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Daiwa Co. Swings to Loss Amid Declining Half-Year Revenue

A sharp reversal hit Daiwa Co. Ltd. as the retailer reported a net loss of 584 million yen for the half-year ending August 31, 2026. This stark contrast to the 190 million yen profit recorded during the same period last year underscores a challenging fiscal stretch for the Japanese firm.

Daiwa Co. Swings to Loss Amid Declining Half-Year Revenue

Revenue for the period slipped to 7.94 billion yen, down from 7.99 billion yen a year earlier. Operating profit also tightened, falling to 139 million yen from 155 million yen. Pretax profit followed a similar downward trajectory, settling at 154 million yen compared to 174 million yen in 2025. Diluted earnings per share plummeted to a loss of 104.30 yen from a positive 33.94 yen. These results, calculated under Japanese accounting standards, reflect broader margin pressures facing the company as it navigates the current fiscal year.

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