HASEKO (1808) investor relations material

Executive summary

• Achieved record consolidated net sales of JPY 1,273.1 billion for FY2025, up 8.1% year-over-year, with strong growth in construction and real estate sales.

• Ordinary profit reached JPY 94.1 billion, exceeding initial forecasts and up 12.8% year-over-year, driven by robust performance in core business segments.

• Profit attributable to owners of parent surged 59.2% year-over-year to JPY 54.8 billion, with basic earnings per share at JPY 204.54, aided by the absence of large extraordinary losses.

• The first year of the medium-term “HASEKO Evolution Plan” saw strong performance, especially in construction and real estate segments.

• Purchased JPY 20.0 billion in treasury shares to enhance ROE and shareholder value.

Financial highlights

• Operating profit rose to JPY 98.7 billion, up 16.6% year-over-year; operating profit margin improved to 7.8% (up 0.6 pts), ordinary profit margin at 7.4%.

• Orders received (non-consolidated) hit a record JPY 726.7 billion, up 23.9% year-over-year, mainly from private-sector condominiums.

• ROE improved to 10.0% from 6.6% in the prior year.

• Annual dividend per share increased to JPY 95, with a payout ratio of 46.4%, and a planned increase to JPY 100 per share next year.

• Cash and cash equivalents at period-end: JPY 288.1 billion, up JPY 52.3 billion.

Outlook and guidance

• FY2026 consolidated net sales forecast at JPY 1,380.0 billion (+8.4%), ordinary profit at JPY 105.0 billion (+11.6%), and ROE at 11.3%.

• Non-consolidated net sales forecast at JPY 870.0 billion (+6.4%), operating profit JPY 70.0 billion (+19.9%), and profit JPY 76.0 billion (+51.3%).

• Orders received (non-consolidated) expected to reach JPY 730.0 billion (+0.5% YoY), marking a fourth consecutive record.

• Annual dividend per share planned at JPY 100 for FY2026, payout ratio expected at 40.1%.

• Management will closely monitor economic and market uncertainties, including global trade and monetary policy trends.