Source disclosure: February 03, 2026
HIRAKAWA HEWTECH CORP. [5821.T]
TOKYO, Feb 03 (Pulse News Wire) – Hirakawa Hewtech Corp. (5821.T) reported a 18% increase in revenue for its fiscal year ending March 2026's third quarter, reaching ¥28.545 billion compared to ¥23.47 billion in the same period last year.
Operating profit fell to ¥1.327 billion from ¥1.632 billion, while net income attributable to shareholders surged to ¥2.935 billion from ¥1.589 billion. In detail, sales of automotive cables and medical products showed significant growth, driven by strong demand in North America and new product launches. Industrial machinery cables saw modest gains, except for those produced by Goshikawa Cable, which were excluded from the comparison.
Medical components experienced a decline due to inventory adjustments by key customers. Looking ahead, the company forecasts total revenue of ¥35 billion for the fiscal year, up from the initial estimate of ¥36.5 billion. It expects operating profit to reach ¥3.1 billion, reflecting improved margins despite rising copper prices and increased research and development expenses.
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