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Revisions to earnings forecasts5406Kobe Steel,Ltd.Iron and Steel, Nonferrous Metals

Notice Regarding Revisions to Non-Consolidated Earnings Forecasts

The full-year non-consolidated earnings forecasts for the fiscal year ending March 2027 have been revised upward for all three items: net sales, ordinary profit and net income. In particular, ordinary profit and net income have each been increased by 50.0% from the previous forecasts.

Worth reading
58In focus
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Direction
Improvement
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Scale
50
%
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 11 May 2026
Net Sales1,400,000→1,500,000million yen
+7.1%
Ordinary income50,000→75,000million yen
+50.0%
Profit attributable to owners of the parent50,000→75,000million yen
+50.0%
Net income per share125.77→188.88yen/sen
+50.2%

The 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.

Reason for the revision

Although deterioration in the steel-metal spread is anticipated, full-year net sales, ordinary profit and net income have been revised upward due to improvements in the impact of inventory valuation in the materials businesses and an increase in dividends received from group companies, among other factors.

Previous-period resultsNet sales: ¥1,330,807 million; ordinary profit: ¥46,121 million; net income: ¥59,002 million; earnings per share: ¥149.57
Consolidated / non-consolidatedNon-consolidated
Revised forecast
ItemDetails
Net Sales1,400,000 million yen → 1,500,000 million yen(7.1%)
Ordinary income50,000 million yen → 75,000 million yen(50.0%)
Profit attributable to owners of the parent50,000 million yen → 75,000 million yen(50.0%)
Net income per share125.77 yen/sen → 188.88 yen/sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast11 May 2026
Previous-period resultsNet sales: ¥1,330,807 million; ordinary profit: ¥46,121 million; net income: ¥59,002 million; earnings per share: ¥149.57
Reason for the revisionAlthough deterioration in the steel-metal spread is anticipated, full-year net sales, ordinary profit and net income have been revised upward due to improvements in the impact of inventory valuation in the materials businesses and an increase in dividends received from group companies, among other factors.
Consolidated / non-consolidatedNon-consolidated
Items this document does not state (3)
Operating profitDetails and amount of extraordinary lossDividend forecast revision

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.

Although deterioration in the steel-metal spread is anticipated, full-year net sales, ordinary profit and net income have been revised upward due to improvements in the impact of inventory valuation in the materials businesses and an increase in dividends received from group companies, among other factors.

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.
Notice Regarding Revisions to Non-Consolidated Earnings Forecasts | Kobe Steel,Ltd. (5406) timely disclosure | Komori