Harima-Kyowa (7444) Q4 2026 earnings summary

Executive summary

• Revenue decreased by 3.2% year-over-year to ¥59,843 million due to client transaction reviews, despite strong sales of seasonal consumables.

• Operating profit declined 11.4% to ¥1,693 million, impacted by initial costs and depreciation from the new logistics center.

• Ordinary profit rose 8.0% to ¥2,084 million, aided by insurance cancellation income.

• Net income attributable to shareholders increased 17.4% to ¥1,513 million.

Financial highlights

• Gross profit was ¥7,230 million, with operating margin at 2.8% and net margin at 2.5%.

• Comprehensive income nearly doubled to ¥1,717 million.

• EPS rose to ¥281.16 from ¥239.59 year-over-year.

• Cash and equivalents at year-end were ¥3,658 million, up ¥234 million from the prior year.

Outlook and guidance

• FY2027 revenue is forecast to grow 6.9% to ¥64,000 million.

• Operating profit is expected to rise slightly to ¥1,700 million, but ordinary profit and net income are projected to decline due to absence of one-time insurance income and higher depreciation.

• Net income forecast is ¥1,230 million, down 18.7% year-over-year.