Dai-Ichi Cutter Kogyo (1716) Q1 2027 earnings summary

Executive summary

• Q1 net sales fell 12.6% YoY to ¥4,786m as highway-related construction sales declined; operating profit dropped 75.3% to ¥186m.

• Profit attributable to owners fell 69.6% to ¥220m, partly reflecting a prior-year gain on sale of investment securities.

Financial highlights

• Net sales ¥4,786m, down 12.6% YoY; gross profit on completed construction contracts ¥1,370m vs ¥1,854m.

• Operating profit ¥186m, down 75.3% YoY; ordinary profit ¥318m, down 60.9%; profit attributable to owners ¥220m, down 69.6%.

• Comprehensive income was ¥287m, down 48.9% YoY.

• Basic EPS was ¥19.60 vs ¥64.48 a year earlier.

Outlook and guidance

• FY ending June 2027 forecast unchanged: sales ¥20,700m (+3.0%), operating profit ¥1,950m (+18.5%), ordinary profit ¥2,090m (+10.8%), and parent-attributable profit ¥1,460m (-8.8%).

• FY forecast basic EPS is ¥129.79; H1 forecast sales ¥10,700m (-1.8%) and parent-attributable profit ¥850m (-30.0%).

• Annual dividend forecast remains ¥45/share.