For the first half of fiscal 2026, revenue and profit increased, with adjusted operating income of 23.2 billion yen and total first-half revenue on a scale of 307.0 billion yen. For the second half, assuming expanded demand for high-performance materials and contributions from newly consolidated entities, full-year adjusted operating income is forecast at 45.0 billion yen and full-year operating income at 46.0 billion yen. The interim dividend will be raised to 28 yen per share, resulting in an annual dividend of 56 yen per share.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"5471","jir_company_name":"Daido Steel Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/5471-20261029-02.pdf","jir_short_summary":"For the first half of fiscal 2026, revenue and profit increased, with adjusted operating income of 23.2 billion yen and total first-half revenue on a scale of 307.0 billion yen. For the second half, assuming expanded demand for high-performance materials and contributions from newly consolidated entities, full-year adjusted operating income is forecast at 45.0 billion yen and full-year operating income at 46.0 billion yen. The interim dividend will be raised to 28 yen per share, resulting in an annual dividend of 56 yen per share.","jir_summary":"### Overview of Performance\nIn the first half of fiscal 2026, revenue was 330.7 hundred million yen, operating income was 26.1 hundred million yen, and adjusted operating income was 23.2 hundred million yen, representing profit growth year-on-year. By segment, Special Steel Materials, Functional Materials, Magnetic Materials, Automotive Parts, Industrial Machinery Parts, Engineering, Distribution and Services performed steadily. Taking into account second-half external environment assumptions, adjusted operating income for fiscal 2026 is projected at 45.0 hundred million yen and operating income at 46.0 hundred million yen for the full year. The interim dividend will be increased by 4 yen to 28 yen per share, raising the annual dividend to 56 yen per share.\n\n### Shareholder Returns and Future Outlook\nThe dividend payout target is set at 30% or more, with a policy of maintaining DOE at a minimum of 2.5%. Share buybacks are also being considered to preserve flexibility in capital policy. In the second half, amid increasing demand for high-performance materials such as stainless steel for semiconductor manufacturing equipment and free-forging products, profit levels are expected to be maintained and expanded. The consolidation effect of Tohoku Special Steel may also contribute.","jir_financial_highlights":"Revenue: 3,307 (Year-on-year difference 462)\nOperating Income: 261 (Year-on-year +76)\nAdjusted Operating Income: 232 (Year-on-year +18)\nNet Income Attributable to Owners of Parent: 310 (Year-on-year compared to prior period)\nDividend (yen\/share): 28 (interim)\/56 (full year) (No change from forecast 5\/15)","jir_category":"","jir_hashtags":"#DaidoSteel, #Earnings, #MidtermManagementPlan, #ESG","jir_key_figures":"Revenue: 3,307 (hundred million yen) First-half results\nOperating Income: 261 (hundred million yen) First-half results\nAdjusted Operating Income: 232 (hundred million yen) First-half results","jir_meta_title":"Daido Steel Co., Ltd. - Fiscal 2026 First-Half Results | Full-Year Outlook and Dividend Policy","jir_meta_description":"Summary of Daido Steel Co., Ltd.'s fiscal 2026 first-half results: revenue and profit trends, segment performance, full-year outlook, dividend policy, and ESG\/governance initiatives.","jir_og_title":"Daido Steel Co., Ltd. | Fiscal 2026 First-Half Results and Outlook","jir_og_description":"An overview of fiscal 2026 first-half results, full-year outlook and dividend policy. 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