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.
Profit-increasing factors included ¥1.9 billion from sales volume, ¥3.2 billion from selling prices, ¥0.8 billion from factory raw material cost reductions, ¥2.4 billion from inventory effects and other factors, and ¥0.9 billion from higher operating profit at consolidated subsidiaries. These were offset by a ¥10.6 billion profit-reducing impact from purchase prices, resulting in a net profit decline of ¥1.4 billion. The purchase price breakdown was ¥10.0 billion for raw materials, comprising ¥5.4 billion for iron scrap, ¥1.4 billion for purchased billets, and ¥3.2 billion for ferroalloys and other materials, plus ¥0.6 billion for energy and other items. The impact of exchange-rate movements was a ¥1.5 billion profit decline through purchase prices and a ¥0.3 billion profit increase through selling prices.
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 | ¥162,572 million (YoY +8.5%) |
| Operating profit | ¥7,336 million (YoY -16.5%) |
| Ordinary income | ¥8,071 million (YoY -13.3%) |
| Profit attributable to owners of the parent | ¥5,299 million (YoY -5.5%) |
| Net income per share | ¥82.78 |
| Equity ratio | End of the current fiscal period 58.8 / End of previous period 59.2 |
| Total assets | ¥405,646 million |
| Net assets | ¥248,155 million |
| Cash flows from operating activities | ¥-6,935 million |
| Cash flows from investing activities | ¥-3,847 million |
| Cash flows from financing activities | ¥11,411 million |
| Cash and cash equivalents at end of period | ¥32,878 million |
| Full-year earnings forecast | Net Sales ¥330,000 million (YoY +8.4%) / Operating profit ¥15,000 million (YoY -13.7%) / Ordinary income ¥16,000 million (YoY -13.4%) / Net income ¥10,000 million (YoY -11.1%) |
| Revision to Earnings Forecast | Net Sales ¥310,000 million → ¥330,000 million / Operating profit ¥17,500 million → ¥15,000 million / Ordinary income ¥18,500 million → ¥16,000 million / Net income ¥11,300 million → ¥10,000 million |
| Annual Dividend Forecast | ¥150 → ¥142 |
| Segment revenue | Steel (Hagane) Company ¥55,253 million (YoY +7.0%), Stainless Steel Company ¥20,727 million (YoY +6.3%), Forging (Kitaeru) Company ¥72,217 million (YoY +8.4%), Smart Company ¥13,066 million (YoY +20.1%), Other ¥1,307 million (YoY +11.7%) |
| Segment profit | Steel (Hagane) Company ¥1,099 million, Stainless Steel Company ¥456 million, Forging (Kitaeru) Company ¥4,417 million, Smart Company ¥1,120 million, Other ¥330 million |
| Depreciation and amortization | ¥9,001 million |
| 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 None |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name No |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Securities analysts and institutional investors |
| Issued Shares at Period-End | 64,520,820 shares |
| Treasury Shares at Period-End | 263,301 shares |
| Factors Behind Changes in Business Performance | Profit-increasing factors included ¥1.9 billion from sales volume, ¥3.2 billion from selling prices, ¥0.8 billion from factory raw material cost reductions, ¥2.4 billion from inventory effects and other factors, and ¥0.9 billion from higher operating profit at consolidated subsidiaries. These were offset by a ¥10.6 billion profit-reducing impact from purchase prices, resulting in a net profit decline of ¥1.4 billion. The purchase price breakdown was ¥10.0 billion for raw materials, comprising ¥5.4 billion for iron scrap, ¥1.4 billion for purchased billets, and ¥3.2 billion for ferroalloys and other materials, plus ¥0.6 billion for energy and other items. The impact of exchange-rate movements was a ¥1.5 billion profit decline through purchase prices and a ¥0.3 billion profit increase through selling prices. |
Items this document does not state (8)
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.Despite increases in sales volume and selling prices, higher purchase prices became a factor reducing profit.