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DAIWA COMPUTER, First Half Ordinary Profit Decreases by 72%, Nov-Jan Ordinary Profit Decreases by 82%
3816 DAIWA COMPUTER CO., LTD. 【J-GAAP】
Earnings ReportDAIWA COMPUTER CO., LTD. <3816> [TSE Std] announced its financial results after the market closed on March 6th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending July 2026 (August 2025 to January 2026) significantly dropped 71.5% from the same period last year to 90 million yen. Progress toward the full-year plan of 281 million yen was 32.0%, also falling below the five-year average of 53.6%.
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 February to July period (second half) is expected to drop 37.0% from the same period last year to 191 million yen.
In the most recent three-month period, from November to January (2Q), the consolidated ordinary profit significantly dropped to 32 million yen, an 82.0% decrease compared to the same period last year. The operating profit margin sharply declined from 21.2% in the same period last year to 3.8%.
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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 |
|---|---|---|---|---|---|---|---|---|
| Aug - Jan, 2023 | 1,643 | 329 | 345 | 173 | 44.8 | 57.5 | Mar 1, 2024 | J-GAAP |
| Aug - Jan, 2024 | 1,579 | 308 | 316 | 210 | 54.3 | 51.1 | Mar 7, 2025 | J-GAAP |
| Aug - Jan, 2025 | 1,551 | 66 | 90 | 56 | 14.5 | 32.0 | Mar 6, 2026 | J-GAAP |
| YoY | -1.8% | -78.6% | -71.5% | -73.3% | -73.2% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug - Jan, 2025 Guidance | 1,512 | 8 | 24 | 16 | 4.1 | 0 | Sep 5, 2025 | J-GAAP |
| Aug - Jan, 2025 Results | 1,551 | 66 | 90 | 56 | 14.5 | 0 | Mar 6, 2026 | J-GAAP |
| Revision Rate | +2.6% | +725.0% | +275.0% | +250.0% | +251.8% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb - Jul, 2025 | 1,625 | 263 | 303 | 207 | 53.5 | 19 | Sep 5, 2025 | J-GAAP |
| Feb - Jul, 2026 Guidance | 1,654 | 186 | 191 | 132 | 34.1 | 19 | Mar 6, 2026 | J-GAAP |
| YoY | +1.8% | -29.3% | -37.0% | -36.2% | -36.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul, 2024 | 3,291 | 565 | 600 | 342 | 88.3 | 19 | Sep 6, 2024 | J-GAAP |
| Jul, 2025 | 3,204 | 571 | 619 | 417 | 107.7 | 19 | Sep 5, 2025 | J-GAAP |
| Jul, 2026 Guidance | 3,205 | 252 | 281 | 188 | 48.5 | 19 | Sep 5, 2025 | J-GAAP |
| YoY | +0.0% | -55.9% | -54.6% | -54.9% | -55.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Nov - Jan, 2024 | 824 | 175 | 178 | 122 | 31.5 | 21.2 | Mar 7, 2025 | J-GAAP |
| Feb - Apr, 2025 | 817 | 134 | 131 | 89 | 23.0 | 16.4 | Jun 6, 2025 | J-GAAP |
| May - Jul, 2025 | 808 | 129 | 172 | 118 | 30.5 | 16.0 | Sep 5, 2025 | J-GAAP |
| Aug - Oct, 2025 | 767 | 36 | 58 | 32 | 8.3 | 4.7 | Dec 5, 2025 | J-GAAP |
| Nov - Jan, 2025 | 784 | 30 | 32 | 24 | 6.2 | 3.8 | Mar 6, 2026 | J-GAAP |
| YoY | -4.9% | -82.9% | -82.0% | -80.3% | -80.2% |
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