Hokushin Co., Ltd. Financial Summary for the Second Quarter (Interim) of the Fiscal Year Ending March 2027

Overview of Performance

Interim revenue increased to 5,433 million yen (up 7.3% year-over-year). Operating income turned positive to 182 million yen, ordinary income was 183 million yen, and interim net income improved to 122 million yen. The prior-year same period recorded losses in operating, ordinary, and interim net income, but price revisions and cost control led to a return to profitability. The financial position remains sound with total assets of 13,181 million yen, net assets of 6,000 million yen, and an equity ratio of 45.5%.

Future Policy and Outlook

As a long-term policy, the company will continue efforts to achieve the medium-term management plan REBUILD & CREATE VALUE, focusing on expanding structural application markets, developing new products for the non-residential market, strengthening collaboration with overseas MDF plants, and promoting sales of the new environmentally lower-impact brand PANECO® board M. The company will concentrate on cost reduction and quality improvement through production and distribution efficiency to ensure stable supply. No changes to the full-year forecast are being made at this time while monitoring market conditions.