Hayashikane Sangyo Reports Lower Net Profit for FY2026 Amid Special Losses

TOKYO, May 15 (Pulse News Wire) – Hayashikane Sangyo CO.,LTD. (2286.T) reported its individual performance for the fiscal year ended March 31, 2026, showing a decline in net profit compared to the previous fiscal year.

For the fiscal year ending March 31, 2026, the company's revenue was ¥46.30 billion, operating profit stood at ¥904 million, ordinary profit reached ¥1.617 billion, while net profit decreased to ¥851 million per share. This represents a reduction of 34.1% in net profit compared to the previous fiscal year’s net profit of ¥1.291 billion.

The decrease in net profit was primarily attributed to special losses recorded due to impairment charges related to shares held in its subsidiary, Kirishima Dream Farm Co., Ltd. Specifically, the company recognized a loss of ¥481 million as a result of the impairment assessment conducted on April 27, 2026, as detailed in their press release dated April 27, 2026.