Corporate Events

Kyoto Fusioneering, Ltd. began a joint development program with Daido Steel Co., Ltd. to establish commercial manufacturing technology for low-activation vanadium alloy, one of three candidate structural materials for fusion blankets. Under the program the two companies have melted and forged a cumulative 200 kg of high-purity vanadium into round bars and plates and are now jointly evaluating the manufacturing and processing technologies required to produce these materials. Going forward, the companies will proceed toward the fabrication of a blanket mock-up, with a view to the future practical application of this material as a blanket structural material for fusion machines. Under this joint development program, Daido Steel will draw on the technological capabilities it has built up through the development and manufacturing of specialty steels and various alloys as a foundation for establishing the manufacturing technology needed to bring vanadium alloy to practical use. Combined with KF’s expertise in fusion energy plant design and materials specification, the two companies aim to establish a repeatable industrial process for producing low-activation vanadium alloy structural materials for fusion applications. Specifically, the companies are jointly evaluating manufacturing and processing technologies for vanadium alloy materials, including plate and round bar. The first finished material — 7.3 kg of round bar and 2.6 kg of plate, shown above — was completed in August 2026, and approximately 70 kg in total will be delivered to KF. KF will machine and join this material, and estimate beginning fabrication of a blanket mock-up in 2027. Through the fabrication of a blanket mock-up using the structural materials obtained through this joint development, KF will advance blanket development and its commercialization.

Daido Steel Co., Ltd. reported earnings results for the first quarter ended June 30, 2026. For the first quarter, the company reported sales was JPY 163,530 million compared to JPY 142,352 million a year ago. Net income was JPY 9,061 million compared to JPY 6,416 million a year ago. Basic earnings per share from continuing operations was JPY 45.34 compared to JPY 31.18 a year ago. Diluted earnings per share from continuing operations was JPY 45.33 compared to JPY 31.16 a year ago.

Daido Steel Co., Ltd., ¥ 24.0, Cash Dividend, Sep-29-2026

Daido Steel Co., Ltd. has announced a Fixed-Income Offering. Security Name: Straight Bonds due July 16, 2031 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: ¥10 billion Security Features: Unsecured

Daido Steel Co., Ltd., Q1 2027 Earnings Call, Jul 28, 2026

Daido Steel Co., Ltd. (TSE:5471) agreed to acquire additional 26.05% stake in Tohoku Steel Co., Ltd. (TSE:5484) for approximately ¥9 billion on May 15, 2026. As part of consideration ¥8.69 billion is being paid based on ¥4491 per share by Daido Steel Co., Ltd. towards the common equity of Tohoku Steel Co., Ltd. Upon completion Daido Steel Co., Ltd. will own 60.37% stake in Tohoku Steel Co., Ltd. The expected completion of the transaction is May 18, 2026 to June 29, 2026. Daido Steel Co., Ltd. (TSE:5471) completed the acquisition of additional 23.60% stake in Tohoku Steel Co., Ltd. (TSE:5484) for approximately ¥7.8 billion on June 29, 2026.

Daido Steel Co., Ltd. proposed year end dividend for the fiscal year ended March 31, 2026 and provided second quarter end and year end dividend guidance for the fiscal year ending March 31, 2027. for the year end 2026, the company proposed dividend of JPY 27.00 per share against JPY 26.00 per share a year ago. Scheduled date of annual general meeting of shareholders: June 25, 2026. Scheduled date to commence dividend payments: June 26, 2026. for the second quarter end of 2027, the company expects dividend of JPY 24.00 per share against JPY 22.00 per share a year ago. for the year end of 2027, the company expects dividend of JPY 28.00 per share against JPY 27.00 per share a year ago.

Daido Steel Co., Ltd. provided consolidated earnings guidance for the first half and full year ending March 31, 2027. For the first half, the company expects Revenue to be JPY 305,000 million, operating Profit to be JPY 21,000 million, profit attributable to owners of parent to be JPY 14,000 million and Basic earnings per share to be JPY 70.05. For the full year, the company expects Revenue to be JPY 630,000 million, operating Profit to be JPY 40,000 million, profit attributable to owners of parent to be JPY 27,500 million and Basic earnings per share to be JPY 137.60.

Daido Steel Co., Ltd. announces that at the meeting of the Board of Directors held on May 15, 2026, the Company resolved changes in the Board of Directors. Director (Outside director) Ryoichi Yamamoto is scheduled to retire in late June 2026 (the date of the 102nd Annual General Meeting of Shareholders). Mr. Ryoichi Yamamoto, Director of the Company, submitted his resignation upon the expiration of his term.

To discuss the 2026 IR Growth Market Product Briefing

Daido Steel Co., Ltd. announced that they will report Q1, 2027 results on Jul 28, 2026

Daido Steel Co., Ltd. expected to report Q1 2027 results on July 28, 2026. This event was calculated by S&P Global (Created on May 19, 2026).

Daido Steel Co., Ltd. (TSE:5471) agreed to acquire additional 26.05% stake in Tohoku Steel Co., Ltd. (TSE:5484) for approximately ¥9 billion on May 15, 2026. As part of consideration ¥8.69 billion is being paid based on ¥4491 per share by Daido Steel Co., Ltd. towards the common equity of Tohoku Steel Co., Ltd. Upon completion Daido Steel Co., Ltd. will own 60.37% stake in Tohoku Steel Co., Ltd. The expected completion of the transaction is May 18, 2026 to June 29, 2026.

