February 2026
HANWA CO., LTD.
Note : This document has been translated from the Japanese original for reference purposes only.
In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
- Summary of FY2025 Q3 Financial Results and Progress
- Progress on Medium-Term Business Plan 2025
- Details by Business Segment
1. Summary of FY2025 Q3 Financial Results and Progress
Summary of Consolidated Financial Results
Ordinary income for the cumulative Q3 of FY2025 was 36.4bn yen, making 66% progress toward the full-year forecast of 55bn
yen. Actual ordinary income amounted to 42.9bn yen―78% of the forecastーafter excluding valuation and temporary items. (See
p.26.)
The full-year forecast remains unchanged (The segment breakdown has been updated).
FY2024 (billions of yen) Q1-3 | FY2025 Q1-3 | YoY change | |
Net Sales | 1,919.5 | 1,965.4 | +45.8 (+2%) |
Gross Profit | 103.8 | 102.3 | -1.5 (-1%) |
Operating Income | 47.3 | 41.4 | -5.9 (-12%) |
Ordinary Income | 43.2 | 36.4 | -6.7 (-16%) |
Net Income Attributable to Owners of the Company | 31.7 | 25.6 | -6.1 (-19%) |
FY2025 Forecast | Progress |
2,600 | 76% |
- | - |
55 | 75% |
55 | 66% |
40 | 64% |
Consolidated Steel Transaction Volume (million metric tons) * | 9.86 | 10.73 | +0.87 (+9%) |
－ －
* Consolidated Trading volume is the simple sum of the weight of steel handled by the Company and its consolidated subsidiaries.
Segment Information (Consolidated)（billions of yen）
Ordinary Income by Segment 43.2 1.5 36.4 6.0 1.4 4.1 7.6 5.6 2.2 3.3 2.9 0.3 2.9 28.2 23.8 -3.9 -2.0 -4.6 FY2024 FY2025 Q1-3 Q1-3 | FY2024 Business Segment Q1-3 | FY2025 Q1-3 | YoY Change (YoY Rate) | |
Steel 23.8 | 28.2 | +4.4 (+19%) | ||
Primary Metal 2.9 | 0.3 | -2.6 (-90%) | ||
Metal Recycling 2.9 | -2.0 | -5.0 (－) | ||
Foods 2.2 | 3.3 | +1.0 (+49%) | ||
Energy & Living 7.6 Materials | 5.6 | -1.9 (-25%) | ||
Overseas Sales Subsidiaries 6.0 | 4.1 | -1.9 (-32%) | ||
Other 1.5 | 1.4 | -0.0 (-3%) | ||
Adjustment -3.9 | -4.6 | -0.6 (－) | ||
Total 43.2 | 36.4 | -6.7 (-16%) | ||
Main Factors |
Increased due to steady sales of construction materials, and improved profitability in some overseas subsidiaries. |
Decreased due to equity in losses from SAMANCOR CHROME HOLDINGS PROPRIETARY LTD. |
Due to valuation losses on derivative transactions used to hedge inventory price fluctuation risks, accounting ordinary income decreased by 5.0bn yen. However, on actual ordinary income, the impact was limited to a 0.2bn yen decrease(FY24 3Q cumulative 2.3bn yen → FY25 3Q cumulative 2.1bn yen). |
Increased due to the sales growth to food service industry in a US subsidiary and the contribution from a newly consolidated subsidiary. |
Decreased due to sluggish crude oil prices and deteriorating profitability in the chemicals business. |
Decreased due to the deterioration mainly in the profitability of steel products. |
Housing Materials: Decreased due to the sluggish European lumber market. Machinery: The number of completed projects in the industrial machinery sector increased. |
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