Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
All segments reported higher revenue and profit. In Japan, results benefited from increased sales volumes of ordinary steel pipes and increased sales of BA pipes due to semiconductor demand. In North America, higher HRC prices and wider spreads contributed, while in Asia, results benefited from increased steel pipe sales, a recovery in sales volumes, and production contributions from the Gujarat plant. Non-operating income benefited from higher dividend income and foreign exchange gains. Special items benefited from the absence in the current period of the impairment loss on investment securities recorded in the same period of the previous year.
None ("There are no applicable matters.")
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | 65,032 million yen (YoY +8.9%) |
| Operating profit | 9,290 million yen (YoY +38.8%) |
| Ordinary income | 10,374 million yen (YoY +38.0%) |
| Profit attributable to owners of the parent | 5,400 million yen (YoY +31.1%) |
| Net income per share | ¥24.42 |
| Equity ratio | End of the current fiscal period 81.2 / End of previous period 82.5 |
| Total assets | 433,099 million yen |
| Net assets | 364,977 million yen |
| Full-year earnings forecast | Net Sales 274,500 million yen (YoY +12.6%) / Operating profit 36,900 million yen (YoY +15.2%) / Ordinary income 38,000 million yen (YoY +11.0%) / Profit attributable to owners of the parent 25,700 million yen (YoY -3.7%) |
| Revision to Earnings Forecast | No revision |
| Annual Dividend Forecast | ¥44.83 per share → ¥52 per share（+16.0%） |
| Segment revenue | Segment Japan / Net Sales 37,554 million yen / Year on year against the same period last year 5.7 million yen, Segment North America / Net Sales 16,315 million yen / Year on year against the same period last year 17.3 million yen, Segment Asia / Net Sales 11,161 million yen / Year on year against the same period last year 8.5 million yen |
| Segment profit | Segment Japan / Segment profit 6,155 million yen / Year on year against the same period last year 30.8 million yen, Segment North America / Segment profit 2,037 million yen / Year on year against the same period last year 103.4 million yen, Segment Asia / Segment profit 952 million yen / Year on year against the same period last year 11.2 million yen |
| Depreciation and amortization | 2,037 million yen |
| Impairment loss | No applicable matters |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on sale of non-current assets / Amount 0 million yen, Item Gain on sale of investment securities / Amount 15 million yen / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount 8 million yen, Item Loss on sale of investment securities / Amount 7 million yen, Item Other / Amount 0 million yen |
| Disclosure regarding the going concern assumption | None ("There are no applicable matters.") |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (webcast for securities analysts and institutional investors) |
| Issued Shares at Period-End | 252,000,000 |
| Treasury Shares at Period-End | 30,871,106 |
| Factors Behind Changes in Business Performance | All segments reported higher revenue and profit. In Japan, results benefited from increased sales volumes of ordinary steel pipes and increased sales of BA pipes due to semiconductor demand. In North America, higher HRC prices and wider spreads contributed, while in Asia, results benefited from increased steel pipe sales, a recovery in sales volumes, and production contributions from the Gujarat plant. Non-operating income benefited from higher dividend income and foreign exchange gains. Special items benefited from the absence in the current period of the impairment loss on investment securities recorded in the same period of the previous year. |
Items this document does not state (10)
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.All segments reported higher revenue and profit. In North America, the increase was driven by higher U.S. hot-rolled coil prices and wider spreads. In Japan, higher sales volumes of ordinary steel pipes and increased sales of BA pipes due to semiconductor demand contributed. In Asia, increased steel pipe sales and a recovery in sales volumes contributed. Profit was also supported by higher dividend income, foreign exchange gains, and the absence in the current period of the impairment loss on investment securities recorded in the same period of the previous year.