Hakuto announced its results for the first quarter of the fiscal year ending March 2027. Net sales rose sharply to ¥54.537 billion and operating profit to ¥2.323 billion, with contributions from the newly consolidated subsidiaries in India and Singapore and demand for automotive applications. The full-year forecast was revised upward, with demand related to AI and data centers cited as a driver of sales growth. The company disclosed that AI-related sales are expected to account for 87.7% of sales in the Electronics and Electrical Equipment business. A review of assets affected by the Kumamoto earthquake is also underway.
Hakuto released its results for the first quarter of the fiscal year ending March 2027. Net sales rose 35.2% year on year to ¥54.537 billion, while operating profit increased 167.3% to ¥2.323 billion, driven largely by contributions from Rabyte, the Indian and Singaporean subsidiary newly included in consolidation, and demand for automotive semiconductors and liquid crystal modules.
By segment, Electronics Components posted net sales of ¥44.873 billion, up 43.1% year on year, and segment profit of ¥2.021 billion, up 287.3%. Electronics and Electrical Equipment reported net sales of ¥6.173 billion and profit of ¥430 million, while Chemicals posted net sales of ¥2.639 billion and profit of ¥136 million. Other reported net sales of ¥948 million and a loss of ¥325 million.
For the full year, the company expects net sales of ¥227.5 billion, up 25.6% from the previous fiscal year, operating profit of ¥9.6 billion, up 57.9%, ordinary profit of ¥8.6 billion, up 54.1%, and net income of ¥6.4 billion, up 27.7%. CEO Miyashita (宮下) explained that demand for generative AI and data centers is beginning to be reflected in orders and results, and that AI- and data center-related sales are expected to account for 87.7% of sales in the Electronics and Electrical Equipment business.
In terms of order trends, orders on an existing-business basis, excluding Rabyte, increased 54.2% year on year, while the order backlog rose 29.9%. Advance ordering also increased in the Electronics Components business, and in Electronics and Electrical Equipment, future sales plans are building as a result of long lead times.
The annual dividend will be increased to ¥255, and the company will conduct a 3-for-1 stock split effective 1 October 2026. Regarding the impact of the Kumamoto earthquake, the company said it is currently scrutinizing the assets of affected partner companies and will disclose further information, including whether there is any impact.