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Hakudo, 47% Increase in Ordinary Profit, Record High for The First Time in Five Years, Increased Previous Year's Dividend by 6 Yen, This Fiscal Year to Increase Dividend by 42 Yen
7637 Hakudo Co.,Ltd. 【J-GAAP】
Earnings ReportHakudo Co.,Ltd. <7637> [TSE Prime] announced its financial results in the afternoon session on May 13th (15:00). The consolidated ordinary profit for the fiscal year ended March 2026 decreased by 0.7% from the previous period to 3.19 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to expand to 47.3% to 4.70 billion yenExpected to reach record high profits for the first time in five years. This will be the third consecutive term of revenue growth.
At the same time, the company increased the annual dividend for the previous term from 80 yen to 86 yen (compared to 89 yen in the prior term), and has decided to increase the dividend this fiscal year to 128 yen, an increase of 42 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 18.0% from the same period last year, reaching 1.03 billion yen. The operating profit margin remained almost flat, changing from 4.8% in the same period last year to 5.0%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 57,253 | 2,523 | 2,847 | 1,916 | 169.0 | 80 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 66,410 | 2,983 | 3,214 | 2,236 | 197.2 | 89 | May 14, 2025 | J-GAAP |
| Mar, 2026 | 68,109 | 2,872 | 3,190 | 2,146 | 189.2 | 86 | May 13, 2026 | J-GAAP |
| YoY | +2.6% | -3.7% | -0.7% | -4.0% | -4.1% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Guidance | 68,000 | 2,690 | 3,000 | 1,960 | 172.8 | 80 | Feb 10, 2026 | J-GAAP |
| Mar, 2026 Results | 68,109 | 2,872 | 3,190 | 2,146 | 189.2 | 86 | May 13, 2026 | J-GAAP |
| Revision Rate | +0.2% | +6.8% | +6.3% | +9.5% | +9.5% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 32,699 | 1,005 | 1,087 | 683 | 60.3 | 28 | Nov 12, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 41,000 | 2,080 | 2,310 | 1,590 | 140.2 | 64 | May 13, 2026 | J-GAAP |
| YoY | +25.4% | +107.0% | +112.5% | +132.8% | +132.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 66,410 | 2,983 | 3,214 | 2,236 | 197.2 | 89 | May 14, 2025 | J-GAAP |
| Mar, 2026 | 68,109 | 2,872 | 3,190 | 2,146 | 189.2 | 86 | May 13, 2026 | J-GAAP |
| Mar, 2027 Guidance | 84,000 | 4,310 | 4,700 | 3,210 | 283.0 | 128 | May 13, 2026 | J-GAAP |
| YoY | +23.3% | +50.1% | +47.3% | +49.6% | +49.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 16,257 | 774 | 879 | 680 | 60.0 | 4.8 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 17,059 | 385 | 475 | 290 | 25.6 | 2.3 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 15,640 | 620 | 612 | 393 | 34.7 | 4.0 | Nov 12, 2025 | J-GAAP |
| Oct - Dec, 2025 | 16,981 | 946 | 1,066 | 753 | 66.4 | 5.6 | Feb 10, 2026 | J-GAAP |
| Jan - Mar, 2026 | 18,429 | 921 | 1,037 | 710 | 62.6 | 5.0 | May 13, 2026 | J-GAAP |
| YoY | +13.4% | +19.0% | +18.0% | +4.4% | +4.4% |
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