Daifuku achieves record midterm results, raises full-year profit outlook

Daifuku, a leading Japanese manufacturer of logistics systems and material handling equipment, held an online briefing on August 7 to announce its financial results for the second quarter of fiscal year ending December 2025 (January–June 2025). 

Record-high sales and profits in the midterm 

Orders totaled 334.4 billion yen, up 0.2% compared with the same midterm period of the previous year (April–September 2024 for Japan due to a fiscal year change, January–June 2024 for overseas). Orders from general manufacturing, distribution, and automotive production lines declined, but demand for semiconductor production lines and airport systems increased, keeping overall orders at roughly the same level as last year. 

Revenue rose 7.9% year-on-year (YoY) to 326.4 billion yen, operating profit climbed 34.0% to 51.1 billion yen, ordinary profit increased 37.5% to 52.5 billion yen, and net profit attributable to owners of parent rose 26.6% to 37.6 billion yen. All figures marked record highs for a midterm period. The company attributed the improvement in profitability to initiatives such as enhancing production efficiency and reducing costs. 

Upward revision of profit forecast 

For the full fiscal year ending December 2025, Daifuku maintained its order and revenue forecasts at 700.0 billion yen and 650.0 billion yen, respectively, unchanged from the May outlook. However, the company revised its profit outlook upward: operating profit to 87.0 billion yen (up 5.5 billion yen from May), ordinary profit to 90.0 billion yen (up 5.7 billion yen), and net profit attributable to owners of parent to 68.0 billion yen (up 3.0 billion yen). 

President and CEO Hiroshi Geshiro commented, “Since our basic strategy is local production for local consumption, the impact of the U.S. Trump administration’s tariff hikes is limited.” 

New factory building completed at Mother Plant 

On July 24, Daifuku completed construction of a new factory building, designated as “Building M,” at its Shiga Plant in Hino, Shiga Prefecture, Japan—the company’s mother factory. The new facility will manufacture logistics systems for general manufacturing and distribution industries. 

Building M has a total floor area of approximately 20,000 m² and a building footprint of about 17,000 m². Although the investment amount was not disclosed, the facility will be used for the production of automated guided vehicles (AGVs) and the assembly of conveyor systems. The company will also relocate its parts center to Building M, doubling its area compared with the previous facility. An automated warehouse is also planned to enable faster and more accurate supply of maintenance parts.