Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedIFRSThe 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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
The year-on-year change in adjusted operating profit comprised profit-increasing factors of a ¥7.1 billion increase in selling prices, a ¥4.8 billion change in sales volume, a ¥2.9 billion product-mix variance and other factors, and ¥0.7 billion from new consolidations, and profit-decreasing factors of ¥8.2 billion from market conditions for raw materials and fuel, a ¥1.9 billion increase in fixed costs, and ¥0.7 billion from deterioration in variable costs. The net increase in profit was ¥4.7 billion.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥330,652 million (YoY +16.2%) |
| Operating profit | ¥26,068 million (YoY +41.2%) |
| Ordinary income | ¥27,302 million (YoY +38.9%) |
| Profit attributable to owners of the parent | ¥18,262 million (YoY +41.2%) |
| Net income per share | ¥91.37 |
| Equity ratio | End of the current fiscal period 52.1 / End of previous period 55.2 |
| Total assets | ¥949,674 million |
| Net assets | ¥537,593 million |
| Cash flows from operating activities | ¥-9,000 million |
| Cash flows from investing activities | ¥-21,614 million |
| Cash flows from financing activities | ¥37,747 million |
| Cash and cash equivalents at end of period | ¥69,681 million |
| Full-year earnings forecast | Net Sales ¥680,000 million (YoY +17.6%) / Operating profit ¥46,000 million (YoY +9.3%) / Ordinary income ¥47,000 million (YoY +5.0%) / Net income ¥31,000 million (YoY -4.9%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥680,000 million / Operating profit Not disclosed → ¥46,000 million / Ordinary income Not disclosed → ¥47,000 million / Net income Not disclosed → ¥31,000 million |
| Annual Dividend Forecast | 49 Yen/share → 56 Yen/share（+14.3%） |
| Segment revenue | Specialty steel materials ¥120,033 million (YoY +20.1%), Functional and magnetic materials ¥121,233 million (YoY +25.2%), Automotive parts and industrial machinery parts ¥61,654 million (YoY +4.2%), Engineering ¥12,264 million (YoY -14.0%), Distribution and services ¥15,466 million (YoY +8.2%) |
| Segment profit | Specialty steel materials ¥5,360 million, Functional and magnetic materials ¥12,082 million, Automotive parts and industrial machinery parts ¥5,879 million, Engineering ¥390 million, Distribution and services ¥2,344 million |
| Depreciation and amortization | ¥16,566 million |
| Impairment loss | － |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement Not disclosed |
| Changes in the scope of consolidation | New 1 / Newly consolidated companies Tohoku Steel Co.,Ltd. / Excluded 0 / Companies excluded from consolidation Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for securities analysts and institutional investors) |
| Issued Shares at Period-End | 217,243,845 |
| Treasury Shares at Period-End | 17,318,588 |
| Factors Behind Changes in Business Performance | The year-on-year change in adjusted operating profit comprised profit-increasing factors of a ¥7.1 billion increase in selling prices, a ¥4.8 billion change in sales volume, a ¥2.9 billion product-mix variance and other factors, and ¥0.7 billion from new consolidations, and profit-decreasing factors of ¥8.2 billion from market conditions for raw materials and fuel, a ¥1.9 billion increase in fixed costs, and ¥0.7 billion from deterioration in variable costs. The net increase in profit was ¥4.7 billion. |
Items this document does not state (7)
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 reasons for the increases in revenue and profit were the recovery in demand for industrial machinery, higher orders resulting from growing AI-related demand for semiconductor products, the consolidation of 日本高周波鋼業株式会社 and Tohoku Steel Co.,Ltd., the pass-through of costs into selling prices, and cost reductions. The full-year forecast was revised based on strong order conditions for high-performance products and firm demand for industrial machinery.