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Osaka Steel (5449) · InitiativeFirst stated

Suspension of KOS Business, Withdrawal from the Indonesian Business, and Dissolution

First written in FY2026. . Latest entry: FY2026.

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Cessation of KOS Operations, Withdrawal from Indonesia and DissolutionA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2026First statedAnnual report

    「With respect to our Indonesian subsidiary PT.KRAKATAU OSAKA STEEL (KOS), we decided to suspend the KOS business on 23 January 2026 and, at a meeting of the Board of Directors held on 12 May 2026, resolved a policy to dissolve KOS. However, as there are no significant changes to the earnings base or growth strategy of our domestic business, we have not revised our medium-term management plan at this time.」

    The suspension of the KOS business, withdrawal from the Indonesian business and dissolution on the assumption of voluntary liquidation were specified as new execution priorities. Business withdrawal losses of ¥19.990 billion related to KOS were recorded as an extraordinary loss for the fiscal year, and the dissolution resolution is scheduled for December 2026.
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Suspension of KOS Business, Withdrawal from the Indonesian Business, and Dissolution | OSAKA STEEL CO.,LTD. (5449) | Komori