Harima-Kyowa (7444) Q1 2027 earnings summary

Executive summary

• Revenue increased 11.9% year-over-year to ¥17,436 million, driven by steady demand for daily necessities amid geopolitical uncertainty.

• Operating profit declined 25.0% year-over-year to ¥420 million due to higher expenses, including depreciation from a new logistics center.

• Net income attributable to shareholders fell 16.4% year-over-year to ¥271 million.

Financial highlights

• Revenue: ¥17,436 million (up 11.9% year-over-year).

• Operating profit: ¥420 million (down 25.0% year-over-year).

• Ordinary profit: ¥465 million (down 20.4% year-over-year).

• Net income attributable to shareholders: ¥271 million (down 16.4% year-over-year).

• EPS: ¥50.41 (down from ¥60.29 year-over-year).

Outlook and guidance

• Full-year revenue forecast: ¥64,000 million (up 6.9% year-over-year).

• Full-year operating profit forecast: ¥1,700 million (up 0.4% year-over-year).

• No change to previously announced earnings guidance.

• Dividend forecast unchanged at ¥60 per share.