November 11, 2024
DOWA HOLDINGS CO., LTD.
DOWA HOLDINGS CO., LTD. (“the Company”) hereby announces the differences between the first half consolidated financial forecasts for the fiscal year ending March 31, 2025 (April 1, 2024 to September 30, 2024) announced on May 10, 2024 and the actual results announced today. Details are as follows:
1. Differences Between First Half Consolidated Financial Forecasts for the Fiscal Year Ending March 31, 2025 and Actual Results
(April 1, 2024 to September 30, 2024)
|
Net Sales |
Operating Income |
Ordinary Income |
Profit attributable to owners of parent |
Net Income per share |
|
|
(Millions of Yen) |
(Millions of Yen) |
(Millions of Yen) |
(Millions of Yen) |
(Yen) |
|
|
Previous Forecasts (A) (Announced on May 10, 2024) |
357,000 |
17,300 |
22,000 |
15,200 |
255.31 |
|
Actual Results (B) |
352,593 |
21,471 |
26,993 |
20,520 |
344.65 |
|
Changes (B-A) |
(4,407) |
4,171 |
4,993 |
5,320 |
|
|
Percentage Changes (%) |
(1.2) |
24.1 |
22.7 |
35.0 |
|
|
(Ref.) Previous Fiscal Year H1 Results (H1 of Year Ended March 31, 2024) |
370,759 |
14,263 |
21,827 |
13,185 |
221.52 |
2. Reasons for the Differences
In the first half of the current fiscal year, sales of information and communication-related products increased and orders for waste treatment- and recycling-related services remained firm. In the foreign exchange market and metal prices, compared to the previous forecast, the average exchange rate of the yen weakened against the U.S. dollar, and the average price of major metals increased. In addition, profit attributable to owners of parent exceeded the previous forecasts, mainly due to the recording of a gain on sale of investment securities as an extraordinary income.
