HIRAYAMA HOLDINGS (7781) Q4 2025 earnings summary

Executive summary

• Achieved year-over-year increases in both revenue and profit, driven by domestic production recovery, strong domestic demand, and improved operational efficiency.

• Insourcing & staffing led performance, offsetting overseas weakness, especially in Thailand.

• Strategic investments in personnel, recruitment, training, and high-value projects supported future growth.

• Overseas operations, particularly in Thailand, faced stagnation and headwinds but maintained profitability through cost control.

Financial highlights

• Revenue: ¥36,220 million, up 2.6% year-over-year.

• Operating profit/income: ¥1,270 million, up 13.5% year-over-year.

• Net income attributable to parent/shareholders: ¥858 million, up 13.3% year-over-year.

• Gross profit margin improved to 18.2% from 16.9% the previous year.

• EPS: ¥112.36, up from ¥102.32 last year.

Outlook and guidance

• FY2026 revenue forecast: ¥37,770 million (+4.3% YoY); operating profit: ¥1,341 million (+5.6% YoY); net income: ¥883 million (+2.9% YoY).

• 15th consecutive year of revenue growth expected, with record profits at all levels.

• Continued focus on raising unit prices, new graduate placements, and high-skill workforce development.

• Segment guidance: growth in domestic staffing and engineering, contraction in overseas and other businesses.