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DAIHATSU DIESEL MFG, First Half Ordinary Profit Decreases by 17%
6023 DAIHATSU INFINEARTH MFG.CO.,LTD 【J-GAAP】
Earnings ReportDAIHATSU INFINEARTH MFG.CO.,LTD <6023> [TSE Std] announced its financial results in the afternoon session on October 30th (13:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 17.0% from the same period last year to 2.56 billion yen. Progress toward the full-year plan of 6.40 billion yen was 40.0%, which was higher than the five-year average of 27.3%.
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 October to March period (second half) is expected to decrease 15.0% from the same period last year to 3.83 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 1.08 billion yen, a 15.6% decrease compared to the same period last year. The operating profit margin worsened from 7.2% in the same period last year to 4.7%.
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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 - Sep, 2023 | 37,220 | 938 | 1,171 | 1,888 | 59.8 | 21.1 | Oct 26, 2023 | J-GAAP |
| Apr - Sep, 2024 | 42,896 | 3,183 | 3,089 | 2,127 | 67.2 | 40.6 | Oct 29, 2024 | J-GAAP |
| Apr - Sep, 2025 | 41,534 | 2,463 | 2,563 | 2,110 | 83.1 | 40.0 | Oct 30, 2025 | J-GAAP |
| YoY | -3.2% | -22.6% | -17.0% | -0.8% | +23.6% |
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 | 41,530 | 2,460 | 2,560 | 2,110 | 83.0 | 0 | Oct 23, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 41,534 | 2,463 | 2,563 | 2,110 | 83.1 | 0 | Oct 30, 2025 | J-GAAP |
| Revision Rate | +0.0% | +0.1% | +0.1% | 0.0% | +0.1% |
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 | 45,885 | 4,451 | 4,514 | 3,590 | 113.6 | 62 | Apr 28, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 43,466 | 3,837 | 3,837 | 2,590 | 101.8 | 62 | Oct 30, 2025 | J-GAAP |
| YoY | -5.3% | -13.8% | -15.0% | -27.9% | -10.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 81,775 | 5,194 | 5,546 | 5,149 | 162.9 | 49 | Apr 25, 2024 | J-GAAP |
| Mar, 2025 | 88,781 | 7,634 | 7,603 | 5,717 | 180.9 | 62 | Apr 28, 2025 | J-GAAP |
| Mar, 2026 Guidance | 85,000 | 6,300 | 6,400 | 4,700 | 184.8 | 62 | Oct 23, 2025 | J-GAAP |
| YoY | -4.3% | -17.5% | -15.8% | -17.8% | +2.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 22,527 | 1,628 | 1,280 | 806 | 25.5 | 7.2 | Oct 29, 2024 | J-GAAP |
| Oct - Dec, 2024 | 21,082 | 2,647 | 3,017 | 2,179 | 68.8 | 12.6 | Jan 28, 2025 | J-GAAP |
| Jan - Mar, 2025 | 24,803 | 1,804 | 1,497 | 1,411 | 44.7 | 7.3 | Apr 28, 2025 | J-GAAP |
| Apr - Jun, 2025 | 20,980 | 1,487 | 1,483 | 1,172 | 46.2 | 7.1 | Jul 30, 2025 | J-GAAP |
| Jul - Sep, 2025 | 20,554 | 976 | 1,080 | 938 | 36.9 | 4.7 | Oct 30, 2025 | J-GAAP |
| YoY | -8.8% | -40.0% | -15.6% | +16.4% | +45.0% |
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