5989.T

Aug 7, 2026, 02:23 UTC

H-One Co., Ltd. announced its consolidated results for the first quarter of fiscal year ending March 2027 (April-June 2026), reporting sales of 50.862 billion yen (up 0.4% year-on-year), operating profit of 1.441 billion yen (down 43.6%), and net profit of 1.446 billion yen (down 9.9%). The sharp decline in operating profit was driven by a drop in production of automotive frames for its main customer and one-time costs from structural reforms, with the China segment falling to an operating loss.