DaikyoNishikawa Corporation Raises FY2027 Earnings Forecast on Strong Demand
DaikyoNishikawa Corporation (TSE:4246) has raised its earnings and dividend guidance for the fiscal year ending March 2027, citing stronger-than-expected customer production volumes and improved cost management.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 81.3bn | JPY 83.7bn | +3.0% |
| Operating Profit | JPY 4.60bn | JPY 4.70bn | +2.2% |
| Ordinary Income | JPY 4.50bn | JPY 5.10bn | +13.3% |
| 親会社株主に帰属する四半期純利益 | JPY 3.30bn | JPY 4.10bn | +24.2% |
| １株当たり四半期純利益 | JPY 50.10/share | JPY 62.86/share | +JPY 12.76/share |
For the six-month interim period ended September 2026, the company raised full-year revenue guidance to JPY 167.1bn from JPY 161.8bn, a 3.3% increase. Net profit for the full fiscal year is now forecast at JPY 10.0bn, up 8.7% from the prior estimate of JPY 9.2bn. Management attributed the revision to higher customer production volumes, increased tooling sales, and favorable currency translation effects. While Middle East geopolitical tensions pressured raw material costs, the company offset these headwinds through cost improvement initiatives and foreign exchange gains. Additionally, a reassessment of restructuring-related expenses further boosted bottom-line profitability.
The company also increased its annual dividend forecast by JPY 1.00/share to JPY 58.00/share, signaling confidence in sustained earnings momentum. The ordinary income (keijo rieki)—a Japan-specific metric capturing operating profit plus non-operating gains—surged 13.3% to JPY 5.10bn in the interim period, reflecting forex benefits and improved operational leverage. For international investors, ordinary income differs from operating profit by including financial income and expenses, making it a broader profitability measure than typical operating metrics. The revision underscores improving operational execution and shareholder-friendly capital allocation amid a supportive demand environment.
Source: Original filing (TDnet) | 日本語版
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