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1 reports

Daido Steel
ReportDaido Steel5471Steel IndustryJul 28, 2026

Daido Steel Q1 FY2027: Operating profit surges 51% on semiconductor and AI demand

Daido Steel reported a 14.9% jump in revenue to ¥163.5 billion for the first quarter of fiscal 2027, while operating profit soared 51.4% to ¥13.1 billion, driven by robust demand from semiconductor equipment and AI servers. Net income attributable to owners of the parent climbed 41.2% to ¥9.1 billion, lifting results to a record for a first quarter.

Q1 FY2027 (Apr-Jun 2026)

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