For the interim period ending January 2027, net sales were 12,352 million yen, up 11.8% YoY. Operating income 886 million yen (\u25b31.1%), ordinary income 891 million yen (\u25b32.2%), interim net income 560 million yen (\u25b32.5%). Accelerated store openings to form a 164-store network. Full-year guidance maintained from the previous release. Financial position shows equity ratio 65.9%, equity 6,678 million yen. Cash and cash equivalents declined to 851 million yen.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"5888","jir_company_name":"DAIWA CYCLE Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/5888-20260914-01.pdf","jir_short_summary":"For the interim period ending January 2027, net sales were 12,352 million yen, up 11.8% YoY. Operating income 886 million yen (\u25b31.1%), ordinary income 891 million yen (\u25b32.2%), interim net income 560 million yen (\u25b32.5%). Accelerated store openings to form a 164-store network. Full-year guidance maintained from the previous release. Financial position shows equity ratio 65.9%, equity 6,678 million yen. Cash and cash equivalents declined to 851 million yen.","jir_summary":"### Business performance overview\nFor the interim period of this term, net sales were 12,352 million yen, up 11.8% YoY, remaining solid. However, due to rising store opening costs, raw materials, and personnel expenses, and currency effects, operating income was 0.89 billion yen, below the prior year, with ordinary income and interim net income also declining. The bicycle-related sales business operates as a single segment, with increased promotional costs accompanying the expansion of directly managed stores.\n\n### Financial position and cash flows\nTotal assets were 10,138 million yen, net assets 6,678 million yen, with an equity ratio of 65.9%, showing no significant fluctuations. Cash and cash equivalents declined to 851 million yen. In investing activities, there were notable repayments and acquisitions of securities and acquisitions of tangible fixed assets. In financing activities, dividend payments affected cash flow.","jir_financial_highlights":"Net sales: 12,352 (YoY 11.8% increase)\nOperating income: 886 (YoY \u25b31.1%)\nOrdinary income: 891 (YoY \u25b32.2%)\nInterim net income: 560 (YoY \u25b32.5%)\nNumber of stores: 164 stores (Accelerating new openings)","jir_category":"","jir_hashtags":"#DAIWA_CYCLE, #FinancialSummary, #BicycleRelatedSales","jir_key_figures":"Net sales: 12,352 million yen\nOperating income: 886 million yen\nInterim net income: 560 million yen","jir_meta_title":"DAIWA CYCLE 2027 January Term Second Quarter Financial Summary | Net sales up 11.8% to 12,352 million yen","jir_meta_description":"Summary of DAIWA CYCLE's 2027 January term second quarter financial results. Net sales 12,352 million yen, operating income 886 million yen, net income 560 million yen. Analysis of store expansion and rising costs. Full-year guidance unchanged.","jir_og_title":"DAIWA CYCLE 2027 January Term Interim Earnings | Net sales 12,352 million yen","jir_og_description":"In DAIWA CYCLE's interim results, net sales rose 11.8% YoY while profits declined. Expansion to 164 directly managed stores, full-year guidance unchanged. See IR materials for details.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59077,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-113823","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n