Daido Steel（DDL）株式概要大同特殊鋼株式会社は、鉄鋼製品を製造し、日本および海外で販売している。 詳細DDL ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長0/6過去の実績4/6財務の健全性6/6配当金4/6報酬株価収益率（ 11.3 x） German市場（ 16.8 x）を下回っています。過去5年間の収益は年間8.7%増加しました。 同業他社や業界と比較して、良好な取引価格 リスク分析不安定な配当実績 すべてのリスクチェックを見るDDL Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€9.9517.3% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0650b2016201920222025202620282031Revenue JP¥650.2bEarnings JP¥36.7bAdvancedSet Fair ValueView all narrativesDaido Steel Co., Ltd. 競合他社SalzgitterSymbol: XTRA:SZGMarket cap: €3.0bEisen- und HüttenwerkeSymbol: DB:EISMarket cap: €248.2mAlzChem GroupSymbol: XTRA:ACTMarket cap: €1.7bFuchsSymbol: XTRA:FPE3Market cap: €4.4b価格と性能株価の高値、安値、推移の概要Daido Steel過去の株価現在の株価JP¥9.9552週高値JP¥13.6052週安値JP¥5.55ベータ1.131ヶ月の変化-1.49%3ヶ月変化-15.68%1年変化71.55%3年間の変化43.79%5年間の変化30.24%IPOからの変化37.58%最新ニュースお知らせ • 8hDaido Steel Co., Ltd. to Report Q1, 2027 Results on Jul 28, 2026Daido Steel Co., Ltd. announced that they will report Q1, 2027 results on Jul 28, 2026Board Change • May 21Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Ryuichiro Ono was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • May 21Full year 2026 earnings released: EPS: JP¥162 (vs JP¥135 in FY 2025)Full year 2026 results: EPS: JP¥162 (up from JP¥135 in FY 2025). Revenue: JP¥578.1b (flat on FY 2025). Net income: JP¥32.6b (up 15% from FY 2025). Profit margin: 5.6% (up from 4.9% in FY 2025). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • May 16Daido Steel Co., Ltd., Annual General Meeting, Jun 25, 2026Daido Steel Co., Ltd., Annual General Meeting, Jun 25, 2026.お知らせ • May 09Daido Steel Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026Daido Steel Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026お知らせ • Nov 29Daido Steel Co., Ltd. to Report Q3, 2026 Results on Jan 29, 2026Daido Steel Co., Ltd. announced that they will report Q3, 2026 results on Jan 29, 2026最新情報をもっと見るRecent updatesお知らせ • 8hDaido Steel Co., Ltd. to Report Q1, 2027 Results on Jul 28, 2026Daido Steel Co., Ltd. announced that they will report Q1, 2027 results on Jul 28, 2026Board Change • May 21Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Ryuichiro Ono was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • May 21Full year 2026 earnings released: EPS: JP¥162 (vs JP¥135 in FY 2025)Full year 2026 results: EPS: JP¥162 (up from JP¥135 in FY 2025). Revenue: JP¥578.1b (flat on FY 2025). Net income: JP¥32.6b (up 15% from FY 2025). Profit margin: 5.6% (up from 4.9% in FY 2025). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • May 16Daido Steel Co., Ltd., Annual General Meeting, Jun 25, 2026Daido Steel Co., Ltd., Annual General Meeting, Jun 25, 2026.お知らせ • May 09Daido Steel Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026Daido Steel Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026お知らせ • Nov 29Daido Steel Co., Ltd. to Report Q3, 2026 Results on Jan 29, 2026Daido Steel Co., Ltd. announced that they will report Q3, 2026 results on Jan 29, 2026お知らせ • Aug 14Daido Steel Co., Ltd. to Report Q2, 2026 Results on Oct 30, 2025Daido Steel Co., Ltd. announced that they will report Q2, 2026 results on Oct 30, 2025お知らせ • Jul 28Daido Steel Co., Ltd. (TSE:5471) announces an Equity Buyback for 6,500,000 shares, representing 3.15% for ¥7,104.5 million.Daido Steel Co., Ltd. (TSE:5471) announces a share repurchase program. Under the program, the company will repurchase up to 6,500,000 shares, representing 3.15% of its issued share capital, for ¥ 7,104.5 million. The shares will be repurchased at ¥1,093 per share. The purpose of the program is to enhance capital efficiency and respond to changes in the business environment, as well as expanding shareholder returns. As of June 30, 2025, there are 206,281,450 outstanding shares (excluding treasury stock) and 10,962,395 treasury shares.お知らせ • May 29Daido Steel Co., Ltd. to Report Q1, 2026 Results on Jul 28, 2025Daido Steel Co., Ltd. announced that they will report Q1, 2026 results on Jul 28, 2025お知らせ • May 08Daido Steel Co., Ltd., Annual General Meeting, Jun 25, 2025Daido Steel Co., Ltd., Annual General Meeting, Jun 25, 2025.お知らせ • Feb 28Daido Steel Co., Ltd. to Report Fiscal Year 2025 Results on May 08, 2025Daido Steel Co., Ltd. announced that they will report fiscal year 2025 results on May 08, 2025お知らせ • Nov 29Daido Steel Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025Daido Steel Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025お知らせ • Nov 27Daido Steel Co., Ltd. (TSE:5471) announces an Equity Buyback for 7,500,000 shares, representing 3.51% for ¥8,613.75 million.Daido Steel Co., Ltd. (TSE:5471) announces a share repurchase program. Under the program, the company will repurchase up to 7,500,000 shares, representing 3.51% of its issued share capital, for ¥ 8,613.75 million. The shares will be repurchased at ¥ 1,148.5 per share. The purpose of the program is to enhance capital efficiency and respond to changes in the business environment, as well as expanding shareholder returns. As of September 30, 2024, there are 213,681,295 outstanding shares (excluding treasury stock) and 3,562,550 treasury shares.Reported Earnings • Nov 01Second quarter 2025 earnings released: EPS: JP¥25.22 (vs JP¥24.16 in 2Q 2024)Second quarter 2025 results: EPS: JP¥25.22 (up from JP¥24.16 in 2Q 2024). Revenue: JP¥141.3b (down 3.6% from 2Q 2024). Net income: JP¥5.38b (up 4.4% from 2Q 2024). Profit margin: 3.8% (up from 3.5% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 4% per year.Upcoming Dividend • Sep 20Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.2%).お知らせ • Aug 17Daido Steel Co., Ltd. to Report Q2, 2025 Results on Oct 30, 2024Daido Steel Co., Ltd. announced that they will report Q2, 2025 results on Oct 30, 2024Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €7.20, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 6.