Dawn Corporation FY2026 Q2 Earnings Report | IR Tracker

Financial Highlights

Net Sales: ¥646M
Operating Income: ¥206M
Net Income: ¥148M
Earnings per Unit (EPU): ¥48.96

Income Statement

Item	Current	Prior	YoY %
Net Sales	¥646M	¥635M	+1.7%
Cost of Sales	¥185M	¥205M	-9.5%
Gross Profit	¥461M	¥431M	+7.0%
SG&A Expenses	¥255M	¥239M	+6.6%
Operating Income	¥206M	¥191M	+7.9%
Non-operating Income	¥8M	¥4M	+98.0%
Ordinary Income	¥213M	¥195M	+9.2%
Profit Before Tax	¥214M	¥195M	+9.4%
Income Tax Expense	¥65M	¥57M	+13.4%
Net Income	¥148M	¥138M	+7.2%
Depreciation & Amortization	¥3M	¥3M	+0.8%
Earnings per Unit (EPU)	¥48.96	¥44.92	+9.0%
Distribution per Unit (DPU)	¥0.00	¥0.00	-

Balance Sheet

Item	Current End	Prior End	Change
Current Assets	¥1.92B	¥2.09B	¥-165M
Cash and Deposits	¥1.53B	¥1.73B	¥-196M
Accounts Receivable	¥230M	¥314M	¥-84M
Non-current Assets	¥1.16B	¥985M	+¥179M
Property, Plant & Equipment	¥18M	¥17M	+¥948,000

Cash Flow Statement

Item	Current	Prior	Change
Operating Cash Flow	¥80M	¥-10M	+¥89M
Investing Cash Flow	¥47M	¥-238M	+¥285M
Financing Cash Flow	¥-73M	¥-61M	¥-11M
Free Cash Flow	¥127M	-	-

Profitability Ratios

Item	Value
Net Profit Margin	22.9%
Gross Profit Margin	71.4%
Current Ratio	1059.3%
Quick Ratio	1059.3%
Debt-to-Equity Ratio	0.08x
EBITDA Margin	32.3%
Effective Tax Rate	30.4%

Year-over-Year Comparison

Item	YoY Change
Net Sales YoY Change	+1.7%
Operating Income YoY Change	+7.6%
Ordinary Income YoY Change	+9.4%
Net Income YoY Change	+7.8%

Unit Information

Item	Value
Units Outstanding (incl. Treasury)	3.30M shares
Treasury Units	254K shares
Average Units Outstanding	3.04M shares
NAV per Unit	¥935.53
EBITDA	¥209M

Distribution Information

Item	Amount
Q2 Distribution	¥0.00
Year-End Distribution	¥24.00

Full Year Forecast

Item	Forecast
Net Sales Forecast	¥1.70B
Operating Income Forecast	¥610M
Ordinary Income Forecast	¥617M
Net Income Forecast	¥435M
Earnings per Unit Forecast (EPU)	¥143.42
Distribution per Unit Forecast (DPU)	¥26.00

Dawn Corporation FY2026 Q2 Earnings Report | IR Tracker