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Revisions to earnings forecasts5408NAKAYAMA STEEL WORKS,LTD.Iron and steel and nonferrous metals

Second-quarter (interim period) financial results for the fiscal year ending March 2027 [Japanese GAAP] (consolidated)

Published consolidated results for the interim period of the fiscal year ending March 2027 and lowered the full-year forecasts for net sales, operating profit and ordinary profit from the previously announced figures. Meanwhile, the forecast for net income attributable to owners of the parent was left unchanged, and the dividend forecast was not revised.

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Revised forecast

Fiscal year ending March 2027 · Full year
Net Sales—→155,000Millions of yen
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Operating profit—→3,100Millions of yen
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Ordinary income—→1,600Millions of yen
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Profit attributable to owners of the parent—→3,900Millions of yen
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Net income per share—→64.24Yen/sen
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The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

Although an early recovery in the demand environment is difficult to foresee, uncertainty remains over factors including trends in raw material prices and energy costs. The pass-through of cost increases into commensurate selling prices is under way, but remains incomplete, and the impact of the fire at the hot-rolled steel plant will also affect results. Accordingly, net sales, operating profit and ordinary profit are expected to fall below the previously announced figures. The forecast for net income attributable to owners of the parent remains as previously announced, reflecting expectations of increased proceeds from asset sales and other factors.

Details and amount of extraordinary loss

Loss on disposal of fixed assets: ¥36 million; provision for dismantling and removal: ¥24 million; other: ¥12 million; total extraordinary losses: ¥73 million

Dividend forecast revisionNo revision
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesNot disclosed → 155,000 Millions of yen
Operating profitNot disclosed → 3,100 Millions of yen
Ordinary incomeNot disclosed → 1,600 Millions of yen
Profit attributable to owners of the parentNot disclosed → 3,900 Millions of yen
Net income per shareNot disclosed → 64.24 Yen/sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Reason for the revisionAlthough an early recovery in the demand environment is difficult to foresee, uncertainty remains over factors including trends in raw material prices and energy costs. The pass-through of cost increases into commensurate selling prices is under way, but remains incomplete, and the impact of the fire at the hot-rolled steel plant will also affect results. Accordingly, net sales, operating profit and ordinary profit are expected to fall below the previously announced figures. The forecast for net income attributable to owners of the parent remains as previously announced, reflecting expectations of increased proceeds from asset sales and other factors.
Details and amount of extraordinary lossLoss on disposal of fixed assets: ¥36 million; provision for dismantling and removal: ¥24 million; other: ¥12 million; total extraordinary losses: ¥73 million
Dividend forecast revisionNo revision
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Publication date of previous forecastPrevious-period results

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.

An early recovery in the demand environment is difficult to foresee, and uncertainty over raw material prices and energy costs persists. In addition to the ongoing pass-through of higher costs into selling prices, the impact of the fire at the hot-rolled steel plant is also expected. Meanwhile, the forecast for net income attributable to owners of the parent was left unchanged, reflecting expectations of increased proceeds from asset sales and other factors.

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Second-quarter (interim period) financial results for the fiscal year ending March 2027 [Japanese GAAP] (consolidated) | NAKAYAMA STEEL WORKS,LTD. (5408) timely disclosure | Komori