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.81 per share.Reported Earnings • Jul 31First quarter 2025 earnings released: EPS: JP¥31.79 (vs JP¥29.63 in 1Q 2024)First quarter 2025 results: EPS: JP¥31.79 (up from JP¥29.63 in 1Q 2024). Revenue: JP¥142.1b (flat on 1Q 2024). Net income: JP¥6.78b (up 7.3% from 1Q 2024). Profit margin: 4.8% (up from 4.4% in 1Q 2024). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Declared Dividend • Jul 11Final dividend of JP¥21.00 announcedShareholders will receive a dividend of JP¥21.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 264%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (34% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 26+ 1 more updateDaido Steel Co., Ltd. Provides Dividend Guidance for the Full Year Ending March 31, 2025Daido Steel Co., Ltd. provided dividend guidance for the Full Year ending March 31, 2025. For fiscal year, the company expects dividend to be JPY 26.00 per share compared to JPY 26.00 per share a year ago.お知らせ • Jun 02Daido Steel Co., Ltd. to Report Q1, 2025 Results on Jul 29, 2024Daido Steel Co., Ltd. announced that they will report Q1, 2025 results on Jul 29, 2024Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥233 (vs JP¥171 in FY 2023)Full year 2024 results: EPS: JP¥233 (up from JP¥171 in FY 2023). Revenue: JP¥581.3b (flat on FY 2023). Net income: JP¥49.8b (up 37% from FY 2023). Profit margin: 8.6% (up from 6.3% in FY 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • May 12Daido Steel Co., Ltd., Annual General Meeting, Jun 26, 2024Daido Steel Co., Ltd., Annual General Meeting, Jun 26, 2024.お知らせ • Mar 28Daido Steel Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Daido Steel Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.3%).お知らせ • Feb 02+ 1 more updateDaido Steel Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Daido Steel Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2024. For the year, the company expected to pay dividend of JPY 26.00 per share as compared to paid dividend of JPY 130.00 per share a year ago. A 5-for-1 common stock split for ordinary shares of the company was conducted with an effective date of January 1, 2024. Based on the number of shares prior to the stock split, the (forecast) year-end dividend for the fiscal year March 31,2024 is ¥130.00 for a full-year dividend of ¥230.00 per share.New Risk • Feb 02New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Dec 01Daido Steel Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Daido Steel Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024Reported Earnings • Nov 01Second quarter 2024 earnings released: EPS: JP¥121 (vs JP¥198 in 2Q 2023)Second quarter 2024 results: EPS: JP¥121 (down from JP¥198 in 2Q 2023). Revenue: JP¥146.7b (up 1.7% from 2Q 2023). Net income: JP¥5.15b (down 39% from 2Q 2023). Profit margin: 3.5% (down from 5.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Oct 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.7%. The fair value is estimated to be €44.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.0% per annum. Earnings is also forecast to grow by 1.8% per annum over the same time period.Buying Opportunity • Oct 05Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.4%. The fair value is estimated to be €43.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.0% per annum. Earnings is also forecast to grow by 1.8% per annum over the same time period.お知らせ • Sep 28Daido Steel Co., Ltd. to Report Q2, 2024 Results on Oct 30, 2023Daido Steel Co., Ltd. announced that they will report Q2, 2024 results on Oct 30, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥100.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (8.5%).Buying Opportunity • Aug 17Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €44.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings is also forecast to grow by 2.1% per annum over the same time period.お知らせ • Jul 30+ 1 more updateDaido Steel Co., Ltd. Provides Dividend Guidance for the Second Quarter-End and Fiscal Year Ending March 31, 2024Daido Steel Co., Ltd. provided dividend guidance for the second quarter-end and fiscal year ending March 31, 2024. For the quarter, the company expects dividend to be JPY 100.00 per share compared to JPY 100.00 per share a year ago.For fiscal year, the company expects dividend to be JPY 130.00 per share compared to JPY 130.00 per share a year ago.Reported Earnings • Jul 29First quarter 2024 earnings released: EPS: JP¥148 (vs JP¥231 in 1Q 2023)First quarter 2024 results: EPS: JP¥148 (down from JP¥231 in 1Q 2023). Revenue: JP¥141.9b (up 3.1% from 1Q 2023). Net income: JP¥6.32b (down 36% from 1Q 2023). Profit margin: 4.4% (down from 7.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jun 15Now 20% undervaluedOver the last 90 days, the stock is up 2.9%. The fair value is estimated to be €45.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 73%. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings is also forecast to grow by 0.5% per annum over the same time period.お知らせ • May 28Daido Steel Co., Ltd. to Report Q1, 2024 Results on Jul 28, 2023Daido Steel Co., Ltd. announced that they will report Q1, 2024 results on Jul 28, 2023Buying Opportunity • May 19Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €44.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 73%. For the next 3 years, revenue is forecast to grow by 1.6% per annum. Earnings is also forecast to grow by 1.0% per annum over the same time period.Reported Earnings • Apr 30Full year 2023 earnings released: EPS: JP¥855 (vs JP¥631 in FY 2022)Full year 2023 results: EPS: JP¥855 (up from JP¥631 in FY 2022). Revenue: JP¥578.6b (up 9.2% from FY 2022). Net income: JP¥36.4b (up 36% from FY 2022). Profit margin: 6.3% (up from 5.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 1.