Dai-Dan (1980) Q2 2025 earnings summary

Executive summary

• Net sales of completed construction contracts rose 15.6% year-over-year to ¥105.6 billion, with operating profit up 123.7% to ¥6.8 billion and net profit attributable to owners of parent up 126.2% to ¥5.5 billion, both reaching record highs for Q2.

• Net sales of construction contract orders received increased 7.3% year-over-year to ¥137.9 billion, driven by large-scale industrial and medical facility projects and increased renovation orders.

• Comprehensive income increased 34.1% year-over-year to ¥5,105 million.

Financial highlights

• Gross profit on completed contracts grew 41.7% year-over-year, with gross margin improving from 11.5% to 14.1%.

• Operating profit margin increased from 3.3% to 6.4%, with operating profit rising from ¥3,031 million to ¥6,783 million.

• Cash and cash equivalents at the end of the interim period nearly doubled to ¥35.8 billion, reflecting increased borrowing for working capital.

• Net assets rose to ¥97.1 billion, with total assets up 12.7% to ¥181.0 billion.

Outlook and guidance

• Full-year net sales forecast revised upward to ¥260.0 billion, reflecting the consolidation of Presico Engineering.

• Full-year operating profit forecast raised to ¥17.5 billion, with net profit expected at ¥13.0 billion and profit per share forecast at ¥303.37.

• Year-end dividend forecast revised upward to ¥71 per share, with annual dividend now projected at ¥123 per share.