Hakuto Co.,Ltd. (7433) Stock Price

Hakuto's main business operations include the sale and import/export of electronic and electrical equipment and electronic components, as well as the manufacturing and sale of industrial chemicals. These operations are conducted through Hakuto and its 15 subsidiaries and 1 affiliated company.

Hakuto's business segments are divided into electronic components, electronic and electrical equipment, chemicals, and other operations. In the electronic components segment, Hakuto and its subsidiaries sell electronic components, with some transactions occurring between subsidiaries. Moldec Corporation handles the manufacturing, sale, and processing of electronic components.

In the electronic and electrical equipment segment, Hakuto and its subsidiaries sell electronic and electrical equipment. Some equipment is sourced from the affiliated company Sun-A Giken Corporation, and transactions also occur between subsidiaries.

In the chemicals segment, Hakuto manufactures and sells petroleum and petrochemical-related products, paper and pulp-related products, and cosmetic base materials. This segment will be renamed "Chemicals Business" starting from the fiscal year ending March 2026.

As other operations, Hakuto operates a solar power generation business. Hakuto Logistics Corporation provides contract manufacturing services, and Clearize Corporation provides contract analysis services and water treatment services.

Hakuto has formulated its medium-term management plan "Hakuto 2028," with the fiscal year ending March 2029 as its final year, and is advancing its growth strategy. Under this plan, the company aims to enhance customer value by leveraging its strengths as a hybrid enterprise that combines trading company and manufacturer functions across two business domains: Electronics and Chemicals.

The company envisions expanding its role as an "enabler" that accelerates customer evolution in the electronics industry, where high growth is expected from AI-related investments. To realize this vision, the company prioritizes delivering high value to customers, pursuing cutting-edge technology, and inspiring people.

As a business strategy, the company aims to acquire new value through M&A and capital partnerships, and to deepen focus businesses and adjacent areas. Additionally, it has established a "Business Incubation Center" dedicated to new business development to promote business and solution development from a company-wide perspective.

The company has set management targets for the fiscal year ending March 2029 of consolidated net sales of 2.5 billion yen or more, consolidated operating profit margin of 4.0% or more, and ROE of 10% or more. Toward these targets, the company is strengthening the provision of combined value through products and solutions tailored to customer needs.

In human resources strategy, the company aims to secure diverse talent through strengthened recruitment of engineering professionals, development of female managers, and enhanced online education systems. As part of its DX strategy, the company is promoting "company-wide participation in Hakuto digital transformation" and focusing on developing DX talent.

Regarding shareholder return policy, the company has set a dividend payout ratio of 70% (±5%) and a dividend on equity (DOE) floor of 5%, aiming for stable shareholder returns while balancing growth investments. Through these measures, the company seeks to improve capital efficiency and enhance corporate value.