Daiki Aluminium Industry Co., Ltd. TSE:5702
Daiki Aluminium Industry : Notice of Revision of Financial Results Forecast（111KB）
Source: MarketScreener
October 31, 2024
Company name: DAIKI Aluminum Industry Co., Ltd.
Representative: Shigenori Hayashi, President,
Representative Director, Executive Officer
Code number: 5702
Contact: Hiroto Kurosu, Managing Executive Officer,
General Manager, Administration Department
Phone: +81-6-6444-2751
Notice of Revision of Financial Results Forecast
Based on recent performance trends, DAIKI aluminum Industry Co., Ltd. (hereinafter "the Company") has revised its earnings forecasts announced on May 14, 2024 as follows.
- Revision of Financial Results Forecast
Revision of consolidated financial results forecast figures for the second quarter (six months) of the fiscal year ending March 31, 2025 (April 1, 2024 to September 30, 2024)
Profit attributable | Basic earnings | ||||
Net sales | Operating profit | Ordinary profit | to owners of | ||
per share | |||||
parent | |||||
Million yen | Million yen | Million yen | Million yen | Yen | |
Previous forecast (A) | 136,800 | 2,340 | 2,080 | 1,430 | 35.30 |
Revised forecast (B) | 137,147 | 2,640 | 2,520 | 1,596 | 39.55 |
Difference (B-A) | 347 | 300 | 440 | 166 | |
Difference (%) | 0.3 | 12.8 | 21.2 | 11.6 | |
(Reference) Actual results for the | |||||
second quarter of the previous | 132,120 | 2,745 | 2,678 | 2,585 | 63.82 |
fiscal year ended March 31, 2024 |
Revision of consolidated financial results forecast figures for the fiscal year ending March 31, 2025 (April 1, 2024 to March 31, 2025)
Profit attributable | Basic earnings | ||||
Net sales | Operating profit | Ordinary profit | to owners of | ||
per share | |||||
parent | |||||
Previous Forecast (A) | Million yen | Million yen | Million yen | Million yen | Yen |
290,600 | 6,720 | 6,050 | 4,240 | 104.66 | |
Revised forecast (B) | 291,200 | 4,790 | 3,750 | 2,110 | 53.32 |
Difference (B-A) | 600 | (1,930) | (2,300) | (2,130) | |
Difference (%) | 0.2 | (28.7) | (38.0) | (50.2) | |
(Reference) Actual results for the | |||||
previous fiscal year | 262,671 | 4,619 | 4,167 | 3,244 | 80.10 |
ended March 31, 2024 | |||||
Revision of non-consolidated financial results forecast figures for the second quarter (six months) of the fiscal year ending March 31, 2025 (April 1, 2024 to September 30, 2024)
Net sales | Operating profit | Ordinary profit | |
Previous Forecast (A) | Million yen | Million yen | Million yen |
82,300 | 370 | 930 | |
Revised forecast (B) | 79,929 | 1,136 | 1,639 |
Difference (B-A) | (2,371) | 766 | 709 |
Difference (%) | (2.9) | 207.0 | 76.2 |
(Reference) Actual results for the | |||
second quarter of the previous | 76,801 | 1,234 | 1,665 |
fiscal year ended March 31, 2024 |
Profit
Million yen
740
1,165
425
57.4
2,102
Basic earnings
per share
Yen
18.27
28.86
51.90
Revision of non-consolidated financial results forecast figures for the fiscal year ending March 31, 2025 (April 1, 2024 to March 31, 2025)
Net sales | Operating profit | Ordinary profit | Profit | Basic earnings | |
per share | |||||
Previous Forecast (A) | Million yen | Million yen | Million yen | Million yen | Yen |
168,300 | 1,500 | 3,340 | 2,730 | 67.39 | |
Revised forecast (B) | 168,600 | 2,200 | 3,650 | 2,760 | 69.75 |
Difference (B-A) | 300 | 700 | 310 | 30 | |
Difference (%) | 0.2 | 46.7 | 9.3 | 1.1 | |
(Reference) Actual results for the | |||||
previous fiscal year | 150,783 | 2,260 | 3,830 | 3,725 | 91.96 |
ended March 31, 2024 | |||||
Reason for the revision |
For the second quarter (six months) of the fiscal year ending March 31, 2025, the Company has decided to revise the previous forecasts for consolidated and non-consolidated financial results, as gross profit is expected to exceed previous forecasts with the widened price gap between products and raw materials on non-consolidated side.
As for the full fiscal year ending March 31, 2025, the Company has decided to revise the previous forecasts for consolidated financial results, as gross profit is expected to fall short of previous forecasts with the shrunken price gap between products and raw materials on overseas consolidated subsidiaries (India and Thailand) from third quarter onward.
*The above forecasts are based on information available to the Company at the time of announcement and are subject to uncertainties. Actual results may vary from forecasts due to various factors.