Wed, Nov 04, 2026中文About
Filings today 369 / Covered 20
Source: TDnet timely disclosures
Updated 11/04 16:00M&A / TOB 16 Guidance 40 Buybacks 7 Dividends 7 Capital 6 Earnings 87 People 1

Dainichi Kogyo first-half operating profit falls 60.2%; full-year forecast kept

Wed, Nov 04, 2026 15:30 JST Dainichi Kogyo (5951.T) Heating appliances 中文

Dainichi Kogyo Co., Ltd. (5951) said on Nov. 4 its operating profit for the April-September first half fell 60.2% to ¥135 million, while it left its full-year forecast unchanged.

H1 operating profit¥135 million (down 60.2%)
H1 net sales¥6,617 million (down 5.2%)
FY operating profit forecast (unchanged)¥1.3 billion
Dainichi Biru stake after transfer1,832,300 shares (11.31%)
ItemH1 FY3/2027Change
Net sales¥6,617 million-5.2%
Operating profit¥135 million-60.2%
Ordinary profit¥372 million-19.5%
Net profit¥255 million-17.9%

Earnings per share were ¥15.80, compared with ¥19.25 a year earlier. The heater and humidifier maker said its sales are concentrated in the second half, and that more retailers delayed purchases of winter products this year due to warehouse space constraints. Heating equipment sales fell 7.9% to ¥4,521 million, environmental equipment sales fell 16.4% to ¥1,468 million, and other sales rose 101.0% to ¥627 million.

The company kept its full-year forecast of ¥20.5 billion in net sales, ¥1.3 billion in operating profit and ¥1.2 billion in net profit, and its year-end dividend forecast of ¥28 per share. The equity ratio stood at 89.2% at end-September.

Separately, Chairman Hisao Yoshii will sell part of his stake to Dainichi Biru, an asset management company owned by his relatives, via off-auction ToSTNeT-1 trading on Nov. 5. Dainichi Biru will acquire 470,600 shares, raising its holding to 1,832,300 shares, or 11.31% of voting rights, from 8.41%, remaining the second-largest shareholder. BH Co., represented by Kumiko Yoshii, will acquire 556,900 shares (3.44%). The two companies are acting jointly, so the purchases are disclosed as an accumulation equivalent to a tender offer under the Financial Instruments and Exchange Act. The company said the change will not affect its management or earnings.

The share transfer is scheduled for Nov. 5, 2026, and the semi-annual securities report is due to be filed on Nov. 10, 2026.


Original filings
Related