Steel Business: 10% Ordinary Profit Margin on Sales
First written in FY2016. 4 of 20 entries say "Advanced", first in FY2024. Latest entry: 2026-11-06.
The whole theme swung hardest in 2018: 6 of 59 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- 2026-11-06WorsenedRevisions to earnings forecasts
「Segment profit」
鉄鋼事業の2027年3月期上期セグメント利益は158億円となった一方、通期見通しは800億円で、前回見通し1,000億円から200億円引き下げられた。 - FY2027-H1AdvancedAnnual report
「In the steel business, revenue increased by ¥48.2 billion year on year to ¥1,585.6 billion, mainly due to efforts to improve selling prices and the foreign exchange impact of the weaker yen. Segment profit increased by ¥21.1 billion year on year to ¥15.8 billion, despite higher costs resulting from surging raw material prices and the impact of natural disasters, including torrential rain. The increase reflected ongoing improvements in selling prices, cost-reduction efforts and one-off factors such as gains from differences in inventory valuation.」
The steel business recorded interim segment profit of ¥15.8 billion, an improvement of ¥21.1 billion from the ¥5.3 billion loss in the same period of the previous year. However, a gap remains versus the full-year target of ¥260 billion under the Eighth Medium-Term Business Plan. - 2026-08-05AdvancedRevisions to earnings forecasts
「鉄鋼事業 △ 121 △ 53 380 30 300 1,000」
鉄鋼事業のセグメント利益は、2025年度実績380億円に対し、2026年度第1四半期30億円、上期見通し300億円、通期見通し1,000億円と開示された。 - FY2026Full-year profit flat; gap versus the 8th Medium-Term Management Plan targetAnnual report
「Steel business ・Segment profit ¥260 billion ¥38 billion」
Against the ¥260 billion segment profit target for the steel business under the Eighth Medium-Term Management Plan, FY2025 results were ¥38 billion. This was an increase from the previous year's ¥36.3 billion, but remained well below target. - FY2026-H1Interim segment lossAnnual report
「In the steel business, revenue was ¥1,537.4 billion, down ¥191.9 billion (11.1%) from the previous interim consolidated accounting period, due mainly to falling steel product prices and the foreign exchange impact of a stronger yen. Segment profit declined by ¥39.8 billion, resulting in a loss of ¥5.3 billion.」
In the steel business, which transitioned from the Seventh to the Eighth Medium-Term Management Plan, the segment recorded a loss of ¥5.3 billion for the interim period. Selling price improvements and cost reductions continued, but falling steel product prices and the stronger yen had a negative impact. - FY2025ReframedAnnual report
「Increasing the proportion of high-value-added products” “Rebuilding the domestic production structure and reorganizing the business」
Against the ¥230 billion steel business segment profit target under the Seventh Medium-Term Management Plan, FY2024 results were ¥36.3 billion. Under the Eighth Medium-Term Management Plan, priorities have been reorganized from the segment profit target toward increasing the proportion of high-value-added products and streamlining the domestic production structure. - FY2025-H1Sharp decline in interim profitAnnual report
「In the steel business, revenue was ¥1,729.3 billion, down ¥136.5 billion (7.3%) from the previous interim consolidated accounting period, due mainly to lower sales volumes and weaker overseas steel market conditions, despite efforts to continuously improve selling prices and reduce costs. Segment profit was ¥34.5 billion, down ¥88.3 billion from the previous interim consolidated accounting period.」
In relation to the ¥230 billion segment profit target for the steel business under the Seventh Medium-Term Management Plan, segment profit for the interim period was ¥34.5 billion. Despite continued selling price improvements and cost reductions, profit fell by ¥88.3 billion year on year due to lower sales volumes and weaker overseas steel market conditions. - FY2024AdvancedAnnual report
「Steel business ・Profit per ton ¥10,000/ton ・Segment profit ¥230 billion FY2023 results ¥10,000/ton ¥202.7 billion」
Profit per ton reached the Seventh Medium-Term Management Plan target of ¥10,000/ton, while segment profit was ¥202.7 billion against the ¥230 billion target. - FY2024-Q3Slight increase in cumulative third-quarter profit, still below targetAnnual report
「In the steel business, revenue was ¥2,781.4 billion, down ¥124.5 billion (4.3%) from the year-earlier cumulative period, due mainly to lower sales volumes and weaker overseas market conditions. Segment profit was ¥171.0 billion, up ¥1.0 billion, despite weaker overseas market conditions and one-off factors such as inventory valuation differences, as ongoing efforts to improve selling prices and reduce costs contributed to earnings.」
