HASEKO (1808) investor relations material

Executive summary

• Net sales rose to JPY 312.1 bn, up 9.2% year-over-year for 1Q FY2026, with ordinary profit surging 58.9% to JPY 30.5 bn, and profit attributable to owners of parent up 68.5% to JPY 21.3 bn, driven by improved gross profit ratios and high-value real estate deliveries.

• Orders received (non-consolidated) nearly doubled to JPY 248.8 bn, up 93.8% year-over-year, aligning with annual forecasts.

• Comprehensive income surged 147.5% year-over-year to JPY 20.2 bn.

Financial highlights

• Gross profit increased 24.3% year-over-year to JPY 51.8 bn, with operating profit up 46.0% to JPY 29.9 bn and ordinary profit at JPY 30.5 bn (up 58.9%).

• Profit attributable to owners of parent rose 68.5% to JPY 21.3 bn.

• Basic earnings per share increased to JPY 80.39 from JPY 46.34 year-over-year.

• Net sales of real estate sales climbed 23.7% to JPY 127.2 bn, and gross profit from real estate sales rose 16.9% to JPY 17.5 bn.

• Total assets decreased to JPY 1,353.1 bn from JPY 1,417.7 bn at the previous fiscal year-end, mainly due to lower cash and deposits.

Outlook and guidance

• Progress toward the FY2026 annual net sales forecast (JPY 1,380.0 bn) reached 22.6% after 1Q, with full-year consolidated net sales forecast at JPY 1,380.0 bn (up 8.4% year-over-year), operating profit projected at JPY 110.0 bn (up 11.4%), and profit attributable to owners of parent at JPY 66.0 bn (up 20.4%).

• Dividend forecast for FY2027 is JPY 100 per share, up from JPY 95 in the previous year.

• No change to consolidated financial results forecast despite internal restructuring; non-consolidated profit forecast revised downward due to absence of expected extraordinary income.