KOS Records a Loss
First written in FY2019. 9 of 16 entries say "Worsened", first in FY2020. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「PT.KRAKATAU OSAKA STEEL 16,537 △2,995 △3,074 △7,181 33,141」
For the fiscal year ended December 2025, KOS had revenue of ¥16.537 billion, an ordinary loss of ¥2.995 billion, a net loss of ¥3.074 billion and negative net assets of ¥7.181 billion, with losses and negative net worth widening. - FY2026-H1WorsenedAnnual report
「In addition, PT.KRAKATAU OSAKA STEEL, a subsidiary of the company (hereinafter, “KOS”), recorded steel product sales volume of 102 thousand tonnes in the interim consolidated accounting period from January to June 2025, compared with 146 thousand tonnes in the same period of the previous year; revenue of ¥8.364 billion, compared with ¥13.267 billion; an ordinary loss of ¥1.955 billion, compared with an ordinary loss of ¥194 million; and an interim net loss of ¥1.993 billion, compared with a net loss of ¥232 million in the same period of the previous year.」
KOS’s shipment volume and revenue decreased year on year, while its ordinary loss and interim net loss widened substantially. The company describes this as further deterioration in its loss-making position and financial base. - FY2025MitigatedAnnual report
「PT.KRAKATAU OSAKA STEEL 25,394 △1,217 △1,302 △3,661 42,607」
KOS had revenue of ¥25.394 billion, an ordinary loss of ¥1.217 billion, a net loss of ¥1.302 billion and negative net assets of ¥3.661 billion. Losses narrowed from the previous fiscal year, but negative net worth and losses continued. - FY2025-H1MitigatedAnnual report
「In the Indonesian business, shipments increased by capturing demand for structural steel for telecommunications towers and expanding high-value-added bars. Earnings improved from the same period of the previous year as cost improvements progressed, but difficult earnings and financial conditions continue.」
The Indonesian business, including KOS, showed year-on-year improvement in shipment volumes, cost reductions and earnings. However, difficult earnings and financial conditions continue. - FY2024WorsenedAnnual report
「PT.KRAKATAU OSAKA STEEL 19,752 △2,249 △2,312 △1,821 41,384」
KOS had revenue of ¥19.752 billion, an ordinary loss of ¥2.249 billion, a net loss of ¥2.312 billion and negative net assets of ¥1.821 billion, with losses and deterioration in its financial base continuing. - FY2022MitigatedAnnual report
「At KOS, part of our growth strategy, we implemented measures including expanding new sales channels and sourcing raw materials more cheaply by broadening external billet suppliers while demand remained sluggish, achieving its first return to ordinary profitability since operations began in 2017.」
KOS moved from ordinary losses through the previous fiscal year to its first ordinary profit since commencing operations, indicating an improvement from its loss-making position. - FY2021MitigatedAnnual report
「PT.KRAKATAU OSAKA STEEL 12,581 △1,305 △1,369 2,237 28,531」
KOS had revenue of ¥12.581 billion, an ordinary loss of ¥1.305 billion and a net loss of ¥1.369 billion. Losses narrowed from an ordinary loss of ¥2.383 billion and a net loss of ¥2.389 billion in the previous fiscal year, but the company remained in the red. - FY2021-Q2WorsenedAnnual report
「However, from late February of that year, the business environment deteriorated as steel demand began to decline again because of the spread of COVID-19. In addition, the financial base deteriorated because of foreign exchange losses resulting from the rapid depreciation of the Indonesian rupiah, leaving the outlook uncertain.」
The company states that KOS’s financial base deteriorated due to a renewed decline in demand and foreign exchange losses, making its outlook uncertain. - FY2020WorsenedAnnual report
「PT.KRAKATAU OSAKA STEEL 15,388 △2,383 △2,389 613 32,346」
KOS had revenue of ¥15.388 billion, an ordinary loss of ¥2.383 billion, a net loss of ¥2.389 billion, net assets of ¥613 million and total assets of ¥32.346 billion. The ordinary loss and net loss widened from ¥2.336 billion and ¥2.343 billion, respectively, in the previous fiscal year, and the company states that improving the earnings base is an urgent priority. - FY2019First statedAnnual report
「PT.KRAKATAU OSAKA STEEL 12,350 △2,336 △2,343 3,211 36,062」
The principal financial information states that KOS had revenue of ¥12.350 billion, an ordinary loss of ¥2.336 billion, a net loss of ¥2.343 billion, net assets of ¥3.211 billion and total assets of ¥36.062 billion.