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Daido Steel Co ( (JP:5471) ) has issued an update.
Daido Steel Co., Ltd. has announced a redesign of its 2026 Mid-term Management Plan due to unexpected declines in demand from its primary automotive and industrial machinery sectors, exacerbated by geopolitical and economic challenges. The company acknowledges the need to adjust its management targets and strategies to better align with the rapidly changing demand structure and external business environment, aiming to sustain its operations and market positioning.
The most recent analyst rating on (JP:5471) stock is a Buy with a Yen1489.00 price target. To see the full list of analyst forecasts on Daido Steel Co stock, see the JP:5471 Stock Forecast page.
More about Daido Steel Co
Daido Steel Co., Ltd. is a company listed on the Tokyo and Nagoya Stock Exchanges, primarily engaged in the production of specialty steel and stainless steel. The company focuses on high-performance materials and aims to contribute to a sustainable society, with a significant market focus on the automotive and industrial machinery sectors.
Average Trading Volume: 670,265
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen288.7B
See more insights into 5471 stock on TipRanks’ Stock Analysis page.