DAIKO XTECH (8023) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 FY2026 was ¥9,085 million, down 6.8% year-over-year, with an operating loss of ¥151 million and a net loss attributable to shareholders of ¥124 million, reversing last year's profit.

• The company rebranded as DAIKO XTECH and launched a new mid-term plan, focusing on business transformation and value-added solutions.

• Despite a decrease in hardware sales, modernization projects and stock business orders grew, with order backlog up 33.8% year-over-year.

Financial highlights

• Q1 revenue decreased to ¥9,085 million (down 6.8% year-over-year); operating loss was ¥151 million versus a profit of ¥288 million last year.

• Net loss attributable to shareholders was ¥124 million, compared to a profit of ¥200 million in Q1 FY2025.

• Gross profit fell to ¥2,078 million from ¥2,330 million year-over-year.

• Comprehensive loss for the quarter was ¥15 million.

Outlook and guidance

• Full-year guidance remains unchanged: revenue ¥43,000 million (+0.7%), operating profit ¥2,450 million (+1.6%), net profit ¥1,650 million (−2.0%).

• Focus remains on expanding high-margin software solutions and stock business.