Dainichiseika reports mixed H1 results, plans stock split

For the six months ended September 30, 2025, Dainichiseika reported net sales of JPY 61,723 million, a slight decrease of 0.7% year-on-year. Operating profit, however, rose by 18.1% to JPY 4,104 million, and ordinary profit increased by 19.7% to JPY 4,489 million. Despite these gains, profit attributable to owners of parent plummeted by 53.1% to JPY 3,764 million, largely due to a substantial gain on sale of non-current assets recorded in the prior year.

The company also announced a four-for-one stock split effective April 1, 2026, aimed at expanding its investor base and enhancing share liquidity. Following the split, the total number of authorized shares will increase from 50,000,000 to 200,000,000. Additionally, the shareholder return policy has been revised, adjusting the annual dividend target to at least JPY 25 per share after the stock split.

Total assets as of September 30, 2025, increased to JPY 197,330 million, up JPY 545 million from March 31, 2025. Net assets also grew to JPY 131,229 million, driven by an increase in retained earnings. The full-year forecast for the fiscal year ending March 31, 2026, includes projected net sales of JPY 127,300 million and profit attributable to owners of parent of JPY 6,900 million.