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Revision of earnings forecasts5446HOKUETSU METAL Co.,Ltd.Iron & Steel, Nonferrous Metals

Notice Regarding Differences Between the Forecast and Actual Results for the Fiscal Year Ending March 2026

Compared with the forecast announced on 5 February 2026, full-year actual results for the fiscal year ending March 2026 showed revenue exceeding the forecast by ¥98 million, while the losses in operating profit, ordinary profit and net income were narrower than forecast.

Worth reading
56In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
148
¥ million
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 5 February 2026
Net Sales23,500→23,598million
+0.4%
Operating profit-450→-309million
+31.3%
Ordinary income-350→-201million
+42.6%
Profit attributable to owners of the parent-400→-339million
+15.3%
Net income per share-103.73→-88.01yen and sen
+15.2%

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

Sales of shear reinforcement bars are expected to remain above forecast levels, profit at 株式会社コーテックス has grown, optimization of product selling prices is expected to progress, and the inventory valuation loss recognized in cost of sales is expected to be lower than forecast.

Previous-period resultsRevenue: ¥28,729 million; operating profit: ¥668 million; ordinary profit: ¥796 million; net income attributable to owners of the parent: ¥572 million; earnings per share: ¥148.61
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥23,500 million → ¥23,598 million(+0.4%)
Operating profit¥-450 million → ¥-309 million
Ordinary income¥-350 million → ¥-201 million
Profit attributable to owners of the parent¥-400 million → ¥-339 million
Net income per share-103.73 yen and sen → -88.01 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast5 February 2026
Previous-period resultsRevenue: ¥28,729 million; operating profit: ¥668 million; ordinary profit: ¥796 million; net income attributable to owners of the parent: ¥572 million; earnings per share: ¥148.61
Reason for the revisionSales of shear reinforcement bars are expected to remain above forecast levels, profit at 株式会社コーテックス has grown, optimization of product selling prices is expected to progress, and the inventory valuation loss recognized in cost of sales is expected to be lower than forecast.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

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.

Although sales volumes of deformed bars declined, revenue was broadly in line with expectations. Profit was higher than forecast due to sales of shear reinforcement bars exceeding expectations, profit growth at the subsidiary 株式会社コーテックス, progress in optimizing product selling prices, and a reduction in the inventory valuation loss recognized.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Differences Between the Forecast and Actual Results for the Fiscal Year Ending March 2026 | HOKUETSU METAL Co.,Ltd. (5446) timely disclosure | Komori