#DaidoSteelCoLtd

Daido Steel Co., Ltd. will absorb its wholly owned subsidiary Daido IT Solutions Co., Ltd. as of January 1, 2027, aiming to promote DX and strengthen IT strategic planning capabilities.

Revised full-year consolidated earnings guidance for the fiscal year ending March 2026 to revenue of 575.0 billion yen (1.8% increase from previous forecast), operating income of 36.0 billion yen (9.1% increase), and net income attributable to owners of parent of 25.5 billion yen (8.5% increase).