Presentation Materials for the Fiscal Year Ending March 2026 Earnings Briefing | DAIHATSU INFINEARTH MFG.CO.,LTD. (6023) timely disclosure

Worth reading

55In focus

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

51.2

% (year-on-year increase in order backlog)

Wording

Avoiding a definitive answer

How definitive the wording is.

Contents of this document

Earnings presentationFiscal year ending March 2026, full year14 items taken from the company’s own explanation

Financial Results Figures (The key points of this material are explained below)

Net Sales¥88,066 million-0.8%

Operating profit¥7,621 million-0.2%

Ordinary income¥7,959 million+4.7%

Net income¥5,920 million+3.6%

Operating profit margin8.7%, up 0.1 percentage points year on year

Full-year earnings forecast

Net Sales

¥104,000 million

Operating profit

¥8,000 million

Ordinary income

¥8,000 million

Net income for the current fiscal year

¥5,700 million

What the company explained in this material

Self-assessment against the planThe company's self-assessment against its own plan.

Finished above the revised plan

Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.

Engine
Maintenance
Other
Foreign Exchange
Research expenses
Fixed costs and other factors

Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.

Exchange rate¥145 per US dollar

New initiatives

Construction of a new logistics center (total investment of approximately ¥10 billion, targeted to begin operations in spring 2028)
Construction of a new plant in Gunma by a subsidiary (targeted to begin operations in winter 2027)
Development of a methanol dual-fuel engine for commercial release in 2027
Development of an ammonia dual-fuel engine for commercial release in 2028
Expansion of the onboard power module integration business
Provision of the digital tool "DD-PASSPORT" for seafarers

Key KPIsA metric the company considers important as a management benchmark.

Unit sales833 Units
Year on year against the same period last yearAt a level comparable to the fiscal year ending March 2025
Maintenance-related revenue¥40,527 million
Year on year against the same period last year+4.6%
Order backlog¥113,500 million
Year on year against the same period last year+51.2%
Dual-fuel engines as a percentage of order backlog25 %
Year on year against the same period last yearUp from 9% as of March 2025
Vessels equipped with the company's engines9,000 approximately vessels
Domestic market share of auxiliary engines for large ocean-going vessels46 %
Overseas market share of auxiliary engines for large ocean-going vessels25 %

Segment results

Internal Combustion Engine segment
Net Sales¥83,375 million
Segment profit¥11,458 million
Other segments
Net Sales¥46 100 million

Medium-term management plan targets

Fiscal year ending March 2028Revenue of ¥100,000 million, operating profit of ¥9,000 million, operating margin of 9.0%, EBITDA of ¥13,600 million, ROE of at least 12.0%, and ROIC of at least 7.5%

Fiscal year ending March 2031Revenue of ¥120,000 million, operating profit of ¥12,000 million, operating margin of 10.0%, EBITDA of ¥18,000 million, ROE of at least 12.0%, and ROIC of at least 8.0%

