Harima-Kyowa (7444) Q1 2026 earnings summary

Executive summary

• Revenue for the first quarter was ¥15,583 million, down 8.8% year-over-year due to changes in key customer transactions despite growth in heat countermeasure and inbound-related products.

• Operating profit decreased 1.6% year-over-year to ¥560 million, and net profit attributable to shareholders fell 19.7% to ¥324 million.

• The company leveraged its wholesale network and logistics capabilities to respond quickly to client needs and continued to enhance workplace safety and hygiene.

Financial highlights

• Gross profit for the quarter was ¥1,386 million, down from ¥1,956 million year-over-year.

• Operating profit was ¥560 million (down 1.6%), ordinary profit ¥584 million (down 7.2%), and net profit attributable to shareholders ¥324 million (down 19.7%).

• Comprehensive income rose to ¥452 million, a 302.7% increase year-over-year, mainly due to gains in other comprehensive income.

Outlook and guidance

• No changes to the previously announced full-year forecast: revenue of ¥59,000 million (+4.6%), operating profit of ¥1,400 million (+26.8%), and net profit attributable to shareholders of ¥1,230 million (+4.6%).

• Interim and year-end dividends are projected at ¥55 per share, up from ¥50 per share in the previous year.