Daifuku (6383) Q3 2026 earnings summary

Executive summary

• Operating income, ordinary income, and net income attributable to shareholders reached record highs for the first three quarters of FY2025, driven by strong sales, cost reductions, and production efficiency improvements.

• Orders received totaled ¥499.0 billion, with robust performance in intralogistics, cleanroom, and airport systems, and a strong order backlog, despite sluggish automotive orders.

• Profit margins remained high due to efficiency improvements and a focus on profitable orders.

• The U.S. market accounted for 26% of net sales, with limited tariff impact due to local production.

Financial highlights

• Orders received: ¥499.0 billion, up 2.6% year-over-year; net sales: ¥486.0 billion, up 4.2%.

• Operating income: ¥75.2 billion (+26.3%), operating margin: 15.5% (+2.7pt); ordinary income: ¥77.6 billion.

• Net income attributable to shareholders: ¥58.4 billion (+21.9%), net income margin: 12.0% (+1.7pt).

• Net income per share: ¥159.01; diluted EPS: ¥151.62.

• Total assets: ¥707.0 billion; net assets: ¥421.5 billion; equity ratio: 59.6%.

Outlook and guidance

• Full-year orders received forecast revised downward to ¥680.0 billion due to delays in automotive investment, but still up 4.1% year-over-year.

• Net sales forecast unchanged at ¥650.0 billion (+0.9%), operating income forecast revised upward to ¥97.5 billion (+20.3%), with a 15.0% operating margin.

• Net income forecast: ¥76.0 billion (+18.0%), net margin: 11.7%.

• Annual dividend per share projected at ¥76, with a year-end dividend of ¥42, both revised upward.