Daido Steel Co., Ltd., Annual General Meeting, Jun 25, 2026.

Daido Steel Co., Ltd., Board Meeting, May 15, 2026. Agenda: To consider resolved changes in the Board of Directors.

Daido Steel Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026

Daido Steel Co., Ltd., 2026 Earnings Call, May 15, 2026

Daido Steel Co., Ltd., Board Meeting, Mar 30, 2026. Agenda: To consider and approve to conduct an absorption-type merger with its fully-owned subsidiary; and to consider any other matters.

Daido Steel Co., Ltd. announced retirement of Akihito Kajita as Director, Managing Executive Officer of the Company. The company also announced changes to Executive Officers (excluding Executive Officers who are also members of the Board of Directors). (1) Officer to be promoted (scheduled date: April 1, 2026) is Kunio Matsuo, who will be promoted to Managing Executive Officer from his current position as Executive Officer of the Company. (2) Officers to be newly appointed (scheduled date: April 1, 2026) include Hiroshi Endo, who will take on the role of Executive Officer, coming from the Talent Management and Acquisition Department of Mizuho Bank, Ltd.; Tomonori Yamaguchi, who will also be appointed as Executive Officer, currently serving as General Manager of the Shibukawa Plant in the Production Division of the Company; Mikio Saito, who will become an Executive Officer, currently the General Manager of the ESG Management Department of the Company; and Kenichiro Saito, who will be appointed as Executive Officer, currently the General Manager of the Corporate Planning Department of the Company. (3) The retiring Executive Officer (scheduled date: late June 2026) is Shin Takamiya, who is currently serving as Executive Officer of the Company.

ESG Briefing

Daido Steel Co., Ltd., Board Meeting, Feb 24, 2026. Agenda: To consider and resolve changes in the Board of Directors, which is subject to the approval of the 102nd Annual General Meeting of Shareholders scheduled to be held in late June 2026; and to consider and resolve changes in Executive Officers.

Daido Steel Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2026. For the period, the company expected net sales to be ¥575,000 million compared to previous guidance of ¥565,000 million, operating profit to be ¥36,000 million compared to previous guidance of ¥33,000 million, profit attributable to owners of parent to be ¥25,500 million compared to previous guidance of ¥23,500 million and basic earnings per share to be ¥126.49 compared to previous guidance of ¥116.57. Although the market prices of scrap iron are trending higher than expected, order levels are strong, and the exchange rate is trending towards a weaker yen, the Company strives to secure and maintain fair margins, including through ongoing cost reduction efforts, the Company revisions the forecast of full-year-consolidated financial results above.

Daido Steel Co., Ltd. reported earnings results for the nine months ended December 31, 2025. For the nine months, the company reported sales was JPY 430,230 million compared to JPY 433,961 million a year ago. Net income was JPY 21,767 million compared to JPY 23,170 million a year ago. Basic earnings per share from continuing operations was JPY 107.67 compared to JPY 109.32 a year ago. Diluted earnings per share from continuing operations was JPY 107.64 compared to JPY 109.29 a year ago.

Daido Steel Co., Ltd. expected to report Fiscal Year 2026 results on May 15, 2026. This event was calculated by S&P Global (Created on April 9, 2026).

Daido Steel Co., Ltd., Q3 2026 Earnings Call, Jan 29, 2026

Daido Steel Co., Ltd. announced that they will report Q3, 2026 results on Jan 29, 2026

Daido Steel Co., Ltd. announced that it has resolved, at a meeting of the Board of Directors held on October 30, 2025, to change to shareholder Return Policy. Details of change: Previous shareholder return policy: The Company's basic policy is to provide stable profit returns to shareholders, targeting a consolidated dividend payout ratio of 30% or more. Considering enhancement of shareholder returns based on the progress of optimizing cash allocation. New shareholder return policy: The Company's basic policy is to maintain financial soundness, targeting a consolidated dividend payout ratio of 30% or more. However, the lower limit of DOE is set at 2.5%. Share buybacks are also taken into consideration, based on the progress of optimizing cash allocation. Shareholders' equity: Equity attributable to owners of the parent excluding other components of equity. DOE: Dividend payment /Shareholders' equity as of the end of the previous fiscal year. The Changed shareholder return policy will be applied from the fiscal year ending March 31, 2026.

Daido Steel Co., Ltd. announced cash dividend for second quarter-end of fiscal year ended March 31, 2026, payable on December 5, 2025. For the period, the company announced cash dividend of JPY 22.00 per share as compared to JPY 21.00 per share a year ago. Scheduled date of commencing dividend payments: December 5, 2025. The company also provided dividend guidance for the Full Year ending March 31, 2026. For fiscal year, the company expects dividend to be JPY 27.00 per share compared to JPY 26.00 per share a year ago.

Daido Steel Co., Ltd. provided consolidated earnings guidance for the full fiscal year ending March 31, 2026. For the period, the company expected net sales to be JPY 565,000 million, operating profit to be JPY 33,000 million, profit attributable to owners of parent to be JPY 23,500 million and basic earnings per share to be JPY 116.57.

Daido Steel Co., Ltd., Board Meeting, Oct 30, 2025. Agenda: To consider the Notice Concerning Change of Shareholder Return Policy, Dividend of Surplus and Revision to Dividend Forecast.

Daido Steel Co., Ltd., ¥ 27.0, Cash Dividend, Mar-30-2026

Daido Steel Co., Ltd. expected to report Q3 2026 results on January 29, 2026. This event was calculated by S&P Global (Created on October 30, 2025).