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DAIDO METAL, Net Income Forecast for the Fiscal Year Revised Upward by 14%, Dividend Revised Upward by 4 Yen
7245 DAIDO METAL CO., LTD. 【J-GAAP】
Earnings ReportDAIDO METAL CO., LTD. <7245> [TSE Prime] announced its financial results in the afternoon session on February 12th (14:00). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 2.45 billion yen, an increase 67.2% compared to the same period last year.
In addition, the full-year forecast for consolidated net income has been revised upward 14.3%, from the previous forecast of 3.50 billion yen to 4.00 billion yen (compared to 2.72 billion yen in the previous period), increasing the growth rate from 28.7% to 47.1%.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated net income for the October to March period (second half) is expected to increase 27.5%, from the previous forecast of 1.81 billion yen to 2.31 billion yen (compared to 2.19 billion yen in the same period of the previous year), turning to a 5.7% increase in the consolidated net income outlook.
In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 24 yen to 28 yen (compared to 18 yen in the previous period).
In the most recent three-month period, from October to December (3Q), the consolidated net income decreased to 0.77 billion yen, a 17.6% decrease compared to the same period last year. The operating profit margin worsened from 6.1% in the same period last year to 5.5%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 96,997 | 4,046 | 3,721 | 931 | 19.8 | 63.9 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 99,441 | 4,595 | 4,419 | 1,470 | 31.2 | 64.8 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 103,394 | 5,867 | 5,126 | 2,458 | 52.4 | 73.2 | Feb 12, 2026 | J-GAAP |
| YoY | +4.0% | +27.7% | +16.0% | +67.2% | +67.9% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 66,404 | 4,109 | 3,685 | 1,818 | 38.8 | 12 | Nov 13, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 66,404 | 4,109 | 3,685 | 2,318 | 49.5 | 16 | Feb 12, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | +27.5% | +27.5% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 134,000 | 8,000 | 7,000 | 3,500 | 74.7 | 24 | May 13, 2025 | J-GAAP |
| Mar, 2026 New | 134,000 | 8,000 | 7,000 | 4,000 | 85.4 | 28 | Feb 12, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | +14.3% | +14.3% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 67,871 | 4,383 | 4,200 | 2,192 | 46.5 | 11 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 66,404 | 4,109 | 3,685 | 2,318 | 49.5 | 16 | Feb 12, 2026 | J-GAAP |
| YoY | -2.2% | -6.3% | -12.3% | +5.7% | +6.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 128,738 | 6,084 | 5,825 | 2,569 | 54.5 | 15 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 136,303 | 7,091 | 6,820 | 2,720 | 57.7 | 18 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 134,000 | 8,000 | 7,000 | 4,000 | 85.4 | 28 | Feb 12, 2026 | J-GAAP |
| YoY | -1.7% | +12.8% | +2.6% | +47.1% | +47.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 31,009 | 1,887 | 1,799 | 942 | 20.0 | 6.1 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 36,862 | 2,496 | 2,401 | 1,250 | 26.5 | 6.8 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 33,516 | 1,832 | 1,467 | 592 | 12.6 | 5.5 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 34,080 | 2,059 | 1,848 | 1,090 | 23.2 | 6.0 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 35,798 | 1,976 | 1,811 | 776 | 16.5 | 5.5 | Feb 12, 2026 | J-GAAP |
| YoY | +15.4% | +4.7% | +0.7% | -17.6% | -17.3% |
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