Worth reading
55In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-213
Hundreds of millions of yenWording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFiscal year ending March 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales951 Hundreds of millions of yen
Operating profit-3 Hundreds of millions of yen
Ordinary income0.3 Hundreds of millions of yen
Net income-209 Hundreds of millions of yen
Full-year earnings forecast
Net Sales
950 Hundreds of millions of yen
Ordinary income
25 Hundreds of millions of yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Production and shipment volume variance-16 Hundreds of millions of yen
- Scrap price variance35 Hundreds of millions of yen
- Energy and market-priced commodity variance1 Hundreds of millions of yen
- Sales price differential-73 Hundreds of millions of yen
- Labor and material price variance-4 Hundreds of millions of yen
- Cost improvement1 Hundreds of millions of yen
- Foreign Exchange Gains9 Hundreds of millions of yen
- Other-2 Hundreds of millions of yen
New initiatives
- Policy to suspend and dissolve the KOS business
- Commencement of operations at the Sakai Plant's energy- and CO2-saving electric furnace
- Installation of captive solar power generation equipment at the West Japan Kumamoto Plant
- Formulation of the Osaka Steel Group Human Rights Policy
Key KPIsA metric the company considers important as a management benchmark.
- Equity ratio72.4 %Year on year against the same period last yearDown from 76.7%
- Return on equity-15.7 %Year on year against the same period last yearDeteriorated from 2.1%
- Net assets per share¥3,722Year on year against the same period last yearDown from ¥4,008
- Return on assets based on ordinary income0 %Year on year against the same period last yearDown from 2.4%
- Capital expenditures (construction)113 Hundreds of millions of yenYear on year against the same period last yearUp from ¥8.2 billion
- Employees on staff1,074 PeopleYear on year against the same period last yearUp from 1,065 people
Medium-term management plan targets
Target fiscal yearFY2027
Net Sales
1,250 Hundreds of millions of yen
Ordinary income
95 Hundreds of millions of yen
ROE
5 Approximately %
Financial targets
ROE
Target value5 Approximately %
Equity ratio
Actual value72.4 %
Number of employees
Number of Employees1,074 People
Change during the periodUp from 1,065 people in the previous year
Capital expenditures
113 Hundreds of millions of yen
Annual Dividend
Annual DividendNo Dividend
Interim DividendNo Dividend
Year-end dividendNo Dividend
Payout ratio
30 Approximately %
Acquisition of treasury shares
22,050
Number of Shares9,000,000
Amount unit¥ million
Acquisition periodApril 2025
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | 951 Hundreds of millions of yen |
| Operating profit | -3 Hundreds of millions of yen |
| Ordinary income | 0.3 Hundreds of millions of yen |
| Net income | -209 Hundreds of millions of yen |
| Full-year earnings forecast | Net Sales 950 Hundreds of millions of yen / Ordinary income 25 Hundreds of millions of yen |
| Breakdown of Factors Affecting the Change | Factors Production and shipment volume variance / Amount -16 Hundreds of millions of yen, Factors Scrap price variance / Amount 35 Hundreds of millions of yen, Factors Energy and market-priced commodity variance / Amount 1 Hundreds of millions of yen, Factors Sales price differential / Amount -73 Hundreds of millions of yen, Factors Labor and material price variance / Amount -4 Hundreds of millions of yen, Factors Cost improvement / Amount 1 Hundreds of millions of yen, Factors Foreign Exchange Gains / Amount 9 Hundreds of millions of yen, Factors Other / Amount -2 Hundreds of millions of yen |
| Key KPIs | Indicator name Equity ratio / Value 72.4 % / Year on year against the same period last year Down from 76.7%, Indicator name Return on equity / Value -15.7 % / Year on year against the same period last year Deteriorated from 2.1%, Indicator name Net assets per share / Value ¥3,722 / Year on year against the same period last year Down from ¥4,008, Indicator name Return on assets based on ordinary income / Value 0 % / Year on year against the same period last year Down from 2.4%, Indicator name Capital expenditures (construction) / Value 113 Hundreds of millions of yen / Year on year against the same period last year Up from ¥8.2 billion, Indicator name Employees on staff / Value 1,074 People / Year on year against the same period last year Up from 1,065 people |
| Number of employees | Number of Employees 1,074 People / Change during the period Up from 1,065 people in the previous year |
| Medium-term management plan targets | Target fiscal year FY2027 / Net Sales 1,250 Hundreds of millions of yen / Ordinary income 95 Hundreds of millions of yen / ROE 5 Approximately % |
| Financial targets | ROE Target value 5 Approximately % / Equity ratio Actual value 72.4 % |
| Annual Dividend | Annual Dividend No Dividend / Interim Dividend No Dividend / Year-end dividend No Dividend |
| Payout ratio | 30 Approximately % |
| Acquisition of treasury shares | Number of Shares 9,000,000 / Amount 22,050 / Amount unit ¥ million / Acquisition period April 2025 |
| Capital expenditures | 113 Hundreds of millions of yen |
| New initiatives | Policy to suspend and dissolve the KOS business, Commencement of operations at the Sakai Plant's energy- and CO2-saving electric furnace, Installation of captive solar power generation equipment at the West Japan Kumamoto Plant, Formulation of the Osaka Steel Group Human Rights Policy |
Items this document does not state (14)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planSegment resultsUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookOrders received and order backlogMarket Size / ShareKey points of the Q&A
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 stated reasons were sluggish demand for construction steel, higher scrap prices, electricity costs and logistics costs, and lower profit due to sales price variances, in addition to the recognition of a ¥20.0 billion business withdrawal loss following declines in sales volume and margins in the KOS 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.
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