Daido Steel Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Revenue	576,005	574,945	578,564	578,564	529,667	412,722	Upgrade
Revenue Growth (YoY)	0.45%	-0.63%	-	9.23%	28.34%	-15.84%	Upgrade
Cost of Revenue	473,522	470,757	480,618	476,224	437,556	351,526	Upgrade
Gross Profit	102,483	104,188	97,946	102,340	92,111	61,196	Upgrade
Selling, General & Admin	63,114	59,062	57,060	53,913	53,583	49,673	Upgrade
Other Operating Expenses	-245	2,529	2,252	-	-	-	Upgrade
Operating Expenses	62,869	63,864	61,325	55,353	55,128	51,126	Upgrade
Operating Income	39,614	40,324	36,621	46,987	36,983	10,070	Upgrade
Interest Expense	-1,068	-1,002	-1,033	-938	-823	-823	Upgrade
Interest & Investment Income	2,911	2,965	2,960	2,483	2,149	1,629	Upgrade
Earnings From Equity Investments	1,235	1,217	881	458	621	-189	Upgrade
Currency Exchange Gain (Loss)	-	-1,089	877	-469	250	65	Upgrade
Other Non Operating Income (Expenses)	2	63	8	175	687	2,858	Upgrade
EBT Excluding Unusual Items	42,694	42,478	40,314	48,696	39,867	13,610	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	752	5,497	143	Upgrade
Gain (Loss) on Sale of Assets	-	1,002	7,402	1,025	-669	-969	Upgrade
Asset Writedown	-	-828	-2,649	-1,112	-3,519	-2,720	Upgrade
Other Unusual Items	-	-	-	1	-432	-	Upgrade
Pretax Income	42,694	42,652	45,067	49,362	40,744	10,064	Upgrade
Income Tax Expense	11,313	12,092	12,493	10,867	11,120	4,097	Upgrade
Earnings From Continuing Operations	31,381	30,560	32,574	38,495	29,624	5,967	Upgrade
Minority Interest in Earnings	-2,282	-2,246	-2,019	-2,057	-2,730	-1,451	Upgrade
Net Income	29,099	28,314	30,555	36,438	26,894	4,516	Upgrade
Net Income to Common	29,099	28,314	30,555	36,438	26,894	4,516	Upgrade
Net Income Growth	-6.86%	-7.33%	-16.14%	35.49%	495.53%	-58.90%	Upgrade
Shares Outstanding (Basic)	206	210	213	213	213	213	Upgrade
Shares Outstanding (Diluted)	206	210	213	213	213	213	Upgrade
Shares Change (YoY)	-3.60%	-1.26%	0.01%	-	-0.00%	-0.00%	Upgrade
EPS (Basic)	141.60	134.56	143.37	170.97	126.19	21.19	Upgrade
EPS (Diluted)	141.57	134.53	143.35	170.97	126.19	21.19	Upgrade
EPS Growth	-3.39%	-6.15%	-16.15%	35.49%	495.54%	-58.90%	Upgrade
Free Cash Flow	24,380	11,870	17,884	1,184	-35,750	5,947	Upgrade
Free Cash Flow Per Share	118.61	56.40	83.90	5.55	-167.74	27.90	Upgrade
Dividend Per Share	48.000	47.000	46.000	46.000	36.000	7.000	Upgrade
Dividend Growth	2.13%	2.17%	-	27.78%	414.29%	-50.00%	Upgrade
Gross Margin	17.79%	18.12%	16.93%	17.69%	17.39%	14.83%	Upgrade
Operating Margin	6.88%	7.01%	6.33%	8.12%	6.98%	2.44%	Upgrade
Profit Margin	5.05%	4.92%	5.28%	6.30%	5.08%	1.09%	Upgrade
Free Cash Flow Margin	4.23%	2.07%	3.09%	0.21%	-6.75%	1.44%	Upgrade
EBITDA	70,250	70,589	66,385	73,041	63,780	35,982	Upgrade
EBITDA Margin	12.20%	12.28%	11.47%	12.63%	12.04%	8.72%	Upgrade
D&A For EBITDA	30,636	30,265	29,764	26,054	26,797	25,912	Upgrade
EBIT	39,614	40,324	36,621	46,987	36,983	10,070	Upgrade
EBIT Margin	6.88%	7.01%	6.33%	8.12%	6.98%	2.44%	Upgrade
Effective Tax Rate	26.50%	28.35%	27.72%	22.02%	27.29%	40.71%	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.