Komori
Earnings6743Daido Signal Co.,Ltd.Electrical Equipment and Precision Instruments

Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

For the fiscal year ended March 2026, net sales increased 17.3% and operating profit increased 89.8%, resulting in higher sales and profit. For the fiscal year ending March 2027, net sales are expected to remain broadly flat, while operating profit is forecast to decline 17.7%. The annual dividend is expected to increase to ¥36.

Worth reading
51Recurring
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
89.8
% (year-on-year increase in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales25,695¥ millionYear on year +17.3%Progress 100.0%
Operating profit2,187¥ millionYear on year +89.8%Progress 121.5%
Ordinary income2,347¥ millionYear on year +86.0%Progress 123.5%
Net income attributable to owners of the parent1,791¥ millionYear on year +16.1%Progress 94.3%

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¥112.98
Operating Margin8.5%
Financial position at period-end
Total assets50,994¥ million
of which net assets 32,977 ¥ millionEquity ratio 54.6%vs. prior year-end +1.1pt

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+918
Investment+123
Financials-720
Net change+321

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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¥3,817 million
Segment revenueRailway signaling business ¥23,958 million (YoY +17.8%), Industrial equipment business ¥1,330 million (YoY +14.0%), Real Estate Business ¥406 million (YoY +0.5%)
Segment profitRailway signaling business ¥3,735 million (YoY +45.1%), Industrial equipment business ¥5 million, Real Estate Business ¥161 million (YoY +2.0%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥25,700 million (YoY 0.0%)
Operating profit¥1,800 million (YoY -17.7%)
Ordinary income¥1,900 million (YoY -19.1%)
Net income¥1,900 million (YoY +6.1%)
Annual Dividend Forecast¥15 → ¥36(+140.0%)
Payout ratio31.0% (fiscal year ended March 2026)
Shareholder Return PolicyConsolidated payout ratio of 30% or more as a near-term guideline
Factors Behind Changes in Business Performance

In the railway signaling business, sales of system products such as ATC and electronic interlocking systems, and field products such as ATS, increased. In the industrial equipment business, sales of equipment for public facilities, automatic gap adjusters for railway cars, and equipment for special-purpose vehicles increased. In the real estate business, occupancy rates improved.

Disclosure regarding the going concern assumption

None. The notes on the going concern assumption and significant events or conditions contain 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
Changes in the scope of consolidationNo additions or exclusions. There were no significant changes in subsidiaries during the period.
Material subsequent eventsNot applicable.
Impairment lossNo expense recognized in the current period
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥379,498 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥4,046 thousand
Depreciation and amortization¥519,812 thousand
Orders received and order backlogOrders received ¥25,721 million / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End18,018,000 shares
Treasury Shares at Period-End2,139,106 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥25,695 million (YoY +17.3%)
Operating profit¥2,187 million (YoY +89.8%)
Ordinary income¥2,347 million (YoY +86.0%)
Profit attributable to owners of the parent¥1,791 million (YoY +16.1%)
Net income per share¥112.98
Operating Margin8.5%
Equity ratioEnd of the current fiscal period 54.6% / End of previous period 53.5%
Total assets¥50,994 million
Net assets¥32,977 million
Cash flows from operating activities¥918 million
Cash flows from investing activities¥123 million
Cash flows from financing activities¥-720 million
Cash and cash equivalents at end of period¥3,817 million
Full-year earnings forecastNet Sales ¥25,700 million (YoY 0.0%) / Operating profit ¥1,800 million (YoY -17.7%) / Ordinary income ¥1,900 million (YoY -19.1%) / Net income ¥1,900 million (YoY +6.1%)
Annual Dividend Forecast¥15 → ¥36(+140.0%)
Payout ratio31.0% (fiscal year ended March 2026)
Shareholder Return PolicyConsolidated payout ratio of 30% or more as a near-term guideline
Segment revenueRailway signaling business ¥23,958 million (YoY +17.8%), Industrial equipment business ¥1,330 million (YoY +14.0%), Real Estate Business ¥406 million (YoY +0.5%)
Segment profitRailway signaling business ¥3,735 million (YoY +45.1%), Industrial equipment business ¥5 million, Real Estate Business ¥161 million (YoY +2.0%)
Orders received and order backlogOrders received ¥25,721 million / Order backlog Not disclosed
Depreciation and amortization¥519,812 thousand
Impairment lossNo expense recognized in the current period
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥379,498 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥4,046 thousand
Disclosure regarding the going concern assumptionNone. The notes on the going concern assumption and significant events or conditions contain no applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNo additions or exclusions. There were no significant changes in subsidiaries during the period.
Material subsequent eventsNot applicable.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End18,018,000 shares
Treasury Shares at Period-End2,139,106 shares
Factors Behind Changes in Business PerformanceIn the railway signaling business, sales of system products such as ATC and electronic interlocking systems, and field products such as ATS, increased. In the industrial equipment business, sales of equipment for public facilities, automatic gap adjusters for railway cars, and equipment for special-purpose vehicles increased. In the real estate business, occupancy rates improved.
Items this document does not state (2)
Revision to Earnings ForecastRegional sales

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.

In the railway signaling business, sales of system products such as ATC and electronic interlocking systems, as well as field products such as ATS, increased. In the industrial equipment business, sales of equipment for public facilities, automatic gap adjusters for railway cars, and equipment for special-purpose vehicles increased. In the real estate business, occupancy rates improved.

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 Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | Daido Signal Co.,Ltd. (6743) timely disclosure | Komori