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Occurring Fact5612NIPPON CHUTETSUKAN K.K.Iron & Steel, Nonferrous Metals

Notice Regarding Differences Between Earnings Forecasts and Actual Results and the Recognition of an Extraordinary Loss

For the fiscal year ending March 2026, net sales were 11.4% below the previous forecast, while operating profit was 12.2% above forecast. Profit attributable to owners of the parent was ¥91 million. A ¥73 million loss on disposal of fixed assets associated with the transition to electric furnaces was recognized as an extraordinary loss, bringing total extraordinary income and losses to ¥96 million.

Worth reading
76Important
Scored from 3 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
73
¥ million (extraordinary loss)
Wording
Definitive
How definitive the wording is.

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

This disclosure04/27/2026
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.

Company response

Suspended operations

Suspension of cupola furnace operations

Event that occurred
ItemDetails
Event nameDifference Between the Earnings Forecast and Actual Results and Recognition of an Extraordinary Loss
Subject EntityNIPPON CHUTETSUKAN K.K. (consolidated)
Target Locations / ProductsFixed assets associated with the cupola furnace, electric furnace, and construction to expand production capacity for straight ductile iron pipes
CauseSuspension 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 PerformanceA ¥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 recognizedConsolidated accounting period for the fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
Impact on Earnings ForecastThe 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 operationsSuspension of cupola furnace operations
Items this document does not state (17)
Date of occurrenceDate recognized / date notice receivedType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the changeOutlookPlanned follow-up disclosure

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.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Differences Between Earnings Forecasts and Actual Results and the Recognition of an Extraordinary Loss | NIPPON CHUTETSUKAN K.K. (5612) timely disclosure | Komori