TOKYO, May 22 (Pulse News Wire) – Hokuto Corporation (1379.T) reported robust revenue growth for the fiscal year ending March 2026, achieving sales of ¥85.90 billion and net income of ¥7 billion. Domestic mushroom operations contributed significantly to the results, with increased marketing efforts maintaining high prices and driving revenue up by ¥28 billion compared to the previous year.
The company also saw a rise in operating profit by ¥4 billion, despite challenges in its overseas markets, particularly in Malaysia. Efforts to build a new factory in North America continued steadily. Additionally, Hokuto advanced shareholder returns through increased annual dividends and expanded shareholder benefits. Looking ahead, the firm plans to enhance profitability further by focusing on energy management, cost reduction initiatives, and expanding specialty mushroom demand.
The mid-term business plan targets sales of ¥180 billion, operating profits of ¥19 billion, an operating margin of 11%, and a return on invested capital (ROIC) of 12% by the final fiscal year in March 2029. Current progress aligns well with these goals, showing sales at ¥91 million and operating profits at ¥10.00 billion. In addition, Hokuto acquired Mashroom Boatshape Co., Ltd., enhancing its product lineup and solidifying its position in the domestic market. The acquisition reflects the growing demand for mushrooms in Japan and strengthens Hokuto's competitive edge.
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