Daido Steel Co., Ltd. Financial Summary for the Second Quarter of Fiscal Year Ending March 2027 (IFRS)

Overview of Results

In the second quarter of the fiscal year ending March 2027, the Group recorded revenue of 330,652 million yen, representing a 16.2% increase year-over-year. Operating income was 26,068 million yen, profit before tax was 27,302 million yen, and interim profit attributable to owners of the parent was 18,262 million yen, all significantly exceeding the same period last year. The expansion of the consolidation scope to include the newly consolidated subsidiary Tohoku Special Steel Co., Ltd. contributed to these results. The Company also announced revisions to its full-year forecast and dividend forecast.

Outlook and Capital Policy

The consolidated full-year earnings forecast suggests the possibility of an upward revision, and demand for high-performance products is expected to remain robust amid stabilization of semiconductor-related demand and recovery in industrial machinery demand. The interim dividend has been revised to 28 yen and the annual dividend to 56 yen, with continued attention to shareholder returns. Taking into account the impact of the newly consolidated subsidiary, the Company will continue business portfolio transformation and growth investments.