Komori
Earnings5888DAIWA CYCLE CO.,LTD.Retail

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending January 2027 [Japanese GAAP] (Non-consolidated)

In the interim period of the fiscal year ending January 2027, revenue increased 11.8% year on year, driven by higher same-store sales and an accelerated pace of store openings. However, due to higher costs, including store-opening expenses, and adverse foreign exchange movements, operating profit and all subsequent profit levels were below the year-earlier period.

Worth reading
47Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
11.8
Year-on-year change (revenue, %)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 February 2026 to 31 July 2026Non-consolidated (standalone)Japanese GAAP
Net Sales12,352¥ millionYear on year +11.8%Progress 50.8%
Operating profit886¥ millionYear on year -1.1%Progress 59.5%
Ordinary income891¥ millionYear on year -2.2%Progress 58.7%
Net income attributable to owners of the parent560¥ millionYear on year -2.5%Progress 55.7%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥203.08
Financial position at period-end
Total assets10,138¥ million
of which net assets 6,678 ¥ millionEquity ratio 65.9%vs. prior year-end +0.1pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating+345,759
Investment-820,197
Financials-192,586
Net change-667,024

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥851,156 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥24,293 million (YoY +15.1%)
Operating profit¥1,490 million (YoY +5.2%)
Ordinary income¥1,519 million (YoY +5.9%)
Net income¥1,006 million (YoY +6.1%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥70 → ¥73
Factors Behind Changes in Business Performance

Revenue increased due to higher same-store sales and an accelerated pace of store openings. Profit declined due to higher costs, including store-opening expenses, adverse foreign exchange movements, and the implementation of sales promotions aimed at increasing customer traffic.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Depreciation and amortization¥101,187 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (no attendees specified)
Issued Shares at Period-End2,758,600 shares
Treasury Shares at Period-End125 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 February 2026 to 31 July 2026
Net Sales¥12,352 million (YoY +11.8%)
Operating profit¥886 million (YoY -1.1%)
Ordinary income¥891 million (YoY -2.2%)
Profit attributable to owners of the parent¥560 million (YoY -2.5%)
Net income per share¥203.08
Equity ratioEnd of the current fiscal period 65.9% / End of previous period 65.8%
Total assets¥10,138 million
Net assets¥6,678 million
Cash flows from operating activities¥345,759 thousand
Cash flows from investing activities¥-820,197 thousand
Cash flows from financing activities¥-192,586 thousand
Cash and cash equivalents at end of period¥851,156 thousand
Full-year earnings forecastNet Sales ¥24,293 million (YoY +15.1%) / Operating profit ¥1,490 million (YoY +5.2%) / Ordinary income ¥1,519 million (YoY +5.9%) / Net income ¥1,006 million (YoY +6.1%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥70 → ¥73
Depreciation and amortization¥101,187 thousand
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (no attendees specified)
Issued Shares at Period-End2,758,600 shares
Treasury Shares at Period-End125 shares
Factors Behind Changes in Business PerformanceRevenue increased due to higher same-store sales and an accelerated pace of store openings. Profit declined due to higher costs, including store-opening expenses, adverse foreign exchange movements, and the implementation of sales promotions aimed at increasing customer traffic.
Items this document does not state (11)
Operating MarginPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Changes in the scope of consolidationMaterial subsequent events

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Revenue increased due to higher same-store sales and an accelerated pace of store openings. Profit was affected by higher costs, including store-opening expenses, adverse foreign exchange movements, and the implementation of sales promotions aimed at increasing customer traffic.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending January 2027 [Japanese GAAP] (Non-consolidated) | DAIWA CYCLE CO.,LTD. (5888) timely disclosure | Komori