Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 30 October 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
Operating profit declined due to weak construction demand, the failure to meet planned shipment volumes, and margin deterioration caused by higher scrap prices. Ordinary profit increased due to valuation-related gains and losses, including foreign exchange gains and losses. Following the dissolution of the consolidated subsidiary PT.KRAKATAU OSAKA STEEL, an allowance for doubtful accounts related to an affiliate of ¥19,353 million and business withdrawal losses of ¥4,509 million were recognized as extraordinary losses, resulting in a decline in net income.
Provision for doubtful accounts related to an affiliated company: ¥19,353 million; business withdrawal losses: ¥4,509 million
| Item | Details |
|---|---|
| Net Sales | ¥79,300 million → ¥74,791 million（-5.7%） |
| Operating profit | ¥2,550 million → ¥1,078 million（-57.7%） |
| Ordinary income | ¥3,050 million → ¥3,204 million（+5.0%） |
| Profit attributable to owners of the parent | ¥2,220 million → ¥-21,600 million |
| Net income per share | 74.33 yen → -721.96 yen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 30 October 2025 |
| Previous-period results | Net sales: ¥91,826 million; operating profit: ¥4,645 million; ordinary profit: ¥5,783 million; net income: ¥2,906 million; basic earnings per share: ¥74.69 (fiscal year ended March 2025) |
| Reason for the revision | Operating profit declined due to weak construction demand, the failure to meet planned shipment volumes, and margin deterioration caused by higher scrap prices. Ordinary profit increased due to valuation-related gains and losses, including foreign exchange gains and losses. Following the dissolution of the consolidated subsidiary PT.KRAKATAU OSAKA STEEL, an allowance for doubtful accounts related to an affiliate of ¥19,353 million and business withdrawal losses of ¥4,509 million were recognized as extraordinary losses, resulting in a decline in net income. |
| Details and amount of extraordinary loss | Provision for doubtful accounts related to an affiliated company: ¥19,353 million; business withdrawal losses: ¥4,509 million |
| Consolidated / non-consolidated | Subsidiary standalone |
Items this document does not state (1)
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.Operating profit declined due to weak construction demand, the failure to meet planned shipment volumes, and margin deterioration caused by higher scrap prices. Ordinary profit increased due to valuation-related gains and losses, including foreign exchange gains and losses. Net income declined because an allowance for doubtful accounts related to an affiliate and business withdrawal losses associated with the dissolution of a subsidiary were recognized as extraordinary losses.