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Earnings4832JFE Systems, Inc.Information and Communications, Services and Others

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated)

For the interim period, revenue, operating profit, and interim net income attributable to owners of the parent were below the year-earlier period, mainly due to the completion of the steelworks system refresh project. The full-year earnings forecast remains unchanged, while the annual dividend forecast has been raised from the previous fiscal year's actual dividend of ¥68 to ¥70, with the breakdown revised to ¥24 for the interim dividend and ¥46 for the year-end dividend.

Worth reading
42Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-9.5
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales26,466¥ millionYear on year -9.5%Progress 44.1%
Operating profit2,295¥ millionYear on year -13.9%Progress 34.8%
Ordinary income2,396¥ millionYear on year -11.5%Progress 35.2%
Net income attributable to owners of the parent1,528¥ millionYear on year -13.4%Progress 34.9%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥48.64
Financial position at period-end
Total assets53,309¥ million
of which net assets 37,149 ¥ millionEquity ratio 67.4%vs. prior year-end +0.1pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥60,000 million (YoY +4.5%)
Operating profit¥6,600 million (YoY +4.0%)
Ordinary income¥6,800 million (YoY +5.4%)
Net income¥4,380 million (YoY +2.7%)
Annual Dividend Forecast¥68 per share → ¥70 per share
Payout ratio50
Shareholder Return PolicyConsolidated payout ratio of approximately 50%
Factors Behind Changes in Business Performance

Revenue declined year on year following the completion of the steelworks system refresh project at the Steel Business Division. Profit declined due to lower revenue and investments in personnel aimed at supporting growth.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNo material changes (0 additions, 0 exclusions)
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingNo (no eligible attendees)
Issued Shares at Period-End31,412,000 shares
Treasury Shares at Period-End2,325 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales¥26,466 million (YoY -9.5%)
Operating profit¥2,295 million (YoY -13.9%)
Ordinary income¥2,396 million (YoY -11.5%)
Profit attributable to owners of the parent¥1,528 million (YoY -13.4%)
Net income per share¥48.64
Equity ratioEnd of the current fiscal period 67.4 / End of previous period 67.3
Total assets¥53,309 million
Net assets¥37,149 million
Full-year earnings forecastNet Sales ¥60,000 million (YoY +4.5%) / Operating profit ¥6,600 million (YoY +4.0%) / Ordinary income ¥6,800 million (YoY +5.4%) / Net income ¥4,380 million (YoY +2.7%)
Annual Dividend Forecast¥68 per share → ¥70 per share
Payout ratio50
Shareholder Return PolicyConsolidated payout ratio of approximately 50%
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNo material changes (0 additions, 0 exclusions)
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingNo (no eligible attendees)
Issued Shares at Period-End31,412,000 shares
Treasury Shares at Period-End2,325 shares
Factors Behind Changes in Business PerformanceRevenue declined year on year following the completion of the steelworks system refresh project at the Steel Business Division. Profit declined due to lower revenue and investments in personnel aimed at supporting growth.
Items this document does not state (14)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastSegment revenueSegment profitRegional salesOrders received and order backlogDepreciation and amortizationImpairment lossBreakdown of extraordinary income (loss)Material subsequent events

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Revenue declined year on year following the completion of the steelworks system refresh project at the Steel Business Division, while profit declined due to lower revenue and investments in personnel aimed at supporting growth.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) | JFE Systems, Inc. (4832) timely disclosure | Komori