TOKYO, May 15 (Pulse News Wire) – Hakuten Corporation (2173.T) reported a revenue increase of 13.8% to ¥138 million for the fiscal first quarter ending March 2026 compared to the same period last year. However, operating profit declined to ¥138 million from ¥296 million due to higher raw material costs and increased investment in personnel and future growth initiatives.
The company's EPS dropped to ¥6.5 per share from ¥12.4 per share in the previous year. Despite the lower earnings, Hakuten maintained its dividend payout ratio target of 24.5%, aiming to balance growth investments with shareholder returns.
In sustainability efforts, Hakuten collaborated with we+ and Semaden to develop a seaweed-based adhesive called LOOPGLUE aimed at promoting resource circulation in the exhibition industry. The company also achieved a significant portion of its KPI targets related to sustainable implementation in events.
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