Hakudo Co., Ltd. · TSE:7637
Hakudo — Q1 FY03/26 Earnings Presentation
25 slides from Hakudo's earnings presentation, Aug 8, 2025
Slide 1: Investor Meeting for the First Quarter Fiscal Year Ended March 31, 2026
Investor Meeting for the First Quarter Fiscal Year Ended on March 31, 2026 Hakudo Co., Ltd. (7637) August 8, 2025 2025 © Hakudo Co., Ltd. All rights reserved.
Slide 2: Table of Contents
Table of Contents 1． Q1 FY03/26 Results P.2 2． FY03/26 Financial Forecasts P.16 3．Progress on Key Strategies Business P.19 Strategies 1 2025 © Hakudo Co., Ltd. All rights reserved.
Slide 3: Q1 FY03/26 Results
Q1 FY03/26 Results 2 2025 © Hakudo Co., Ltd. All rights reserved.
Slide 4: Financial Highlights
Financial Highlights Net sales Gross profit Ordinary profit 17,059 million yen 2,373million yen 475 million yen (up 8.3％ YoY) (down 11.3％ YoY) (down 52.3％ YoY) Q1 FY03/26 Summary Net sales • Sales increased by 8.3% YoY thanks to higher unit selling prices and increased sales volume to the Aircraft/a
Slide 5: Summary of Consolidated Statements of Income (PL)
Summary of Consolidated Statements of Income (PL) Unit: Million yen YoY YoY Sales Sales Q1 FY03/25 Q1 FY03/26 Change Change ratio ratio (rate) (amount) Net sales 15,745 - 17,059 - 8.3% 1,313 Standard stock items 9,497 60.3% 9,521 55.8% 0.3% 24 Special-order items 6,248 39.7% 7,537 44.2% 20.6% 1,289
Slide 6: Factors Affecting Year-on-Year Change in Net Sales
Factors Affecting Year-on-Year Change in Net Sales • Higher unit selling prices contributed to sales growth of Standard stock items by JPY 9 million YoY. though its sales volumes decreased. • On the other hand, higher unit selling prices and increase in the sales volumes contributed to sales growth
Slide 7: Net Sales by Product Category
Net Sales by Product Category • Aluminum and Stainless steel increased QoQ due to increase in both the unit selling prices and sales growth in North America • Other products including Titanium increased QoQ due to increase the sales volumes • Copper decreased QoQ due to the price decrease of raw mat
Slide 8: Composition Ratio of Net Sales by Industry (Japan)
Composition Ratio of Net Sales by Industry (Japan) • Sales to Aircraft/Aerospace industry significantly increased QoQ due to the sustained recovery in commercial aircraft demand and favorable trend in public sector demand. • Sales to Semiconductor/FPD production equipment industry increased though i
Slide 9: Financial Performance by Segment
Financial Performance by Segment • We posted an ordinary profit loss by JPY109 million in North America segment due to a sluggish economy caused by a shortage of capital expenditure and foreign currency exchange loss. • In China, both of operating and ordinary profit increased due to decrease in pur
Slide 10: Sales Ratio by Segment
Sales Ratio by Segment • 【 Japan 】Aluminum products are a large proportion of sales and sales ratio of copper products and stainless steel products is the same due to the large sales to the semiconductor manufacturing equipment industry. • 【North America】 Stainless steel products are a large proport
Slide 11: Factors Affecting Year-on-Year Change in Ordinary Profit
Factors Affecting Year-on-Year Change in Ordinary Profit • Ordinary profits decreased QoQ, as the sales volumes of Standard stock items decreased and manufacturing expenses, logistics and labor costs increased, Unit: Million yen 996 1,777 +131 ＋89 3,214 △37 ＋63 △517 475 △118 ←Ordinary profit △132 ex
Slide 12: Balance Sheet (BS)
Balance Sheet (BS) • Cash and deposits decreased due to payment of corporate tax and dividends, and notes and accounts receivable – trade increased due to sales growth. Unit: Million yen Assets As of March 31, 2025 Composition ratio As of June 30, 2025 Composition ratio Change Current assets: Down J
Slide 13: Business Environment (1): Raw Material Market Trends
