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Dai Nippon Toryo, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 23%, Oct-Dec Ordinary Profit Decreases by 23%
4611 Dai Nippon Toryo Company, Limited 【J-GAAP】
Earnings ReportDai Nippon Toryo Company, Limited <4611> [TSE Prime] announced its financial results in the afternoon session on February 10th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 23.0% from the same period last year to 3.42 billion yen. However, Progress toward the full-year plan of 4.30 billion yen was 79.5%, almost the same as the five-year average of 77.8%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to grow 15.8% from the same period last year, reaching 0.88 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 1.29 billion yen, a 22.6% decrease compared to the same period last year. The operating profit margin worsened from 7.6% in the same period last year to 4.8%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 54,782 | 3,931 | 4,271 | 2,728 | 95.9 | 80.0 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 55,107 | 3,957 | 4,439 | 3,713 | 130.4 | 85.4 | Feb 6, 2025 | J-GAAP |
| Apr - Dec, 2025 | 70,246 | 2,986 | 3,420 | 2,020 | 70.9 | 79.5 | Feb 10, 2026 | J-GAAP |
| YoY | +27.5% | -24.5% | -23.0% | -45.6% | -45.7% |
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 | 36,376 | 2,192 | 2,435 | 6,721 | 236.0 | 49 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 46,035 | 2,283 | 2,176 | 1,495 | 52.4 | 58 | Nov 7, 2025 | J-GAAP |
| YoY | +26.6% | +4.2% | -10.6% | -77.8% | -77.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 71,940 | 4,901 | 5,336 | 4,600 | 161.7 | 35 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 72,511 | 4,716 | 5,199 | 9,437 | 331.4 | 49 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 92,000 | 4,100 | 4,300 | 2,900 | 101.6 | 58 | Nov 7, 2025 | J-GAAP |
| YoY | +26.9% | -13.1% | -17.3% | -69.3% | -69.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 18,972 | 1,433 | 1,675 | 997 | 35.0 | 7.6 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 17,404 | 759 | 760 | 5,724 | 201.0 | 4.4 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 22,300 | 705 | 848 | 381 | 13.4 | 3.2 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 23,665 | 1,112 | 1,276 | 1,024 | 36.0 | 4.7 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 24,281 | 1,169 | 1,296 | 615 | 21.6 | 4.8 | Feb 10, 2026 | J-GAAP |
| YoY | +28.0% | -18.4% | -22.6% | -38.3% | -38.4% |
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