DAITO TRUST CONSTRUCTION CO.,LTD., First Half Ordinary Profit Revised Upward by 25%, Full Year also Increased, Dividend Revised Upward by 55 yen

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Tue Oct 22, 2024 3:30 pm JST Revision

1878 DAITO TRUST CONSTRUCTION CO.,LTD. 【J-GAAP】

Guidance Update Report

DAITO TRUST CONSTRUCTION CO.,LTD. <1878> [TSE-P] announced a revision to its performance and dividend after the market closed on October 22nd (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward by 25.1%, from the previous forecast of 59 billion yen to 73.8 billion yen (compared to 54.4 billion yen in the same period of the previous year), increasing the growth rate from 8.3% to 35.4%.

Following the strong performance in the first half, the full-year consolidated ordinary profit has been revised upward by 8.8%, from the previous forecast of 113 billion yen to 123 billion yen (compared to 108 billion yen in the previous period), increasing the growth rate from 3.9% to 13.1%.

At the same time, the company has increased its planned annual dividend for the current fiscal year from the original plan of 575 yen to 630 yen (compared to 555 yen in the previous period).

Kabutan News

Guidance Update

First Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Prev	890,000	56,000	59,000	39,000	593.4	287	May 2, 2024	J-GAAP
Apr - Sep, 2024 New	907,200	71,000	73,800	51,100	777.5	287	Oct 22, 2024	J-GAAP
Revision Rate	+1.9%	+26.8%	+25.1%	+31.0%	+31.0%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	1,820,000	110,000	113,000	76,000	1,155.7	575	May 2, 2024	J-GAAP
Mar, 2025 New	1,830,000	120,000	123,000	84,000	1,277.4	630	Oct 22, 2024	J-GAAP
Revision Rate	+0.5%	+9.1%	+8.8%	+10.5%	+10.5%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	837,124	52,030	54,498	38,989	570.5	267	Oct 30, 2023	J-GAAP
Apr - Sep, 2024 Guidance	907,200	71,000	73,800	51,100	777.5	287	Oct 22, 2024	J-GAAP
YoY	+8.4%	+36.5%	+35.4%	+31.1%	+36.3%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	1,657,626	100,000	103,898	70,361	1,031.1	516	Apr 28, 2023	J-GAAP
Mar, 2024	1,731,467	104,819	108,720	74,685	1,110.6	555	May 2, 2024	J-GAAP
Mar, 2025 Guidance	1,830,000	120,000	123,000	84,000	1,277.4	630	Oct 22, 2024	J-GAAP
YoY	+5.7%	+14.5%	+13.1%	+12.5%	+15.0%