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Apr 25Now 21% undervaluedOver the last 90 days, the stock is up 4.3%. The fair value is estimated to be €43.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 59%. For the next 3 years, revenue is forecast to grow by 1.2% per annum. Earnings is also forecast to grow by 1.0% per annum over the same time period.Buying Opportunity • Apr 11Now 22% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be €43.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 59%. For the next 3 years, revenue is forecast to grow by 1.4% per annum. Earnings is also forecast to grow by 1.0% per annum over the same time period.Upcoming Dividend • Mar 23Upcoming dividend of JP¥100.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.6%).Buying Opportunity • Mar 11Now 22% undervaluedOver the last 90 days, the stock is up 22%. The fair value is estimated to be €47.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 59%. For the next 3 years, revenue is forecast to grow by 0.2% per annum. Earnings is also forecast to grow by 1.1% per annum over the same time period.Reported Earnings • Jan 31Third quarter 2023 earnings released: EPS: JP¥232 (vs JP¥220 in 3Q 2022)Third quarter 2023 results: EPS: JP¥232 (up from JP¥220 in 3Q 2022). Revenue: JP¥152.9b (up 13% from 3Q 2022). Net income: JP¥9.89b (up 5.6% from 3Q 2022). Profit margin: 6.5% (down from 6.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.4% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Jan 31+ 1 more updateDaido Steel Co., Ltd. Provides Consolidated Financial Guidance for the Fiscal Year Ending March 31, 2023Daido Steel Co., Ltd. provided consolidated financial guidance for the fiscal year ending March 31, 2023. For the period, the company expects net sales to be JPY 570,000 million, operating income to be 45,000 million, profit attributable to owners of parent to be JPY 34,000 million and profit attributable to owners of parent per share to be JPY 797.63.お知らせ • Dec 14Daido Steel Co., Ltd. to Report Q3, 2023 Results on Jan 30, 2023Daido Steel Co., Ltd. announced that they will report Q3, 2023 results on Jan 30, 2023Reported Earnings • Nov 17Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: JP¥144.2b (up 16% from 2Q 2022). Net income: JP¥8.44b (up 62% from 2Q 2022). Profit margin: 5.9% (up from 4.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe.Reported Earnings • Oct 30Second quarter 2023 earnings released: EPS: JP¥198 (vs JP¥122 in 2Q 2022)Second quarter 2023 results: EPS: JP¥198 (up from JP¥122 in 2Q 2022). Revenue: JP¥144.2b (up 16% from 2Q 2022). Net income: JP¥8.44b (up 62% from 2Q 2022). Profit margin: 5.9% (up from 4.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • Oct 29+ 2 more updatesDaido Steel Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Daido Steel Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 570,000 million, operating income of JPY 45,000 million, profit attributable to owners of parent of JPY 34,000 million and profit attributable to owners of parent per share of JPY 797.63.お知らせ • Sep 29Daido Steel Co., Ltd. to Report Q2, 2023 Results on Oct 28, 2022Daido Steel Co., Ltd. announced that they will report Q2, 2023 results on Oct 28, 2022Upcoming Dividend • Sep 22Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (10%).Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥231 (vs JP¥179 in 1Q 2022)First quarter 2023 results: EPS: JP¥231 (up from JP¥179 in 1Q 2022). Revenue: JP¥137.7b (up 4.9% from 1Q 2022). Net income: JP¥9.86b (up 29% from 1Q 2022). Profit margin: 7.2% (up from 5.8% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.6%, compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Jul 29+ 1 more updateDaido Steel Co., Ltd. Provides Dividend Guidance for the Second Quarter and Full Year of Year Ending March 31, 2023Daido Steel Co., Ltd. provided dividend guidance for the second quarter and full year of year ending March 31, 2023. For the period, the company expects to pay dividend of JPY 80.00 per share against JPY 80 per share paid a year ago.For the year, the company expects to pay dividend of JPY 100.00 per share.お知らせ • May 20Daido Steel Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022Daido Steel Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022Reported Earnings • Apr 30Full year 2022 earnings released: EPS: JP¥631 (vs JP¥106 in FY 2021)Full year 2022 results: EPS: JP¥631 (up from JP¥106 in FY 2021). Revenue: JP¥529.7b (up 28% from FY 2021). Net income: JP¥26.9b (up 496% from FY 2021). Profit margin: 5.1% (up from 1.1% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.8%, compared to a 32% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.Board Change • Apr 27Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). Chairperson of the Board Tadashi Shimao is the most experienced director on the board, commencing their role in 2016. Independent Outside Director Ryoichi Yamamoto was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Apr 08Daido Steel Co., Ltd. to Report Fiscal Year 2022 Results on Apr 28, 2022Daido Steel Co., Ltd. announced that they will report fiscal year 2022 results on Apr 28, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 27 June 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 5.3%. Within top quartile of German dividend payers (3.6%). Lower than average of industry peers (8.1%).Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €26.20, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total loss to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €45.29 per share.Reported Earnings • Feb 02Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥220 (up from JP¥92.45 in 3Q 2021). Revenue: JP¥135.3b (up 26% from 3Q 2021). Net income: JP¥9.36b (up 138% from 3Q 2021). Profit margin: 6.9% (up from 3.