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Results7637Hakudo Co.,Ltd.Trading & Wholesale

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, revenue and profit increased substantially due to higher sales volumes, mainly for semiconductor manufacturing equipment, and higher product prices. The full-year earnings forecast and annual dividend forecast were also increased, with the annual dividend forecast set at ¥152.

Worth reading
56In focus
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
37.9
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales45,080¥ millionYear on year +37.9%Progress 48.2%
Operating profit2,892¥ millionYear on year +187.6%Progress 52.8%
Ordinary income2,952¥ millionYear on year +171.5%Progress 52.2%
Net income attributable to owners of the parent2,032¥ millionYear on year +197.5%

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¥179.20
Financial position at period-end
Total assets52,471¥ million
of which net assets 27,111 ¥ millionEquity ratio 51.7%vs. prior year-end -1.8pt

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 revenueJapan ¥39,312 million, North America ¥2,999 million, China ¥1,558 million, Other ¥1,209 million
Segment profitJapan ¥2,533 million, North America ¥149 million, China ¥134 million, Other ¥138 million
Regional sales¥39,312 million, ¥2,999 million, ¥1,558 million, ¥1,209 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥93,500 million (YoY +37.3%)
Operating profit¥5,480 million (YoY +90.8%)
Ordinary income¥5,660 million (YoY +77.4%)
Profit attributable to owners of the parent¥3,810 million (YoY +77.5%)
Annual Dividend Forecast86 yen per share → 152 yen per share(+76.7%)
Shareholder Return PolicyThe annual dividend will be the higher of a payout ratio of 45% or ¥80 per share.
Factors Behind Changes in Business Performance

Higher sales volumes, mainly to the semiconductor manufacturing equipment industry; higher product prices due to raw material market conditions; the effects of price revisions; improved margins from increased sales of standard inventory products; and increased gains from the impact of inventory valuations.

Disclosure regarding the going concern assumption

Not applicable.

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 disclosed
Impairment lossNone (information on impairment losses on fixed assets by segment)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (participants: Not disclosed)
Issued Shares at Period-End11,347,857 Shares
Treasury Shares at Period-End1,631 Shares
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¥45,080 million (YoY +37.9%)
Operating profit¥2,892 million (YoY +187.6%)
Ordinary income¥2,952 million (YoY +171.5%)
Profit attributable to owners of the parent¥2,032 million (YoY +197.5%)
Net income per share¥179.20
Equity ratioEnd of the current fiscal period 51.7 / End of previous period 53.5
Total assets¥52,471 million
Net assets¥27,111 million
Full-year earnings forecastNet Sales ¥93,500 million (YoY +37.3%) / Operating profit ¥5,480 million (YoY +90.8%) / Ordinary income ¥5,660 million (YoY +77.4%) / Profit attributable to owners of the parent ¥3,810 million (YoY +77.5%)
Annual Dividend Forecast86 yen per share → 152 yen per share(+76.7%)
Shareholder Return PolicyThe annual dividend will be the higher of a payout ratio of 45% or ¥80 per share.
Segment revenueJapan ¥39,312 million, North America ¥2,999 million, China ¥1,558 million, Other ¥1,209 million
Segment profitJapan ¥2,533 million, North America ¥149 million, China ¥134 million, Other ¥138 million
Regional sales¥39,312 million, ¥2,999 million, ¥1,558 million, ¥1,209 million
Impairment lossNone (information on impairment losses on fixed assets by segment)
Disclosure regarding the going concern assumptionNot applicable.
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 disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (participants: Not disclosed)
Issued Shares at Period-End11,347,857 Shares
Treasury Shares at Period-End1,631 Shares
Factors Behind Changes in Business PerformanceHigher sales volumes, mainly to the semiconductor manufacturing equipment industry; higher product prices due to raw material market conditions; the effects of price revisions; improved margins from increased sales of standard inventory products; and increased gains from the impact of inventory valuations.
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioOrders received and order backlogDepreciation and amortizationBreakdown of extraordinary income (loss)Material subsequent events

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.

Revenue was mainly driven by higher sales volumes to the semiconductor manufacturing equipment industry and higher product prices resulting from raw material market conditions. Operating profit was driven by higher sales volumes, the effects of price revisions implemented in the previous consolidated fiscal year, improved margins from increased sales of standard inventory products with high gross margins, and increased gains from the impact of inventory valuations due to raw material market conditions.

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Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | Hakudo Co.,Ltd. (7637) timely disclosure | Komori