Hanwa Co., Ltd. Second Quarter (Interim) Financial Summary [Japanese GAAP]

Overview of Results

This financial summary reports Hanwa Co., Ltd.'s consolidated results for the second quarter of the fiscal year ending March 2027. Net sales expanded to 1,476,934 million yen (Year-over-Year +15.5%). Operating income was 36,813 million yen (+32.8%), ordinary income was 35,738 million yen (+49.8%), and net income attributable to owners of parent for the interim period was 23,007 million yen (+37.5%), showing substantial increases. By segment, steel, primary metals, recycling metals, food, energy, daily living materials, and overseas sales subsidiaries supported overall growth, with notable contributions from recycling metals and energy/daily living materials. On the financial position, total assets were 1,302,242 million yen, equity ratio was 34.3%, and net assets increased by 45,672 million yen to 456,099 million yen. Additions of newly consolidated subsidiaries and effects of the equity-method investments are also noted.

Outlook and Dividends

The consolidated forecast for the fiscal year ending March 2027 was revised to net sales of 3,000,000 million yen, operating income of 70,000 million yen, ordinary income of 65,000 million yen, and net income attributable to owners of parent of 45,000 million yen. The revision reflects that interim results exceeded prior expectations, and attention will be paid to future earnings stability considering segment contributions. The document indicates a full-year dividend policy including year-end payment, and the current projected dividend is approximately 66 yen per share (note that figures in the text should be compared with attention to pre- and post-stock split bases).