Revised forecast
Fiscal year ending March 2027 · Second quarter (cumulative)Previous forecast published 27 April 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.
The forecasts for income at each level have been revised downward because iron scrap prices, the principal raw material, have remained at higher levels than initially assumed, while there is a time lag before improvements in selling prices are reflected in shipment unit prices. The full-year forecasts remain unchanged from the initial forecasts in light of the current uncertain outlook, including the situation in the Middle East and trends in scrap prices.
| Item | Details |
|---|---|
| Net Sales | ¥98,000 million → ¥100,000 million（+2.0%） |
| Operating profit | ¥2,300 million → ¥600 million（-73.9%） |
| Ordinary income | ¥2,600 million → ¥1,000 million（-61.5%） |
| Profit attributable to owners of the parent | ¥1,300 million → ¥800 million（-38.5%） |
| Net income per share | 88.9 yen → 55.68 yen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (cumulative) |
| Publication date of previous forecast | 27 April 2026 |
| Previous-period results | Second-quarter results for the fiscal year ended March 2026: net sales of ¥93,515 million, operating income of ¥5,431 million, ordinary income of ¥6,309 million, interim net income attributable to owners of the parent of ¥4,668 million, and interim net income per share of ¥319.19. |
| Reason for the revision | The forecasts for income at each level have been revised downward because iron scrap prices, the principal raw material, have remained at higher levels than initially assumed, while there is a time lag before improvements in selling prices are reflected in shipment unit prices. The full-year forecasts remain unchanged from the initial forecasts in light of the current uncertain outlook, including the situation in the Middle East and trends in scrap prices. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
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.Iron scrap prices, the principal raw material, have remained at higher levels than initially assumed, while there is a time lag before improvements in selling prices are reflected in shipment unit prices. The full-year forecasts remain unchanged in light of the current uncertain outlook, including the situation in the Middle East and trends in scrap prices.