Daido Metal (7245) Q3 2025 earnings summary

Executive summary

• Net sales for Q3 FY2024 rose 2.5% year-over-year to JPY 99,441 million, with operating profit up 13.6% to JPY 4,595 million and profit attributable to owners of parent rising 57.9% to JPY 1,470 million.

• Comprehensive income declined to JPY 2,714 million from JPY 5,369 million in the prior year period.

• Growth driven by higher sales, cost improvements, and strong demand in select segments and regions.

Financial highlights

• Operating margin improved by 0.5pt to 4.6% year-over-year; ordinary profit margin up 0.6pt to 4.4%.

• Net profit margin increased by 0.5pt to 1.5% year-over-year.

• Gross profit rose to JPY 24,285 million from JPY 22,584 million year-over-year, with gross margin improving.

• Basic earnings per share increased to JPY 31.20 from JPY 19.76 year-over-year.

• Net interest-bearing debt rose 10% year-over-year to JPY 38,982 million.

Outlook and guidance

• FY2024 full-year forecast maintained: net sales JPY 131,000 million (+1.8% YoY), operating profit JPY 6,000 million (-1.4% YoY), and net profit JPY 2,500 million (-2.7% YoY).

• Year-end dividend forecast is JPY 8.00 per share, for a total annual dividend of JPY 15.00 per share.