TOKYO, Apr 28 (Pulse News Wire) – Hokkaido Denko Co., Ltd. (1832.T) announced today that its fiscal year 2026 earnings forecast has been revised upwards due to improved sales performance.
The company reported higher-than-expected results compared to its previous estimates released on April 01, 2025. In the consolidated financial outlook for the fiscal year ending March 31, 2026, the company's revenue increased from the previously estimated ¥70.80 billion to ¥72.44 billion. Operating profit rose from ¥3.960 billion to ¥4.974 billion, while ordinary profit grew from ¥4.150 billion to ¥5.185 billion. Net income attributable to shareholders also saw a significant increase, jumping from ¥2.810 billion to ¥3.717 billion, marking growth rates of 25.6%, 24.9%, and 32.3%, respectively.
For individual performance during the same period, revenue was revised upward from ¥70.10 billion to ¥71.81 billion. Operating profit climbed from ¥3.720 billion to ¥4.798 billion, ordinary profit from ¥4.070 billion to ¥5.193 billion, and net income attributable to shareholders from ¥2.800 billion to ¥3.780 billion, reflecting growth rates of 29.0%, 27.6%, and 35.0%. The company attributed the positive revisions primarily to advancements in power-related construction projects, which contributed significantly to the overall improvement in sales figures. Additionally, the enhanced profitability stemmed from the robust sales performance, leading to better-than-projected earnings across various metrics.
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