Dai-Ichi Cutter Kogyo (1716) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended March 31, 2026, rose 3.0% year-over-year to ¥15,648 million, driven by robust demand in the cutting and drilling segment and steady private construction activity.

• Operating profit increased 28.6% year-over-year to ¥1,774 million, with ordinary profit up 32.5% to ¥1,967 million and profit attributable to owners of parent up 49.4% to ¥1,529 million.

• The Japanese economy showed moderate recovery, but the construction market faced uncertainty due to rising material costs and labor shortages.

Financial highlights

• Gross profit on completed construction contracts increased to ¥5,047 million from ¥4,424 million year-over-year.

• Comprehensive income for the period was ¥1,322 million, up 17.5% year-over-year.

• Basic earnings per share for the nine months was ¥136.00, up from ¥90.73 in the prior year.

• Total assets as of March 31, 2026, were ¥23,498 million, up ¥1,251 million from the previous fiscal year-end.

• Net assets increased to ¥20,219 million, with an equity ratio of 85.5%.

Outlook and guidance

• Full-year net sales forecast for the fiscal year ending June 30, 2026, is ¥20,500 million, up 1.3% year-over-year.

• Operating profit is projected at ¥1,925 million (up 16.9%), ordinary profit at ¥2,055 million (up 14.7%), and profit attributable to owners of parent at ¥1,643 million (up 23.8%).

• No changes to the previously announced full-year forecast; any future revisions will be disclosed as needed.