Daiko Tsusan (7673) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 FY2026 was ¥4,832 million, up 3.3% year-over-year, driven by strong order intake and proactive sales activities, with net income at ¥167 million, a 1.7% increase year-over-year.

• Large-scale indoor communication equipment and surveillance camera projects contributed to revenue growth.

• Operating income and ordinary income declined slightly by 2.3% and 1.8% year-over-year, respectively.

• The business environment saw continued infrastructure investment, but uncertainty remains due to global issues and inflation.

Financial highlights

• Gross profit rose 6.3% year-over-year to ¥742 million; gross margin improved to 15.4%.

• Operating income was ¥228 million (down 2.3% year-over-year), and ordinary income was ¥238 million (down 1.8%).

• EPS for Q1 was ¥31.39, up from ¥30.87 in the prior year.

• Total assets decreased to ¥16,308 million from ¥17,587 million at the previous fiscal year-end.

• Net assets declined to ¥8,262 million from ¥8,412 million.

Outlook and guidance

• Full-year revenue forecast: ¥21,260 million, with profit metrics expected to rise.

• Full-year net income forecast is ¥830 million, up 1.7% year-over-year.

• No revision to full-year guidance; progress rates for revenue and ordinary income are on track.

• Continued focus on infrastructure projects, including disaster prevention and digital communication equipment.