Yamato Kogyo Co., Ltd.
【Daiwa Industries】Q1 FY2027 Results|Sales of JPY 3.92 billion (Flat)
For the first quarter of fiscal year ending March 2027, sales are JPY 3.92 billion, flat YoY, with net profit increasing to approximately JPY 12.29 billion. Segment-wise, Japan’s steel business is incurring losses, but activities in the US and Thailand are performing well. Full-year forecasts have also been revised.
Key Figures
- Sales: JPY 39,195 million (Flat)
- Net income attributable to owners of parent: JPY 12,291 million (107.9% increase)
- Full-year earnings forecast revision: Sales of JPY 178,000 million, Net income of JPY 57,500 million
AI要約
Performance Overview
Daiwa Industries' first quarter of fiscal year ending March 2027 recorded flat sales of JPY 3.92 billion, with net profit soaring to approximately JPY 12.29 billion. While steel businesses in the US and Thailand remain robust, the Japanese steel operations suffered losses due to operational halts and rising costs. The full-year forecast has been revised, with attention directed towards future business prospects.
Outlook and Impact on Shareholders
Despite challenges from Middle Eastern geopolitical issues and sluggish steel demand in China, the strong US operations have led to a revision of the full-year earnings forecast. Business in Thailand and Indonesia remains steady, with plans to expand earnings at overseas sites. Share dividends are planned to be JPY 200, same as in fiscal year 2026.
Daiwa Industries Ltd.
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