Daiseki Co., Ltd.
9793・Prime Market・Services
Environment-Related Business
The sole segment of the Daiseki Group, centered on industrial waste processing and recycling
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (cumulative Q1 FY2027, ending February 2027) | ¥18,275 million | ¥17,912 million (Q1 FY2026, ending February 2026) | ↑ |
| Operating profit (cumulative Q1 FY2027, ending February 2027) | ¥4,151 million | ¥3,830 million (Q1 FY2026, ending February 2026) | ↑ |
| Ordinary profit (cumulative Q1 FY2027, ending February 2027) | ¥4,267 million | ¥3,916 million (Q1 FY2026, ending February 2026) | ↑ |
| Quarterly net profit attributable to owners of parent (cumulative Q1 FY2027, ending February 2027) | ¥2,871 million | ¥2,441 million (Q1 FY2026, ending February 2026) | ↑ |
| Revenue (full-year forecast FY2027, ending February 2027) | ¥74,200 million | ¥67,304 million (FY2026 actual, ended February 2026) | ↑ |
| Operating profit (full-year forecast FY2027, ending February 2027) | ¥16,800 million | ¥14,318 million (FY2026 actual, ended February 2026) | ↑ |
| Operating profit margin (cumulative Q1 FY2027, ending February 2027) | 22.7% | 21.4% (Q1 FY2026, ending February 2026) | ↑ |
| Equity ratio | 78.1% (end of Q1 FY2027, ending February 2027) | 77.7% (end of FY2026, ended February 2026) | ↑ |
| Quarterly net profit per share | ¥60.73 | ¥51.02 (Q1 FY2026, ending February 2026) | ↑ |
Business Details
Comprising a total of 9 companies centered on Daiseki Co., Ltd., including Hokuriku Daiseki, Daiseki Environmental Solution, Daiseki MCR, System Kiko, Green Arrows Chubu/Kyushu, Sugimoto Shoji, and Sugimoto Shigyo. The segment engages in Industrial Waste Collection, Transport & Intermediate Processing of industrial waste (primarily factory wastewater), Soil Contamination Survey & Treatment, Lead Recycling Business, Large Tank Cleaning Business, VOC gas recovery, Waste Paper Sales & General Waste Collection/Transport, and more. Through recycling-based processing methods, the segment aims to achieve both reduced environmental impact and secured profitability.
Recent Overview
In Q1 FY2027 (ending February 2027), both revenue and profit reached record highs
In the first quarter of FY2027 (ending February 2027) (March-May 2026), revenue was ¥18,275 million (up 2.0% year on year), operating profit was ¥4,151 million (up 8.3% year on year), and quarterly net profit attributable to owners of parent was ¥2,871 million (up 17.6% year on year), with both revenue and profit reaching record highs. The core industrial waste processing business was the main driver, supported by active acquisition of wastewater used as raw material for recycled fuel. In the soil contamination treatment business, revenue declined but profit increased due to steady progress in high-value-added projects. There was no revision to the full-year earnings forecast (revenue of ¥74,200 million, operating profit of ¥16,800 million). The annual dividend forecast is ¥86.00 (an increase from ¥76.00 in the previous fiscal year).
Key Products
Growth Drivers
- Continued market share gains in the core industrial waste processing business through active acquisition of wastewater used as recycled fuel raw material
- Strong shipments of recycled fuel and rising social recognition (driven by carbon-neutral demand)
- Receipt and progress of large-scale, high-value-added projects in the soil contamination treatment business across the Chubu, Kanto, and Kansai areas
- Expansion of business bases into Kanto, Kansai, Hiroshima (opened March 2024), and Hokkaido (land acquired September 2024)
- Medium-term plan targeting revenue of ¥81.0 billion and operating profit of ¥18.0 billion for FY2028 (ending February 2028)
- Strengthening of the business expansion foundation through securing personnel and enhancing training
Risks
- Fluctuations in business performance due to variability in orders for large-scale factory buried waste and contaminated soil removal construction projects (e.g., the shift of System Kiko's projects to the second quarter)
- Increases in cost of sales and SG&A expenses due to continued rises in raw material costs, labor costs, and other expenses
- Risk of decreased industrial waste generation due to sluggish growth in domestic mining and manufacturing production
- Uncertainty in the domestic economic outlook due to overseas risks, including the situation in the Middle East
- Risk of impairment due to changes in future cash flow estimates related to the valuation of goodwill and customer-related assets
- Risk of tightening of, or violations related to, environmental regulations including the Waste Management Act
Last updated: May 27, 2026