Hagihara Industries [HI] (7856 JP) reported FY25 (Oct year-end) 1H earnings results on 9 June 2025, producing 1H operating profit [OP] of ¥899mil (-30.8% YoY) on sales of ¥16,400mil (+0.2% YoY) versus 1H OP guidance of ¥1,160mil (-10.7% YoY) on sales of ¥16,780mil (+2.5% YoY). Although 1H sales hit a record in semi-annual sales, 1H OP declined -30.8% YoY. HI forecasts FY25 RP of ¥2,500mil (+14.2% YoY) vs the RP target of ¥3,300mil. Under the current medium-term plan (FY23~FY25), the company has allocated total capital spending of ¥14,000mil, comprising ¥10,500mil for investments and ¥3,500mil for shareholders’ return. In FY25, HI plans to pay an annual dividend of ¥65.00/share vs. ¥50.00/share planned under the medium-term plan. Total return to shareholders in FY25 will likely be 70% (40% or more from dividends). The firm plans to cancel excess treasury shares above 5% of shares outstanding.
