Earnings improvement due to lower steel scrap prices and other factors
First written in FY2016. 8 of 40 entries say "Worsened", first in FY2017-Q2. Latest entry: 2026-11-06.
Hokuetsu Metal moved to the "Worse" side of this theme in 2026.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「As a result, revenue for the consolidated group was ¥23,598 million, down 17.9% from the previous consolidated fiscal year, operating loss was ¥309 million, compared with operating profit of ¥668 million in the previous fiscal year, ordinary loss was ¥201 million, compared with ordinary profit of ¥796 million, and net loss attributable to owners of the parent was ¥339 million, compared with net income of ¥572 million.」
For the full fiscal year, sluggish demand, lower sales volume, soaring steel scrap prices and higher fixed-cost burdens resulted in operating loss of ¥309 million, ordinary loss of ¥201 million and net loss of ¥339 million. - FY2026-H1Sharp decline in interim profitAnnual report
「However, steel demand was weaker than expected, resulting in a sharp decline in sales volume. Revenue for the six-month consolidated period was ¥12,397 million, down 20.4% year on year, operating profit was ¥0 million, down 99.8%, ordinary profit was ¥59 million, down 82.9%, and interim net income attributable to owners of the parent was ¥13 million, down 93.1%.」
Revenue, operating profit, ordinary profit and interim net income were all lower than in the same period of the previous year due to sluggish steel demand and a sharp decline in sales volume. Operating profit was ¥0 million. - FY2025Full-year increase in profitAnnual report
「Revenue was ¥28,729 million, down 9.7% from the previous consolidated fiscal year, operating profit was ¥668 million, up 26.4%, ordinary profit was ¥796 million, up 21.3%, and net income attributable to owners of the parent was ¥572 million, up 22.3%.」
Although sales volume and revenue declined, operating profit, ordinary profit and net income attributable to owners of the parent all exceeded the previous fiscal year. - FY2024Full-year declineAnnual report
「As a result, revenue for the consolidated group was ¥31,823 million, up 2.5% from the previous consolidated fiscal year, operating profit was ¥528 million, down 49.2%, ordinary profit was ¥656 million, down 42.0%, and net income attributable to owners of the parent was ¥467 million, down 53.8%.」
Although revenue increased, operating profit, ordinary profit and net income attributable to owners of the parent all decreased. - FY2024-Q3Profit decreaseAnnual report
「As a result, revenue for the nine months ended 31 December was ¥24,086 million, up 2.7% year on year, ordinary profit was ¥616 million, down 31.3%, and net income attributable to owners of the parent was ¥411 million, down 38.6%.」
Revenue rose 2.7% year on year to ¥24,086 million, while ordinary profit of ¥616 million and net income attributable to owners of the parent of ¥411 million represented declines of 31.3% and 38.6%, respectively. - FY2024-Q2Profit decreaseAnnual report
「As a result, revenue for the six months ended 30 September was ¥15,424 million, up 0.5% year on year, ordinary profit was ¥336 million, down 37.9%, and net income attributable to owners of the parent was ¥217 million, down 50.5%.」
Revenue rose 0.5% year on year, while ordinary profit was ¥336 million and net income attributable to owners of the parent was ¥217 million, both lower than in the same quarter of the previous year. - FY2024-Q1Quarterly return to profitabilityAnnual report
「As a result, revenue for the three months ended 30 June was ¥7,845 million, up 1.1% year on year, ordinary profit was ¥148 million, compared with ordinary loss of ¥83 million in the same quarter of the previous year, and net income attributable to owners of the parent was ¥104 million, compared with net loss attributable to owners of the parent of ¥75 million in the same quarter of the previous year.」
Ordinary profit changed from ordinary loss of ¥83 million in the same quarter of the previous year to ordinary profit of ¥148 million, while net income attributable to owners of the parent changed from net loss of ¥75 million to net income of ¥104 million. - FY2023Return to Full-Year ProfitabilityAnnual report
「As a result, revenue for the consolidated group was ¥31,041 million, up 13.5% from the previous consolidated fiscal year, ordinary profit was ¥1,132 million, compared with ordinary loss of ¥697 million in the previous consolidated fiscal year, and net income attributable to owners of the parent was ¥1,011 million, compared with net loss attributable to owners of the parent of ¥967 million in the previous consolidated fiscal year.」
For the full fiscal year, ordinary loss of ¥697 million and net loss attributable to owners of the parent of ¥967 million in the previous fiscal year changed to ordinary profit of ¥1,132 million and net income of ¥1,011 million. - FY2023-Q3Continued profitabilityAnnual report
