Difference Between the Earnings Forecast and Actual Results and Recognition of an Extraordinary Loss
NIPPON CHUTETSUKAN K.K. (consolidated)
Fixed assets associated with the cupola furnace, electric furnace, and construction to expand production capacity for straight ductile iron pipes
Suspension of the cupola furnace following the start of production at the electric furnace and the transition to 100% electric-furnace production, and construction to expand production capacity for straight ductile iron pipes in connection with the establishment of a manufacturing joint venture
A ¥73 million loss on disposal of fixed assets recognized as an extraordinary loss. Including extraordinary income of ¥165 million and other items, total extraordinary income and losses amounted to ¥96 million.
Consolidated accounting period for the fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
The difference between the previously announced forecast and actual results is disclosed. The impact of the extraordinary loss is included in the full-year consolidated results for the fiscal year ending March 2026.
Company response
Suspension of cupola furnace operations
| Item | Details |
|---|---|
| Event name | Difference Between the Earnings Forecast and Actual Results and Recognition of an Extraordinary Loss |
| Subject Entity | NIPPON CHUTETSUKAN K.K. (consolidated) |
| Target Locations / Products | Fixed assets associated with the cupola furnace, electric furnace, and construction to expand production capacity for straight ductile iron pipes |
| Cause | Suspension of the cupola furnace following the start of production at the electric furnace and the transition to 100% electric-furnace production, and construction to expand production capacity for straight ductile iron pipes in connection with the establishment of a manufacturing joint venture |
| Amount of Impact on Business Performance | A ¥73 million loss on disposal of fixed assets recognized as an extraordinary loss. Including extraordinary income of ¥165 million and other items, total extraordinary income and losses amounted to ¥96 million. |
| Accounting period in which recognized | Consolidated accounting period for the fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | The difference between the previously announced forecast and actual results is disclosed. The impact of the extraordinary loss is included in the full-year consolidated results for the fiscal year ending March 2026. |
| Suspended operations | Suspension of cupola furnace operations |
Items this document does not state (17)
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 decline in net sales was due to lower sales volumes and price declines for ductile iron pipes amid deteriorating demand conditions. The increase in operating profit was due to the expansion of high-margin products, lower expenses, and increased earnings at group companies. The extraordinary loss resulted from the disposal of fixed assets associated with the suspension of cupola furnace operations following the start of production at the electric furnace and the transition to 100% electric-furnace production, as well as construction to expand production capacity for straight ductile iron pipes in connection with the establishment of a manufacturing joint venture.