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Revision of earnings forecasts5410Godo Steel,Ltd.Iron & Steel, Nonferrous Metals

Consolidated Financial Results for the Fiscal Year Ending March 2026 (Japanese GAAP)

Reported consolidated results for the fiscal year ended March 2026 and presented earnings forecasts for the six months ending September 2026 and the fiscal year ending March 2027. For the fiscal year ending March 2027, revenue is expected to increase, while profit is forecast to decline.

Worth reading
81Important
Scored from 4 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
46.6
% (year-on-year change in net income attributable to owners of the parent for the fiscal year ending March 2027)
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Six months (cumulative) and full year
Net Sales—→—Millions of yen
—
Operating profit—→—Millions of yen
—
Ordinary income—→—Millions of yen
—
Profit attributable to owners of the parent—→—Millions of yen
—
Net income per share—→—yen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

Weak domestic demand is expected to continue in the first half, as it did in the previous fiscal year, while a gradual recovery is expected from the second half. There are concerns over higher costs resulting from a sharp rise in ferrous scrap prices and the situation in the Middle East, and the cost environment is expected to deteriorate further.

Details and amount of extraordinary loss

Loss on disposal of fixed assets: ¥198 million

Previous-period resultsFiscal year ended March 2026: Revenue of ¥191,772 million, operating profit of ¥9,813 million, ordinary profit of ¥11,089 million, net income attributable to owners of the parent of ¥8,051 million, and basic earnings per share of ¥550.56
Dividend forecast revisionFor the fiscal year ending March 2027, dividends of ¥40 per share are forecast for the interim period and ¥60 per share at year-end, for an annual total of ¥100. It is not stated whether this constitutes a revision to the dividend forecast.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesNot disclosed → Cumulative second-quarter results 98,000 / Full year 200,000(Cumulative second-quarter results 4.8% (year-on-year) / Full year 4.3% (year-on-year))
Operating profitNot disclosed → Cumulative second-quarter results 2,300 / Full year 6,500(Cumulative second-quarter results -57.7% (year-on-year) / Full year -33.8% (year-on-year))
Ordinary incomeNot disclosed → Cumulative second-quarter results 2,600 / Full year 7,000(Cumulative second-quarter results -58.8% (year-on-year) / Full year -36.9% (year-on-year))
Profit attributable to owners of the parentNot disclosed → Cumulative second-quarter results 1,300 / Full year 4,300(Cumulative second-quarter results -72.2% (year-on-year) / Full year -46.6% (year-on-year))
Net income per shareNot disclosed → Cumulative second-quarter results 88.90 / Full year 294.04
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSix months (cumulative) and full year
Previous-period resultsFiscal year ended March 2026: Revenue of ¥191,772 million, operating profit of ¥9,813 million, ordinary profit of ¥11,089 million, net income attributable to owners of the parent of ¥8,051 million, and basic earnings per share of ¥550.56
Reason for the revisionWeak domestic demand is expected to continue in the first half, as it did in the previous fiscal year, while a gradual recovery is expected from the second half. There are concerns over higher costs resulting from a sharp rise in ferrous scrap prices and the situation in the Middle East, and the cost environment is expected to deteriorate further.
Details and amount of extraordinary lossLoss on disposal of fixed assets: ¥198 million
Dividend forecast revisionFor the fiscal year ending March 2027, dividends of ¥40 per share are forecast for the interim period and ¥60 per share at year-end, for an annual total of ¥100. It is not stated whether this constitutes a revision to the dividend forecast.
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Publication date of previous forecast

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 weak domestic demand is expected to persist, the cost environment is expected to deteriorate due to a sharp rise in ferrous scrap prices and higher costs resulting from the situation in the Middle East.

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.
Consolidated Financial Results for the Fiscal Year Ending March 2026 (Japanese GAAP) | Godo Steel,Ltd. (5410) timely disclosure | Komori