FilingReader Intelligence
Daido Steel Q1 profit falls 14% on production costs
July 28, 2025 at 06:20 AM UTC•By FilingReader AI
Daido Steel's Q1 operating profit fell 14% to ¥8,658 million despite revenue rising 0.2% to ¥142,352 million, hit by ¥1,736 million in one-time production allocation expenses.
Specialty steel sales volume dropped 9,000 tons to 253,000 tons. Full-year forecasts remain pending due to U.S. trade policy uncertainty.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
TSE:5471•Tokyo Stock Exchange
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