In relation to the ¥230 billion segment profit target for the steel business under the Seventh Medium-Term Management Plan, cumulative segment profit through the third quarter was ¥171.0 billion. Although profit increased by ¥1.0 billion year on year, weaker overseas market conditions and other factors remained a drag on earnings. - FY2024-Q2Cumulative profit decline through the second quarterAnnual report
「In the steel business, revenue was ¥1,865.8 billion, down ¥53.1 billion (2.8%) from the year-earlier cumulative period, due mainly to lower sales volumes and weaker overseas market conditions. Segment profit was ¥122.8 billion, down ¥25.4 billion, despite efforts to continuously improve selling prices and reduce costs. The decline reflected weaker overseas market conditions and one-off factors such as inventory valuation differences.」
Cumulative segment profit for the steel business through the second quarter was ¥122.8 billion, down ¥25.4 billion year on year. Selling price improvements and cost reductions continued, but weaker overseas market conditions and other factors reduced profit. - FY2024-Q1First-quarter profit declineAnnual report
「In the steel business, revenue was ¥917.2 billion, down ¥15.4 billion (1.6%) from the year-earlier cumulative period, due to lower sales volumes and weaker overseas market conditions. Segment profit was ¥68.1 billion, down ¥24.9 billion, despite efforts to continuously improve selling prices and reduce costs. The decline reflected weaker overseas market conditions and one-off factors such as inventory valuation differences.」
In relation to the ¥230 billion segment profit target for the steel business under the Seventh Medium-Term Management Plan, segment profit for the first quarter was ¥68.1 billion, down ¥24.9 billion from the same period of the previous year. - FY2023Full-year results below targetAnnual report
「Steel business ・Profit per ton ¥10,000/ton ・Segment profit ¥230 billion FY2022 ¥7,000/ton ¥146.8 billion」
Against the steel business targets under the Seventh Medium-Term Management Plan, FY2022 profit per ton was ¥7,000 and segment profit was ¥146.8 billion, both below target. - FY2023-Q3Disclosure of cumulative profit for the third quarterAnnual report
「Segment profit was ¥170 billion, down ¥82 billion from the year-earlier cumulative period, despite efforts to improve selling prices and achieve ongoing cost reductions. The decline reflected higher raw material prices, foreign exchange effects and one-off factors such as inventory valuation differences.」
In relation to the ¥230 billion segment profit target for the steel business under the Seventh Medium-Term Management Plan, cumulative segment profit through the third quarter was ¥170 billion. This represented a ¥82 billion year-on-year decline, with higher raw material prices and foreign exchange effects among the factors cited. - FY2022ReframedAnnual report
「Steel business ・Profit per ton ¥10,000/ton ・Segment profit ¥230 billion」
The former 10% ROS target was reorganized under the Seventh Medium-Term Management Plan into metrics of ¥10,000 profit per ton and ¥230 billion in segment profit. FY2021 results were ¥14,000 and ¥323.7 billion, respectively. - FY2021Failure to achieve the final results target under the 6th Medium-Term Management PlanAnnual report
「Steel business ¥220.0 billion/year ¥161.3 billion △¥8.7 billion △¥65.4 billion」
Against the steel business segment profit target of ¥220.0 billion per year under the 6th Medium-Term Management Plan, segment profit was ¥161.3 billion in fiscal 2018, a loss of ¥8.7 billion in fiscal 2019 and a loss of ¥65.4 billion in fiscal 2020, so the target was not achieved over the plan period. - FY2018Targets missed; plan concludedAnnual report
「ROS was 7.3% in the current consolidated fiscal year, the final year of the 5th Medium-Term Management Plan, and the 10% ROS target was not achieved.」
The Group explicitly states that the steel business ROS target of 10% was not achieved, with ROS of 7.3% in the final year. - FY2017RestatedAnnual report
「○ Steel business Ordinary profit margin on sales (ROS)..........................10%」
The Group continues to target a 10% ROS for the steel business under the 5th Medium-Term Management Plan. - FY2016First statedAnnual report
「○ Steel business Ordinary profit margin on sales (ROS)..........................10%」
The steel business profitability target under the 5th Medium-Term Management Plan.