Daikoku Denki—Revenue declined in Q1, but sales of new products launched in the previous fiscal year remained solid

Daikoku Denki announced its consolidated results for the first quarter of the fiscal year ending March 2027 on the 7th. Net sales fell 19.4% year on year to ¥12.36 billion, operating profit declined 34.4% to ¥2.314 billion, ordinary profit decreased 33.8% to ¥2.352 billion, and net income attributable to owners of the parent fell 38.9% to ¥1.480 billion. Profit declined markedly across the company.

Net sales in the information systems business were ¥10.493 billion, down 9.2% year on year, while segment profit was ¥2.830 billion, down 10.6%. Sales of the new products launched in the previous fiscal year, BiGMO XCEL and TJ-01, as well as information disclosure products, remained solid. However, sales of the VEGASIA card unit fell below the year-earlier level as growth in the installation ratio of smart gaming machines slowed, and sales of products for pachinko halls and other items also declined.

Net sales in the amusement business were ¥1.176 billion, down 66.2% year on year, and segment profit was ¥139 million, down 85.3%. Parts sales exceeded the year-earlier level and remained solid, while sales of the company’s own game title 首都高バトル progressed well. The company is also preparing to launch new machines for DAXEL.

Other sales were ¥716 million, up 138.4% year on year, while the segment posted a loss of ¥82 million, compared with a segment loss of ¥28 million in the same period of the previous year. SHUNRI’s conversion into a subsidiary contributed to results, and an event commemorating the 30th anniversary of the Hakone Venetian Glass Museum was held. The full-year forecast remains unchanged at net sales of ¥48.00 billion, operating profit of ¥4.500 billion, ordinary profit of ¥4.600 billion and net income of ¥3.100 billion.