Business Environment (1) Raw Material Market Trends for Aluminum, Copper and Stainless Steel • Raw material market has been very volatile currently. • We shall continue to watch future market trends closely such as currency exchange rate which has been very unstable recently. Unit: Thousand yen per
Slide 14: Business Environment (2): Semiconductor Equipment vs Standard Stock Sales
Business Environment (2) Comparison of Semiconductor Production Equipment Sales and Standard Stock Items Sales ・ The market for AI generation remained favorable, but demand in the Chinese market began to slow and it still did not fully recover due to a weak demand of memory chips. Hakudo’s net sales
Slide 15: Business Environment (3): Machine Tool Orders vs Standard Stock Sales
Business Environment (3) Comparison of Machine Tool Orders and Standard Stock Items Sales • Sales orders decreased by 4.4% (domestic orders) and increased by 6.5% (overseas orders) YoY(April- June). Order amount Hakudo’s net sales of (Billion yen) Hakudo’s net sales standard stock items (Billion yen
Slide 16: Business Environment (4): Aluminum Sales vs Rolled Aluminum Shipments
Business Environment (4) Ratio of Hakudo aluminum product sales to rolled aluminum product shipment value • Hakudo’s aluminum product sales have continued to be around 30% of rolled aluminum product shipment value. Rolled aluminum Ratio of products Hakudo aluminum (Billion yen) sales vs. shipment am
Slide 17: FY03/26 Financial Forecasts
FY03/26 Financial Forecasts 16 2025 © Hakudo Co., Ltd. All rights reserved.
Slide 18: Downward Revision of FY03/26 Financial Forecasts
Downward Revision of FY03/26 Financial Forecasts • Financial results for the Q1 of FY03/26 did not meet our expectations at the beginning of the fiscal year because sales volume to the semiconductor manufacturing equipment industry declined significantly due to sluggish demand in that sector. • Cont
Slide 19: Shareholder Returns (Dividends)
Shareholder Returns (Dividends) • Based on the downward revision of Q2 FY03/25 Financial Forecasts, the interim dividend for the FY03/26 revised downward to 27 yen per share (△21 yen from the beginning of the fiscal year 2026 ). • The annual dividend for the FY03/26 is expected to be decreased to 80
Slide 20: Progress on Key Business Strategies
3.Progress on Key Business Strategies 2025 © Hakudo Co., Ltd. All rights reserved. 19
Slide 21: Progress on Key Business Strategies (1)
Progress on Key Business Strategies (1) Strengthen and expand customer base, raise profit margins through Hakudo Network Service (E-Commerce) evolution companies using Screen and new Hakudo standard stock 15,000companies functional features 5,600 items ＋ registered users ・Improve the usability Inven
Slide 22: Progress on Key Business Strategies (2)
Progress on Key Business Strategies (2) (2) Expand growth fields, strengthen sales Semiconductor Automotive Aircraft/aerospace industry industry industry Q1 FY03/26 Q1FY03/26 Q1 FY03/26 sales ratio sales ratio sales ratio 36.9％ 5.5％ 6.2％ Consolidate the industry through Obtaining new customers Enhan
Slide 23: Progress on Key Business Strategies (3)
Progress on Key Business Strategies (3) (3) Overseas business expansion Overseas Net Sales and Sales Ratio Unit: Million yen Overseas 海外売上高sales 12,000 18.4% 20.0% 10,000 Ratio of sales for overseas 海外向け売上高比率(実績) 15.2% 15.4% 15.0% 8,000 9.2% 9.8% 6,000 10.0% 4,000 5.0% 2,000 0 0.0% FY03/22 2022年 FY0
Slide 24: Progress on Key Business Strategies (4)
Progress on Key Business Strategies (4) （3） Expansion of overseas business Additional Acquisition of Shares in West Coast Aluminum & Stainless, LLC At a board of directors meeting held on May 14, 2025, the Company resolved to acquire additional shares in West Coast Aluminum & Stainless, LLC, a conso
Slide 25: Thank you very much for your attention.
Thank you very much for your attention. ■Hakudo Official Social Media Accounts We have created official accounts on LINE and Facebook to regularly disseminate product introductions, exhibition announcements and other useful information. Please use the QR codes to follow Hakudo online! ■Disclaimer Th