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 2.7%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Jan 31+ 1 more updateDaido Steel Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022Daido Steel Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the year, the company expects net sales of JPY 530,000 million, operating income of JPY 35,000 million, profit attributable to owners of parent of JPY 26,000 million and profit attributable to owners of parent per share of JPY 609.94.お知らせ • Dec 02Daido Steel Co., Ltd. (TSE:5471) made an tender offer to acquire additional 8.1% stake in Nippon Seisen Co.,Ltd. (TSE:5659) for ¥2.6 billion.Daido Steel Co., Ltd. (TSE:5471) made an tender offer to acquire additional 8.1% stake in Nippon Seisen Co.,Ltd. (TSE:5659) for ¥2.6 billion on November 30, 2021. Daido Steel Co., Ltd. will acquire 0.4 million shares at ¥5300 per share. Tender offer will begin on December 1, 2021 and will end on January 18, 2022.Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥122 (vs JP¥17.95 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥124.0b (up 37% from 2Q 2021). Net income: JP¥5.21b (up JP¥5.98b from 2Q 2021). Profit margin: 4.2% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (7.2%).お知らせ • Aug 19Daido Steel Co., Ltd. (TSE:5471) reached a basic agreement to acquire Nisc-Hanbai Co. from Nippon Steel Coated Sheet Corporation and others.Daido Steel Co., Ltd. (TSE:5471) reached a basic agreement to acquire Nisc-Hanbai Co. from Nippon Steel Coated Sheet Corporation and others on August 17, 2021. Transaction will be implemented as absorption-type merger with Daido Steel as the surviving company and Nisc-Hanbai as the extinct company. If the merger is implemented, Nippon Steel Coated Sheet Corporation is expected to hold a majority stake in the merged company. Merger is expected to complete on April 1, 2022.Reported Earnings • Jun 29Full year 2021 earnings released: EPS JP¥106 (vs JP¥258 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥412.7b (down 16% from FY 2020). Net income: JP¥4.52b (down 59% from FY 2020). Profit margin: 1.1% (down from 2.2% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • May 11Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥44.80, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 5.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €65.23 per share.Reported Earnings • May 02Full year 2021 earnings released: EPS JP¥106 (vs JP¥258 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥412.7b (down 16% from FY 2020). Net income: JP¥4.52b (down 59% from FY 2020). Profit margin: 1.1% (down from 2.2% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Mar 23Upcoming Dividend of JP¥10.00 Per ShareWill be paid on the 26th of June to those who are registered shareholders by the 30th of March. The trailing yield of 0.4% is below the top quartile of German dividend payers (3.3%), and is lower than industry peers (4.7%).Is New 90 Day High Low • Mar 16New 90-day high: €37.40The company is up 6.0% from a price of €35.20 on 16 December 2020. Underperformed the German market, which is up 9.0% over the last 90 days. Lagged the Metals and Mining industry, which is up 41% over the same period. Simply Wall St's valuation model estimates the intrinsic value at €33.62 per share.お知らせ • Mar 04Daido Steel Co., Ltd. to Report Fiscal Year 2021 Results on Apr 30, 2021Daido Steel Co., Ltd. announced that they will report fiscal year 2021 results on Apr 30, 2021Is New 90 Day High Low • Feb 03New 90-day high: €37.00The company is up 28% from its price of €28.80 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 64% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €40.58 per share.Reported Earnings • Feb 01Third quarter 2021 earnings released: EPS JP¥92.45 (vs JP¥115 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥107.6b (down 11% from 3Q 2020). Net income: JP¥3.94b (down 20% from 3Q 2020). Profit margin: 3.7% (down from 4.0% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Feb 01Revenue beats expectationsRevenue exceeded analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 9.8%, compared to a 14% growth forecast for the Metals and Mining industry in Germany.Is New 90 Day High Low • Jan 12New 90-day high: €35.80The company is up 36% from its price of €26.40 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 56% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €41.01 per share.お知らせ • Nov 27Daido Steel Co., Ltd. to Report Q3, 2021 Results on Jan 29, 2021Daido Steel Co., Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021Analyst Estimate Surprise Post Earnings • Nov 17Revenue beats expectationsRevenue exceeded analyst estimates by 5.6%. Over the next year, revenue is expected to shrink by 16% compared to a 8.6% growth forecast for the Metals and Mining industry in Germany.Reported Earnings • Nov 17Second quarter 2021 earnings released: EPS JP¥54.38The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: JP¥179.5b (up 44% from 2Q 2020). Net income: JP¥2.32b (up 31% from 2Q 2020). Profit margin: 1.3% (down from 1.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Nov 07New 90-day high: €29.60The company is up 19% from its price of €24.80 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €35.55 per share.Reported Earnings • Nov 01First half earnings releasedOver the last 12 months the company has reported total losses of JP¥2.59b, with earnings decreasing by JP¥24.3b from the prior year. Total revenue was JP¥417.4b over the last 12 months, down 21% from the prior year.Analyst Estimate Surprise Post Earnings • Nov 01Semi-annual earnings released: Revenue beats expectationsSemi-annual revenue exceeded analyst estimates by 5.6% at JP¥179.5b. Revenue is forecast to stay flat over the next year, compared to a 8.1% growth forecast for the Metals and Mining industry in Germany.Is New 90 Day High Low • Oct 21New 90-day high: €27.60The company is up 1.0% from its price of €27.40 on 23 July 2020. The German market is down 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.17 per share.