Revised forecast
Fiscal year ending March 2027 · Six months and full yearPrevious forecast published 12 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Although sales volumes for thick steel plate, the company's main product, are expected to remain generally in line with expectations during the six months ended the second quarter, selling prices are expected to fall below expectations because the penetration of price revisions is taking longer than anticipated. Accordingly, net sales and earnings are expected to fall short of the initial forecasts.
| Item | Details |
|---|---|
| Net Sales | Subject Six months ended the second quarter of the fiscal year ending March 2027, consolidated / Value 30,400, Subject Full fiscal year ending March 2027, consolidated / Value 69,600, Subject Six months ended the second quarter of the fiscal year ending March 2027, non-consolidated / Value 28,600, Subject Full fiscal year ending March 2027, non-consolidated / Value 66,200 → Subject Six months ended the second quarter of the fiscal year ending March 2027, consolidated / Value 29,500, Subject Full fiscal year ending March 2027, consolidated / Value 68,700, Subject Six months ended the second quarter of the fiscal year ending March 2027, non-consolidated / Value 27,800, Subject Full fiscal year ending March 2027, non-consolidated / Value 65,400(Subject Six months ended the second quarter of the fiscal year ending March 2027, consolidated / Value -3, Subject Full fiscal year ending March 2027, consolidated / Value -1.3, Subject Six months ended the second quarter of the fiscal year ending March 2027, non-consolidated / Value -2.8, Subject Full fiscal year ending March 2027, non-consolidated / Value -1.2) |
| Operating profit | Subject Six months ended the second quarter of the fiscal year ending March 2027, consolidated / Value 100, Subject Full fiscal year ending March 2027, consolidated / Value 1,200, Subject Six months ended the second quarter of the fiscal year ending March 2027, non-consolidated / Value -100, Subject Full fiscal year ending March 2027, non-consolidated / Value 700 → Subject Six months ended the second quarter of the fiscal year ending March 2027, consolidated / Value -800, Subject Full fiscal year ending March 2027, consolidated / Value 300, Subject Six months ended the second quarter of the fiscal year ending March 2027, non-consolidated / Value -1,100, Subject Full fiscal year ending March 2027, non-consolidated / Value -300(Subject Six months ended the second quarter of the fiscal year ending March 2027, consolidated / Value Not disclosed, Subject Full fiscal year ending March 2027, consolidated / Value -75, Subject Six months ended the second quarter of the fiscal year ending March 2027, non-consolidated / Value Not disclosed, Subject Full fiscal year ending March 2027, non-consolidated / Value Not disclosed) |
| Ordinary income | Subject Six months ended the second quarter of the fiscal year ending March 2027, consolidated / Value 200, Subject Full fiscal year ending March 2027, consolidated / Value 1,500, Subject Six months ended the second quarter of the fiscal year ending March 2027, non-consolidated / Value 0, Subject Full fiscal year ending March 2027, non-consolidated / Value 900 → Subject Six months ended the second quarter of the fiscal year ending March 2027, consolidated / Value -700, Subject Full fiscal year ending March 2027, consolidated / Value 600, Subject Six months ended the second quarter of the fiscal year ending March 2027, non-consolidated / Value -1,000, Subject Full fiscal year ending March 2027, non-consolidated / Value -100(Subject Six months ended the second quarter of the fiscal year ending March 2027, consolidated / Value Not disclosed, Subject Full fiscal year ending March 2027, consolidated / Value -60, Subject Six months ended the second quarter of the fiscal year ending March 2027, non-consolidated / Value Not disclosed, Subject Full fiscal year ending March 2027, non-consolidated / Value Not disclosed) |
| Profit attributable to owners of the parent | Subject Six months ended the second quarter of the fiscal year ending March 2027, consolidated / Value 100, Subject Full fiscal year ending March 2027, consolidated / Value 900 → Subject Six months ended the second quarter of the fiscal year ending March 2027, consolidated / Value -500, Subject Full fiscal year ending March 2027, consolidated / Value 300(Subject Six months ended the second quarter of the fiscal year ending March 2027, consolidated / Value Not disclosed, Subject Full fiscal year ending March 2027, consolidated / Value -66.7) |
| Net income per share | Subject Six months ended the second quarter of the fiscal year ending March 2027, consolidated / Value 3.69, Subject Full fiscal year ending March 2027, consolidated / Value 33.22, Subject Six months ended the second quarter of the fiscal year ending March 2027, non-consolidated / Value 0, Subject Full fiscal year ending March 2027, non-consolidated / Value 22.15 → Subject Six months ended the second quarter of the fiscal year ending March 2027, consolidated / Value -18.68, Subject Full fiscal year ending March 2027, consolidated / Value 11.32, Subject Six months ended the second quarter of the fiscal year ending March 2027, non-consolidated / Value -26.15, Subject Full fiscal year ending March 2027, non-consolidated / Value -3.77 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months and full year |
| Publication date of previous forecast | 12 May 2026 |
| Previous-period results | Subject Six months ended the second quarter of the fiscal year ending March 2027, consolidated / Net Sales 23,263 / Operating profit 560 / Ordinary income 652 / Interim net income attributable to owners of the parent 441 / Interim net income per share 16.31, Subject Full fiscal year ending March 2027, consolidated / Net Sales 51,103 / Operating profit 923 / Ordinary income 1,113 / Profit attributable to owners of the parent 1,275 / Net income per share 47.08, Subject Six months ended the second quarter of the fiscal year ending March 2027, non-consolidated / Net Sales 21,478 / Operating profit 297 / Ordinary income 398 / Interim net income 274 / Interim net income per share 10.13, Subject Full fiscal year ending March 2027, non-consolidated / Net Sales 47,501 / Operating profit 342 / Ordinary income 562 / Net income for the current fiscal year 892 / Net income per share 32.94 |
| Reason for the revision | Although sales volumes for thick steel plate, the company's main product, are expected to remain generally in line with expectations during the six months ended the second quarter, selling prices are expected to fall below expectations because the penetration of price revisions is taking longer than anticipated. Accordingly, net sales and earnings are expected to fall short of the initial forecasts. |
| Consolidated / non-consolidated | Consolidated / non-consolidated (standalone) |
Items this document does not state (2)
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.While sales volumes for the company's main product, thick steel plate, are generally tracking as expected, the penetration of price revisions is taking longer than anticipated, causing selling prices to fall below expectations. As a result, net sales and earnings are expected to fall short of the initial forecasts.