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Financial Results Presentation5902HOKKAN LIMITEDConstruction and Materials

Financial Results Presentation Materials for the Fiscal Year Ending March 2026

For the fiscal year ended March 2026, revenue and operating profit declined despite progress in passing through price increases and improvements in the domestic business, due to weak overseas operations, particularly in Indonesia. For the fiscal year ending March 2027, the company expects higher revenue and profit, driven by stronger customer support in Japan and expanded sales activities in Indonesia.

Worth reading
65In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-8
¥100 million (year-on-year decrease in operating profit)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial Results PresentationFiscal year ended March 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales905 Hundreds of millions of yen-2.0%
Operating profit37 Hundreds of millions of yen-16.5%
Ordinary income41 Hundreds of millions of yen-20.7%
Net income32 Hundreds of millions of yen+0.5%
Operating profit margin4.2% (down 0.7 percentage points year on year)
Full-year earnings forecast
Net Sales
990 Hundreds of millions of yen
Operating profit
41 Hundreds of millions of yen
Ordinary income
39 Hundreds of millions of yen
Profit attributable to owners of the parent
35 Hundreds of millions of yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Containers Business3 Hundreds of millions of yen
Filling Business3 Hundreds of millions of yen
Overseas Business-26 Hundreds of millions of yen
Other businesses0 Hundreds of millions of yen
Adjustments for revenue recognition-32 Hundreds of millions of yen
Operating profit
Containers Business5 Hundreds of millions of yen
Filling Business2 Hundreds of millions of yen
Overseas Business-12 Hundreds of millions of yen
Other businesses-2 Hundreds of millions of yen
Adjustments0 Hundreds of millions of yen
New initiatives
  • Organizational restructuring through the three-way merger of 北海製罐, 日本キャンパック and the company (scheduled for 1 October 2026)
  • Company name change to ホッカン株式会社 (scheduled for 1 October 2026)
  • Expansion of 北海製罐's preform production line (investment of approximately ¥1.5 billion; operations commenced in January 2026)
  • Expansion of cup-forming and printing machines at ホッカン・デルタパック・インダストリ社 (IDR 72.5 billion; operations commenced in February 2026)
  • Bottle recycling agreement with Meiwa Town
Key KPIsA metric the company considers important as a management benchmark.
PBR
0.4 times
Average PBR of 26 Metal Products companies listed on the Prime Market
0.8 times
Number of consolidated subsidiaries
12 companies
Number of equity-method affiliates
1 companies
Segment results
Containers Business
Net Sales
317 Hundreds of millions of yen+1.2%
Operating profit
16 Hundreds of millions of yen+53.7%
Filling Business
Net Sales
397 Hundreds of millions of yen+0.9%
Operating profit
38 Hundreds of millions of yen+8.3%
Overseas Business
Net Sales
153 Hundreds of millions of yen-14.5%
Operating profit
0 Hundreds of millions of yen-98.0%
Other
Net Sales
36 Hundreds of millions of yen+0.6%
Operating profit
3 Hundreds of millions of yen-44.7%
Medium-term management plan targets
Fiscal year ending March 2026
Net Sales
1,010 Hundreds of millions of yen
Operating profit
47 Hundreds of millions of yen
Fiscal year ending March 2027
Net Sales
1,050 Hundreds of millions of yen
Operating profit
61 Hundreds of millions of yen
Financial targets
Debt-to-equity ratio
Actual results for the fiscal year ending March 2026
0.8 times
Fiscal year ending March 2027: plan
0.6 times
ROE
Actual results for the fiscal year ending March 2026
5.6 %
Fiscal year ending March 2027: plan
6.5 %
Equity ratio
Actual results for the fiscal year ending March 2026
43.5 %
Fiscal year ending March 2027: plan
42.3 %
Capital expenditures
130 Hundreds of millions of yen
Annual Dividend
Fiscal year ending March 2026
Annual
¥94
Interim
¥30
End of period
¥64
Fiscal year ending March 2027
Annual
¥100
Interim
¥30
End of period
¥70
Payout ratio
Fiscal year ending March 2026
35.3 %
Fiscal year ending March 2027
35.2 %
PolicyConsolidated dividend payout ratio of at least 35% and annual dividend per share of at least ¥45
