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Revision of earnings forecasts5821HIRAKAWA HEWTECH CORP.Iron and steel and non-ferrous metals

Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

For the fiscal year ended March 2026, net sales, operating profit and ordinary profit increased, while net income attributable to owners of the parent declined due to the recognition of an impairment loss. For the fiscal year ending March 2027, the company provided full-year forecasts of net sales of ¥43.0 billion, operating profit of ¥4.5 billion, ordinary profit of ¥4.7 billion and net income of ¥3.4 billion.

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Revised forecast

Fiscal year ending March 2027 · Full year
Net Sales—→43,000million
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Operating profit—→4,500million
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Ordinary income—→4,700million
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Profit attributable to owners of the parent—→3,400million
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Net income per share—→218.71yen and sen
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The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Details and amount of extraordinary loss

Impairment loss of ¥2,471 million (Wire and Processed Products segment)

Previous-period resultsFiscal year ended March 2026: net sales of ¥38,423 million, operating profit of ¥4,416 million, ordinary profit of ¥4,639 million, net income attributable to owners of the parent of ¥1,642 million, and earnings per share of ¥105.87
Dividend forecast revisionForecast for the fiscal year ending March 2027: ¥25.00 interim dividend, ¥28.00 year-end dividend and ¥53.00 annual dividend. Revision or unchanged status: Not disclosed
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesNot disclosed → ¥43,000 million
Operating profitNot disclosed → ¥4,500 million
Ordinary incomeNot disclosed → ¥4,700 million
Profit attributable to owners of the parentNot disclosed → ¥3,400 million
Net income per shareNot disclosed → 218.71 yen and sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Previous-period resultsFiscal year ended March 2026: net sales of ¥38,423 million, operating profit of ¥4,416 million, ordinary profit of ¥4,639 million, net income attributable to owners of the parent of ¥1,642 million, and earnings per share of ¥105.87
Details and amount of extraordinary lossImpairment loss of ¥2,471 million (Wire and Processed Products segment)
Dividend forecast revisionForecast for the fiscal year ending March 2027: ¥25.00 interim dividend, ¥28.00 year-end dividend and ¥53.00 annual dividend. Revision or unchanged status: Not disclosed
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Publication date of previous forecastReason for the revision

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

For the fiscal year ended March 2026, net sales and operating profit increased due to new mass-produced automotive cable products, strong energy-related demand in the North American market, a recovery in demand for cables used in semiconductor inspection equipment, and specialized network equipment products and large OEM projects. Although the company recorded a ¥439 million gain on bargain purchase from the consolidation of 吉野川電線株式会社 and a ¥572 million gain on sales of investment securities, an impairment loss of ¥2,471 million was recognized, resulting in a decline in net income attributable to owners of the parent.

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Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | HIRAKAWA HEWTECH CORP. (5821) timely disclosure | Komori