Daiei Kankyo (9336) investor relations material

Executive summary

• Net sales for FY2027/3 1Q reached ¥24,136 million, up 20.6% year-over-year, with operating profit at ¥5,598 million, up 31.4%, and EBITDA at ¥8,778 million, up 43.0%.

• All major financial metrics exceeded internal forecasts, driven by increased waste and contaminated soil volumes, infrastructure projects, and M&A, including new subsidiaries.

• Profit attributable to owners of parent increased 22.1% year-over-year to ¥3,548 million.

• Full-scale operation of a new plastic recycling facility began in April 2026, and a new governance structure was implemented.

Financial highlights

• Operating profit margin improved to 23.2% (up 1.9pt year-over-year), and EBITDA margin rose to 36.4% (up 5.7pt).

• Gross profit increased to ¥10,391 million from ¥8,309 million year-over-year.

• Basic earnings per share for the quarter were ¥35.54, up from ¥29.51 year-over-year.

• Comprehensive income reached ¥4,006 million, up from ¥2,543 million year-over-year.

• Cash and deposits decreased by ¥9,930 million due to dividend payments and debt repayment.

Outlook and guidance

• 1Q progress rates: net sales at 25.7%, operating profit at 23.0%, and EBITDA at 23.7% of full-year forecasts.

• Full-year net sales forecast is ¥93,900 million, up 6.9% year-over-year; operating profit forecast is ¥24,300 million, up 9.5%.

• Profit attributable to owners of parent is projected at ¥16,400 million for the fiscal year ending March 31, 2027, up 3.5% year-over-year.

• Dividend payout ratio target maintained at 33% or higher, with progressive dividends planned; FY2027 dividend forecast is ¥55.00 per share.

• No changes to previously announced earnings forecasts.