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Hakudo Nine-Month Profit Slides Amid Tepid Revenue Growth

Tokyo-listed industrial supplier Hakudo Co. Ltd. saw its net profit fall to ¥1.44 billion for the nine months ended Dec. 31, reflecting a broader slowdown in revenue and operating margins compared to the previous year.

Hakudo Nine-Month Profit Slides Amid Tepid Revenue Growth

The company’s revenue for the three-quarter period totaled ¥49.68 billion, a slight retreat from the ¥50.15 billion reported during the same window in 2024. This top-line pressure contributed to a contraction in profitability as the firm navigated shifting market conditions for its core distribution business.

Eroding Operating Margins

Operating profit dropped to ¥1.95 billion, down from ¥2.21 billion a year earlier, according to the group's latest financial disclosure. Pretax profit similarly declined to ¥2.15 billion from ¥2.34 billion, highlighting the impact of higher costs or lower volume on the company’s bottom line.

The earnings per share (EPS) for the period stood at ¥126.69, compared to ¥137.22 in the prior year. These results, calculated under Japanese accounting standards, underscore a period of consolidation for the firm as it manages its position on the Tokyo Stock Exchange under the ticker 7637.TO.

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