お知らせ • Aug 24Daido Steel Co., Ltd. to Report Q2, 2021 Results on Oct 30, 2020Daido Steel Co., Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020お知らせ • Jun 29Daido Steel Co., Ltd. to Report Q1, 2021 Results on Jul 28, 2020Daido Steel Co., Ltd. announced that they will report Q1, 2021 results on Jul 28, 2020株主還元DDLDE Metals and MiningDE 市場7D-3.4%-4.9%0.6%1Y71.6%77.6%0.2%株主還元を見る業界別リターン: DDL過去 1 年間で77.6 % の収益を上げたGerman Metals and Mining業界を下回りました。リターン対市場: DDL過去 1 年間で0.2 % の収益を上げたGerman市場を上回りました。価格変動Is DDL's price volatile compared to industry and market?DDL volatilityDDL Average Weekly Movement8.4%Metals and Mining Industry Average Movement10.6%Market Average Movement6.1%10% most volatile stocks in DE Market13.2%10% least volatile stocks in DE Market2.7%安定した株価: DDL 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: DDLの 週次ボラティリティ ( 8% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト191612,054Tetsuya Shimizuwww.daido.co.jp大同特殊鋼株式会社は、日本および海外で鉄鋼製品を製造・販売している。特殊鋼事業では、自動車部品、産業機械部品、電気機械部品、建築、工具鋼などの特殊鋼の製造、原材料の販売、輸送・物流サービスを行っている。高機能材料・磁性材料部門は、ステンレス鋼製品、ニッケル基合金、電気・電子部品、磁性材料製品、合金粉末、チタン製品、溶接ワイヤーを提供している。自動車・産業機器部品部門は、自動車部品、ベアリングレースなどの型鍛造品、精密熱間鍛造品、溶接部品、船舶用部品、産業機械部品、重電機器部品、製鉄設備部品、化学設備部品、石油掘削装置部品、宇宙船・航空機部品などの開放型鍛造品、マンガン鉄道レール、自動車部品、産業機械部品、電気機械・炉部品、鋳鋼品などの鋳造品を提供している。また、自動車、産業機械、電気機械、通信機器などの精密鋳造品、製材用バンドソー、エンジンバルブ、コンプレッサー、油圧機器、工作機械部品なども提供している。エンジニアリング事業では、製鉄設備、工業炉・設備、排水・排気・廃棄物処理・処理設備などの環境設備、工作機械、機械メンテナンスサービスなどを提供している。商事・サービス事業では、福祉サービス事業、不動産・保険事業、ゴルフ場経営・分析事業などを行っている。大同特殊鋼は1916年に設立され、名古屋に本社を置く。もっと見るDaido Steel Co., Ltd. 基礎のまとめDaido Steel の収益と売上を時価総額と比較するとどうか。DDL 基礎統計学時価総額€1.99b収益（TTM）€176.60m売上高(TTM)€3.13b11.3xPER（株価収益率0.6xP/SレシオDDL は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計DDL 損益計算書（TTM）収益JP¥578.13b売上原価JP¥476.83b売上総利益JP¥101.30bその他の費用JP¥68.70b収益JP¥32.61b直近の収益報告Mar 31, 2026次回決算日Jul 28, 2026一株当たり利益（EPS）163.14グロス・マージン17.52%純利益率5.64%有利子負債／自己資本比率33.8%DDL の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.7%現在の配当利回り36%配当性向DDL 配当は確実ですか？DDL 配当履歴とベンチマークを見るDDL 、いつまでに購入すれば配当金を受け取れますか？Daido Steel 配当日配当落ち日Mar 30 2026配当支払日Jun 26 2026配当落ちまでの日数53 days配当支払日までの日数35 daysDDL 配当は確実ですか？DDL 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 08:11終値2026/05/21 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Daido Steel Co., Ltd. 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。15 アナリスト機関Takashi EnomotoBofA Global ResearchMinami MunakataCitigroup IncShinichiro OzakiDaiwa Securities Co. Ltd.12 その他のアナリストを表示
お知らせ • 8hDaido Steel Co., Ltd. to Report Q1, 2027 Results on Jul 28, 2026Daido Steel Co., Ltd. announced that they will report Q1, 2027 results on Jul 28, 2026
Board Change • May 21Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Ryuichiro Ono was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • May 21Full year 2026 earnings released: EPS: JP¥162 (vs JP¥135 in FY 2025)Full year 2026 results: EPS: JP¥162 (up from JP¥135 in FY 2025). Revenue: JP¥578.1b (flat on FY 2025). Net income: JP¥32.6b (up 15% from FY 2025). Profit margin: 5.6% (up from 4.9% in FY 2025). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • May 16Daido Steel Co., Ltd., Annual General Meeting, Jun 25, 2026Daido Steel Co., Ltd., Annual General Meeting, Jun 25, 2026.
お知らせ • May 09Daido Steel Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026Daido Steel Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026
お知らせ • Nov 29Daido Steel Co., Ltd. to Report Q3, 2026 Results on Jan 29, 2026Daido Steel Co., Ltd. announced that they will report Q3, 2026 results on Jan 29, 2026
お知らせ • 8hDaido Steel Co., Ltd. to Report Q1, 2027 Results on Jul 28, 2026Daido Steel Co., Ltd. announced that they will report Q1, 2027 results on Jul 28, 2026
Board Change • May 21Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Ryuichiro Ono was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • May 21Full year 2026 earnings released: EPS: JP¥162 (vs JP¥135 in FY 2025)Full year 2026 results: EPS: JP¥162 (up from JP¥135 in FY 2025). Revenue: JP¥578.1b (flat on FY 2025). Net income: JP¥32.6b (up 15% from FY 2025). Profit margin: 5.6% (up from 4.9% in FY 2025). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • May 16Daido Steel Co., Ltd., Annual General Meeting, Jun 25, 2026Daido Steel Co., Ltd., Annual General Meeting, Jun 25, 2026.
お知らせ • May 09Daido Steel Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026Daido Steel Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026
お知らせ • Nov 29Daido Steel Co., Ltd. to Report Q3, 2026 Results on Jan 29, 2026Daido Steel Co., Ltd. announced that they will report Q3, 2026 results on Jan 29, 2026
お知らせ • Aug 14Daido Steel Co., Ltd. to Report Q2, 2026 Results on Oct 30, 2025Daido Steel Co., Ltd. announced that they will report Q2, 2026 results on Oct 30, 2025
お知らせ • Jul 28Daido Steel Co., Ltd. (TSE:5471) announces an Equity Buyback for 6,500,000 shares, representing 3.15% for ¥7,104.5 million.Daido Steel Co., Ltd. (TSE:5471) announces a share repurchase program. Under the program, the company will repurchase up to 6,500,000 shares, representing 3.15% of its issued share capital, for ¥ 7,104.5 million. The shares will be repurchased at ¥1,093 per share. The purpose of the program is to enhance capital efficiency and respond to changes in the business environment, as well as expanding shareholder returns. As of June 30, 2025, there are 206,281,450 outstanding shares (excluding treasury stock) and 10,962,395 treasury shares.
お知らせ • May 29Daido Steel Co., Ltd. to Report Q1, 2026 Results on Jul 28, 2025Daido Steel Co., Ltd. announced that they will report Q1, 2026 results on Jul 28, 2025
お知らせ • May 08Daido Steel Co., Ltd., Annual General Meeting, Jun 25, 2025Daido Steel Co., Ltd., Annual General Meeting, Jun 25, 2025.
