kabutan

Daicel, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 15%

Thu Nov 6, 2025 1:20 pm JST Earnings

4202 Daicel Corporation 【J-GAAP】

Earnings Report

Daicel Corporation <4202> [TSE Prime] announced its financial results in the afternoon session on November 6th (13:20). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) dropped 33.7% from the same period last year to 20.3 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has decreased 15.2%, from the previous forecast of 56.0 billion yen to 47.5 billion yen (compared to 62.3 billion yen in the previous period), leading to an increase in the profit decline rate from 10.1% to 23.8%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease 14.1% from the same period last year to 27.1 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit dropped to 8.02 billion yen, a 36.1% decrease compared to the same period last year. The operating profit margin drastically worsened from 9.8% in the same period last year to 5.1%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 271,004 26,607 30,702 29,751 104.1 44.9 Nov 2, 2023 J-GAAP
Apr - Sep, 2024 289,688 31,607 30,745 32,053 116.2 49.3 Nov 7, 2024 J-GAAP
Apr - Sep, 2025 277,119 20,121 20,371 18,802 70.9 42.9 Nov 6, 2025 J-GAAP
YoY -4.3% -36.3% -33.7% -41.3% -39.0%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 290,000 22,500 23,500 25,000 94.2 30 May 13, 2025 J-GAAP
Apr - Sep, 2025 Results 277,119 20,121 20,371 18,802 70.9 30 Nov 6, 2025 J-GAAP
Revision Rate -4.4% -10.6% -13.3% -24.8% -24.7%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 600,000 54,000 56,000 54,000 206.7 60 May 13, 2025 J-GAAP
Mar, 2026 New 583,000 46,500 47,500 50,000 191.4 60 Nov 6, 2025 J-GAAP
Revision Rate -2.8% -13.9% -15.2% -7.4% -7.4%

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 296,843 29,404 31,575 17,427 63.9 30 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 305,881 26,379 27,129 31,198 119.4 30 Nov 6, 2025 J-GAAP
YoY +3.0% -10.3% -14.1% +79.0% +86.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 558,056 62,393 68,396 55,834 197.6 50 May 9, 2024 J-GAAP
Mar, 2025 586,531 61,011 62,320 49,480 181.4 60 May 13, 2025 J-GAAP
Mar, 2026 Guidance 583,000 46,500 47,500 50,000 191.4 60 Nov 6, 2025 J-GAAP
YoY -0.6% -23.8% -23.8% +1.1% +5.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 144,116 14,149 12,566 15,864 57.5 9.8 Nov 7, 2024 J-GAAP
Oct - Dec, 2024 142,857 11,638 14,050 11,989 43.6 8.1 Feb 5, 2025 J-GAAP
Jan - Mar, 2025 153,986 17,766 17,525 5,438 19.9 11.5 May 13, 2025 J-GAAP
Apr - Jun, 2025 139,270 13,043 12,343 9,620 36.3 9.4 Aug 1, 2025 J-GAAP
Jul - Sep, 2025 137,849 7,078 8,028 9,182 34.6 5.1 Nov 6, 2025 J-GAAP
YoY -4.3% -50.0% -36.1% -42.1% -39.8%

Related Articles