Hayashikane Sangyo reports Q3 operating profit increase despite revenue decline

TOKYO, May 15 (Pulse News Wire) – Hayashikane Sangyo CO.,LTD. (2286.T) reported a consolidated operating profit of ¥1.316 billion for the fiscal year ending March 2026, marking a 240 million yen increase compared to the previous year.

However, the company's consolidated revenue decreased to ¥45.586 billion from ¥49.267 billion due to reduced sales volumes in its fish feed division. In the food sector, the company saw an increase in pork meat sales volume, contributing to higher revenues and improved operational performance. Specifically, the "Mist Island Black Pig" farm breeding results showed significant improvement, leading to increased profits. Despite this, overall revenue declined slightly due to lower sales in the fish feed division.

For the upcoming fiscal year, Hayashikane Sangyo projects consolidated revenue of ¥45 billion and an operating profit target of ¥1 billion. The company also plans to enhance overseas expansion efforts in functional food materials and expand its processed food exports to markets such as Malaysia. Additionally, the firm declared a dividend of ¥43 per share for the fiscal year ending March 2026, up from ¥25 per share in the previous year. The dividend payout ratio was set at 28%, reflecting the company’s strong financial position.