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DAIICHI KENSETSU, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 11%, Oct-Dec Ordinary Profit Decreases by 6%
1799 DAIICHI KENSETSU CORPORATION 【J-GAAP】
Earnings ReportDAIICHI KENSETSU CORPORATION <1799> [TSE Std] announced its financial results after the market closed on February 10th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 10.6% from the same period last year, reaching 5.80 billion yen. Progress toward the full-year plan of 7.70 billion yen was 75.3%, almost the same as the five-year average of 73.8%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the January to March period (4Q) is expected to decrease 19.5% from the same period last year to 1.89 billion yen.
In the most recent three-month period, from October to December (3Q), the ordinary profit decreased to 1.99 billion yen, a 6.4% decrease compared to the same period last year. The operating profit margin decreased from 11.5% in the same period last year to 10.8%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 40,142 | 2,801 | 3,105 | 2,060 | 105.6 | 75.8 | Feb 7, 2024 | J-GAAP |
| Apr - Dec, 2024 | 42,309 | 4,875 | 5,245 | 3,591 | 190.1 | 69.0 | Feb 5, 2025 | J-GAAP |
| Apr - Dec, 2025 | 43,418 | 5,230 | 5,801 | 4,017 | 224.9 | 75.3 | Feb 10, 2026 | J-GAAP |
| YoY | +2.6% | +7.3% | +10.6% | +11.9% | +18.3% |
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 | 32,839 | 4,282 | 4,485 | 3,111 | 165.0 | 130 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 32,001 | 3,788 | 3,889 | 2,647 | 149.5 | 130 | Nov 14, 2025 | J-GAAP |
| YoY | -2.6% | -11.5% | -13.3% | -14.9% | -9.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 53,993 | 3,772 | 4,096 | 2,791 | 143.2 | 80 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 58,005 | 7,193 | 7,604 | 5,242 | 278.0 | 130 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 58,600 | 7,200 | 7,700 | 5,300 | 299.4 | 130 | Nov 14, 2025 | J-GAAP |
| YoY | +1.0% | +0.1% | +1.3% | +1.1% | +7.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 17,143 | 1,964 | 2,126 | 1,460 | 77.3 | 11.5 | Feb 5, 2025 | J-GAAP |
| Jan - Mar, 2025 | 15,696 | 2,318 | 2,359 | 1,651 | 87.6 | 14.8 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 12,762 | 1,643 | 1,989 | 1,383 | 75.9 | 12.9 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 13,837 | 1,769 | 1,822 | 1,270 | 70.7 | 12.8 | Nov 14, 2025 | J-GAAP |
| Oct - Dec, 2025 | 16,819 | 1,818 | 1,990 | 1,364 | 76.4 | 10.8 | Feb 10, 2026 | J-GAAP |
| YoY | -1.9% | -7.4% | -6.4% | -6.6% | -1.2% |
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