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Revision of earnings forecasts5440KYOEI STEEL LTD.Iron & Steel, Nonferrous Metals

Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP]

The consolidated earnings forecasts for the cumulative second quarter and full fiscal year ending March 2027 were revised. Sales were increased by ¥2 billion for each period, while operating profit and profit attributable to owners of the parent were reduced. The ordinary profit forecast was unchanged.

Worth reading
71In focus
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Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-600
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Six months and full yearPrevious forecast published 30 April 2026
Net SalesCumulative second-quarter results177,000→179,000million
+1.1%
Net SalesFull year360,000→362,000million
+0.6%
Operating profitCumulative second-quarter results7,000→6,500million
-7.1%
Operating profitFull year16,000→15,500million
-3.1%
Ordinary incomeCumulative second-quarter results6,000→6,000million
0.0%
Ordinary incomeFull year14,000→14,000million
0.0%
Profit attributable to owners of the parentCumulative second-quarter results3,900→3,300million
-15.4%
Profit attributable to owners of the parentFull year9,000→8,400million
-6.7%
Net income per shareCumulative second-quarter results89.74→75.93yen
-15.4%
Net income per shareFull year207.09→193.29yen
-6.7%

The 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.

Reason for the revision

In the domestic steel business, earnings are expected to fall below the initial plan because the sales-price spread is expected to be lower than anticipated and costs such as energy expenses are expected to increase due to the impact of the situation in the Middle East. The overseas steel business is generally expected to perform in line with the plan, but is not expected to offset the decline in the domestic steel business.

Details and amount of extraordinary loss

Loss on disposal and sale of fixed assets: ¥22 million; other: ¥2 million; total extraordinary losses: ¥25 million. There was no impairment loss on significant fixed assets.

Previous-period resultsSecond-quarter results Net Sales 154,683 / Operating profit 9,208 / Ordinary income 8,482 / Interim net income attributable to owners of the parent 5,433 / Interim net income per share 125.01 / Full-year results Net Sales 315,106 / Operating profit 16,967 / Ordinary income 16,211 / Profit attributable to owners of the parent 9,864 / Net income per share 226.98
Dividend forecast revisionNo revision
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesCumulative second-quarter results 177,000 / Full year 360,000 → Cumulative second-quarter results 179,000 / Full year 362,000(Cumulative second-quarter results 1.1 / Full year 0.6)
Operating profitCumulative second-quarter results 7,000 / Full year 16,000 → Cumulative second-quarter results 6,500 / Full year 15,500(Cumulative second-quarter results -7.1 / Full year -3.1)
Ordinary incomeCumulative second-quarter results 6,000 / Full year 14,000 → Cumulative second-quarter results 6,000 / Full year 14,000
Profit attributable to owners of the parentCumulative second-quarter results 3,900 / Full year 9,000 → Cumulative second-quarter results 3,300 / Full year 8,400(Cumulative second-quarter results -15.4 / Full year -6.7)
Net income per shareCumulative second-quarter results 89.74 / Full year 207.09 → Cumulative second-quarter results 75.93 / Full year 193.29
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSix months and full year
Publication date of previous forecast30 April 2026
Previous-period resultsSecond-quarter results Net Sales 154,683 / Operating profit 9,208 / Ordinary income 8,482 / Interim net income attributable to owners of the parent 5,433 / Interim net income per share 125.01 / Full-year results Net Sales 315,106 / Operating profit 16,967 / Ordinary income 16,211 / Profit attributable to owners of the parent 9,864 / Net income per share 226.98
Reason for the revisionIn the domestic steel business, earnings are expected to fall below the initial plan because the sales-price spread is expected to be lower than anticipated and costs such as energy expenses are expected to increase due to the impact of the situation in the Middle East. The overseas steel business is generally expected to perform in line with the plan, but is not expected to offset the decline in the domestic steel business.
Details and amount of extraordinary lossLoss on disposal and sale of fixed assets: ¥22 million; other: ¥2 million; total extraordinary losses: ¥25 million. There was no impairment loss on significant fixed assets.
Dividend forecast revisionNo revision
Consolidated / non-consolidatedConsolidated

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

In the domestic steel business, earnings are expected to fall below the initial plan because the sales-price spread is expected to be lower than anticipated, while costs such as energy expenses are expected to increase due to the impact of the situation in the Middle East. The overseas steel business is generally expected to perform in line with the plan, but is not expected to offset the decline in the domestic business.

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.
Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] | KYOEI STEEL LTD. (5440) timely disclosure | Komori