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HASEGAWA, First Half Ordinary Profit Decreases by 55%

Fri Nov 7, 2025 3:30 pm JST Earnings

8230 HASEGAWA CO., LTD. 【J-GAAP】

Earnings Report

HASEGAWA CO., LTD. <8230> [TSE Std] announced its financial results after the market closed on November 7th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) significantly dropped 54.8% from the previous period non-consolidated to 283 million yen, fell short of the previous forecast of 430 million yen.

Progress toward the full-year plan of 670 million yen was 42.2%, also falling below the five-year average of 55.6%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to drop 39.4% from the same period last year to 387 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 408 million yen, a 27.9% decrease compared to the same period last year. The operating profit margin worsened from 9.6% in the same period last year to 7.0%.

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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 11,497 1,038 1,054 703 38.7 64.3 Nov 6, 2023 J-GAAP
Apr - Sep, 2024 10,831 571 626 446 24.6 49.5 Nov 5, 2024 J-GAAP
Apr - Sep, 2025 11,045 303 283 135 7.5 42.2 Nov 7, 2025 J-GAAP
YoY +2.0% -46.9% -54.8% -69.7% -69.6%

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 11,800 450 430 250 13.7 7.50 May 15, 2025 J-GAAP
Apr - Sep, 2025 Results 11,045 303 283 135 7.5 7.50 Nov 7, 2025 J-GAAP
Revision Rate -6.4% -32.7% -34.2% -46.0% -45.6%

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 10,397 633 639 459 25.2 7.50 May 15, 2025 J-GAAP
Oct - Mar, 2025 Guidance 11,755 397 387 245 13.5 7.50 Nov 7, 2025 J-GAAP
YoY +13.1% -37.3% -39.4% -46.6% -46.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 21,300 1,612 1,638 1,059 58.3 15 May 15, 2024 J-GAAP
Mar, 2025 21,228 1,204 1,265 905 49.8 15 May 15, 2025 J-GAAP
Mar, 2026 Guidance 22,800 700 670 380 20.9 15 May 15, 2025 J-GAAP
YoY +7.4% -41.9% -47.0% -58.0% -58.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 6,042 578 566 415 22.8 9.6 Nov 5, 2024 J-GAAP
Oct - Dec, 2024 4,983 -6 16 36 2.0 -0.1 Feb 7, 2025 J-GAAP
Jan - Mar, 2025 5,414 639 623 423 23.3 11.8 May 15, 2025 J-GAAP
Apr - Jun, 2025 4,967 -124 -125 -107 -5.9 -2.5 Aug 12, 2025 J-GAAP
Jul - Sep, 2025 6,078 427 408 242 13.4 7.0 Nov 7, 2025 J-GAAP
YoY +0.6% -26.1% -27.9% -41.7% -41.4%

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