DAIDOH LIMITED announced its results after the market close on 7 August. While ordinary income turned profitable in the first quarter from April to June, the company revised its first-half ordinary profit forecast down from the previous ¥130 million profit to a ¥90 million profit.
DAIDOH LIMITED revised its ordinary profit forecast for the first half of the fiscal year ending March 2027 (April-September) down from the previous ¥130 million profit to a ¥90 million profit.
The company maintained its full-year ordinary profit forecast at the previous ¥1.31 billion. In the latest first quarter (April-June), net sales were ¥6,882 million, operating income was -¥201 million, ordinary income was -¥146 million and net income was -¥68 million, turning profitable from losses in the same period a year earlier.
The April-June operating margin on sales improved sharply from -2.3% in the same period a year earlier to 4.5%. The focus will be on the impact of the first-half downward revision and how the return to profitability in April-June contributes to future earnings.