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Results5446HOKUETSU METAL Co.,Ltd.Iron and Nonferrous Metals

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

In the interim period of the fiscal year ending March 2027, revenue decreased 4.8% year on year, while operating profit/loss shifted from nearly breakeven to an operating loss of ¥473 million. The full-year earnings forecast remains unchanged, but the year-end dividend forecast remains undecided.

Worth reading
53Recurring
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-473
¥ million (operating loss)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales11,805¥ millionYear on year -4.8%Progress 47.2%
Operating profit-473¥ million
Ordinary income-415¥ million
Net income attributable to owners of the parent-424¥ million

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share-¥111.66
Financial position at period-end
Total assets26,573¥ million
of which net assets 17,819 ¥ millionEquity ratio 67.1%vs. prior year-end -2.2pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥25,000 million (YoY +5.9%)
Operating profit¥-900 million
Ordinary income¥-800 million
Net income¥-800 million
Annual Dividend Forecast4 Yen → Undecided
Factors Behind Changes in Business Performance

Demand for steel products for condominiums and small- and medium-sized housing projects remained weak because of delays to construction schedules and revisions to construction plans, and the company was unable to fully pass higher iron scrap prices on to product selling prices.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNo (no companies newly consolidated or excluded)
Impairment loss¥2,965 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥2,029 thousand / Extraordinary loss Loss on sale of property, plant and equipment ¥33 thousand, Impairment loss ¥2,965 thousand, Loss on disposal of fixed assets ¥5,284 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingYes (for analysts)
Issued Shares at Period-End3,994,000
Treasury Shares at Period-End334,044
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥11,805 million (YoY -4.8%)
Operating profit¥-473 million
Ordinary income¥-415 million
Profit attributable to owners of the parent¥-424 million
Net income per share-¥111.66
Equity ratioEnd of the current fiscal period 67.1 / End of previous period 69.3
Total assets¥26,573 million
Net assets¥17,819 million
Full-year earnings forecastNet Sales ¥25,000 million (YoY +5.9%) / Operating profit ¥-900 million / Ordinary income ¥-800 million / Net income ¥-800 million
Annual Dividend Forecast4 Yen → Undecided
Impairment loss¥2,965 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥2,029 thousand / Extraordinary loss Loss on sale of property, plant and equipment ¥33 thousand, Impairment loss ¥2,965 thousand, Loss on disposal of fixed assets ¥5,284 thousand
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNo (no companies newly consolidated or excluded)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingYes (for analysts)
Issued Shares at Period-End3,994,000
Treasury Shares at Period-End334,044
Factors Behind Changes in Business PerformanceDemand for steel products for condominiums and small- and medium-sized housing projects remained weak because of delays to construction schedules and revisions to construction plans, and the company was unable to fully pass higher iron scrap prices on to product selling prices.
Items this document does not state (14)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogDepreciation and amortizationMaterial subsequent events

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.

Demand for steel products for housing was weak because of delays to construction schedules and revisions to construction plans, and the company was unable to fully pass higher iron scrap prices on to product selling prices.

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 Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | HOKUETSU METAL Co.,Ltd. (5446) timely disclosure | Komori