Dai Nippon Printing (7912) Q1 2026 earnings summary

Executive summary

• Sales increased 2.7% year-over-year in Q1 FY2025 to ¥366.1 billion, driven by growth in focus business areas and business restructuring efforts.

• Operating profit rose 24.6% year-over-year to ¥22.9 billion, with strong contributions from digital interface and focus businesses.

• Ordinary profit grew 10.2% year-over-year to ¥28.2 billion despite foreign exchange losses from yen appreciation.

• Net profit attributable to parent company shareholders declined 28.4% year-over-year to ¥45.3 billion, impacted by lower extraordinary gains on investment securities.

• The company continues to implement its Medium-Term Management Plan, focusing on business portfolio optimization and value creation in high-growth areas.

Financial highlights

• Q1 FY2025 sales: ¥366.1bn (+2.7% YoY); operating profit: ¥22.9bn (+24.6% YoY); ordinary profit: ¥28.2bn (+10.2% YoY).

• Net profit: ¥45.3bn, down 28.4% year-over-year.

• Gross profit rose to ¥87.7bn from ¥79.5bn year-over-year.

• R&D expenditures increased 9.1% to ¥10.0bn; depreciation decreased 10.9% to ¥11.3bn.

• Net income per share for the quarter was ¥100.80, down from ¥133.68 in the prior year.

Outlook and guidance

• Full-year FY2025 sales forecast maintained at ¥1,500.0bn (+2.9% YoY); operating profit forecast at ¥94.0bn (+0.4% YoY).

• Net profit forecast for FY2025 is ¥90.0bn, down 18.7% from FY2024.

• Net income per share for the full year is projected at ¥204.24.

• No change to full-year earnings guidance.