Source disclosure: February 20, 2026
HOKUTO CORPORATION [1379.T]
TOKYO, Feb 20 (Pulse News Wire) – Hokuto Corporation (1379.T) reported robust earnings for its fiscal third quarter ending March 2026, driven by stable mushroom prices and strong performance in its chemical products division. Revenue reached ¥108 billion, up 16% year-over-year, while operating profit surged 81%, reaching ¥4.38 billion.
The company also announced plans to build a second factory in California to expand operations in the United States. The land acquisition, costing $125 million, is part of its long-term strategy to capitalize on growing demand in North America.
Construction is expected to begin immediately after securing necessary permits. Additionally, Hokuto introduced enhanced shareholder benefits, offering Visa gift cards worth ¥1,500 to shareholders who hold 500 shares continuously for more than one year.
The changes take effect for shareholders recorded in the June 2026 stockholders' registry.
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