お知らせ • Feb 28Daido Steel Co., Ltd. to Report Fiscal Year 2025 Results on May 08, 2025Daido Steel Co., Ltd. announced that they will report fiscal year 2025 results on May 08, 2025
お知らせ • Nov 29Daido Steel Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025Daido Steel Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025
お知らせ • Nov 27Daido Steel Co., Ltd. (TSE:5471) announces an Equity Buyback for 7,500,000 shares, representing 3.51% for ¥8,613.75 million.Daido Steel Co., Ltd. (TSE:5471) announces a share repurchase program. Under the program, the company will repurchase up to 7,500,000 shares, representing 3.51% of its issued share capital, for ¥ 8,613.75 million. The shares will be repurchased at ¥ 1,148.5 per share. The purpose of the program is to enhance capital efficiency and respond to changes in the business environment, as well as expanding shareholder returns. As of September 30, 2024, there are 213,681,295 outstanding shares (excluding treasury stock) and 3,562,550 treasury shares.
Reported Earnings • Nov 01Second quarter 2025 earnings released: EPS: JP¥25.22 (vs JP¥24.16 in 2Q 2024)Second quarter 2025 results: EPS: JP¥25.22 (up from JP¥24.16 in 2Q 2024). Revenue: JP¥141.3b (down 3.6% from 2Q 2024). Net income: JP¥5.38b (up 4.4% from 2Q 2024). Profit margin: 3.8% (up from 3.5% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 4% per year.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.2%).
お知らせ • Aug 17Daido Steel Co., Ltd. to Report Q2, 2025 Results on Oct 30, 2024Daido Steel Co., Ltd. announced that they will report Q2, 2025 results on Oct 30, 2024
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €7.20, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 6.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.81 per share.
Reported Earnings • Jul 31First quarter 2025 earnings released: EPS: JP¥31.79 (vs JP¥29.63 in 1Q 2024)First quarter 2025 results: EPS: JP¥31.79 (up from JP¥29.63 in 1Q 2024). Revenue: JP¥142.1b (flat on 1Q 2024). Net income: JP¥6.78b (up 7.3% from 1Q 2024). Profit margin: 4.8% (up from 4.4% in 1Q 2024). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Jul 11Final dividend of JP¥21.00 announcedShareholders will receive a dividend of JP¥21.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 264%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (34% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 26+ 1 more updateDaido Steel Co., Ltd. Provides Dividend Guidance for the Full Year Ending March 31, 2025Daido Steel Co., Ltd. provided dividend guidance for the Full Year ending March 31, 2025. For fiscal year, the company expects dividend to be JPY 26.00 per share compared to JPY 26.00 per share a year ago.
お知らせ • Jun 02Daido Steel Co., Ltd. to Report Q1, 2025 Results on Jul 29, 2024Daido Steel Co., Ltd. announced that they will report Q1, 2025 results on Jul 29, 2024
Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥233 (vs JP¥171 in FY 2023)Full year 2024 results: EPS: JP¥233 (up from JP¥171 in FY 2023). Revenue: JP¥581.3b (flat on FY 2023). Net income: JP¥49.8b (up 37% from FY 2023). Profit margin: 8.6% (up from 6.3% in FY 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • May 12Daido Steel Co., Ltd., Annual General Meeting, Jun 26, 2024Daido Steel Co., Ltd., Annual General Meeting, Jun 26, 2024.
お知らせ • Mar 28Daido Steel Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Daido Steel Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.3%).
お知らせ • Feb 02+ 1 more updateDaido Steel Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Daido Steel Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2024. For the year, the company expected to pay dividend of JPY 26.00 per share as compared to paid dividend of JPY 130.00 per share a year ago. A 5-for-1 common stock split for ordinary shares of the company was conducted with an effective date of January 1, 2024. Based on the number of shares prior to the stock split, the (forecast) year-end dividend for the fiscal year March 31,2024 is ¥130.00 for a full-year dividend of ¥230.00 per share.
New Risk • Feb 02New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Dec 01Daido Steel Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Daido Steel Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024
Reported Earnings • Nov 01Second quarter 2024 earnings released: EPS: JP¥121 (vs JP¥198 in 2Q 2023)Second quarter 2024 results: EPS: JP¥121 (down from JP¥198 in 2Q 2023). Revenue: JP¥146.7b (up 1.7% from 2Q 2023). Net income: JP¥5.15b (down 39% from 2Q 2023). Profit margin: 3.5% (down from 5.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Oct 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.7%. The fair value is estimated to be €44.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.0% per annum. Earnings is also forecast to grow by 1.8% per annum over the same time period.
Buying Opportunity • Oct 05Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.4%. The fair value is estimated to be €43.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.0% per annum. Earnings is also forecast to grow by 1.8% per annum over the same time period.
お知らせ • Sep 28Daido Steel Co., Ltd. to Report Q2, 2024 Results on Oct 30, 2023Daido Steel Co., Ltd. announced that they will report Q2, 2024 results on Oct 30, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥100.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (8.5%).
Buying Opportunity • Aug 17Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €44.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings is also forecast to grow by 2.1% per annum over the same time period.
お知らせ • Jul 30+ 1 more updateDaido Steel Co., Ltd. Provides Dividend Guidance for the Second Quarter-End and Fiscal Year Ending March 31, 2024Daido Steel Co., Ltd. provided dividend guidance for the second quarter-end and fiscal year ending March 31, 2024. For the quarter, the company expects dividend to be JPY 100.00 per share compared to JPY 100.00 per share a year ago.For fiscal year, the company expects dividend to be JPY 130.00 per share compared to JPY 130.00 per share a year ago.
Reported Earnings • Jul 29First quarter 2024 earnings released: EPS: JP¥148 (vs JP¥231 in 1Q 2023)First quarter 2024 results: EPS: JP¥148 (down from JP¥231 in 1Q 2023). Revenue: JP¥141.9b (up 3.1% from 1Q 2023). Net income: JP¥6.32b (down 36% from 1Q 2023). Profit margin: 4.4% (down from 7.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jun 15Now 20% undervaluedOver the last 90 days, the stock is up 2.9%. The fair value is estimated to be €45.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 73%. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings is also forecast to grow by 0.5% per annum over the same time period.