「As a result, revenue for the nine months ended 31 December was ¥23,444 million, up 9.5% year on year, ordinary profit was ¥897 million, compared with ordinary loss of ¥242 million in the same quarter of the previous year, and net income attributable to owners of the parent was ¥669 million, compared with net loss attributable to owners of the parent of ¥194 million in the same quarter of the previous year.」
Ordinary profit changed from ordinary loss of ¥242 million in the same quarter of the previous year to ordinary profit of ¥897 million, while net income attributable to owners of the parent changed from net loss of ¥194 million to net income of ¥669 million. - FY2023-Q2Return to profitabilityAnnual report
「As a result, revenue for the six months ended 30 September was ¥15,345 million, up 10.2% year on year, ordinary profit was ¥541 million, compared with ordinary loss of ¥108 million in the same quarter of the previous year, and net income attributable to owners of the parent was ¥438 million, compared with net loss attributable to owners of the parent of ¥95 million in the same quarter of the previous year.」
Revenue rose 10.2% year on year to ¥15,345 million. Ordinary profit changed from a loss of ¥108 million in the same period of the previous year to a profit of ¥541 million, while net income attributable to owners of the parent changed from a loss of ¥95 million to a profit of ¥438 million. - FY2023-Q1Higher revenue, narrower ordinary and net lossesAnnual report
「Revenue for the three months ended 30 June was ¥7,758 million, up 14.4% year on year, ordinary loss was ¥83 million, compared with ordinary loss of ¥237 million in the same quarter of the previous year, and net loss attributable to owners of the parent was ¥75 million, compared with net loss attributable to owners of the parent of ¥219 million in the same quarter of the previous year.」
Revenue rose 14.4% year on year. Ordinary loss narrowed from ¥237 million to ¥83 million, while net loss attributable to owners of the parent narrowed from ¥219 million to ¥75 million. - FY2022Higher revenue, ordinary loss and net lossAnnual report
「However, increases in selling prices failed to keep pace with the sharp rise in manufacturing costs. Revenue for the consolidated group was ¥27,356 million, ordinary loss was ¥697 million, compared with ordinary profit of ¥599 million in the previous fiscal year, and net loss attributable to owners of the parent was ¥967 million, compared with net income attributable to owners of the parent of ¥729 million in the previous fiscal year.」
Revenue was ¥27,356 million, while ordinary profit and net income changed from profits to losses as price increases failed to keep pace with higher manufacturing costs. - FY2022-Q3Higher revenue, ordinary loss and net lossAnnual report
「As a result, revenue for the nine months ended 31 December was ¥21,417 million, up 31.8% year on year, ordinary loss was ¥242 million, compared with ordinary profit of ¥760 million in the same quarter of the previous year, and net loss attributable to owners of the parent was ¥194 million, compared with net income attributable to owners of the parent of ¥814 million in the same quarter of the previous year.」
Revenue rose 31.8% year on year, while ordinary profit changed from a profit of ¥760 million to an ordinary loss of ¥242 million, and net income attributable to owners of the parent changed from a profit of ¥814 million to a net loss of ¥194 million. - FY2022-Q2Higher revenue, ordinary loss and net lossAnnual report
「However, the company was unable to absorb the substantial increase in costs. Revenue for the six months ended 30 September was ¥13,923 million, up 30.2% year on year, ordinary loss was ¥108 million, compared with ordinary profit of ¥692 million in the same quarter of the previous year, and net loss attributable to owners of the parent was ¥95 million, compared with net income attributable to owners of the parent of ¥771 million in the same quarter of the previous year.」
Revenue rose 30.2% year on year, while ordinary profit changed from a profit of ¥692 million to a loss of ¥108 million, and net income attributable to owners of the parent changed from a profit of ¥771 million to a loss of ¥95 million. - FY2022-Q1Higher revenue, ordinary loss and net lossAnnual report
「As a result, revenue for the three months ended 30 June was ¥6,780 million, up 20.2% year on year, ordinary loss was ¥237 million, compared with ordinary profit of ¥407 million in the same quarter of the previous year, and net loss attributable to owners of the parent was ¥219 million, compared with net income attributable to owners of the parent of ¥578 million in the same quarter of the previous year.」
Revenue rose 20.2% year on year, while ordinary profit changed from a profit of ¥407 million to a loss of ¥237 million, and net income attributable to owners of the parent changed from a profit of ¥578 million to a loss of ¥219 million. - FY2021Lower revenue, ordinary profit and net incomeAnnual report
