Hamai Industries (6497) Q4 2025 earnings summary

Executive summary

• Achieved record-high sales for the fiscal year ending December 2025, led by growth in LPG container valves and successful price revisions despite raw material cost pressures.

• Operating profit reached near-record levels, and net profit surged 144.3% due to the absence of prior year special and antitrust losses.

• All major valve segments contributed to revenue, with LPG container valves maintaining the largest share.

Financial highlights

• Consolidated sales: ¥12,715 million, up 5.1% year-over-year.

• Operating profit: ¥1,222 million, up 9.4% year-over-year.

• Net profit attributable to shareholders: ¥969 million, up 144.3% year-over-year.

• Dividend per share increased to ¥40 (payout ratio 27.7%).

• Equity ratio improved to 76.7%, reflecting strong financial stability.

Outlook and guidance

• FY2026 sales projected at ¥13,100 million (+3.0%), with operating profit expected to reach ¥1,250 million (+2.2%).

• Net income forecast at ¥980 million (+1.1%).

• Dividend forecast for FY2026 is ¥45 per share.

• All valve segments forecast to achieve record sales, with recovery in piping valves and continued growth in high-pressure and clean energy-related products.