Komori
Results5821HIRAKAWA HEWTECH CORP.Iron and Steel and Nonferrous Metals

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

In the interim period of the fiscal year ending March 2027, net sales and operating profit increased significantly, driven by demand in the automotive, energy and semiconductor-related sectors and new mass-produced products. The full-year earnings forecast was unchanged, and the company plans to increase the annual dividend from ¥47 in the previous fiscal year to ¥57.

Worth reading
40Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
41.2
% (year-on-year change in net sales)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales25,539¥ millionYear on year +41.2%Progress 53.2%
Operating profit2,952¥ millionYear on year +38.9%Progress 53.7%
Ordinary income3,006¥ millionYear on year +48.0%Progress 52.7%
Net income attributable to owners of the parent2,082¥ millionYear on year +15.4%Progress 50.8%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥133.95
Financial position at period-end
Total assets59,195¥ million
of which net assets 45,881 ¥ millionEquity ratio 75.6%vs. prior year-end +0.8pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Segment revenue¥23,122 million (YoY +50.4%), ¥2,399 million (YoY -11.4%)
Segment profit¥3,008 million (YoY +44.8%), ¥464 million (YoY -12.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥48,000 million (YoY +24.9%)
Operating profit¥5,500 million (YoY +24.5%)
Ordinary income¥5,700 million (YoY +22.9%)
Net income¥4,100 million (YoY +149.6%)
Revision to Earnings ForecastNo
Annual Dividend Forecast47 yen → 57 yen(+21.3%)
Factors Behind Changes in Business Performance

Automotive cables remained solid due to new mass-produced products. Cables related to the energy industry performed well against the backdrop of strong demand in the North American market, and cables for semiconductor manufacturing equipment and industrial equipment also performed well. The electronics field declined following the previous fiscal year's large OEM project, while medical special tubing increased due to new mass-produced products.

Disclosure regarding the going concern assumption

None

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not applicable
Material subsequent eventsOn 4 November 2026, the company entered into a simplified share exchange agreement to make its consolidated subsidiary 吉野川電線株式会社 a wholly owned subsidiary. The effective date is scheduled for 21 December 2026, subject to approval at an extraordinary general meeting of 吉野川電線株式会社 shareholders.
Impairment lossNo impairment loss during the current interim period
Breakdown of extraordinary income (loss)Current interim period: no extraordinary gains or extraordinary losses. Previous interim period: ¥439 million gain on bargain purchase arising from negative goodwill.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (scheduled for 13 November 2026; attendees not specified)
Issued Shares at Period-End17,627,800
Treasury Shares at Period-End2,073,316
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥25,539 million (YoY +41.2%)
Operating profit¥2,952 million (YoY +38.9%)
Ordinary income¥3,006 million (YoY +48.0%)
Profit attributable to owners of the parent¥2,082 million (YoY +15.4%)
Net income per share¥133.95
Equity ratioEnd of the current fiscal period 75.6 / End of previous period 74.8
Total assets¥59,195 million
Net assets¥45,881 million
Full-year earnings forecastNet Sales ¥48,000 million (YoY +24.9%) / Operating profit ¥5,500 million (YoY +24.5%) / Ordinary income ¥5,700 million (YoY +22.9%) / Net income ¥4,100 million (YoY +149.6%)
Revision to Earnings ForecastNo
Annual Dividend Forecast47 yen → 57 yen(+21.3%)
Segment revenue¥23,122 million (YoY +50.4%), ¥2,399 million (YoY -11.4%)
Segment profit¥3,008 million (YoY +44.8%), ¥464 million (YoY -12.7%)
Impairment lossNo impairment loss during the current interim period
Breakdown of extraordinary income (loss)Current interim period: no extraordinary gains or extraordinary losses. Previous interim period: ¥439 million gain on bargain purchase arising from negative goodwill.
Disclosure regarding the going concern assumptionNone
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not applicable
Material subsequent eventsOn 4 November 2026, the company entered into a simplified share exchange agreement to make its consolidated subsidiary 吉野川電線株式会社 a wholly owned subsidiary. The effective date is scheduled for 21 December 2026, subject to approval at an extraordinary general meeting of 吉野川電線株式会社 shareholders.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (scheduled for 13 November 2026; attendees not specified)
Issued Shares at Period-End17,627,800
Treasury Shares at Period-End2,073,316
Factors Behind Changes in Business PerformanceAutomotive cables remained solid due to new mass-produced products. Cables related to the energy industry performed well against the backdrop of strong demand in the North American market, and cables for semiconductor manufacturing equipment and industrial equipment also performed well. The electronics field declined following the previous fiscal year's large OEM project, while medical special tubing increased due to new mass-produced products.
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogDepreciation and amortization

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.

New mass-produced automotive cable products, strong demand in the North American market, and solid sales of cables for semiconductor manufacturing equipment and industrial equipment boosted sales. In the electronics field, sales declined following the previous fiscal year's large OEM project, while medical special tubing increased due to new mass-produced products.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | HIRAKAWA HEWTECH CORP. (5821) timely disclosure | Komori