Komori
Earnings5951Dainichi Co.,Ltd.Construction and Materials

Q1 Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated)

First-quarter revenue increased 11.9% year on year, while the operating loss widened by ¥22 million. The ordinary loss and net loss for the quarter narrowed from the same period of the previous year. The full-year earnings forecasts and dividend forecast were unchanged.

Worth reading
46Recurring
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
11.9
%
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026–30 June 2026Non-consolidated (standalone)Japanese GAAP
Net Sales1,784Millions of yenYear on year +11.9%Progress 8.7%
Operating profit-395Millions of yen
Ordinary income-223Millions of yen
Net income attributable to owners of the parent-155Millions of yen

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-¥9.61
Financial position at period-end
Total assets32,222Millions of yen
of which net assets 29,141 Millions of yenEquity ratio 90.4%vs. prior year-end +3.8pt

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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales20,500 Millions of yen (YoY +2.1%)
Operating profit1,300 Millions of yen (YoY -28.3%)
Ordinary income1,600 Millions of yen (YoY -23.1%)
Net income1,200 Millions of yen (YoY -20.3%)
Annual Dividend Forecast¥28 → ¥28(0.0%)
Factors Behind Changes in Business Performance

In heating equipment, sales increased for oil-fired heating equipment models for the European market and gas fan heaters. In environmental equipment, humidifier sales increased, but sales of air purifiers and fuel cell units declined. In other products, sales of food-waste dryers and after-sales service parts increased. The first quarter falls after the peak demand season, resulting in limited revenue, while selling, general and administrative expenses were incurred almost evenly in each quarter, resulting in an operating loss.

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
Material subsequent eventsAt a meeting of the Board of Directors held on 10 July 2026, the Company resolved to dispose of 30,400 common shares as restricted stock compensation, with 7 August 2026 as the payment date. The total disposal amount is ¥34,352,000.
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥56 thousand
Depreciation and amortization¥172,107 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End19,058,587
Treasury Shares at Period-End2,873,678
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 April 2026–30 June 2026
Net Sales1,784 Millions of yen (YoY +11.9%)
Operating profit-395 Millions of yen
Ordinary income-223 Millions of yen
Profit attributable to owners of the parent-155 Millions of yen
Net income per share-¥9.61
Equity ratioEnd of the current fiscal period 90.4 / End of previous period 86.6
Total assets32,222 Millions of yen
Net assets29,141 Millions of yen
Full-year earnings forecastNet Sales 20,500 Millions of yen (YoY +2.1%) / Operating profit 1,300 Millions of yen (YoY -28.3%) / Ordinary income 1,600 Millions of yen (YoY -23.1%) / Net income 1,200 Millions of yen (YoY -20.3%)
Annual Dividend Forecast¥28 → ¥28(0.0%)
Depreciation and amortization¥172,107 thousand
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥56 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
Material subsequent eventsAt a meeting of the Board of Directors held on 10 July 2026, the Company resolved to dispose of 30,400 common shares as restricted stock compensation, with 7 August 2026 as the payment date. The total disposal amount is ¥34,352,000.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End19,058,587
Treasury Shares at Period-End2,873,678
Factors Behind Changes in Business PerformanceIn heating equipment, sales increased for oil-fired heating equipment models for the European market and gas fan heaters. In environmental equipment, humidifier sales increased, but sales of air purifiers and fuel cell units declined. In other products, sales of food-waste dryers and after-sales service parts increased. The first quarter falls after the peak demand season, resulting in limited revenue, while selling, general and administrative expenses were incurred almost evenly in each quarter, resulting in an operating loss.
Items this document does not state (14)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment lossChanges in the scope of consolidation

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.

Sales increased for oil-fired heating equipment models for the European market, gas fan heaters, food-waste dryers and after-sales service parts. In environmental equipment, humidifier sales increased, but sales of air purifiers and fuel cell units declined. The first quarter falls after the peak demand season, resulting in limited revenue, while selling, general and administrative expenses, excluding logistics costs, are incurred almost evenly in each quarter, resulting in an operating loss.

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Q1 Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated) | Dainichi Co.,Ltd. (5951) timely disclosure | Komori