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DAIKIN INDUSTRIES, 11% Increase in Ordinary Profit, Update Record High for Second Consecutive Term, Increased Previous Year's Dividend by 10 yen, Plan to Continue the 330 yen Policy This Fiscal Year as Well
6367 DAIKIN INDUSTRIES, LTD. 【J-GAAP】
Earnings ReportDAIKIN INDUSTRIES, LTD. <6367> [TSE Prime] announced its financial results after the market closed on May 8th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 increased 3.4% from the previous period to 366 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to grow by 10.5% to 405 billion yen, marking the second consecutive term of record-high profits. This will be the fifth consecutive term of revenue growth.
At the same time, the company increased the annual dividend for the previous term from 320 yen to 330 yen (compared to 250 yen in the prior term), and has decided to continue with a dividend of 330 yen for the current term as well.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit amounted to 73.9 billion yen, an increase of 2.2% compared to the same period last year. However, the operating profit margin worsened from 7.6% in the same period last year to 7.2%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 3,981,578 | 377,032 | 366,245 | 257,754 | 880.6 | 240 | May 9, 2023 | J-GAAP |
| Mar, 2024 | 4,395,317 | 392,137 | 354,492 | 260,311 | 889.2 | 250 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 4,752,335 | 401,669 | 366,446 | 264,757 | 904.3 | 330 | May 8, 2025 | J-GAAP |
| YoY | +8.1% | +2.4% | +3.4% | +1.7% | +1.7% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 Guidance | 4,770,000 | 428,000 | 392,000 | 267,000 | 911.9 | 320 | Nov 6, 2024 | J-GAAP |
| Mar, 2025 Results | 4,752,335 | 401,669 | 366,446 | 264,757 | 904.3 | 330 | May 8, 2025 | J-GAAP |
| Revision Rate | -0.4% | -6.2% | -6.5% | -0.8% | -0.8% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 2,493,064 | 246,594 | 224,168 | 151,657 | 518.0 | 185 | Nov 6, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 2,470,000 | 247,000 | 231,000 | 152,000 | 519.1 | 165 | May 8, 2025 | J-GAAP |
| YoY | -0.9% | +0.2% | +3.0% | +0.2% | +0.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 4,395,317 | 392,137 | 354,492 | 260,311 | 889.2 | 250 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 4,752,335 | 401,669 | 366,446 | 264,757 | 904.3 | 330 | May 8, 2025 | J-GAAP |
| Mar, 2026 Guidance | 4,840,000 | 435,000 | 405,000 | 272,000 | 928.9 | 330 | May 8, 2025 | J-GAAP |
| YoY | +1.8% | +8.3% | +10.5% | +2.7% | +2.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 1,131,665 | 85,647 | 72,379 | 66,461 | 227.0 | 7.6 | May 9, 2024 | J-GAAP |
| Apr - Jun, 2024 | 1,251,029 | 115,410 | 105,193 | 63,099 | 215.5 | 9.2 | Aug 6, 2024 | J-GAAP |
| Jul - Sep, 2024 | 1,242,035 | 131,184 | 118,975 | 88,558 | 302.5 | 10.6 | Nov 6, 2024 | J-GAAP |
| Oct - Dec, 2024 | 1,100,160 | 72,146 | 68,315 | 35,055 | 119.7 | 6.6 | Feb 5, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,159,111 | 82,929 | 73,963 | 78,045 | 266.6 | 7.2 | May 8, 2025 | J-GAAP |
| YoY | +2.4% | -3.2% | +2.2% | +17.4% | +17.4% |
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