Daifuku (6383) Q2 2026 earnings summary

Executive summary

• Net sales for the first half of FY2025 reached ¥326.4 billion, up 7.9% year-over-year, with operating income at ¥51.1 billion (+34.0%) and net income attributable to shareholders at ¥37.6 billion (+26.6%), all setting record highs, driven by a strong order backlog and improved margins.

• Orders received totaled ¥334.4 billion, nearly flat year-over-year, as declines in intralogistics and automotive systems were offset by gains in cleanroom and airport systems.

Financial highlights

• Gross profit increased to ¥79.8 billion from ¥68.1 billion year-over-year.

• Net income per share rose to ¥102.32, up 27.7% year-over-year, and diluted EPS to ¥97.58.

• Cash and cash equivalents at period end were ¥229.8 billion, up ¥32.3 billion from the previous year-end.

• Total assets increased to ¥703.7 billion, and net assets to ¥411.1 billion, with an equity ratio of 58.4%.

• Net income margin was 11.5%, and operating margin improved to 15.7% from 12.6% year-over-year.

Outlook and guidance

• FY2025 full-year orders forecast is ¥700.0 billion, with net sales forecast at ¥650.0 billion and operating income at ¥87.0 billion (OP margin 13.4%).

• Net income forecast is ¥68.0 billion, up 5.6% year-over-year.

• Dividend per share for FY2025 increased to ¥68 (interim and year-end each ¥34).

• The company expects continued strong sales and improved profitability, with U.S. tariff impacts already factored in.