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HIRAKAWA HEWTECH, Ordinary Profit Forecast for Last Fiscal Year Revised Upward by 16%, Exceeded Record Profit Forecast

Thu May 7, 2026 3:30 pm JST Revision

5821 HIRAKAWA HEWTECH CORP. 【J-GAAP】

Guidance Update Report

HIRAKAWA HEWTECH CORP. <5821> [TSE Prime] announced a performance revision after the market closed on May 7th (15:30). The consolidated ordinary profit forecast for the fiscal year ending March 2026 has been revised upward 15.8%, from the previous forecast of 4.00 billion yen to 4.63 billion yen (compared to 2.55 billion yen in the previous period), increasing the growth rate from 56.4% to 81.1%. The company has further increased its previous forecast of record profits for the first time in three years. However, the full-year forecast for consolidated net income has decreased 50.3%, from the previous forecast of 3.30 billion yen to 1.64 billion yen (compared to 2.02 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 19.1% decrease in profit.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (second half) consolidated ordinary profit is expected to increase 32.0%, from the previous forecast of 1.96 billion yen to 2.59 billion yen (compared to 1.25 billion yen in the same period of the previous year), increasing the growth rate from 57.5% to 2.1 times.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2025 Prev 18,409 1,876 1,969 1,495 96.2 22.86 Oct 31, 2025 J-GAAP
Oct - Mar, 2025 New 20,329 2,286 2,599 -165 -10.1 22.86 May 7, 2026 J-GAAP
Revision Rate +10.4% +21.9% +32.0% － －

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 36,500 4,000 4,000 3,300 212.3 44.76 Oct 31, 2025 J-GAAP
Mar, 2026 New 38,420 4,410 4,630 1,640 100.7 44.76 May 7, 2026 J-GAAP
Revision Rate +5.3% +10.3% +15.8% -50.3% -52.6%

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 65.9 21.91 May 9, 2025 J-GAAP
Oct - Mar, 2025 Guidance 20,329 2,286 2,599 -165 -10.1 22.86 May 7, 2026 J-GAAP
YoY +37.5% +125.0% +107.9% － －

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 97.9 34.29 May 9, 2024 J-GAAP
Mar, 2025 30,802 2,267 2,557 2,026 130.8 42.86 May 9, 2025 J-GAAP
Mar, 2026 Guidance 38,420 4,410 4,630 1,640 100.7 44.76 May 7, 2026 J-GAAP
YoY +24.7% +94.5% +81.1% -19.1% -23.1%

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