Hit announced its results after the market closed on 13 November. Consolidated ordinary profit for the July–September quarter (1Q) was ¥160 million, down 34.6% year on year.
Hit released its consolidated results for the first quarter of the fiscal year ending June 2027 (July–September). Ordinary profit was ¥160 million, down 34.6% year on year, representing progress of 10.9% toward the full-year forecast of ¥1.52 billion. The decline from the previous fiscal year was reportedly attributable to factors including market conditions and a deterioration in the cost structure.
The margin on sales for the July–September quarter fell sharply from 23.9% to 13.9%. Together with the decline in operating margin, this indicated that profit growth had slowed.
The article was prepared based on information disclosed by the company and reported that investors' attention would focus on the outlook for future results and the progress of performance from quarter to quarter.