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DAIDO KOGYO, Oct-Dec (3Q) Ordinary Profit Decreases by 4%

Fri Jan 31, 2025 4:00 pm JST Earnings

6373 DAIDO KOGYO CO.,LTD. 【J-GAAP】

Earnings Report

DAIDO KOGYO CO.,LTD. <6373> [TSE Std] announced its financial results after the market closed on January 31st (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) expanded 1.22 billion yen, an increase 41.4% compared to the same period last year. However, the progress rate toward the full-year plan of 1.7 billion yen was 71.9%, also falling below the five-year average of 93.2%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the January to March period (4Q) is expected to turn into a profit of 0.47 billion yen (compared to a loss of 0.08 billion yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 0.38 billion yen, a 3.8% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 2.2% in the same period last year to 2.1%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2022 40,919 972 1,751 815 75.1 106.0 Jan 31, 2023 J-GAAP
Apr - Dec, 2023 42,012 4 865 597 56.5 111.2 Jan 31, 2024 J-GAAP
Apr - Dec, 2024 43,035 1,054 1,223 743 72.5 71.9 Jan 31, 2025 J-GAAP
YoY +2.4% +26,250.0% +41.4% +24.5% +28.4%

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 28,336 536 312 -25 -2.4 15 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 28,074 941 861 958 94.5 25 Nov 13, 2024 J-GAAP
YoY -0.9% +75.6% +176.0% － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 55,054 1,379 1,652 -257 -23.9 15 May 12, 2023 J-GAAP
Mar, 2024 56,041 227 778 342 32.6 15 May 14, 2024 J-GAAP
Mar, 2025 Guidance 56,800 1,700 1,700 1,500 148.0 25 Nov 13, 2024 J-GAAP
YoY +1.4% +648.9% +118.5% +338.6% +354.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 14,307 313 399 230 21.8 2.2 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 14,029 223 -87 -255 -24.3 1.6 May 14, 2024 J-GAAP
Apr - Jun, 2024 14,381 159 666 416 40.2 1.1 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 14,345 600 173 126 12.3 4.2 Nov 13, 2024 J-GAAP
Oct - Dec, 2024 14,309 295 384 201 19.6 2.1 Jan 31, 2025 J-GAAP
YoY +0.0% -5.8% -3.8% -12.6% -9.8%

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