お知らせ • May 28Daido Steel Co., Ltd. to Report Q1, 2024 Results on Jul 28, 2023Daido Steel Co., Ltd. announced that they will report Q1, 2024 results on Jul 28, 2023
Buying Opportunity • May 19Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €44.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 73%. For the next 3 years, revenue is forecast to grow by 1.6% per annum. Earnings is also forecast to grow by 1.0% per annum over the same time period.
Reported Earnings • Apr 30Full year 2023 earnings released: EPS: JP¥855 (vs JP¥631 in FY 2022)Full year 2023 results: EPS: JP¥855 (up from JP¥631 in FY 2022). Revenue: JP¥578.6b (up 9.2% from FY 2022). Net income: JP¥36.4b (up 36% from FY 2022). Profit margin: 6.3% (up from 5.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 1.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Apr 25Now 21% undervaluedOver the last 90 days, the stock is up 4.3%. The fair value is estimated to be €43.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 59%. For the next 3 years, revenue is forecast to grow by 1.2% per annum. Earnings is also forecast to grow by 1.0% per annum over the same time period.
Buying Opportunity • Apr 11Now 22% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be €43.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 59%. For the next 3 years, revenue is forecast to grow by 1.4% per annum. Earnings is also forecast to grow by 1.0% per annum over the same time period.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥100.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.6%).
Buying Opportunity • Mar 11Now 22% undervaluedOver the last 90 days, the stock is up 22%. The fair value is estimated to be €47.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 59%. For the next 3 years, revenue is forecast to grow by 0.2% per annum. Earnings is also forecast to grow by 1.1% per annum over the same time period.
Reported Earnings • Jan 31Third quarter 2023 earnings released: EPS: JP¥232 (vs JP¥220 in 3Q 2022)Third quarter 2023 results: EPS: JP¥232 (up from JP¥220 in 3Q 2022). Revenue: JP¥152.9b (up 13% from 3Q 2022). Net income: JP¥9.89b (up 5.6% from 3Q 2022). Profit margin: 6.5% (down from 6.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.4% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Jan 31+ 1 more updateDaido Steel Co., Ltd. Provides Consolidated Financial Guidance for the Fiscal Year Ending March 31, 2023Daido Steel Co., Ltd. provided consolidated financial guidance for the fiscal year ending March 31, 2023. For the period, the company expects net sales to be JPY 570,000 million, operating income to be 45,000 million, profit attributable to owners of parent to be JPY 34,000 million and profit attributable to owners of parent per share to be JPY 797.63.
お知らせ • Dec 14Daido Steel Co., Ltd. to Report Q3, 2023 Results on Jan 30, 2023Daido Steel Co., Ltd. announced that they will report Q3, 2023 results on Jan 30, 2023
Reported Earnings • Nov 17Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: JP¥144.2b (up 16% from 2Q 2022). Net income: JP¥8.44b (up 62% from 2Q 2022). Profit margin: 5.9% (up from 4.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe.
Reported Earnings • Oct 30Second quarter 2023 earnings released: EPS: JP¥198 (vs JP¥122 in 2Q 2022)Second quarter 2023 results: EPS: JP¥198 (up from JP¥122 in 2Q 2022). Revenue: JP¥144.2b (up 16% from 2Q 2022). Net income: JP¥8.44b (up 62% from 2Q 2022). Profit margin: 5.9% (up from 4.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • Oct 29+ 2 more updatesDaido Steel Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Daido Steel Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 570,000 million, operating income of JPY 45,000 million, profit attributable to owners of parent of JPY 34,000 million and profit attributable to owners of parent per share of JPY 797.63.
お知らせ • Sep 29Daido Steel Co., Ltd. to Report Q2, 2023 Results on Oct 28, 2022Daido Steel Co., Ltd. announced that they will report Q2, 2023 results on Oct 28, 2022
Upcoming Dividend • Sep 22Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (10%).
Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥231 (vs JP¥179 in 1Q 2022)First quarter 2023 results: EPS: JP¥231 (up from JP¥179 in 1Q 2022). Revenue: JP¥137.7b (up 4.9% from 1Q 2022). Net income: JP¥9.86b (up 29% from 1Q 2022). Profit margin: 7.2% (up from 5.8% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.6%, compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Jul 29+ 1 more updateDaido Steel Co., Ltd. Provides Dividend Guidance for the Second Quarter and Full Year of Year Ending March 31, 2023Daido Steel Co., Ltd. provided dividend guidance for the second quarter and full year of year ending March 31, 2023. For the period, the company expects to pay dividend of JPY 80.00 per share against JPY 80 per share paid a year ago.For the year, the company expects to pay dividend of JPY 100.00 per share.
お知らせ • May 20Daido Steel Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022Daido Steel Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022
Reported Earnings • Apr 30Full year 2022 earnings released: EPS: JP¥631 (vs JP¥106 in FY 2021)Full year 2022 results: EPS: JP¥631 (up from JP¥106 in FY 2021). Revenue: JP¥529.7b (up 28% from FY 2021). Net income: JP¥26.9b (up 496% from FY 2021). Profit margin: 5.1% (up from 1.1% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.8%, compared to a 32% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.
Board Change • Apr 27Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). Chairperson of the Board Tadashi Shimao is the most experienced director on the board, commencing their role in 2016. Independent Outside Director Ryoichi Yamamoto was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 08Daido Steel Co., Ltd. to Report Fiscal Year 2022 Results on Apr 28, 2022Daido Steel Co., Ltd. announced that they will report fiscal year 2022 results on Apr 28, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 27 June 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 5.3%. Within top quartile of German dividend payers (3.6%). Lower than average of industry peers (8.1%).
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €26.20, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total loss to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €45.29 per share.
