Haseko Corporation Reports 7.6% Increase in Net Sales for FY Ended March 2025; Net Profit Down 38.5% Year on Year

Reuters
2025.09.05 07:36
portai
I'm PortAI, I can summarize articles.

Haseko Corporation reported a 7.6% increase in net sales for the fiscal year ending March 2025, totaling 1,177.4 billion yen, driven by higher construction contract sales and real estate transactions. However, net profit fell 38.5% year-on-year to 34.5 billion yen due to extraordinary losses. Operating profit decreased by 1.2% to 84.7 billion yen, while ordinary profit slightly increased by 0.1% to 83.4 billion yen. The Construction-Related Business generated 796.7 billion yen in sales, and the Real Estate-Related Business saw a 36.3% increase to 174.7 billion yen.

Haseko Corporation has reported its financial results for the fiscal year ended March 2025. The company’s net sales increased by 7.6% year-on-year, reaching 1,177.4 billion yen, driven by higher sales of completed construction contracts and increased transaction volumes in real estate. Despite this growth in sales, the operating profit decreased by 1.2% year-on-year to 84.7 billion yen due to a rise in Selling, general and administrative expenses. The ordinary profit saw a slight increase of 0.1% year-on-year, totaling 83.4 billion yen. However, the net profit attributable to owners of parents experienced a notable decline of 38.5% year-on-year, amounting to 34.5 billion yen. This decrease is attributed to extraordinary losses, including impairment losses, losses on valuation of investment securities, and provisions for loss on litigation in the overseas-related business segment. In terms of segment performance, the Construction-Related Business recorded net sales of 796.7 billion yen, and the Real Estate-Related Business saw a significant sales increase to 174.7 billion yen, up 36.3% from the previous year. The Service-Related Business posted net sales of 276.4 billion yen, while the Overseas-Related Business reported net sales of 3.5 billion yen. Despite some segments facing challenges, the company achieved growth in certain areas, such as an increase in the number of units managed in rental condominiums and corporate housing management services, totaling 194,222 units, a 1.6% increase from the previous fiscal year. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Haseko Corporation published the original content used to generate this news brief on September 05, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here