Revised forecast
Fiscal year ending March 2027 · Six months and full yearThe bar length represents the relative magnitude of change, based on the item that changed the most in this document.
In the domestic steel business, demand for construction steel products is expected to remain sluggish, while prices for steel scrap and energy and logistics costs, among others, are expected to rise due to higher crude oil prices. In the overseas steel business, sales volumes in Vietnam are expected to increase, operations at the U.S. bases are expected to stabilize, and the Canadian bases are expected to maintain high profit levels.
Total extraordinary losses: ¥1,424 million. Losses on disposal and sale of non-current assets: ¥305 million; provision for doubtful accounts related to affiliated companies: ¥329 million; impairment losses: ¥190 million; valuation losses on investment securities: ¥274 million; settlement payments: ¥240 million; loss on disposal of merchandise: ¥60 million; and other: ¥26 million.
| Item | Details |
|---|---|
| Net Sales | Not disclosed → ¥360,000 million |
| Operating profit | Not disclosed → ¥16,000 million |
| Ordinary income | Not disclosed → ¥14,000 million |
| Profit attributable to owners of the parent | Not disclosed → ¥9,000 million |
| Net income per share | Not disclosed → 207.09 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months and full year |
| Previous-period results | Fiscal year ended March 2026: net sales of ¥315,106 million, operating profit of ¥16,967 million, ordinary profit of ¥16,211 million, net income attributable to owners of the parent of ¥9,864 million, and basic earnings per share of ¥226.98 |
| Reason for the revision | In the domestic steel business, demand for construction steel products is expected to remain sluggish, while prices for steel scrap and energy and logistics costs, among others, are expected to rise due to higher crude oil prices. In the overseas steel business, sales volumes in Vietnam are expected to increase, operations at the U.S. bases are expected to stabilize, and the Canadian bases are expected to maintain high profit levels. |
| Details and amount of extraordinary loss | Total extraordinary losses: ¥1,424 million. Losses on disposal and sale of non-current assets: ¥305 million; provision for doubtful accounts related to affiliated companies: ¥329 million; impairment losses: ¥190 million; valuation losses on investment securities: ¥274 million; settlement payments: ¥240 million; loss on disposal of merchandise: ¥60 million; and other: ¥26 million. |
| Dividend forecast revision | No change (whether the dividend forecast has been revised from the most recently announced forecast: No) |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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.In the fiscal year under review, higher earnings in the overseas steel business secured increases in operating profit and ordinary profit. For the next fiscal year, demand for construction steel products in Japan is expected to remain sluggish, while prices for steel scrap and energy and logistics costs are expected to rise. At the same time, demand is expected to increase overseas and operations at the U.S. bases are expected to stabilize.