Contents of this document
ItemDetails
Document typeFinancial Results Presentation
Fiscal Period CoveredFiscal year ended March 2026
Net Sales905 Hundreds of millions of yen (YoY -2.0%)
Operating profit37 Hundreds of millions of yen (YoY -16.5%)
Ordinary income41 Hundreds of millions of yen (YoY -20.7%)
Net income32 Hundreds of millions of yen (YoY +0.5%)
Operating profit margin4.2% (down 0.7 percentage points year on year)
Full-year earnings forecastNet Sales 990 Hundreds of millions of yen / Operating profit 41 Hundreds of millions of yen / Ordinary income 39 Hundreds of millions of yen / Profit attributable to owners of the parent 35 Hundreds of millions of yen
Segment resultsContainers Business Net Sales 317 Hundreds of millions of yen (YoY +1.2%) / Operating profit 16 Hundreds of millions of yen (YoY +53.7%) / Filling Business Net Sales 397 Hundreds of millions of yen (YoY +0.9%) / Operating profit 38 Hundreds of millions of yen (YoY +8.3%) / Overseas Business Net Sales 153 Hundreds of millions of yen (YoY -14.5%) / Operating profit 0 Hundreds of millions of yen (YoY -98.0%) / Other Net Sales 36 Hundreds of millions of yen (YoY +0.6%) / Operating profit 3 Hundreds of millions of yen (YoY -44.7%)
Breakdown of Factors Affecting the ChangeNet Sales Containers Business 3 Hundreds of millions of yen / Filling Business 3 Hundreds of millions of yen / Overseas Business -26 Hundreds of millions of yen / Other businesses 0 Hundreds of millions of yen / Adjustments for revenue recognition -32 Hundreds of millions of yen / Operating profit Containers Business 5 Hundreds of millions of yen / Filling Business 2 Hundreds of millions of yen / Overseas Business -12 Hundreds of millions of yen / Other businesses -2 Hundreds of millions of yen / Adjustments 0 Hundreds of millions of yen
Key KPIsPBR 0.4 times / Average PBR of 26 Metal Products companies listed on the Prime Market 0.8 times / Number of consolidated subsidiaries 12 companies / Number of equity-method affiliates 1 companies
Medium-term management plan targetsFiscal year ending March 2026 Net Sales 1,010 Hundreds of millions of yen / Operating profit 47 Hundreds of millions of yen / Fiscal year ending March 2027 Net Sales 1,050 Hundreds of millions of yen / Operating profit 61 Hundreds of millions of yen
Financial targetsDebt-to-equity ratio Actual results for the fiscal year ending March 2026 0.8 times / Fiscal year ending March 2027: plan 0.6 times / ROE Actual results for the fiscal year ending March 2026 5.6 % / Fiscal year ending March 2027: plan 6.5 % / Equity ratio Actual results for the fiscal year ending March 2026 43.5 % / Fiscal year ending March 2027: plan 42.3 %
Annual DividendFiscal year ending March 2026 Annual ¥94 / Interim ¥30 / End of period ¥64 / Fiscal year ending March 2027 Annual ¥100 / Interim ¥30 / End of period ¥70
Payout ratioFiscal year ending March 2026 35.3 % / Fiscal year ending March 2027 35.2 % / Policy Consolidated dividend payout ratio of at least 35% and annual dividend per share of at least ¥45
Capital expenditures130 Hundreds of millions of yen
New initiativesOrganizational restructuring through the three-way merger of 北海製罐, 日本キャンパック and the company (scheduled for 1 October 2026), Company name change to ホッカン株式会社 (scheduled for 1 October 2026), Expansion of 北海製罐's preform production line (investment of approximately ¥1.5 billion; operations commenced in January 2026), Expansion of cup-forming and printing machines at ホッカン・デルタパック・インダストリ社 (IDR 72.5 billion; operations commenced in February 2026), Bottle recycling agreement with Meiwa Town
Items this document does not state (14)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey points of the Q&A

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.

Although price increases were progressively passed through, revenue declined year on year due to a decrease in orders received in the overseas business and other factors. Operating profit declined year on year due to weak overseas operations, despite lower factory expenses in the Containers Business and reduced logistics costs in the Filling Business.

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.
Financial Results Presentation Materials for the Fiscal Year Ending March 2026 | HOKKAN LIMITED (5902) timely disclosure | Komori