Revised forecast
Fiscal year ending March 2027 · Full yearThe bar length represents the relative magnitude of change, based on the item that changed the most in this document.
For the fiscal year ended March 2026, revenue and profit declined, mainly due to lower shipment volumes of reinforcing bars and related products. For the fiscal year ending March 2027, the company expects higher costs due to weak demand for bar steel and rising steel scrap prices, while advancing labor-saving solutions, expanding sales of high-value-added products, reducing production and logistics costs, and pursuing its DX strategy.
Loss on sale of property, plant and equipment: ¥2 million; loss on disposal of property, plant and equipment: ¥166 million; loss on reduction of property, plant and equipment: ¥85 million; impairment loss: ¥228 million; other extraordinary losses: ¥0 million; total extraordinary losses: ¥483 million
| Item | Details |
|---|---|
| Net Sales | Not disclosed → ¥76,000 million |
| Operating profit | Not disclosed → ¥10,000 million |
| Ordinary income | Not disclosed → ¥10,000 million |
| Profit attributable to owners of the parent | Not disclosed → ¥7,100 million |
| Net income per share | Not disclosed → 277.46 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Previous-period results | Revenue: ¥72,540 million; operating profit: ¥12,042 million; ordinary profit: ¥12,040 million; net income attributable to owners of the parent: ¥8,075 million; earnings per share: ¥315.59 |
| Reason for the revision | For the fiscal year ended March 2026, revenue and profit declined, mainly due to lower shipment volumes of reinforcing bars and related products. For the fiscal year ending March 2027, the company expects higher costs due to weak demand for bar steel and rising steel scrap prices, while advancing labor-saving solutions, expanding sales of high-value-added products, reducing production and logistics costs, and pursuing its DX strategy. |
| Details and amount of extraordinary loss | Loss on sale of property, plant and equipment: ¥2 million; loss on disposal of property, plant and equipment: ¥166 million; loss on reduction of property, plant and equipment: ¥85 million; impairment loss: ¥228 million; other extraordinary losses: ¥0 million; total extraordinary losses: ¥483 million |
| Dividend forecast revision | No revision. The annual dividend forecast for the fiscal year ending March 2027 is ¥100 on a post-stock-split basis, comprising an interim dividend of ¥40 and a year-end dividend of ¥60. |
| 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.The main factor for the fiscal year ended March 2026 was lower shipment volumes of reinforcing bars and related products. The company also cited a sharp rise in steel scrap prices, as well as construction delays and project reviews resulting from labor shortages and higher prices for various materials, as factors contributing to the challenging environment. For the fiscal year ending March 2027, the company plans to advance labor-saving solutions, expand sales of high-value-added products, reduce production and logistics costs, and pursue its DX strategy, based on weak demand for bar steel and continued high costs.