Daiei Kankyo (9336) investor relations material

Executive summary

• Net sales for FY2026/3 reached ¥87,855 million, up 9.6% year-over-year, with operating profit at ¥22,189 million, up 3.0% year-over-year.

• Achieved record highs in net sales and operating profit for the fiscal year ended March 31, 2026, driven by increased waste volumes and strategic acquisitions.

• Major M&A activity included making Sukarabesakure Co., Ltd. and four other companies consolidated subsidiaries, and KANAME KOGYO CO., LTD. an equity-method affiliate.

• New facilities began operations, including the Suehiro Plant for soil remediation and the 2nd stage final disposal site at Gobo Recycle Center.

• Profit attributable to owners of parent grew 10.3% year-over-year to ¥15,845 million.

Financial highlights

• EBITDA for FY2026/3 was ¥31,908 million (+14.7% YoY), with an EBITDA margin of 36.3%.

• Ordinary profit was ¥22,427 million (up 4.4% YoY), and comprehensive income was ¥16,119 million (up 7.6% YoY).

• Waste-related business accounted for ¥85,248 million in net sales (+10.0% YoY), with a segment profit of ¥22,477 million (+2.7% YoY).

• Soil remediation sales surged 47.3% YoY to ¥7,159 million.

• Cash and cash equivalents at period end were ¥54,440 million, up from ¥52,647 million.

Outlook and guidance

• FY2027/3 forecasts project net sales of ¥93,900 million (+6.9% YoY), operating profit of ¥24,300 million (+9.5% YoY), profit attributable to owners of parent ¥16,400 million (+3.5% YoY), and EBITDA ¥37,100 million.

• Dividend forecast for FY2027 is ¥55.00 per share.

• Waste and contaminated soil volumes received are projected to increase 11.2% and 21.2% YoY, respectively.

• Capital expenditures planned at ¥15,000 million, with depreciation and amortization costs rising due to new assets.

• FY2027/3 expects higher revenue and profits, driven by new facility operations and full-year contributions from recent M&A.