Hakuto Co., Ltd. announced initiatives to promote ROE improvement and ROIC-based management with a focus on capital efficiency, growth strategies and M&A promotion under the medium-term management plan "Hakuto 2028," and reinforcement of a stable dividend policy.
Director and executive officer changes will take effect on April 1, 2026, and June 24, 2026. Two new director candidates and one substitute director candidate will be appointed. Changes to the governance structure are planned.
Hakuto Co., Ltd. acquires 76% of shares in Indian company Rabyte Edge, making it a consolidated subsidiary. Number of shares acquired: 19,007,600 shares; Board resolution on 2026-02-05.
Hakuto Co., Ltd. has entered into fixed-rate loan agreements totaling JPY 160 billion with four banks on February 9, 2026, to secure funds for M&A, with a ten-year repayment period applying installment repayments.
Hakuto Co., Ltd. resolved to acquire 76% of the shares of Singapore-based Rabyte Pte. Ltd. on February 5, 2026, making it a consolidated subsidiary. The acquisition price is undisclosed, and the remaining 24% stake is planned to be acquired by 2028.
For the third quarter of the fiscal year ending March 2026, net sales amounted to JPY 136.027 billion, a 3.4% decrease year-over-year; operating income was JPY 5.29 billion, down 17.4%; and quarterly net income was JPY 4.235 billion, down 1.2%.