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DAIHO, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 2%, Dividend Revised Upward by 2 Yen

Fri Feb 13, 2026 3:50 pm JST Earnings

1822 DAIHO CORPORATION 【J-GAAP】

Earnings Report

DAIHO CORPORATION <1822> [TSE Std] announced its financial results after the market closed on February 13th (15:50). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 4.12 billion yen, an increase 56.4% compared to the same period last year.

However, the full-year forecast for consolidated ordinary profit has decreased 1.6%, from the previous forecast of 6.40 billion yen to 6.30 billion yen (compared to 5.20 billion yen in the previous period), leading to a reduction in the profit growth rate from 23.0% to 21.1%. However, the full-year forecast for consolidated net income has been revised upward 5.0%, from the previous forecast of 4.00 billion yen to 4.20 billion yen (compared to 3.69 billion yen in the previous period), increasing the growth rate from 8.4% to 13.8%.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) has decreased 1.9%, from the previous forecast of 5.34 billion yen to 5.24 billion yen (compared to 4.86 billion yen in the same period of the previous year), leading to a reduction in the profit growth rate from 9.9% to 7.8%.

At the same time, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 32 yen to 34 yen (compared to 147 yen before the 5-for-1 forward stock split in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 33.5% from the same period last year, reaching 3.06 billion yen. The operating profit margin improved from 5.0% in the same period last year to 7.7%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2023 116,948 144 465 -1,020 -11.6 36.9 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 104,326 2,470 2,635 1,912 21.7 50.6 Feb 13, 2025 J-GAAP
Apr - Dec, 2025 102,415 3,764 4,120 2,365 26.8 65.4 Feb 13, 2026 J-GAAP
YoY -1.8% +52.4% +56.4% +23.7% +23.4%

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 74,808 4,305 5,340 3,957 44.8 32 Nov 14, 2025 J-GAAP
Oct - Mar, 2025 New 73,408 5,405 5,240 4,157 47.1 34 Feb 13, 2026 J-GAAP
Revision Rate -1.9% +25.6% -1.9% +5.1% +5.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 140,000 5,200 6,400 4,000 45.3 32 May 9, 2025 J-GAAP
Mar, 2026 New 138,600 6,300 6,300 4,200 47.6 34 Feb 13, 2026 J-GAAP
Revision Rate -1.0% +21.2% -1.6% +5.0% +5.0%

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 75,786 4,907 4,861 3,205 36.4 29.40 May 9, 2025 J-GAAP
Oct - Mar, 2025 Guidance 73,408 5,405 5,240 4,157 47.1 34 Feb 13, 2026 J-GAAP
YoY -3.1% +10.1% +7.8% +29.7% +29.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 163,222 466 1,259 -2,072 -23.5 5.40 May 13, 2024 J-GAAP
Mar, 2025 143,394 5,533 5,204 3,691 41.9 29.40 May 9, 2025 J-GAAP
Mar, 2026 Guidance 138,600 6,300 6,300 4,200 47.6 34 Feb 13, 2026 J-GAAP
YoY -3.3% +13.9% +21.1% +13.8% +13.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 36,718 1,844 2,292 1,426 16.2 5.0 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 39,068 3,063 2,569 1,779 20.2 7.8 May 9, 2025 J-GAAP
Apr - Jun, 2025 31,076 4 226 -303 -3.4 0.0 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 34,116 891 834 346 3.9 2.6 Nov 14, 2025 J-GAAP
Oct - Dec, 2025 37,223 2,869 3,060 2,322 26.3 7.7 Feb 13, 2026 J-GAAP
YoY +1.4% +55.6% +33.5% +62.8% +62.5%

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