Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 5 February 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Impairment losses will be recorded at the Ako Plant and the Brazilian consolidated subsidiaries SRB Co. and Reframax Co.
Impairment losses of approximately ¥4.3 billion at the Ako Plant, approximately ¥3.9 billion at SRB Co. and approximately ¥1.5 billion at Reframax Co. The total for the matters disclosed in this announcement is approximately ¥9.7 billion.
| Item | Details |
|---|---|
| Net Sales | 176,000 Millions of yen → 176,000 Millions of yen（0.0%） |
| Operating profit | 13,000 Millions of yen → 13,000 Millions of yen（0.0%） |
| Ordinary income | 14,900 Millions of yen → 14,900 Millions of yen（0.0%） |
| Profit attributable to owners of the parent | 31,000 Millions of yen → 26,000 Millions of yen（-16.1%） |
| Net income per share | ¥679.33 → ¥569.76 |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 5 February 2026 |
| Previous-period results | Fiscal year ended March 2025, full year: net sales ¥144,072 million, operating income ¥13,278 million, ordinary income ¥13,655 million, net income attributable to owners of the parent ¥9,778 million, and net income per share ¥214.48 |
| Reason for the revision | Impairment losses will be recorded at the Ako Plant and the Brazilian consolidated subsidiaries SRB Co. and Reframax Co. |
| Details and amount of extraordinary loss | Impairment losses of approximately ¥4.3 billion at the Ako Plant, approximately ¥3.9 billion at SRB Co. and approximately ¥1.5 billion at Reframax Co. The total for the matters disclosed in this announcement is approximately ¥9.7 billion. |
| Dividend forecast revision | The annual dividend forecast of ¥90.00 remains unchanged. |
| Consolidated / non-consolidated | Consolidated |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Impairment losses will be recorded at the Ako Plant, SRB Co. and Reframax Co. The business environment for domestic refractories at the Ako Plant has deteriorated, primarily due to declining domestic crude steel production. At SRB Co. and Reframax Co., the environment surrounding Brazil's steel industry has deteriorated due to steel overproduction in China and protectionist trade measures in various countries.