2027 Q1 Financial Results | Revenue of 2,943.7 billion yen (+0.8% YoY)

Overview of Business Performance

Daito Industry recorded revenue of 2,943.7 billion yen in the first quarter of the fiscal year ending March 2027, representing a 0.8% increase compared to the same period last year. Operating income was 1,174 billion yen (up 84.3%), ordinary income was 1,360 billion yen (up 98.6%), and net income attributable to owners of the parent totaled 1,107 billion yen (up 227.1%), all showing significant growth. The automotive parts-related business continued to perform well, with sales of 2,735.7 billion yen (+6.6%), while automotive manufacturing equipment-related business declined by 41.3%. The full-year outlook remains steady, with projections of sales of 12,000 billion yen and net income of 3,600 billion yen.

Financial Position and Future Outlook

As of the end of the first quarter, total assets were 111,112 billion yen, a decrease of 3,271 billion yen from the previous fiscal year-end. Liabilities totaled 45,859 billion yen, decreasing by 4,180 billion yen, while net assets increased by 908 billion yen to 65,253 billion yen. The dividend remains undecided, but the full-year forecast remains unchanged. The company aims for stable growth driven by continued strength in automotive-related businesses.