Hakuto Co., Ltd.
Fiscal Year Ending March 2026 Q3 Financial Summary
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%.
Key Figures
- Net Sales: JPY 136,027 million (Year-over-Year △3.4%)
- Operating Income: JPY 5,290 million (Year-over-Year △17.4%)
- Quarterly Net Income: JPY 4,235 million (Year-over-Year △1.2%)
AI要約
Overview of Performance
Consolidated results for the third quarter of fiscal year ending March 2026 saw declines in net sales due to inventory adjustments by customers in the automotive-related sector, amortization of goodwill related to new consolidated subsidiaries, and expenses associated with new business development, resulting in decreases in operating and ordinary income year-over-year. Meanwhile, quarterly net income was maintained at approximately the previous year’s level due to the recognition of gains on sales of policy-owned equity securities. Segment-wise, the declines in sales and profits were noticeable in electronic components and electronic & electric equipment, while the chemical business achieved increases in both sales and profits due to recovery in sales of cosmetic base materials.
Outlook and Dividend Forecast
There is no revision to the full-year earnings forecast for the fiscal year ending March 2026, with net sales expected at JPY 186.0 billion (up 1.6% YoY), operating income at JPY 6.0 billion (down 24.2%), and net income at JPY 4.9 billion (down 4.5%). The dividend forecast is an annual dividend of JPY 200 (a decrease from JPY 260 the previous year), implying a target payout ratio of 76.8%. This reflects stable shareholder returns based on the new medium-term management plan targeting a DOE of 5% or a payout ratio of 70%.
