Heiwado reports strong interim growth, maintains full-year forecast

Heiwado Co., Ltd. reported consolidated operating revenue of 223,539 million yen for the six months ended August 20, 2025, a 3.2% increase year-on-year. Operating profit rose 8.4% to 6,833 million yen, while ordinary profit grew 6.3% to 7,512 million yen. Profit attributable to owners of parent increased by 7.4% to 4,904 million yen, resulting in basic earnings per share of 98.23 yen. The company’s total assets slightly decreased to 305,729 million yen, with net assets increasing to 192,706 million yen.

The retail business, the Group's core segment, saw increased revenue and profit due to customer growth and higher average spending. Strategic initiatives under the "Fifth Medium-Term Management Plan," including enhancing price appeal, contributed to this performance. The company also confirmed the purchase of 1,000,000 shares of treasury stock, leading to an increase in treasury shares to 5,165 million yen as of August 20, 2025.

Despite the positive interim results, Heiwado has maintained its full-year consolidated earnings forecasts for the fiscal year ending February 20, 2026, as previously announced on April 3, 2025. The company projects full-year operating revenue of 456,000 million yen and profit attributable to owners of parent of 10,800 million yen (217.09 yen per share). The interim dividend for the current period is set at 33.00 yen per share, with an expected annual dividend of 66.00 yen per share.