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Daiei Kankyo, First Half Ordinary Profit Decreases by 11%
9336 Daiei Kankyo Co., Ltd. 【J-GAAP】
Earnings ReportDaiei Kankyo Co., Ltd. <9336> [TSE Prime] announced its financial results at noon (11:30) on November 11th. The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 11.1% from the same period last year to 9.04 billion yen. Progress toward the full-year plan of 21.6 billion yen was 41.9%, also falling below the four-year average of 46.9%.
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 grow 11.0% from the same period last year, reaching 12.5 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit amounted to 4.77 billion yen, a 0.7% decrease compared to the same period last year. The operating profit margin decreased from 26.9% in the same period last year to 23.4%.
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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 | 35,504 | 9,449 | 10,162 | 6,561 | 65.7 | 49.4 | Nov 9, 2023 | J-GAAP |
| Apr - Sep, 2024 | 38,158 | 10,160 | 10,172 | 6,633 | 67.1 | 47.3 | Nov 8, 2024 | J-GAAP |
| Apr - Sep, 2025 | 39,976 | 8,932 | 9,042 | 6,078 | 61.7 | 41.9 | Nov 11, 2025 | J-GAAP |
| YoY | +4.8% | -12.1% | -11.1% | -8.4% | -8.0% |
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 | 39,400 | 8,900 | 8,800 | 5,900 | 59.9 | 24.50 | May 14, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 39,976 | 8,932 | 9,042 | 6,078 | 61.7 | 24.50 | Nov 11, 2025 | J-GAAP |
| Revision Rate | +1.5% | +0.4% | +2.8% | +3.0% | +3.0% |
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 | 42,020 | 11,388 | 11,312 | 7,731 | 78.3 | 25 | May 14, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 43,924 | 12,868 | 12,558 | 8,322 | 83.3 | 24.50 | Nov 11, 2025 | J-GAAP |
| YoY | +4.5% | +13.0% | +11.0% | +7.6% | +6.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 73,035 | 19,714 | 20,589 | 13,591 | 136.4 | 42 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 80,178 | 21,548 | 21,484 | 14,364 | 145.5 | 48 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 83,900 | 21,800 | 21,600 | 14,400 | 144.2 | 49 | May 14, 2025 | J-GAAP |
| YoY | +4.6% | +1.2% | +0.5% | +0.3% | -0.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 18,805 | 5,064 | 4,803 | 3,136 | 31.7 | 26.9 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 20,755 | 5,516 | 5,551 | 3,923 | 39.7 | 26.6 | Feb 10, 2025 | J-GAAP |
| Jan - Mar, 2025 | 21,265 | 5,872 | 5,761 | 3,808 | 38.6 | 27.6 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 20,020 | 4,260 | 4,271 | 2,906 | 29.5 | 21.3 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 19,956 | 4,672 | 4,771 | 3,172 | 32.2 | 23.4 | Nov 11, 2025 | J-GAAP |
| YoY | +6.1% | -7.7% | -0.7% | +1.1% | +1.5% |
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