Daido Steel Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	578,129	574,945	578,564	578,564	529,667
Revenue Growth (YoY)	0.55%	-0.63%	-	9.23%	28.34%
Cost of Revenue	476,828	470,757	480,618	476,224	437,556
Gross Profit	101,301	104,188	97,946	102,340	92,111
Selling, General & Admin	64,790	59,062	57,060	53,913	53,583
Other Operating Expenses	-5,570	2,529	2,252	-	-
Operating Expenses	59,220	63,864	61,325	55,353	55,128
Operating Income	42,081	40,324	36,621	46,987	36,983
Interest Expense	-1,050	-1,002	-1,033	-938	-823
Interest & Investment Income	2,450	2,965	2,960	2,483	2,149
Earnings From Equity Investments	1,275	1,217	881	458	621
Currency Exchange Gain (Loss)	-	-1,089	877	-469	250
Other Non Operating Income (Expenses)	-1	63	8	175	687
EBT Excluding Unusual Items	44,755	42,478	40,314	48,696	39,867
Gain (Loss) on Sale of Investments	-	-	-	752	5,497
Gain (Loss) on Sale of Assets	-	1,002	7,402	1,025	-669
Asset Writedown	-	-828	-2,649	-1,112	-3,519
Other Unusual Items	-	-	-	1	-432
Pretax Income	44,755	42,652	45,067	49,362	40,744
Income Tax Expense	9,878	12,092	12,493	10,867	11,120
Earnings From Continuing Operations	34,877	30,560	32,574	38,495	29,624
Minority Interest in Earnings	-2,272	-2,246	-2,019	-2,057	-2,730
Net Income	32,605	28,314	30,555	36,438	26,894
Net Income to Common	32,605	28,314	30,555	36,438	26,894
Net Income Growth	15.15%	-7.33%	-16.14%	35.49%	495.53%
Shares Outstanding (Basic)	202	210	213	213	213
Shares Outstanding (Diluted)	202	210	213	213	213
Shares Change (YoY)	-4.20%	-1.26%	0.01%	-	-0.00%
EPS (Basic)	161.74	134.56	143.37	170.97	126.19
EPS (Diluted)	161.70	134.53	143.35	170.97	126.19
EPS Growth	20.20%	-6.15%	-16.15%	35.49%	495.54%
Free Cash Flow	13,541	11,870	17,884	1,184	-35,750
Free Cash Flow Per Share	67.16	56.40	83.90	5.55	-167.74
Dividend Per Share	-	47.000	46.000	46.000	36.000
Dividend Growth	-	2.17%	-	27.78%	414.29%
Gross Margin	17.52%	18.12%	16.93%	17.69%	17.39%
Operating Margin	7.28%	7.01%	6.33%	8.12%	6.98%
Profit Margin	5.64%	4.92%	5.28%	6.30%	5.08%
Free Cash Flow Margin	2.34%	2.07%	3.09%	0.21%	-6.75%
EBITDA	73,210	70,589	66,385	73,041	63,780
EBITDA Margin	12.66%	12.28%	11.47%	12.63%	12.04%
D&A For EBITDA	31,129	30,265	29,764	26,054	26,797
EBIT	42,081	40,324	36,621	46,987	36,983
EBIT Margin	7.28%	7.01%	6.33%	8.12%	6.98%
Effective Tax Rate	22.07%	28.35%	27.72%	22.02%	27.29%

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