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DAIICHIKOSHO, First Half Ordinary Profit Revised Downward to an Unexpected 4%Decrease
7458 DAIICHIKOSHO CO. , LTD. 【J-GAAP】
Earnings ReportDAIICHIKOSHO CO. , LTD. <7458> [TSE Prime] announced its financial results after the market closed on November 10th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 4.3% from the same period last year to 8.60 billion yen, resulting in a decrease in profits compared to the previous forecast of a 2.3% increase.
Progress toward the full-year plan of 18.8 billion yen was 45.8%, almost the same as the five-year average of 47.1%.
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 October to March period (second half) is expected to grow 8.4% from the same period last year, reaching 10.1 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 4.03 billion yen, a 16.4% decrease compared to the same period last year. The operating profit margin decreased from 11.6% in the same period last year to 10.5%.
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 | 71,256 | 9,377 | 9,758 | 6,576 | 60.9 | 49.9 | Nov 9, 2023 | J-GAAP |
| Apr - Sep, 2024 | 74,321 | 8,996 | 8,991 | 9,598 | 90.4 | 48.9 | Nov 11, 2024 | J-GAAP |
| Apr - Sep, 2025 | 80,276 | 8,430 | 8,606 | 6,117 | 58.9 | 45.8 | Nov 10, 2025 | J-GAAP |
| YoY | +8.0% | -6.3% | -4.3% | -36.3% | -34.8% |
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 | 79,600 | 8,800 | 9,200 | 6,800 | 65.8 | 28 | Aug 7, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 80,276 | 8,430 | 8,606 | 6,117 | 58.9 | 28 | Nov 10, 2025 | J-GAAP |
| Revision Rate | +0.8% | -4.2% | -6.5% | -10.0% | -10.4% |
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 | 78,699 | 8,949 | 9,405 | 8,580 | 81.5 | 29 | May 12, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 82,424 | 9,570 | 10,194 | 9,283 | 89.8 | 39 | Nov 10, 2025 | J-GAAP |
| YoY | +4.7% | +6.9% | +8.4% | +8.2% | +10.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 146,746 | 18,601 | 19,561 | 12,568 | 117.0 | 57 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 153,020 | 17,945 | 18,396 | 18,178 | 172.6 | 57 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 162,700 | 18,000 | 18,800 | 15,400 | 149.0 | 67 | Aug 7, 2025 | J-GAAP |
| YoY | +6.3% | +0.3% | +2.2% | -15.3% | -13.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 37,435 | 4,349 | 4,827 | 6,191 | 58.3 | 11.6 | Nov 11, 2024 | J-GAAP |
| Oct - Dec, 2024 | 40,118 | 5,324 | 5,514 | 3,905 | 37.0 | 13.3 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 38,581 | 3,625 | 3,891 | 4,675 | 44.4 | 9.4 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 40,553 | 4,245 | 4,571 | 3,520 | 33.8 | 10.5 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 39,723 | 4,185 | 4,035 | 2,597 | 25.0 | 10.5 | Nov 10, 2025 | J-GAAP |
| YoY | +6.1% | -3.8% | -16.4% | -58.1% | -57.1% |
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