はせがわ significantly cut its ordinary profit forecast for the fiscal year ending March 2027 from the previous profit forecast, indicating that profit will instead decline by approximately 64% this fiscal year. Ordinary profit and loss turned to a loss in the cumulative second quarter (April-September), and the plan for the second half also fell sharply.
はせがわ released its financial results on 6 November. Consolidated ordinary profit and loss for the cumulative second quarter (April-September) turned to a ¥14 million loss, compared with a profit in the same period of the previous year. The forecast was revised downward from the previous ¥540 million profit forecast to a loss.
The full-year consolidated earnings forecast for the current fiscal year was revised from the previous ¥950 million profit forecast to a ¥250 million loss. The previous fiscal year ended with a ¥697 million profit. The current fiscal year is therefore expected to see a 64.1% decline in profit.
Based on first-half results and the second-half plan, consolidated ordinary profit for October-March is estimated at ¥264 million, down 36.2% year on year. In the latest three-month period, ordinary profit for July-September fell 31.9% year on year to ¥278 million, and the revenue margin also deteriorated.