Recognition of Extraordinary Losses and Non-operating Expenses (Foreign Exchange Losses)
The company (OSAKA STEEL CO.,LTD.) and its subsidiary, 西鋼物流株式会社. Overseas subsidiaries are also covered with respect to foreign exchange losses.
The company's West Japan Kumamoto Plant in Uto, Kumamoto Prefecture, and 西鋼物流株式会社. With respect to foreign exchange losses, the relevant assets are the company's foreign-currency-denominated assets and the foreign-currency-denominated assets and liabilities of its overseas subsidiaries.
Damage caused by the 2026 Kumamoto Earthquake, which occurred in July 2026, and fluctuations in foreign exchange rates
Extraordinary losses: approximately ¥2.0 billion (losses due to the disaster, expected to be recognized); non-operating expenses (foreign exchange losses): approximately ¥1.7 billion (expected to be recognized)
Second-quarter consolidated accounting period of the fiscal year ending March 2027 (1 July 2026 to 30 September 2026)
The amounts will be reflected in the “Second Quarter (Interim Period) Earnings Summary for the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated),” scheduled for publication on 4 November 2026. Impact on the revision of earnings forecasts: Not disclosed
If additional losses due to the disaster are expected, the company plans to recognize them additionally. The above impact will be reflected in the earnings summary scheduled for publication on 4 November 2026.
The amounts will be reflected in the earnings summary scheduled for publication on 4 November 2026.
| Item | Details |
|---|---|
| Event name | Recognition of Extraordinary Losses and Non-operating Expenses (Foreign Exchange Losses) |
| Date of occurrence | July 2026 (specific date: Not disclosed) |
| Subject Entity | The company (OSAKA STEEL CO.,LTD.) and its subsidiary, 西鋼物流株式会社. Overseas subsidiaries are also covered with respect to foreign exchange losses. |
| Target Locations / Products | The company's West Japan Kumamoto Plant in Uto, Kumamoto Prefecture, and 西鋼物流株式会社. With respect to foreign exchange losses, the relevant assets are the company's foreign-currency-denominated assets and the foreign-currency-denominated assets and liabilities of its overseas subsidiaries. |
| Cause | Damage caused by the 2026 Kumamoto Earthquake, which occurred in July 2026, and fluctuations in foreign exchange rates |
| Amount of Impact on Business Performance | Extraordinary losses: approximately ¥2.0 billion (losses due to the disaster, expected to be recognized); non-operating expenses (foreign exchange losses): approximately ¥1.7 billion (expected to be recognized) |
| Accounting period in which recognized | Second-quarter consolidated accounting period of the fiscal year ending March 2027 (1 July 2026 to 30 September 2026) |
| Impact on Earnings Forecast | The amounts will be reflected in the “Second Quarter (Interim Period) Earnings Summary for the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated),” scheduled for publication on 4 November 2026. Impact on the revision of earnings forecasts: Not disclosed |
| Outlook | If additional losses due to the disaster are expected, the company plans to recognize them additionally. The above impact will be reflected in the earnings summary scheduled for publication on 4 November 2026. |
| Planned follow-up disclosure | The amounts will be reflected in the earnings summary scheduled for publication on 4 November 2026. |
Items this document does not state (15)
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 extraordinary losses resulted from damage caused by the 2026 Kumamoto Earthquake, which occurred in July 2026, while the foreign exchange losses resulted from fluctuations in foreign exchange rates.