「As a result, revenue for the consolidated group was ¥21,815 million, down 3.3% from the previous fiscal year, ordinary profit was ¥599 million, down 59.2%, and net income attributable to owners of the parent was ¥729 million, down 24.2%.」
Revenue, ordinary profit and net income attributable to owners of the parent were all lower than in the previous fiscal year. - FY2021-Q3Lower revenue and ordinary profit, higher net income due to a gain on negative goodwillAnnual report
「Revenue for the nine months ended 31 December was ¥16,252 million, down 4.7% year on year, and ordinary profit was ¥760 million, down 25.6%. Net income attributable to owners of the parent was ¥814 million, up 29.3% year on year, as a gain on negative goodwill arising from the acquisition of the shares of Cortex Co., Ltd. and its conversion into a subsidiary on 1 April 2020 was recorded as an extraordinary gain.」
Revenue and ordinary profit were lower than in the same period of the previous year, while net income attributable to owners of the parent was ¥814 million, up 29.3% year on year, due to the recognition of a gain on negative goodwill arising from the conversion of Cortex into a subsidiary. - FY2021-Q2Lower revenue, higher ordinary profit and higher net income due to a gain on negative goodwillAnnual report
「Revenue for the six months ended 30 September was ¥10,694 million, down 5.5% year on year, and ordinary profit was ¥692 million, up 65.5%. Net income attributable to owners of the parent was ¥771 million, up 174.0% year on year, as a gain on negative goodwill arising from the acquisition of the shares of Cortex Co., Ltd. and its conversion into a subsidiary on 1 April 2020 was recorded as an extraordinary gain.」
Revenue fell 5.5% year on year, while ordinary profit was ¥692 million and net income attributable to owners of the parent was ¥771 million. The increase in net income was attributable to the recognition of a gain on negative goodwill arising from the conversion of Cortex into a subsidiary. - FY2021-Q1Slightly lower revenue, higher ordinary profit and higher net income due to a gain on negative goodwillAnnual report
「Revenue for the three months ended 30 June was ¥5,640 million, down 1.2% year on year, and ordinary profit was ¥407 million, up 250.2%. Net income attributable to owners of the parent was ¥578 million, up 565.1% year on year, as a gain on negative goodwill arising from the acquisition of the shares of Cortex Co., Ltd. and its conversion into a subsidiary on 1 April 2020 was recorded as an extraordinary gain.」
Revenue fell 1.2% year on year, while ordinary profit increased to ¥407 million. Net income attributable to owners of the parent was ¥578 million due to the recognition of a gain on negative goodwill arising from the conversion of Cortex into a subsidiary. - FY2020Lower revenue, sharply higher ordinary profit and net incomeAnnual report
「As a result, revenue for the consolidated group was ¥22,562 million, down 7.3% year on year, ordinary profit was ¥1,470 million, up 440.2%, and net income attributable to owners of the parent was ¥962 million, up 586.4%.」
Revenue fell 7.3% year on year, while ordinary profit was ¥1,470 million and net income attributable to owners of the parent was ¥962 million, both increasing substantially. - FY2020-Q3Lower revenue, sharply higher ordinary profit and net incomeAnnual report
「As a result, revenue for the nine months ended 31 December was ¥17,052 million, down 7.7% year on year, ordinary profit was ¥1,021 million, up 524.9%, and net income attributable to owners of the parent was ¥629 million, up 644.7%.」
Revenue fell 7.7% year on year due to lower sales volume, while ordinary profit rose 524.9% and net income attributable to owners of the parent rose 644.7%. - FY2020-Q2Lower revenue, higher ordinary profit and net incomeAnnual report
「As a result, revenue for the nine months ended 31 December was ¥11,322 million, down 5.5% year on year, ordinary profit was ¥418 million, up 127.3%, and net income attributable to owners of the parent was ¥281 million, up 172.1%.」
Revenue fell 5.5% year on year, while ordinary profit was ¥418 million and net income attributable to owners of the parent was ¥281 million, both higher than in the same quarter of the previous year. - FY2020-Q1Lower sales and ordinary profit, higher net incomeAnnual report
「Against this backdrop, our Group worked to secure sales volumes, maintain selling prices and further reduce costs. However, as the decline in product sales volumes was substantial, net sales for the first quarter of the fiscal year amounted to ¥5,711 million, down 7.2% year on year, ordinary profit was ¥116 million, down 8.6%, and profit attributable to owners of the parent was ¥87 million, up 23.5%.」
Net sales fell 7.2% year on year and ordinary profit fell 8.6%, while net income attributable to owners of the parent increased 23.5%. - FY2019Full-year recovery in sales and ordinary profit, lower net incomeAnnual report
