
Hagiwara Electric Profit Falls Despite Steady Sales, Outlook and Dividend Intact

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Hagiwara Electric Holdings Co reported consolidated net sales of ¥195.3 billion for the nine months ending December 31, 2025, remaining flat year-on-year. However, operating profit fell by 25.1% to ¥4.1 billion, and profit attributable to owners dropped 41.5% to ¥1.8 billion due to margin pressure. Despite these declines, the company maintained its full-year outlook and annual dividend forecast of ¥185 per share, reflecting confidence in meeting targets. Hagiwara Electric operates in the electronics sector and is listed on the Tokyo and Nagoya stock exchanges under code 7467.
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