Daido Metal Co., Ltd. provided consolidated earnings guidance for the Six months ending September 30, 2023 and full year ending March 31, 2024. For the six months, Company expects net sales of JPY 60,000 million, operating profit of JPY 1,200 million, loss attributable to owners of parent JPY 210 million and basic loss per share of JPY 4.45.

For the full year, Company net sales of JPY 121,000 million, operating profit of JPY 3,100 million, profit attributable to owners of parent JPY 200 million and basic earnings per share of JPY 4.24.