Hisaka Works (6247) Q1 2027 earnings summary

Executive summary

• Orders received rose 7.6% year-over-year to ¥11,113 million, driven by strong Heat Exchanger and Valve segment performance, despite a decline in Process Engineering orders.

• Net sales increased 8.0% year-over-year to ¥10,211 million, with overseas net sales up 27.6% and Process Engineering sales boosted by large food equipment deliveries, while Heat Exchanger sales fell due to fewer large overseas projects.

• Operating profit surged 35.9% year-over-year to ¥798 million, and profit attributable to owners of parent rose 48.1% to ¥848 million, supported by improved sales mix.

Financial highlights

• Ordinary profit increased 42.1% year-over-year to ¥1,101 million.

• Gross profit rose to ¥2,590 million from ¥2,391 million year-over-year, with gross margin improving.

• EPS for the quarter was 32.25 yen, compared to 21.19 yen a year earlier.

• Comprehensive income increased 77.1% year-over-year to ¥1,804 million.

• Total assets remained stable at ¥83,072 million as of June 2026.

Outlook and guidance

• Full-year FY2026 orders received forecast at ¥47,000 million, up 10.4% year-over-year.

• Net sales for FY2026 projected at ¥44,000 million, down 2.0% year-over-year.

• Operating profit forecast at ¥3,300 million, nearly flat year-over-year.

• Profit attributable to owners of parent expected to decrease 30.1% to ¥2,410 million.

• Annual dividend forecast maintained at 55.00 yen per share.