Results Snapshot
Figures in Million
Consolidate Annual Results
Feb'26
Feb'25
Feb'24
Feb'23
Feb'22
Feb'21
Feb'20
Net Sales
4,56,008.00
4,44,897.00
4,25,423.00
4,15,674.00
4,39,739.00
4,39,325.00
4,33,641.00
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
4,56,008.00
4,44,897.00
4,25,423.00
4,15,674.00
4,39,739.00
4,39,325.00
4,33,641.00
Raw Material Cost
3,03,923.00
2,96,880.00
2,83,025.00
2,77,012.00
3,01,534.00
3,01,748.00
2,96,901.00
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
127.00
68.00
34.00
27.00
26.00
37.00
44.00
Selling and Distribution Expenses
1,38,774.00
1,34,657.00
1,29,216.00
1,27,434.00
1,22,843.00
1,23,539.00
1,26,276.00
Other Expenses
-12.70
-6.80
-3.40
-2.70
-2.60
-3.70
-4.40
Total Expenditure (Excl Depreciation)
4,42,697.00
4,31,537.00
4,12,241.00
4,04,446.00
4,24,377.00
4,25,287.00
4,23,177.00
Operating Profit (PBDIT) excl Other Income
13311
13360
13182
11228
15362
14038
10464
Other Income
1,535.00
2,043.00
298.00
1,949.00
1,208.00
1,069.00
622.00
Operating Profit (PBDIT)
28,736.00
28,639.00
25,969.00
24,688.00
28,475.00
26,945.00
22,512.00
Interest
127.00
68.00
34.00
27.00
26.00
37.00
44.00
Exceptional Items
-1,039.00
-121.00
-2,918.00
-1,243.00
-694.00
-866.00
-1,404.00
Gross Profit (PBDT)
1,52,085.00
1,48,017.00
1,42,398.00
1,38,662.00
1,38,205.00
1,37,577.00
1,36,740.00
Depreciation
13,890.00
13,236.00
12,489.00
11,511.00
11,905.00
11,708.00
11,426.00
Profit Before Tax
13,684.00
15,218.00
10,529.00
11,912.00
15,852.00
14,334.00
9,636.00
Tax
4,161.00
4,384.00
3,670.00
4,416.00
5,156.00
4,623.00
3,587.00
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
9,410.00
10,727.00
6,785.00
7,516.00
10,647.00
9,724.00
6,100.00
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
9,410.00
10,727.00
6,785.00
7,516.00
10,647.00
9,724.00
6,100.00
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
113.00
106.00
74.00
-20.00
48.00
-13.00
-51.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
9,523.00
10,833.00
6,859.00
7,496.00
10,695.00
9,711.00
6,049.00
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Reserves
1,95,794.00
1,89,910.00
1,86,258.00
1,80,380.00
1,75,188.00
1,65,568.00
1,57,969.00
Earnings per share (EPS)
189.28
209.07
129.35
143.3
203.0
185.4
116.32
Diluted Earnings per share
189.28
209.07
129.35
143.3
203.0
185.4
116.32
Operating Profit Margin (Excl OI)
2.92%
3.0%
3.1%
2.7%
3.49%
3.22%
2.41%
Gross Profit Margin
6.05%
6.4%
5.41%
5.63%
6.31%
5.93%
4.86%
PAT Margin
2.06%
2.41%
1.59%
1.81%
2.42%
2.21%
1.41%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Feb 2026 is 2.50% vs 4.58% in Feb 2025
Consolidate Net Profit
YoY Growth in year ended Feb 2026 is -12.09% vs 57.94% in Feb 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Feb 2026 is 2.27% vs 3.60% in Feb 2025
Interest
YoY Growth in year ended Feb 2026 is 86.76% vs 100.00% in Feb 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Feb 2026 has fallen from Feb 2025
Compare Annual Results Of HEIWADO CO., LTD. With
Figures in Million
Consolidate Annual Results
Change(JPY)
Change(%)
Net Sales
4,56,008.00
9,63,761.00
-5,07,753.00
-52.68%
Other Operating Income
0.00
0.00
0.00
Total Operating income
4,56,008.00
9,63,761.00
-5,07,753.00
-52.68%
Raw Material Cost
3,03,923.00
6,74,630.00
-3,70,707.00
-54.95%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
0.00
0.00
Power Cost
0
0
0.00
Manufacturing Expenses
127.00
490.00
-363.00
-74.08%
Selling and Distribution Expenses
1,38,774.00
2,83,112.00
-1,44,338.00
-50.98%
Other Expenses
-12.70
-49.00
36.30
74.08%
Total Expenditure (Excl Depreciation)
4,42,697.00
9,57,742.00
-5,15,045.00
-53.78%
Operating Profit (PBDIT) excl Other Income
13,311.00
6,019.00
7,292.00
121.15%
Other Income
1,535.00
762.00
773.00
101.44%
Operating Profit (PBDIT)
28,736.00
25,714.00
3,022.00
11.75%
Interest
127.00
490.00
-363.00
-74.08%
Exceptional Items
-1,039.00
-5,703.00
4,664.00
81.78%
Gross Profit (PBDT)
1,52,085.00
2,89,131.00
-1,37,046.00
-47.40%
Depreciation
13,890.00
19,901.00
-6,011.00
-30.20%
Profit Before Tax
13,684.00
-381.00
14,065.00
3,691.60%
Tax
4,161.00
2,804.00
1,357.00
48.40%
Provisions and contingencies
0
0
0.00
Profit After Tax
9,410.00
-3,185.00
12,595.00
395.45%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
9,410.00
-3,185.00
12,595.00
395.45%
Share in Profit of Associates
0
0
0.00
Minority Interest
113.00
0.00
113.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
9,523.00
-3,185.00
12,708.00
399.00%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
1,95,794.00
2,00,671.00
-4,877.00
-2.43%
Earnings per share (EPS)
189.28
-16.29
205.57
1,261.94%
Diluted Earnings per share
189.28
-16.29
205.57
1,261.94%
Operating Profit Margin (Excl OI)
2.92%
0.52%
0.00
2.40%
Gross Profit Margin
6.05%
2.03%
0.00
4.02%
PAT Margin
2.06%
-0.33%
0.00
2.39%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 45,600.80 Million
in Feb 2026Figures in Million
YoY Growth in year ended Feb 2026 is 2.50% vs 4.58% in Feb 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 952.30 Million
in Feb 2026Figures in Million
YoY Growth in year ended Feb 2026 is -12.09% vs 57.94% in Feb 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 2,720.10 Million
in Feb 2026Figures in Million
YoY Growth in year ended Feb 2026 is 2.27% vs 3.60% in Feb 2025
Annual - Interest
Interest 12.70 Million
in Feb 2026Figures in Million
YoY Growth in year ended Feb 2026 is 86.76% vs 100.00% in Feb 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 2.92%
in Feb 2026Figures in %
YoY Growth in year ended Feb 2026 has fallen from Feb 2025






