Harima-Kyowa (7444) Q3 2026 earnings summary

Executive summary

• Revenue for the nine months ended December 31, 2025, was ¥45,266 million, down 7.2% year-over-year due to customer transaction reviews despite strong sales of heat countermeasure and inbound-related products.

• Operating profit declined 14.4% year-over-year to ¥1,409 million, impacted by initial costs and depreciation from the new Chubu Komaki Logistics Center.

• Ordinary profit rose 7.0% year-over-year to ¥1,792 million, aided by insurance cancellation income.

• Net income attributable to owners of the parent increased 8.0% year-over-year to ¥1,205 million.

Financial highlights

• Gross profit for the period was ¥5,774 million, slightly down from ¥5,742 million year-over-year.

• EPS for the period was ¥223.89, up from ¥207.41 in the prior year.

• Comprehensive income rose 44.8% year-over-year to ¥1,458 million, driven by gains in securities valuation.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥59,000 million, a 4.6% increase over the previous year.

• Operating profit is projected at ¥1,400 million (down 26.8% year-over-year), ordinary profit at ¥1,770 million (down 8.3%), and net income at ¥1,230 million (down 4.6%).

• Dividend forecast is ¥55 per share for the year, unchanged from previous guidance.