August 2025
HANWA CO., LTD.
- Summary of FY2025 Q1 Financial Results and Progress
- Progress on Medium-Term Business Plan 2025
- Details by Business Segment
1. Summary of FY2025 Q1 Financial Results and Progress
Summary of Consolidated Financial Results
Ordinary income for FY2025 Q1 was 14.0 bil. yen, making 25% progress toward the full-year forecast of 55 bil. yen. The full-year forecast remained unchanged.
FY2024 (billions of yen) Q1 Results | FY2025 Q1 Results | Y on Y change (Rate) | |
Net Sales | 618.4 | 639.8 | +21.4 (+3%) |
Gross Profit | 31.4 | 34.1 | +2.7 (+9%) |
Operating Income | 13.1 | 14.5 | +1.4 (+11%) |
Ordinary Income | 12.3 | 14.0 | +1.6 (+13%) |
Net Income Attributable to Owners of the Company | 9.2 | 9.9 | +0.7 (+8%) |
FY2025 Forecast | Progress |
2,600 | 25% |
- | - |
55 | 27% |
55 | 25% |
40 | 25% |
Consolidated Steel Transaction Volume (million metric tons) *1 | 3.22 | 3.58 | +0.36 (+11.2%) |
－ －
*1 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）
Business Segment | FY2024 Q1 | FY2025 Q1 | Y on Y Change (Y on Y Rate) | |
Steel | 7.7 | 9.7 | +2.0 (+26%) | |
Primary Metal | 1.1 | -0.5 | -1.7 - | |
Metal Recycling | 0.7 | -0.0 | -0.8 - | |
Foods | 0.3 | 0.9 | +0.5 (+151%) | |
Energy & Living Materials | 1.4 | 2.4 | +1.0 (+68%) | |
Overseas Sales Subsidiaries | 1.6 | 1.8 | +0.2 (+13%) | |
Other | 0.9 | 0.6 | -0.3 (-33%) | |
Adjustment | -1.8 | -1.0 | +0.8 - | |
Total | 12.3 | 14.0 | +1.6 (+13%) |
Main Factors |
Profits increased due to steady sales of construction materials, solid performance in the domestic construction sector. Sales at some overseas subsidiaries improved. |
Although the standalone results showed increased profits due to higher transaction volumes of stainless products and other items, consolidated profits declined due to equity in losses from SAMANCOR CHROME HOLDINGS PROPRIETARY LTD. Profits decreased due to a decline in market prices of aluminum and nickel. |
Sales to the food service industry in U.S. subsidiaries remained strong, and a newly consolidated subsidiary performed well. |
Sales of wood pellets remained firm, and profitability improved in some subsidiaries. |
There was an increase in scrap transactions in Southeast Asia and newly consolidated companies contributed to overall performance. |
Housing Materials: Market prices of European lumber were lower. Machinery: There was an increase in completed projects in industrial machinery. |
Ordinary Income
by Segment
14.0
12.3
0.9
1.6
0.6
1.8
2.4
1.4
0.3
0.7
1.1
0.9
9.7
7.7
-1.8
FY2024 1Q
-0.0-0.5
-1.0
FY2025
1Q