Fiscal Year Ending March 2027 Second Quarter (Interim) Financial Summary [Japanese GAAP] (Consolidated)

Overview of Results

Hirakawa Hewtech Corp.'s consolidated results for the second quarter (interim) of the fiscal year ending March 2027 were: net sales 25,553.9 million yen, operating income 2,952.0 million yen, ordinary income 3,006.0 million yen, and net income attributable to owners of the parent 2,082.0 million yen. Net sales increased significantly year-on-year, driven by strength in the core Wire & Processed Products business. The Electronics & Medical Components segment recorded lower sales overall due to a decline in electronics, but medical components experienced growth. Earnings levels improved steadily on the whole. Supplementary materials and an earnings presentation are scheduled.

Outlook and Segment Trends

By segment, Wire & Processed Products expanded sales supported by contributions from newly mass-produced products and favorable demand in North America. Electronics & Medical Components saw a decline due to the year-on-year reaction from a large OEM project in the prior period, but the medical components field is in a growth phase. The full-year earnings forecast remains as initially published, with exchange rate movements and the progress of new projects potentially affecting results. Financial position remains healthy with total assets of 59,195 million yen and a shareholders' equity ratio of 75.6%.