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Revision to earnings forecast5471Daido Steel Co.,Ltd.Iron & Steel / Nonferrous Metals

Notice of differences between the forecast and actual results for the second quarter (interim period) of the fiscal year ending March 2027, revision to the full-year earnings forecast, and dividend from surplus

For the interim period of the fiscal year ending March 2027, demand for high-performance products, including products for semiconductor manufacturing equipment, and industrial machinery-related products exceeded expectations, resulting in sales revenue and profit exceeding the previous forecasts. Accordingly, the full-year sales revenue and each profit forecast were revised upward, and the interim dividend was increased from ¥24 per share to ¥28.

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Conditional
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Revised forecast

Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 15 May 2026
Net SalesInterim period (previously announced forecast)305,000→—million
—
Net SalesFull year (previously announced forecast)630,000→—million
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Operating profitInterim period (previously announced forecast)21,000→—million
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Operating profitFull year (previously announced forecast)40,000→—million
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Profit attributable to owners of the parentInterim period (previously announced forecast)14,000→—million
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Profit attributable to owners of the parentFull year (previously announced forecast)27,500→—million
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Net income per shareInterim period (previously announced forecast)70.05→—yen
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Net income per shareFull year (previously announced forecast)137.6→—yen
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The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

The full-year consolidated earnings forecast was revised in light of the strong order environment for high-performance products and firm demand for industrial machinery, among other factors. Interim results exceeded the previous forecasts because demand for high-performance products surpassed expectations and sales volumes related to industrial machinery remained firm.

Previous-period resultsInterim period: sales revenue of ¥284,499 million, operating profit of ¥18,464 million, profit before tax of ¥18,524 million, interim profit attributable to owners of the parent of ¥12,937 million, and basic interim earnings per share of ¥63.63. Full year: sales revenue of ¥578,129 million, operating profit of ¥42,081 million, profit before tax of ¥39,920 million, profit attributable to owners of the parent of ¥32,605 million, and basic earnings per share of ¥161.74.
Dividend forecast revisionThe interim dividend was set at ¥28.00 per share, an increase of ¥4.00 from the latest forecast of ¥24.00 per share. The annual dividend forecast of ¥56.00 per share is provided for reference.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesInterim period (previously announced forecast) 305,000 / Full year (previously announced forecast) 630,000 → Interim period (actual results) 330,652 / Full year (revised forecast) 680,000(Interim period 8.4 / Full year 7.9)
Operating profitInterim period (previously announced forecast) 21,000 / Full year (previously announced forecast) 40,000 → Interim period (actual results) 26,068 / Full year (revised forecast) 46,000(Interim period 24.1 / Full year 15)
Profit attributable to owners of the parentInterim period (previously announced forecast) 14,000 / Full year (previously announced forecast) 27,500 → Interim period (actual results) 18,262 / Full year (revised forecast) 31,000(Interim period 30.4 / Full year 12.7)
Net income per shareInterim period (previously announced forecast) 70.05 / Full year (previously announced forecast) 137.6 → Interim period (actual results) 91.37 / Full year (revised forecast) 155.08
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSecond quarter (interim period) and full year
Publication date of previous forecast15 May 2026
Previous-period resultsInterim period: sales revenue of ¥284,499 million, operating profit of ¥18,464 million, profit before tax of ¥18,524 million, interim profit attributable to owners of the parent of ¥12,937 million, and basic interim earnings per share of ¥63.63. Full year: sales revenue of ¥578,129 million, operating profit of ¥42,081 million, profit before tax of ¥39,920 million, profit attributable to owners of the parent of ¥32,605 million, and basic earnings per share of ¥161.74.
Reason for the revisionThe full-year consolidated earnings forecast was revised in light of the strong order environment for high-performance products and firm demand for industrial machinery, among other factors. Interim results exceeded the previous forecasts because demand for high-performance products surpassed expectations and sales volumes related to industrial machinery remained firm.
Dividend forecast revisionThe interim dividend was set at ¥28.00 per share, an increase of ¥4.00 from the latest forecast of ¥24.00 per share. The annual dividend forecast of ¥56.00 per share is provided for reference.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Ordinary incomeDetails and amount of extraordinary loss

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Demand and orders for high-performance products, including stainless steel for semiconductor manufacturing equipment and open-die forgings, exceeded expectations, while sales volumes and demand related to and for industrial machinery remained firm.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice of differences between the forecast and actual results for the second quarter (interim period) of the fiscal year ending March 2027, revision to the full-year earnings forecast, and dividend from surplus | Daido Steel Co.,Ltd. (5471) timely disclosure | Komori