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Dainichiseika, Net Income Forecast for the Fiscal Year Revised Upward by 13%
4116 Dainichiseika Color & Chemicals Mfg. Co., Ltd. 【J-GAAP】
Earnings ReportDainichiseika Color & Chemicals Mfg. Co., Ltd. <4116> [TSE Prime] announced its financial results in the afternoon session on November 10th (14:30). The consolidated net income for the cumulative second quarter of the fiscal year ending March 2026 (April to September) significantly dropped 53.1% from the same period last year to 3.76 billion yen.
However, the full-year forecast for consolidated net income has been revised upward 13.1%, from the previous forecast of 6.10 billion yen to 6.90 billion yen (compared to 10.2 billion yen in the previous period), and the declining rate is expected to decrease from 40.7% to 32.9%.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income for the October to March period (second half) is expected to expand 38.5% from the same period last year, reaching 3.13 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated net income significantly dropped to 1.26 billion yen, an 80.5% decrease compared to the same period last year. The operating profit margin worsened from 5.8% in the same period last year to 5.4%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 59,512 | 1,708 | 2,144 | 2,544 | 141.0 | 42.9 | Nov 9, 2023 | J-GAAP |
| Apr - Sep, 2024 | 62,127 | 3,475 | 3,751 | 8,024 | 467.7 | 48.3 | Nov 8, 2024 | J-GAAP |
| Apr - Sep, 2025 | 61,723 | 4,104 | 4,489 | 3,764 | 219.3 | 54.7 | Nov 10, 2025 | J-GAAP |
| YoY | -0.7% | +18.1% | +19.7% | -53.1% | -53.1% |
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 | 64,200 | 3,600 | 4,200 | 3,200 | 187.5 | 87 | May 15, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 61,723 | 4,104 | 4,489 | 3,764 | 219.3 | 87 | Nov 10, 2025 | J-GAAP |
| Revision Rate | -3.9% | +14.0% | +6.9% | +17.6% | +17.0% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 127,300 | 7,200 | 8,200 | 6,100 | 357.4 | 174 | May 15, 2025 | J-GAAP |
| Mar, 2026 New | 127,300 | 7,200 | 8,200 | 6,900 | 404.2 | 174 | Nov 10, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | +13.1% | +13.1% |
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 | 62,633 | 3,529 | 4,013 | 2,265 | 132.0 | 90 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 65,577 | 3,096 | 3,711 | 3,136 | 183.7 | 87 | Nov 10, 2025 | J-GAAP |
| YoY | +4.7% | -12.3% | -7.5% | +38.5% | +39.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 119,824 | 4,550 | 5,003 | 3,660 | 208.0 | 110 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 124,760 | 7,004 | 7,764 | 10,289 | 599.6 | 156 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 127,300 | 7,200 | 8,200 | 6,900 | 404.2 | 174 | Nov 10, 2025 | J-GAAP |
| YoY | +2.0% | +2.8% | +5.6% | -32.9% | -32.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 30,778 | 1,777 | 1,658 | 6,499 | 378.8 | 5.8 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 32,235 | 2,562 | 2,738 | 2,128 | 124.0 | 7.9 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 30,398 | 967 | 1,275 | 137 | 8.0 | 3.2 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 31,709 | 2,493 | 2,745 | 2,495 | 145.4 | 7.9 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 30,014 | 1,611 | 1,744 | 1,269 | 73.9 | 5.4 | Nov 10, 2025 | J-GAAP |
| YoY | -2.5% | -9.3% | +5.2% | -80.5% | -80.5% |
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