「As a result, net sales for the consolidated group were ¥24,336 million, up 9.6% year on year, due to improved product selling prices. In terms of earnings, despite increases in steel scrap and other material prices, improved product selling prices lifted ordinary profit to ¥272 million, up 1,243.0% year on year. Net income attributable to owners of the parent was ¥140 million, down 66.4%, because the compensation received recorded as extraordinary income in the previous fiscal year was no longer present.」
Improved product selling prices lifted net sales and ordinary profit above the previous year's levels, while net income attributable to owners of the parent fell below the previous year's level because the compensation received in the previous fiscal year was no longer present. - FY2019-Q3Higher sales and ordinary profit, lower net income as extraordinary income disappearedAnnual report
「Against this backdrop, efforts to improve product selling prices resulted in net sales of ¥18,477 million for the first nine months of the fiscal year, up 12.7% year on year, and ordinary profit of ¥163 million, up 76.5%. Net income attributable to owners of the parent was ¥84 million, down 81.7% year on year, because the compensation received recorded as extraordinary income in the first nine months of the previous fiscal year was no longer present.」
Net sales and ordinary profit exceeded the same period of the previous year, while net income attributable to owners of the parent fell 81.7% year on year because the compensation received recorded in the first nine months of the previous fiscal year was no longer present. - FY2019-Q2Higher sales and ordinary profit, lower net income as extraordinary income disappearedAnnual report
「Against this backdrop, as a result of efforts to improve selling prices, net sales for the first six months of the fiscal year amounted to ¥11,978 million, up 13.1% year on year, ordinary profit was ¥184 million, up 63.8%, and profit attributable to owners of the parent was ¥103 million, down 78.5% year on year, due to the absence of compensation received for damages recorded as extraordinary income in the first six months of the previous fiscal year.」
Net sales and ordinary profit exceeded the same period of the previous year, while net income attributable to owners of the parent fell 78.5% year on year because the compensation received recorded in the first six months of the previous fiscal year was no longer present. - FY2019-Q1Higher sales and ordinary profit, lower net income as extraordinary income disappearedAnnual report
「Against this backdrop, the Group was in the process of improving prices in line with costs. Net sales for the first quarter of the fiscal year were ¥6,151 million, up 13.4% year on year, ordinary profit was ¥127 million, up 62.7%, and net income attributable to owners of the parent was ¥70 million, down 80.6%, as the compensation received recorded as extraordinary income in the first quarter of the previous fiscal year was no longer present.」
Net sales and ordinary profit exceeded the same quarter of the previous year, while net income attributable to owners of the parent fell 80.6% year on year because the compensation received recorded in the previous first quarter was no longer present. - FY2018Higher sales, significantly lower ordinary profit and higher net income due to compensation receivedAnnual report
「As a result, net sales for the consolidated group were ¥22,197 million, up 23.1% year on year, due to improved product selling prices and increased sales volume. In terms of earnings, higher steel scrap and other material prices had a significant impact. Ordinary profit was ¥20 million, down 96.0%, while net income attributable to owners of the parent was ¥416 million, up 37.8%, due to ¥623 million in compensation received in connection with purchase transactions recorded as extraordinary income.」
Net sales increased, while ordinary profit declined substantially to ¥20 million due to higher steel scrap and other material prices. Net income attributable to owners of the parent was ¥416 million due to the recording of ¥623 million in compensation received. - FY2018-Q3Higher sales, lower ordinary profit and higher net income due to compensation receivedAnnual report
「As a result, net sales for the first nine months of the fiscal year were ¥16,393 million, up 23.9% year on year, while ordinary profit was ¥92 million, down 78.4%. However, the Company recorded ¥623 million in compensation received in connection with purchase transactions as extraordinary income, resulting in net income attributable to owners of the parent of ¥463 million, up 95.1% year on year.」
Net sales increased, while ordinary profit declined significantly year on year. Net income attributable to owners of the parent exceeded the same period of the previous year due to the recording of ¥623 million in compensation received. - FY2018-Q2Higher sales, lower ordinary profit and higher net income due to extraordinary incomeAnnual report
