Daiko Tsusan (7673) Q3 2026 earnings summary

Executive summary

• Revenue for the nine months ended February 2026 increased 2.4% year-over-year to ¥17,050 million, with operating profit up 13.0% and net profit up 17.1%, driven by proactive sales activities and strong order intake, especially in public safety and communication projects, with notable gains in East Japan and Tokai/Hokuriku.

• The company maintained its full-year guidance, expecting modest growth for the fiscal year ending May 2026.

Financial highlights

• Revenue for Q3 was ¥17,050 million, up 2.4% year-over-year; gross profit rose 7.9% to ¥2,526 million; operating income increased 13.0% to ¥1,076 million; net income for the quarter was ¥756 million, a 17.1% increase year-over-year.

• EPS for the period was ¥141.94, up from ¥121.24 a year earlier.

• Full-year forecast: Revenue ¥21,260 million, net profit ¥830 million, EPS ¥155.65.

• Gross margin improved to 14.8% from 14.1% year-over-year.

Outlook and guidance

• No changes to previously announced full-year guidance; steady demand expected in core markets, with adjustments possible based on order timing.

• Full-year revenue is forecast at ¥21,260 million, slightly below the previous year due to absence of large one-off projects, but record profit is expected.

• Dividend forecast maintained at ¥60 per share for the year.