Heiwado (8276) Operating Income Decreased -17.1% to 5.665 billion yen

Heiwado (8276) announced consolidated results for the first half of the fiscal year ending February 2027 (February 21 to August 20, 2026), reporting operating revenue of 230.489 billion yen, representing a 3.1% increase compared to the same period of the previous year. Meanwhile, operating income decreased by -17.1% year-on-year to 5.665 billion yen, ordinary income fell by -17.6% to 6.19 billion yen, and net income attributable to owners of the parent for the first half declined by -27.0% to 3.58 billion yen. Comprehensive income increased by 2.5% to 5.185 billion yen.

Examining the financial position and cash flows, the equity ratio stands at 62.2%, short- and long-term borrowings total 20.601 billion yen, and retained earnings amount to 163.876 billion yen. Operating cash flow stood at 11.426 billion yen, while free cash flow, calculated as operating plus investing cash flow, was 2.209 billion yen. Cash and cash equivalents totaled 19.331 billion yen. Profits declined, while operating cash flow remained positive.