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Daiei Kankyo Co (9336) investor relations material
Daiei Kankyo Co Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Net sales for FY2026/3 1Q rose 3.4% year-on-year to ¥20,020 million, driven by infrastructure projects and resource recycling initiatives, despite higher costs and a challenging macroeconomic environment.
Operating profit declined 16.4% year-on-year to ¥4,260 million due to increased labor, depreciation, and outsourcing costs, but results were in line with initial plans.
Profit attributable to owners of parent fell 16.9% year-on-year to ¥2,906 million; EBITDA decreased 8.7% to ¥6,138 million.
Three companies were made consolidated subsidiaries through M&A, and a new company was established, supporting business expansion.
Released D-Plan 2028, a new medium-term management plan, and scheduled major facility completions in 2025.
Financial highlights
EBITDA for 1Q was ¥6,138 million, down 8.7% year-on-year; EBITDA margin decreased by 4.0pt to 30.7%.
Operating margin decreased to 21.3% from 26.3% year-on-year; gross profit for the quarter was ¥8,309 million, down from ¥8,748 million.
Profit attributable to owners of parent fell 16.9% year-on-year to ¥2,906 million; profit margin dropped 3.6pt to 14.5%.
Basic earnings per share for the quarter was ¥29.51, down from ¥35.28 year-on-year.
Comprehensive income declined 32.6% year-on-year to ¥2,543 million.
Outlook and guidance
Full-year net sales forecast is ¥83,900 million, with 1Q progress at 23.9%; operating profit forecast is ¥21,800 million, with 1Q progress at 19.5%.
No changes to previously announced earnings forecasts; management cautions that actual results may differ due to future factors.
Annual dividend forecast is ¥49.00 per share, up from ¥48.00 in the previous year; dividend payout ratio target remains at 33% or higher.
Waste management and recycling expected to maintain strong performance; sports promotion business faces cost pressures.
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