Financial targets

ROE

Actual results for the fiscal year ending March 202612.7%

Fiscal year ending March 2027: plan11.1%

Target for the fiscal year ending March 203112.0% or more

ROIC

Actual results for the fiscal year ending March 20268.6%

Fiscal year ending March 2027: plan8.5%

Target for the fiscal year ending March 2031At least 8.0%

Cost of shareholders’ equityApproximately 10.0%

WACCApproximately 8.0%

Market Size / Share

Domestic market share of auxiliary engines for large ocean-going vessels46%

Overseas market share of auxiliary engines for large ocean-going vessels25%

World fleet size

116,050 vessels

Orders received and order backlog

Order backlog

¥113,500 million

Year on year against the same period last year+51.2%

Capital expenditures

100 On the order of ¥10 billion new logistics center

Annual Dividend

Fiscal year ending March 2026¥69 per share

Fiscal year ending March 2027: plan¥69 per share

Interim Dividend¥28 per share

Payout ratio

Targeted at 30%

Acquisition of treasury shares

Cancellation of 4.5 million treasury shares scheduled for 29 May 2026

Contents of this document
Item	Details
Document type	Earnings presentation
Fiscal Period Covered	Fiscal year ending March 2026, full year
Net Sales	¥88,066 million (YoY -0.8%)
Operating profit	¥7,621 million (YoY -0.2%)
Ordinary income	¥7,959 million (YoY +4.7%)
Net income	¥5,920 million (YoY +3.6%)
Operating profit margin	8.7%, up 0.1 percentage points year on year
Full-year earnings forecast	Net Sales ¥104,000 million / Operating profit ¥8,000 million / Ordinary income ¥8,000 million / Net income for the current fiscal year ¥5,700 million
Self-assessment against the plan	Finished above the revised plan
Segment results	Segment Internal Combustion Engine segment / Net Sales ¥83,375 million / Segment profit ¥11,458 million, Segment Other segments / Net Sales ¥46 100 million
Breakdown of Factors Affecting the Change	Engine, Maintenance, Other, Foreign Exchange, Research expenses, Fixed costs and other factors
Key KPIs	Unit sales 833 Units, Maintenance-related revenue ¥40,527 million, Order backlog ¥113,500 million, Dual-fuel engines as a percentage of order backlog 25 %, Vessels equipped with the company's engines 9,000 approximately vessels, Domestic market share of auxiliary engines for large ocean-going vessels 46 %, Overseas market share of auxiliary engines for large ocean-going vessels 25 %
Assumptions Underlying the Business Outlook	Exchange rate ¥145 per US dollar
Medium-term management plan targets	Fiscal year ending March 2028 Revenue of ¥100,000 million, operating profit of ¥9,000 million, operating margin of 9.0%, EBITDA of ¥13,600 million, ROE of at least 12.0%, and ROIC of at least 7.5% / Fiscal year ending March 2031 Revenue of ¥120,000 million, operating profit of ¥12,000 million, operating margin of 10.0%, EBITDA of ¥18,000 million, ROE of at least 12.0%, and ROIC of at least 8.0%
Financial targets	ROE Actual results for the fiscal year ending March 2026 12.7% / Fiscal year ending March 2027: plan 11.1% / Target for the fiscal year ending March 2031 12.0% or more / ROIC Actual results for the fiscal year ending March 2026 8.6% / Fiscal year ending March 2027: plan 8.5% / Target for the fiscal year ending March 2031 At least 8.0% / Cost of shareholders’ equity Approximately 10.0% / WACC Approximately 8.0%
Annual Dividend	Fiscal year ending March 2026 ¥69 per share / Fiscal year ending March 2027: plan ¥69 per share / Interim Dividend ¥28 per share
Payout ratio	Targeted at 30%
Acquisition of treasury shares	Cancellation of 4.5 million treasury shares scheduled for 29 May 2026
Capital expenditures	100 On the order of ¥10 billion (new logistics center)
Orders received and order backlog	Order backlog ¥113,500 million / Year on year against the same period last year 51.2
Market Size / Share	Domestic market share of auxiliary engines for large ocean-going vessels 46% / Overseas market share of auxiliary engines for large ocean-going vessels 25% / World fleet size 116,050 vessels
New initiatives	Construction of a new logistics center (total investment of approximately ¥10 billion, targeted to begin operations in spring 2028), Construction of a new plant in Gunma by a subsidiary (targeted to begin operations in winter 2027), Development of a methanol dual-fuel engine for commercial release in 2027, Development of an ammonia dual-fuel engine for commercial release in 2028, Expansion of the onboard power module integration business, Provision of the digital tool "DD-PASSPORT" for seafarers

Items this document does not state (9)

Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookKey points of the Q&A

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.

Maintenance-related revenue remained at a high level above the target, maintenance revenue increased as vessel utilization rates rose, and higher fixed costs were offset by increased maintenance revenue and foreign exchange effects. The decline in revenue was attributed to the higher proportion of small and medium-sized engines.

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.