Daiwabo Holdings (3107) Q4 2026 earnings summary

Executive summary

• Achieved record-high consolidated net sales of ¥1,350,879 million (+18.8% YoY) and operating income of ¥44,169 million (+26.6% YoY) for the fiscal year ended March 31, 2026, driven by strong IT infrastructure demand and robust industrial machinery sales.

• ROE reached 19.9% and ROIC 16.9%, both exceeding medium-term plan targets.

• Significant growth in PC shipments (+67.9% YoY) and cloud business (iKAZUCHI transaction volume +34.6% YoY), capturing Windows 10 EOS and GIGA School Phase 2 demand.

• Comprehensive income increased 27.1% YoY to ¥34,608 million.

• Increased year-end dividend to ¥105 per share and acquired ¥8.0 billion in treasury shares.

Financial highlights

• Net sales: ¥1,350,879 million (+18.8% YoY); Operating income: ¥44,169 million (+26.6% YoY); Net income: ¥32,030 million (+29.4% YoY); EPS: ¥362.07 (+33.4% YoY).

• Operating profit margin improved to 3.3% from 3.1% YoY.

• Book value per share increased to ¥1,954.00 (+¥260.76 YoY).

• Cash flows from operating activities rose to ¥14,569 million (+¥8,659 YoY).

• Gross profit increased to ¥94,628 million.

Outlook and guidance

• FY2027 forecast: Net sales expected to decline to ¥1,189,000 million (-12.0% YoY) due to pullback from special PC demand; operating income forecast at ¥36,500 million (-17.4% YoY); EPS projected at ¥291.09.

• Dividend planned to increase to ¥110 per share.

• Focus on expanding cloud, managed services, and next-gen infrastructure to offset PC demand normalization.