Revised forecast
Fiscal year ending March 2027 · Six months ending June 2026, full yearPrevious forecast published 13 May 2026The 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.
While the effects of rising raw material and fuel costs and lower steel exports to the Middle East have become apparent, profit is expected to increase due to higher US steel market prices, improved earnings at United States Steel Corporation reflecting the effectiveness of its earnings improvement measures, and an increase in gains from inventory valuation.
| Item | Details |
|---|---|
| Net Sales | Cumulative second-quarter results 5,400,000 / Full year 11,000,000 → Cumulative second-quarter results 5,600,000 / Full year 11,200,000(Cumulative second-quarter results 3.7 / Full year 1.8) |
| Operating profit | Cumulative second-quarter results 220,000 / Full year 530,000 → Cumulative second-quarter results 260,000 / Full year 630,000(Cumulative second-quarter results 18.2 / Full year 18.9) |
| Profit attributable to owners of the parent | Cumulative second-quarter results 90,000 / Full year 220,000 → Cumulative second-quarter results 120,000 / Full year 290,000(Cumulative second-quarter results 33.3 / Full year 31.8) |
| Net income per share | Cumulative second-quarter results 17 / Full year 42 → Cumulative second-quarter results 23 / Full year 55 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months ending June 2026, full year |
| Publication date of previous forecast | 13 May 2026 |
| Previous-period results | Cumulative second-quarter results Revenue ¥4,635,647 million, business profit ¥227,533 million, profit for the period attributable to owners of the parent -¥113,380 million, basic earnings per share -¥21.69 / Full year Revenue ¥10,063,216 million, business profit ¥514,128 million, profit for the period attributable to owners of the parent ¥17,158 million, basic earnings per share ¥3.28 |
| Reason for the revision | While the effects of rising raw material and fuel costs and lower steel exports to the Middle East have become apparent, profit is expected to increase due to higher US steel market prices, improved earnings at United States Steel Corporation reflecting the effectiveness of its earnings improvement measures, and an increase in gains from inventory valuation. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (3)
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.The revision reflects expectations for higher US steel market prices, the effects of United States Steel Corporation's earnings improvement measures, and an increase in gains from inventory valuation, despite rising raw material and fuel costs and lower steel exports to the Middle East.