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Daido Steel Co ( (JP:5471) ) just unveiled an update.
Daido Steel has revised upward its full-year consolidated earnings forecast for the fiscal year ending March 31, 2026, citing strong order levels and a weaker yen that are offsetting higher-than-expected scrap iron prices. The company now projects revenue of ¥575 billion, operating profit of ¥36 billion, and profit attributable to owners of the parent of ¥25.5 billion, all above its previous outlook issued in October 2025, signaling improved profitability expectations and a firmer near-term earnings outlook compared with prior guidance, though still below the previous year’s actual results.
The most recent analyst rating on (JP:5471) stock is a Hold with a Yen2258.00 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 Japanese specialty steel manufacturer listed on the Prime Market of the Tokyo Stock Exchange and the Premier Market of the Nagoya Stock Exchange. The company focuses on high-grade steel products and related materials used in a wide range of industrial applications, serving domestic and international manufacturers that demand advanced steel solutions.
Average Trading Volume: 1,485,569
Technical Sentiment Signal: Buy
Current Market Cap: Yen406.8B
See more data about 5471 stock on TipRanks’ Stock Analysis page.