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Harada Industry Lifts Q3 Profits Despite Lower Sales, Keeps Dividend Outlook

Story Highlights
  • Harada Industry’s Q3 sales fell but profits surged, boosting earnings per share and strengthening its balance sheet.
  • The company kept its annual dividend forecast and expects full-year sales to drop while maintaining positive profitability.
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Harada Industry Lifts Q3 Profits Despite Lower Sales, Keeps Dividend Outlook

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Harada Industry Co., Ltd. ( (JP:6904) ) has issued an announcement.

Harada Industry reported third-quarter fiscal 2025 consolidated net sales of ¥31.0 billion, down 8.3% year on year, but achieved substantial profit growth, with operating profit up 25.5% to ¥2.62 billion and profit attributable to owners of parent more than doubling to ¥1.99 billion. Earnings per share rose to ¥94.48, and the company strengthened its financial position as total assets declined moderately while net assets and the capital adequacy ratio improved.

Despite weaker sales, Harada Industry plans to maintain its annual dividend forecast of ¥7.50 per share for fiscal 2025, signaling continued shareholder returns. The company projects full-year net sales of ¥40.0 billion, a 10.7% decline, and modest profit easing versus the prior year, suggesting that the strong third-quarter performance may normalize as the year progresses while overall profitability remains positive.

The most recent analyst rating on (JP:6904) stock is a Hold with a Yen466.00 price target. To see the full list of analyst forecasts on Harada Industry Co., Ltd. stock, see the JP:6904 Stock Forecast page.

More about Harada Industry Co., Ltd.

Harada Industry Co., Ltd. is a Japan-based manufacturer listed on the Tokyo Stock Exchange, operating in the electronics and components sector. The company focuses on automotive-related and industrial products, generating consolidated net sales in the tens of billions of yen and maintaining a solid equity base with a capital adequacy ratio above 30%.

Average Trading Volume: 14,611

Technical Sentiment Signal: Hold

Current Market Cap: Yen10.61B

See more insights into 6904 stock on TipRanks’ Stock Analysis page.

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