Komori
Results6743Daido Signal Co.,Ltd.Electrical and Precision Instruments

Earnings Report for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, sales and profit increased, driven by growth in the railway signaling-related business and other operations. The full-year earnings forecast was revised, with forecasts for operating profit, ordinary profit and net profit set below the previous fiscal year's results, while the annual dividend forecast was raised from ¥35 to ¥38.

Worth reading
52Recurring
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
49.5
% (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales12,386¥ millionYear on year +9.4%Progress 47.3%
Operating profit1,402¥ millionYear on year +49.5%Progress 68.1%
Ordinary income1,586¥ millionYear on year +44.4%Progress 68.7%
Net income attributable to owners of the parent1,118¥ millionYear on year +58.4%Progress 62.8%

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¥72.89
Financial position at period-end
Total assets48,305¥ million
of which net assets 31,198 ¥ millionEquity ratio 53.7%vs. prior year-end -0.9pt

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.

Segment revenueRailway signaling-related operations ¥11,594 million (YoY +9.0%), Industrial equipment-related operations ¥586 million (YoY +23.5%), Real-Estate-Related Business ¥205 million (YoY -0.8%)
Segment profitRailway signaling-related operations ¥2,183 million (YoY +31.1%), Industrial equipment-related operations ¥82 million, Real-Estate-Related Business ¥94 million (YoY +7.2%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥26,200 million (YoY +2.0%)
Operating profit¥2,060 million (YoY -5.8%)
Ordinary income¥2,310 million (YoY -1.6%)
Net income¥1,780 million (YoY -0.6%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥26,200 million / Operating profit Not disclosed → ¥2,060 million / Ordinary income Not disclosed → ¥2,310 million / Net income Not disclosed → ¥1,780 million
Annual Dividend Forecast¥35 → ¥38(+8.6%)
Factors Behind Changes in Business Performance

Orders for capital investment and maintenance and renewal spending from railway operators remained solid against a backdrop of steady railway passenger demand. In the railway signaling-related business, system products such as train operation management and transmission equipment and track circuits increased, as did field products such as level-crossing equipment and devices and power supply equipment and devices. In the industrial equipment-related business, automatic gap adjusters for railway vehicles and airport-related operations increased. The real estate-related business posted lower sales due to a decline in tenant occupancy, but profit increased because of lower equipment repair costs and other factors.

Disclosure regarding the going concern assumption

Not applicable

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 consolidationWhether applicable No / New Not disclosed / Excluded Not disclosed / Company name Not disclosed
Impairment loss11,202 Thousand yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sales of investment securities 359,936 Thousand yen / Extraordinary loss Impairment loss 11,202 Thousand yen, Loss on disposal of fixed assets 830 Thousand yen
Depreciation and amortization243,732 Thousand yen
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End18,018,000 shares
Treasury Shares at Period-End4,068,806 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥12,386 million (YoY +9.4%)
Operating profit¥1,402 million (YoY +49.5%)
Ordinary income¥1,586 million (YoY +44.4%)
Profit attributable to owners of the parent¥1,118 million (YoY +58.4%)
Net income per share¥72.89
Equity ratioEnd of the current fiscal period 53.7 / End of previous period 54.6
Total assets¥48,305 million
Net assets¥31,198 million
Full-year earnings forecastNet Sales ¥26,200 million (YoY +2.0%) / Operating profit ¥2,060 million (YoY -5.8%) / Ordinary income ¥2,310 million (YoY -1.6%) / Net income ¥1,780 million (YoY -0.6%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥26,200 million / Operating profit Not disclosed → ¥2,060 million / Ordinary income Not disclosed → ¥2,310 million / Net income Not disclosed → ¥1,780 million
Annual Dividend Forecast¥35 → ¥38(+8.6%)
Segment revenueRailway signaling-related operations ¥11,594 million (YoY +9.0%), Industrial equipment-related operations ¥586 million (YoY +23.5%), Real-Estate-Related Business ¥205 million (YoY -0.8%)
Segment profitRailway signaling-related operations ¥2,183 million (YoY +31.1%), Industrial equipment-related operations ¥82 million, Real-Estate-Related Business ¥94 million (YoY +7.2%)
Depreciation and amortization243,732 Thousand yen
Impairment loss11,202 Thousand yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sales of investment securities 359,936 Thousand yen / Extraordinary loss Impairment loss 11,202 Thousand yen, Loss on disposal of fixed assets 830 Thousand yen
Disclosure regarding the going concern assumptionNot applicable
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 consolidationWhether applicable No / New Not disclosed / Excluded Not disclosed / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End18,018,000 shares
Treasury Shares at Period-End4,068,806 shares
Factors Behind Changes in Business PerformanceOrders for capital investment and maintenance and renewal spending from railway operators remained solid against a backdrop of steady railway passenger demand. In the railway signaling-related business, system products such as train operation management and transmission equipment and track circuits increased, as did field products such as level-crossing equipment and devices and power supply equipment and devices. In the industrial equipment-related business, automatic gap adjusters for railway vehicles and airport-related operations increased. The real estate-related business posted lower sales due to a decline in tenant occupancy, but profit increased because of lower equipment repair costs and other factors.
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial 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.

Solid railway passenger demand led to orders for capital investment and maintenance and renewal spending from railway operators. Sales increased in system products and field products in the railway signaling-related business, as well as in airport-related operations in the industrial equipment-related business, contributing to higher sales and profit. Profit in the real estate-related business increased due to lower equipment repair costs and other factors. The detailed reasons for the revision to the full-year forecast are stated to be available in a separately published notice.

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Earnings Report for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | Daido Signal Co.,Ltd. (6743) timely disclosure | Komori