Dai-Dan (1980) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 FY2026 rose 35.7% year-over-year to ¥60,147 million, driven by completion of large-scale projects and improved profitability from client negotiations.

• Operating profit surged 462.5% to ¥9,703 million, and profit attributable to owners of parent rose 426.8% to ¥6,885 million.

• Comprehensive income increased 282.8% year-over-year to ¥6,246 million.

• Orders received decreased but remained high, with notable increases in overseas and small-scale renovation orders.

• Higher SG&A expenses due to salary increases and digital transformation investments.

Financial highlights

• Gross profit on completed construction contracts increased 154.9% to ¥14,610 million; gross margin improved by 11.4 points to 24.3%.

• Ordinary profit surged 373.6% year-over-year to ¥10,066 million.

• EPS for Q1 FY2026 was ¥160.53, up from ¥30.50 in the prior year.

• Cash flows from operating activities increased to ¥19,776 million, with cash and cash equivalents at period end up 7.4% to ¥44,316 million.

• Total assets decreased to ¥181,874 million from ¥215,309 million at the end of March 2025.

Outlook and guidance

• Full-year earnings forecast remains unchanged: net sales of completed contracts expected at ¥260,000 million, operating profit ¥23,500 million, ordinary profit ¥23,800 million, net profit at ¥17,600 million, and EPS ¥410.47.

• Gross profit margin for the full year forecasted at 17.9%, up 2.1 points year-over-year.

• Orders received expected to recover in subsequent quarters, supporting stable performance.

• No revisions to previously published forecasts.