Reported Earnings • Feb 02Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥220 (up from JP¥92.45 in 3Q 2021). Revenue: JP¥135.3b (up 26% from 3Q 2021). Net income: JP¥9.36b (up 138% from 3Q 2021). Profit margin: 6.9% (up from 3.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 2.7%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 31+ 1 more updateDaido Steel Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022Daido Steel Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the year, the company expects net sales of JPY 530,000 million, operating income of JPY 35,000 million, profit attributable to owners of parent of JPY 26,000 million and profit attributable to owners of parent per share of JPY 609.94.
お知らせ • Dec 02Daido Steel Co., Ltd. (TSE:5471) made an tender offer to acquire additional 8.1% stake in Nippon Seisen Co.,Ltd. (TSE:5659) for ¥2.6 billion.Daido Steel Co., Ltd. (TSE:5471) made an tender offer to acquire additional 8.1% stake in Nippon Seisen Co.,Ltd. (TSE:5659) for ¥2.6 billion on November 30, 2021. Daido Steel Co., Ltd. will acquire 0.4 million shares at ¥5300 per share. Tender offer will begin on December 1, 2021 and will end on January 18, 2022.
Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥122 (vs JP¥17.95 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥124.0b (up 37% from 2Q 2021). Net income: JP¥5.21b (up JP¥5.98b from 2Q 2021). Profit margin: 4.2% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (7.2%).
お知らせ • Aug 19Daido Steel Co., Ltd. (TSE:5471) reached a basic agreement to acquire Nisc-Hanbai Co. from Nippon Steel Coated Sheet Corporation and others.Daido Steel Co., Ltd. (TSE:5471) reached a basic agreement to acquire Nisc-Hanbai Co. from Nippon Steel Coated Sheet Corporation and others on August 17, 2021. Transaction will be implemented as absorption-type merger with Daido Steel as the surviving company and Nisc-Hanbai as the extinct company. If the merger is implemented, Nippon Steel Coated Sheet Corporation is expected to hold a majority stake in the merged company. Merger is expected to complete on April 1, 2022.
Reported Earnings • Jun 29Full year 2021 earnings released: EPS JP¥106 (vs JP¥258 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥412.7b (down 16% from FY 2020). Net income: JP¥4.52b (down 59% from FY 2020). Profit margin: 1.1% (down from 2.2% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥44.80, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 5.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €65.23 per share.
Reported Earnings • May 02Full year 2021 earnings released: EPS JP¥106 (vs JP¥258 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥412.7b (down 16% from FY 2020). Net income: JP¥4.52b (down 59% from FY 2020). Profit margin: 1.1% (down from 2.2% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Mar 23Upcoming Dividend of JP¥10.00 Per ShareWill be paid on the 26th of June to those who are registered shareholders by the 30th of March. The trailing yield of 0.4% is below the top quartile of German dividend payers (3.3%), and is lower than industry peers (4.7%).
Is New 90 Day High Low • Mar 16New 90-day high: €37.40The company is up 6.0% from a price of €35.20 on 16 December 2020. Underperformed the German market, which is up 9.0% over the last 90 days. Lagged the Metals and Mining industry, which is up 41% over the same period. Simply Wall St's valuation model estimates the intrinsic value at €33.62 per share.
お知らせ • Mar 04Daido Steel Co., Ltd. to Report Fiscal Year 2021 Results on Apr 30, 2021Daido Steel Co., Ltd. announced that they will report fiscal year 2021 results on Apr 30, 2021
Is New 90 Day High Low • Feb 03New 90-day high: €37.00The company is up 28% from its price of €28.80 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 64% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €40.58 per share.
Reported Earnings • Feb 01Third quarter 2021 earnings released: EPS JP¥92.45 (vs JP¥115 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥107.6b (down 11% from 3Q 2020). Net income: JP¥3.94b (down 20% from 3Q 2020). Profit margin: 3.7% (down from 4.0% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Feb 01Revenue beats expectationsRevenue exceeded analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 9.8%, compared to a 14% growth forecast for the Metals and Mining industry in Germany.
Is New 90 Day High Low • Jan 12New 90-day high: €35.80The company is up 36% from its price of €26.40 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 56% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €41.01 per share.
お知らせ • Nov 27Daido Steel Co., Ltd. to Report Q3, 2021 Results on Jan 29, 2021Daido Steel Co., Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021
Analyst Estimate Surprise Post Earnings • Nov 17Revenue beats expectationsRevenue exceeded analyst estimates by 5.6%. Over the next year, revenue is expected to shrink by 16% compared to a 8.6% growth forecast for the Metals and Mining industry in Germany.
Reported Earnings • Nov 17Second quarter 2021 earnings released: EPS JP¥54.38The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: JP¥179.5b (up 44% from 2Q 2020). Net income: JP¥2.32b (up 31% from 2Q 2020). Profit margin: 1.3% (down from 1.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Nov 07New 90-day high: €29.60The company is up 19% from its price of €24.80 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €35.55 per share.
Reported Earnings • Nov 01First half earnings releasedOver the last 12 months the company has reported total losses of JP¥2.59b, with earnings decreasing by JP¥24.3b from the prior year. Total revenue was JP¥417.4b over the last 12 months, down 21% from the prior year.
Analyst Estimate Surprise Post Earnings • Nov 01Semi-annual earnings released: Revenue beats expectationsSemi-annual revenue exceeded analyst estimates by 5.6% at JP¥179.5b. Revenue is forecast to stay flat over the next year, compared to a 8.1% growth forecast for the Metals and Mining industry in Germany.
Is New 90 Day High Low • Oct 21New 90-day high: €27.60The company is up 1.0% from its price of €27.40 on 23 July 2020. The German market is down 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.17 per share.
お知らせ • Aug 24Daido Steel Co., Ltd. to Report Q2, 2021 Results on Oct 30, 2020Daido Steel Co., Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020
お知らせ • Jun 29Daido Steel Co., Ltd. to Report Q1, 2021 Results on Jul 28, 2020Daido Steel Co., Ltd. announced that they will report Q1, 2021 results on Jul 28, 2020
