std] announced its financial results after the market closed on February 13th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 1.85 billion yen, an increase 45.2% compared to the same period last year. Progress toward the full-year plan of 1.15 billion yen is 161.0%, already exceeding the target and also exceeding the five-year average of 131.5%.
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/loss for the January to March period (4Q) is expected to turn into a loss of 0.70 billion yen (compared to a profit of 0.08 billion yen in the same period last year). However, if the fourth-quarter performance remains at the same level as the first three quarters, the full-year plan may be increased.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 0.88 billion yen, a 2.9% decrease compared to the same period last year. However, the operating profit margin improved from 5.5% in the same period last year to 6.1%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 37,632 | 1,184 | 1,388 | 1,075 | 122.9 | 152.0 | Feb 14, 2024 | J-GAAP |
| Apr - Dec, 2024 | 39,645 | 1,020 | 1,275 | 978 | 114.0 | 93.5 | Feb 14, 2025 | J-GAAP |
| Apr - Dec, 2025 | 35,619 | 1,596 | 1,851 | 1,347 | 161.7 | 161.0 | Feb 13, 2026 | J-GAAP |
| YoY | -10.2% | +56.5% | +45.2% | +37.7% | +41.8% |
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 | 24,590 | 879 | 996 | 814 | 95.2 | 25 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 25,631 | 163 | 181 | 65 | 8.0 | 15 | Nov 14, 2025 | J-GAAP |
| YoY | +4.2% | -81.5% | -81.8% | -92.0% | -91.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 47,376 | 698 | 913 | 749 | 85.9 | 15 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 49,267 | 1,076 | 1,363 | 1,055 | 123.4 | 25 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 48,000 | 950 | 1,150 | 800 | 98.0 | 15 | May 15, 2025 | J-GAAP |
| YoY | -2.6% | -11.7% | -15.6% | -24.2% | -20.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 14,968 | 823 | 908 | 737 | 85.9 | 5.5 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 9,622 | 56 | 88 | 77 | 9.0 | 0.6 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 10,964 | 391 | 526 | 364 | 43.1 | 3.6 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 11,405 | 396 | 443 | 371 | 44.2 | 3.5 | Nov 14, 2025 | J-GAAP |
| Oct - Dec, 2025 | 13,250 | 809 | 882 | 612 | 73.5 | 6.1 | Feb 13, 2026 | J-GAAP |
| YoY | -11.5% | -1.7% | -2.9% | -17.0% | -14.5% |
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