Hamai Industries (6497) Q3 2026 earnings summary

Executive summary

• 9M revenue rose 21.1% YoY to ¥11.07bn, while operating profit fell 12.2% to ¥471.5m as higher input costs lifted the cost ratio; net income grew 26.8% to ¥460.1m.

• Valve demand and price increases supported sales across LPG, piping, and high-pressure gas products; semiconductor-related demand strengthened piping and gas-equipment sales.

Financial highlights

• 9M revenue was ¥11,074.7m, up 21.1% YoY; operating profit was ¥471.5m, down 12.2%, and ordinary profit was ¥602.9m.

• Net income attributable to owners was ¥460.1m, up 26.8% YoY; EPS was ¥68.60 versus ¥54.14.

• Comprehensive income increased to ¥994.4m from ¥803.1m, supported by higher securities valuation gains and currency translation adjustments.

• Other income included a ¥16.5m gain on sale of investment securities; currency effects shifted from a prior-year loss to a gain.

Outlook and guidance

• FY2026 guidance unchanged: revenue ¥14.0bn (+10.1%), operating profit ¥800m (-27.2%), ordinary profit ¥900m (-26.6%), and net income ¥650m (-21.8%).

• FY EPS forecast is ¥96.98; full-year dividend forecast is ¥45 per share, including ¥20 interim, versus ¥40 for FY2025.

• Forecasts remain subject to environmental and economic changes; revisions will be disclosed if needed.