Daido Steel Co., Ltd.
Notice Regarding Revision of Earnings Guidance
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).
Key Figures
- Revenue: 575,000 million yen (1.8% increase from previous forecast)
- Operating Income: 36,000 million yen (9.1% increase from previous forecast)
- Net Income Attributable to Owners of Parent: 25,500 million yen (8.5% increase from previous forecast)
AI要約
Details of Revision to Earnings Guidance
Daido Steel Co., Ltd. has revised its full-year consolidated earnings guidance for the fiscal year ending March 2026, revising revenue to 575.0 billion yen (1.8% increase from previous forecast), operating income to 36.0 billion yen (9.1% increase), and net income attributable to owners of parent to 25.5 billion yen (8.5% increase). Adjusted operating income and income before taxes are also expected to increase compared to the previous forecast.
Reasons for the Revision and Future Outlook
The iron scrap market price has exceeded assumptions, order levels remain strong, the weak yen exchange rate continues, and ongoing cost reduction efforts have enabled the maintenance and securing of appropriate margins, leading to the upward revision of earnings guidance. However, these forecasts are based on reasonable assumptions as of the current point and actual results may vary.
