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Daiseki Eco. Solution, First Half Ordinary Profit Increases by 21%, Second Half Dividend Postponed
1712 Daiseki Eco. Solution Co.,Ltd. 【J-GAAP】
Earnings ReportDaiseki Eco. Solution Co.,Ltd. <1712> [TSE Std] announced its financial results after the market closed on October 2nd (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2026 (March to August) increased 21.1% from the same period last year, reaching 1.30 billion yen. Progress toward the full-year plan of 2.40 billion yen was 54.3%, also surpassing the five-year average of 48.5%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the September to February period (second half) is expected to decrease 7.0% from the same period last year to 1.09 billion yen.
At the same time, In conjunction with a Tender Offer Bid (TOB), the company has decided to forgo the the second half of 8 yen for the current fiscal year.
In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit grew 15.5% from the same period last year, reaching 0.60 billion yen. However, the operating profit margin decreased from 12.3% in the same period last year to 10.1%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Aug, 2023 | 13,632 | 1,741 | 1,754 | 1,092 | 65.0 | 62.2 | Oct 2, 2023 | J-GAAP |
| Mar - Aug, 2024 | 8,907 | 1,067 | 1,075 | 596 | 35.5 | 47.7 | Oct 1, 2024 | J-GAAP |
| Mar - Aug, 2025 | 11,458 | 1,253 | 1,302 | 790 | 47.1 | 54.3 | Oct 2, 2025 | J-GAAP |
| YoY | +28.6% | +17.4% | +21.1% | +32.6% | +32.4% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Aug, 2025 Guidance | 10,700 | 1,180 | 1,190 | 660 | 39.3 | 8 | Apr 8, 2025 | J-GAAP |
| Mar - Aug, 2025 Results | 11,458 | 1,253 | 1,302 | 790 | 47.1 | 8 | Oct 2, 2025 | J-GAAP |
| Revision Rate | +7.1% | +6.2% | +9.4% | +19.7% | +19.8% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2026 Prev | 21,000 | 2,380 | 2,400 | 1,350 | 80.3 | 16 | Apr 8, 2025 | J-GAAP |
| Feb, 2026 New | 21,000 | 2,380 | 2,400 | 1,350 | 80.3 | 8 | Oct 2, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Feb, 2024 | 11,037 | 1,186 | 1,181 | 638 | 38.0 | 7 | Apr 8, 2025 | J-GAAP |
| Sep - Feb, 2025 Guidance | 9,542 | 1,127 | 1,098 | 560 | 33.3 | 0 | Oct 2, 2025 | J-GAAP |
| YoY | -13.5% | -5.0% | -7.0% | -12.2% | -12.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 | 24,150 | 2,792 | 2,818 | 1,781 | 106.1 | 12 | Apr 4, 2024 | J-GAAP |
| Feb, 2025 | 19,944 | 2,253 | 2,256 | 1,234 | 73.5 | 14 | Apr 8, 2025 | J-GAAP |
| Feb, 2026 Guidance | 21,000 | 2,380 | 2,400 | 1,350 | 80.3 | 8 | Oct 2, 2025 | J-GAAP |
| YoY | +5.3% | +5.6% | +6.4% | +9.4% | +9.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun - Aug, 2024 | 4,160 | 512 | 522 | 294 | 17.5 | 12.3 | Oct 1, 2024 | J-GAAP |
| Sep - Nov, 2024 | 5,268 | 604 | 604 | 343 | 20.4 | 11.5 | Jan 6, 2025 | J-GAAP |
| Dec - Feb, 2024 | 5,769 | 582 | 577 | 295 | 17.6 | 10.1 | Apr 8, 2025 | J-GAAP |
| Mar - May, 2025 | 5,891 | 690 | 699 | 427 | 25.5 | 11.7 | Jul 2, 2025 | J-GAAP |
| Jun - Aug, 2025 | 5,567 | 563 | 603 | 363 | 21.6 | 10.1 | Oct 2, 2025 | J-GAAP |
| YoY | +33.8% | +10.0% | +15.5% | +23.5% | +23.3% |
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