kabutan

Daiwa Securities, First Half Ordinary Profit Decreases by 11%, Jul-Sep Ordinary Profit Decreases by 26%

Tue Nov 4, 2025 11:30 am JST Earnings

8601 Daiwa Securities Group Inc. 【J-GAAP】

Earnings Report

Daiwa Securities Group Inc. <8601> [TSE Prime] announced its financial results at noon (11:30) on November 4th. The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 11.5% from the same period last year to 97.9 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 54.1 billion yen, a 25.6% decrease compared to the same period last year. However, the operating profit margin rose from 11.8% in the same period last year to 13.3%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 570,087 68,561 76,932 53,505 36.9 44.1 Oct 31, 2023 J-GAAP
Apr - Sep, 2024 689,688 76,790 110,627 77,785 55.3 49.2 Oct 29, 2024 J-GAAP
Apr - Sep, 2025 701,750 86,020 97,908 78,964 56.4 ー Nov 4, 2025 J-GAAP
YoY +1.7% +12.0% -11.5% +1.5% +2.0%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance ー ー ー ー － － Apr 28, 2025 J-GAAP
Apr - Sep, 2025 Results 701,750 86,020 97,908 78,964 56.4 29 Nov 4, 2025 J-GAAP
Revision Rate － － － － －

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 682,326 89,952 114,089 76,583 54.3 28 Apr 28, 2025 J-GAAP
Oct - Mar, 2025 Guidance ー ー ー ー － 15 Nov 4, 2025 J-GAAP
YoY － － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 1,277,482 153,705 174,587 121,557 84.9 44 Apr 25, 2024 J-GAAP
Mar, 2025 1,372,014 166,742 224,716 154,368 109.5 56 Apr 28, 2025 J-GAAP
Mar, 2026 Guidance ー ー ー ー － 44 Apr 28, 2025 J-GAAP
YoY － － － － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 354,331 41,675 72,887 53,792 38.3 11.8 Oct 29, 2024 J-GAAP
Oct - Dec, 2024 336,749 37,036 63,062 46,628 33.1 11.0 Jan 31, 2025 J-GAAP
Jan - Mar, 2025 345,577 52,916 51,027 29,955 21.3 15.3 Apr 28, 2025 J-GAAP
Apr - Jun, 2025 326,400 36,177 43,716 31,237 22.2 11.1 Jul 30, 2025 J-GAAP
Jul - Sep, 2025 375,350 49,843 54,192 47,727 34.1 13.3 Nov 4, 2025 J-GAAP
YoY +5.9% +19.6% -25.6% -11.3% -10.8%

Related Articles