DAI-DAN CO.,LTD., The Current Fiscal Year Ordinary Profit Revised Upward by 16%, Exceeded record profit forecast, Dividend Revised Upward by 19 yen

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Fri Nov 8, 2024 2:00 pm JST Earnings

1980 DAI-DAN CO.,LTD. 【J-GAAP】

Earnings Report

DAI-DAN CO.,LTD. <1980> [TSE-P] announced its financial results in the afternoon session on November 8th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 6.99 billion yen, an increase of 94.7% compared to the same period last year.

In addition, the full-year consolidated ordinary profit has been revised upward by 16.3%, from the previous forecast of 15.3 billion yen to 17.8 billion yen (compared to 11.9 billion yen in the previous period), increasing the growth rate from 28.4% to 49.4%. The company has further increased its previous forecast of record profits for the first time in thirty one years.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow by 29.8% from the same period last year, reaching 10.8 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 104 yen to 123 yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 98.6% from the same period last year, reaching 4.87 billion yen. The operating profit margin significantly improved from 4.6% in the same period last year to 8.3%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Sep, 2022	82,690	3,650	4,330	3,045	71.2	46.6	Nov 8, 2022	J-GAAP
Apr - Sep, 2023	91,306	3,031	3,595	2,411	56.3	30.2	Nov 9, 2023	J-GAAP
Apr - Sep, 2024	105,591	6,783	6,999	5,454	127.2	39.3	Nov 8, 2024	J-GAAP
YoY	+15.6%	+123.8%	+94.7%	+126.2%	+126.0%

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Guidance	ー	ー	ー	ー	－	52	May 9, 2024	J-GAAP
Apr - Sep, 2024 Results	105,591	6,783	6,999	5,454	127.2	52	Nov 8, 2024	J-GAAP
Revision Rate	－	－	－	－	－

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	250,000	15,000	15,300	11,000	256.5	104	May 9, 2024	J-GAAP
Mar, 2025 New	250,000	17,500	17,800	13,000	303.1	123	Nov 8, 2024	J-GAAP
Revision Rate	0.0%	+16.7%	+16.3%	+18.2%	+18.2%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	106,125	7,846	8,323	6,676	155.8	48	May 9, 2024	J-GAAP
Oct - Mar, 2024 Guidance	144,409	10,717	10,801	7,546	176.0	71	Nov 8, 2024	J-GAAP
YoY	+36.1%	+36.6%	+29.8%	+13.0%	+12.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	185,961	8,428	9,288	6,626	154.8	50	May 11, 2023	J-GAAP
Mar, 2024	197,431	10,877	11,918	9,087	212.1	75.50	May 9, 2024	J-GAAP
Mar, 2025 Guidance	250,000	17,500	17,800	13,000	303.1	123	Nov 8, 2024	J-GAAP
YoY	+26.6%	+60.9%	+49.4%	+43.1%	+42.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	50,575	2,340	2,454	1,656	38.7	4.6	Nov 9, 2023	J-GAAP
Oct - Dec, 2023	48,198	3,311	3,287	2,704	63.1	6.9	Feb 8, 2024	J-GAAP
Jan - Mar, 2024	57,927	4,535	5,036	3,972	92.7	7.8	May 9, 2024	J-GAAP
Apr - Jun, 2024	44,325	1,725	2,125	1,306	30.5	3.9	Aug 6, 2024	J-GAAP
Jul - Sep, 2024	61,266	5,058	4,874	4,148	96.8	8.3	Nov 8, 2024	J-GAAP
YoY	+21.1%	+116.2%	+98.6%	+150.5%	+150.2%