Daiichi Kigenso Kagaku Kogyo (4082) Q2 2026 earnings summary

Executive summary

• Announced upward revision to full-year earnings forecast on October 31, 2025, reflecting stronger-than-expected performance and cost reductions, especially in the Vietnam business.

• Net sales for the six months ended September 30, 2025, were ¥17,148 million, up 0.8% year-over-year.

• Operating profit declined 29.4% year-over-year to ¥1,097 million.

• Ordinary profit increased to ¥366mn from ¥16mn YoY; profit attributable to owners was ¥41mn, reversing a ¥450mn loss.

• Comprehensive income was negative at ¥(1,544) million, compared to ¥2,862 million in the prior year.

Financial highlights

• Gross profit rose 4.0% YoY to ¥4,557mn; operating profit margin declined to 6.4% from 9.1%.

• Basic EPS improved to ¥1.71 from -¥18.54 YoY.

• Total assets as of September 30, 2025, were ¥62,622 million, down from ¥64,754 million as of March 31, 2025.

• Net assets decreased to ¥36,618 million from ¥38,483 million at the previous fiscal year-end.

• Equity ratio decreased to 57.6% from 58.6% at prior year-end.

Outlook and guidance

• Full-year net sales forecast maintained at ¥34,000mn; operating profit forecast revised up to ¥2,400mn (+1,400mn from initial).

• Ordinary profit is forecast at ¥1,200 million, up 89.8% year-over-year.

• Profit attributable to owners of parent is expected to be ¥1,000 million, up 26.2% year-over-year.

• Basic earnings per share for the full year is forecast at ¥41.26.

• Annual dividend per share for the fiscal year ending March 31, 2026, is forecast at ¥28.00, up from ¥26.00 in the previous year.