「As a result, net sales for the first six months of the fiscal year were ¥10,595 million, up 20.5% year on year, while ordinary profit was ¥112 million, down 55.7%. However, the Company recorded ¥623 million in compensation received in connection with purchase transactions as extraordinary income, resulting in net income attributable to owners of the parent of ¥482 million, up 304.2% year on year.」
Net sales increased, while ordinary profit declined year on year. Net income attributable to owners of the parent substantially exceeded the same period of the previous year because ¥623 million in compensation received was recorded as extraordinary income. - FY2018-Q1Financial RecoveryAnnual report
「As a result, net sales for the first quarter of the fiscal year were ¥5,422 million, up 18.5% year on year, ordinary profit was ¥78 million, up 40.8%, and net income attributable to owners of the parent was ¥363 million, compared with a net loss attributable to owners of the parent of ¥0.1 million in the same quarter of the previous year.」
Net sales and ordinary profit increased year on year, while net income attributable to owners of the parent recovered from a loss to ¥363 million. However, this included extraordinary income such as ¥473.098 million in compensation received. - FY2017WorsenedAnnual report
「As a result, net sales for the consolidated group were ¥18,031 million, down 7.5% year on year, due to lower product selling prices. In terms of earnings, although energy costs such as electricity declined, the impact of lower product selling prices was significant. Ordinary profit was ¥500 million, down 53.0%, and net income attributable to owners of the parent was ¥302 million, down 54.3%, resulting in performance below that of the same period of the previous year.」
Net sales, ordinary profit and net income attributable to owners of the parent were below the same period of the previous year due to lower product selling prices and higher steel scrap prices, among other factors, and the earnings improvement situation deteriorated. - FY2017-Q3WorsenedAnnual report
「In the Group's related industries, steel scrap prices, the primary raw material, fluctuated sharply. Although the Group worked to improve product selling prices, sluggish demand for steel products prevented price improvements from progressing, resulting in a challenging environment. Consequently, net sales for the first nine months of the fiscal year were ¥13,232 million, down 14.8% year on year, ordinary profit was ¥428 million, down 56.1%, and net income attributable to owners of the parent was ¥237 million, down 60.7%.」
Sharp fluctuations in steel scrap prices, sluggish demand for steel products and stalled improvement in product selling prices continued, with cumulative net sales, ordinary profit and net income attributable to owners of the parent all below the same period of the previous year. The rates of decline in ordinary profit and net income widened from the previous quarter's cumulative results. - FY2017-Q2WorsenedAnnual report
「In the Group's related industries, steel scrap prices, the primary raw material, fluctuated sharply. Although the Group worked to improve product selling prices, sluggish demand for steel products prevented price improvements from progressing, resulting in a challenging environment. Consequently, net sales for the first six months of the fiscal year were ¥8,790 million, down 17.5% year on year, ordinary profit was ¥253 million, down 49.2%, and net income attributable to owners of the parent was ¥119 million, down 58.6%.」
Net sales, ordinary profit and net income attributable to owners of the parent were below the same period of the previous year due to sharp fluctuations in steel scrap prices, sluggish demand for steel products and stalled improvement in product selling prices. - FY2017-Q1Deteriorating PerformanceAnnual report
「As a result, net sales for the first quarter of the fiscal year were ¥4,574 million, down 14.4% year on year, ordinary profit was ¥55 million, down 46.1%, and the net loss attributable to owners of the parent was ¥0.1 million, compared with net income attributable to owners of the parent of ¥31 million in the same quarter of the previous year.」
Whereas earnings improved during the previous full fiscal year due to lower steel scrap prices and other factors, net sales and ordinary profit were below the same quarter of the previous year, and the Company recorded a quarterly net loss attributable to owners of the parent. - FY2016First statedAnnual report
「In terms of earnings, ordinary profit was ¥1,066 million, up 104.1% year on year, and net income attributable to owners of the parent was ¥661 million, up 121.8% year on year, driven in part by lower steel scrap prices. Performance exceeded that of the same period of the previous year.」
Net sales were ¥19,492 million, down 8.3% year on year, while ordinary profit and net income attributable to owners of the parent exceeded the same period of the previous year.