Komori
Financial Results Presentation7433Hakuto Co.,Ltd.Trading & Wholesale

Supplementary explanatory materials for the third-quarter results for the fiscal year ending March 2026

Cumulative results for the first 3 quarters showed lower revenue, mainly due to inventory adjustments in automotive-related businesses. Operating profit and ordinary profit also declined, partly because of higher goodwill amortisation and new-business expenses. Meanwhile, the decrease in net income for the quarter was limited by gains on the sale of cross-shareholdings, and the full-year forecasts and dividend forecast remained unchanged.

Worth reading
82Important
Scored from 4 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-1115
¥ millions (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial Results PresentationFiscal year ending March 2026, third quarter10 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales136,027 Millions of yen-3.4%
Operating profit5,290 Millions of yen-17.4%
Ordinary income4,811 Millions of yen-21.6%
Net income4,235 Millions of yen-1.2%
Gross Profit Margin14.9%
Results for the three months of the current quarter
Consolidated revenue
52,265 Millions of yen
Full-year earnings forecast
Net Sales
186,000 Millions of yen
Gross profit
26,700 Millions of yen
Operating profit
6,000 Millions of yen
Ordinary income
5,700 Millions of yen
Net income for the current fiscal year
4,900 Millions of yen
EPS
¥260.41
ROE
7.5 %
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • 為替変動による利益影響（2026年3月期第3四半期）431 Millions of yen
    directionIncreased
  • 為替変動による利益影響（2025年3月期第3四半期）895 Millions of yen
    directionIncreased
  • Gain on Sale of Investment Securities1,370 Millions of yen
    directionProfit increase
  • 営業キャッシュ・フローにおける売上債権の増加-4,300 Millions of yen
  • 営業キャッシュ・フローにおける棚卸資産の減少1,300 Millions of yen
  • 営業キャッシュ・フローにおける仕入債務の増加3,600 Millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • 為替影響は2026年3月期予想に織り込まない
  • 政策保有株式の売却益を見込む
  • 半導体では顧客の在庫調整と需要低迷が継続すると見込む
  • パワーデバイス向け設備投資の鈍化を見込む
  • ケミカルでは化粧品需要の回復と環境・電子産業分野の事業拡大を見込む
New initiatives
  • 新規連結子会社の加入
  • Developing new businesses
  • ケミカル事業への名称変更（工業薬品事業から変更）
  • 新中期経営計画におけるDOEの導入
Key KPIsA metric the company considers important as a management benchmark.
EPS
¥225.02-1.2%
Equity ratio
48.7 %
Segment results
Electronic components
Net Sales
106,103 Millions of yen-5.1%
Segment profit
3,663 Millions of yen-21.8%
Electronic and electrical equipment
Net Sales
18,513 Millions of yen-7.9%
Segment profit
1,661 Millions of yen-16.8%
Chemicals
Net Sales
8,446 Millions of yen+6.2%
Segment profit
495 Millions of yen
Other
Net Sales
3,267 Millions of yen+139.3%
Segment profit
-649 Millions of yen
Medium-term management plan targets
PeriodFiscal years ending March 2026 to March 2029
Dividend Metrics配当性向70%（±5%）またはDOE5%のいずれか高い方
Financial targets
ROE
Fiscal year ending March 2026 forecast7.5 %
DOE
Fiscal year ending March 2026 forecast5.7 %
Equity ratio
Third quarter of the fiscal year ending March 202648.7 %
Capital expenditures
¥500 million acquisition of tangible and intangible fixed assets
Annual Dividend
¥200 per share
Interim100
End of period100
Payout ratio
76.8 %
DOE
5.7 %
Contents of this document
ItemDetails
Document typeFinancial Results Presentation
Fiscal Period CoveredFiscal year ending March 2026, third quarter
Net Sales136,027 Millions of yen (YoY -3.4%)
Operating profit5,290 Millions of yen (YoY -17.4%)
Ordinary income4,811 Millions of yen (YoY -21.6%)
Net income4,235 Millions of yen (YoY -1.2%)
Gross Profit Margin14.9%
Results for the three months of the current quarterConsolidated revenue 52,265 Millions of yen
Full-year earnings forecastNet Sales 186,000 Millions of yen / Gross profit 26,700 Millions of yen / Operating profit 6,000 Millions of yen / Ordinary income 5,700 Millions of yen / Net income for the current fiscal year 4,900 Millions of yen / EPS ¥260.41 / ROE 7.5 %
Segment resultsElectronic components Net Sales 106,103 Millions of yen (YoY -5.1%) / Segment profit 3,663 Millions of yen (YoY -21.8%) / Electronic and electrical equipment Net Sales 18,513 Millions of yen (YoY -7.9%) / Segment profit 1,661 Millions of yen (YoY -16.8%) / Chemicals Net Sales 8,446 Millions of yen (YoY +6.2%) / Segment profit 495 Millions of yen / Other Net Sales 3,267 Millions of yen (YoY +139.3%) / Segment profit -649 Millions of yen
Breakdown of Factors Affecting the Change為替変動による利益影響（2026年3月期第3四半期） 431 Millions of yen, 為替変動による利益影響（2025年3月期第3四半期） 895 Millions of yen, Gain on Sale of Investment Securities 1,370 Millions of yen, 営業キャッシュ・フローにおける売上債権の増加 -4,300 Millions of yen, 営業キャッシュ・フローにおける棚卸資産の減少 1,300 Millions of yen, 営業キャッシュ・フローにおける仕入債務の増加 3,600 Millions of yen
Key KPIsEPS ¥225.02 (YoY -1.2%) / Equity ratio 48.7 %
Assumptions Underlying the Business Outlook為替影響は2026年3月期予想に織り込まない, 政策保有株式の売却益を見込む, 半導体では顧客の在庫調整と需要低迷が継続すると見込む, パワーデバイス向け設備投資の鈍化を見込む, ケミカルでは化粧品需要の回復と環境・電子産業分野の事業拡大を見込む
Medium-term management plan targetsPeriod Fiscal years ending March 2026 to March 2029 / Dividend Metrics 配当性向70%（±5%）またはDOE5%のいずれか高い方
Financial targetsROE Fiscal year ending March 2026 forecast 7.5 % / DOE Fiscal year ending March 2026 forecast 5.7 % / Equity ratio Third quarter of the fiscal year ending March 2026 48.7 %
Annual Dividend¥200 per share
Payout ratio76.8 %
Capital expenditures¥500 million (acquisition of tangible and intangible fixed assets)
New initiatives新規連結子会社の加入, Developing new businesses, ケミカル事業への名称変更（工業薬品事業から変更）, 新中期経営計画におけるDOEの導入
Items this document does not state (12)
Operating profit marginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk 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.

車載関連分野の顧客の在庫調整による半導体デバイス販売の減少、電子・電気機器分野の顧客による設備投資抑制、売上総利益の減少、新規連結子会社に係るのれん償却費や新規事業関連費用の発生が減益要因となった。純利益については、政策保有株式の売却による投資有価証券売却益13.7億円を計上した。

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.
Supplementary explanatory materials for the third-quarter results for the fiscal year ending March 2026 | Hakuto Co.,Ltd. (7433) timely disclosure | Komori