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DaikyoNishikawa, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 15%
4246 DaikyoNishikawa Corporation 【J-GAAP】
Earnings ReportDaikyoNishikawa Corporation <4246> [TSE Prime] announced its financial results after the market closed on February 12th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 28.3% from the same period last year, reaching 8.49 billion yen.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 14.8%, from the previous forecast of 8.10 billion yen to 9.30 billion yen (compared to 9.68 billion yen in the previous period), and the declining rate is expected to decrease from 16.4% to 4.0%.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) has been revised upward 41.9%, from the previous forecast of 2.86 billion yen to 4.06 billion yen (compared to 4.35 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 34.2% to 6.7%.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 2.5 times that of the same period last year, reaching 3.26 billion yen. The operating profit margin significantly improved from 2.8% in the same period last year to 7.4%.
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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 | 120,368 | 7,176 | 7,131 | 5,274 | 74.2 | 81.3 | Feb 13, 2024 | J-GAAP |
| Apr - Dec, 2024 | 125,334 | 6,848 | 6,626 | 3,829 | 53.8 | 68.4 | Feb 13, 2025 | J-GAAP |
| Apr - Dec, 2025 | 123,696 | 7,947 | 8,498 | 6,396 | 92.2 | 91.4 | Feb 12, 2026 | J-GAAP |
| YoY | -1.3% | +16.0% | +28.3% | +67.0% | +71.2% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 80,303 | 3,065 | 2,865 | 2,305 | 35.0 | 19 | Nov 6, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 83,103 | 3,965 | 4,065 | 3,005 | 45.6 | 19 | Feb 12, 2026 | J-GAAP |
| Revision Rate | +3.5% | +29.4% | +41.9% | +30.4% | +30.3% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 162,000 | 7,900 | 8,100 | 6,200 | 94.1 | 38 | Nov 6, 2025 | J-GAAP |
| Mar, 2026 New | 164,800 | 8,800 | 9,300 | 6,900 | 104.8 | 38 | Feb 12, 2026 | J-GAAP |
| Revision Rate | +1.7% | +11.4% | +14.8% | +11.3% | +11.3% |
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 | 85,062 | 4,312 | 4,355 | 3,244 | 45.6 | 19 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 83,103 | 3,965 | 4,065 | 3,005 | 45.6 | 19 | Feb 12, 2026 | J-GAAP |
| YoY | -2.3% | -8.0% | -6.7% | -7.4% | +0.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 159,019 | 8,690 | 8,775 | 5,782 | 81.3 | 32 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 168,561 | 10,004 | 9,688 | 6,498 | 91.4 | 36 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 164,800 | 8,800 | 9,300 | 6,900 | 104.8 | 38 | Feb 12, 2026 | J-GAAP |
| YoY | -2.2% | -12.0% | -4.0% | +6.2% | +14.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 41,835 | 1,156 | 1,293 | 575 | 8.1 | 2.8 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 43,227 | 3,156 | 3,062 | 2,669 | 37.5 | 7.3 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 42,092 | 2,713 | 2,873 | 1,997 | 28.2 | 6.4 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 39,605 | 2,122 | 2,362 | 1,898 | 27.2 | 5.4 | Nov 6, 2025 | J-GAAP |
| Oct - Dec, 2025 | 41,999 | 3,112 | 3,263 | 2,501 | 36.0 | 7.4 | Feb 12, 2026 | J-GAAP |
| YoY | +0.4% | +169.2% | +152.4% | +335.0% | +345.5% |
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