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Revision of earnings forecasts5632Mitsubishi Steel Mfg.Co.,Ltd.Iron & Steel, Nonferrous Metals

Notice Regarding Revisions to Earnings Forecasts for the Second Quarter of the Fiscal Year Ending March 2027

The sales forecast for the six months ended September 2026 was left unchanged at ¥80,500 million. Meanwhile, the forecasts for operating profit, ordinary profit and interim net income attributable to owners of the parent were each raised by ¥800 million, ¥800 million and ¥500 million, respectively.

Worth reading
61In focus
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Direction
Improvement
Direction inferred from the company’s description.
Scale
800
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Second quarter (cumulative)Previous forecast published 13 May 2026
Net Sales80,500→80,500million
0.0%
Operating profit2,000→2,800million
+40.0%
Ordinary income1,400→2,200million
+57.1%
Profit attributable to owners of the parent700→1,200million
+71.4%
Net income per share46.29→79.36yen and sen
+71.4%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

In the domestic special steel materials business, the impact of the blast furnace disruption was resolved considerably earlier than expected, and results in the formed materials and equipment business also exceeded expectations. This trend is expected to continue in the second quarter, and ordinary profit and interim net income attributable to owners of the parent are also expected to exceed the previous forecasts in line with the increase in operating profit. The full-year forecasts have been left unchanged in view of the continuing uncertain business environment, including the situation in the Middle East.

Previous-period resultsSales: ¥79,927 million; operating profit: ¥2,121 million; ordinary profit: ¥1,415 million; interim net income attributable to owners of the parent: ¥674 million; interim net income per share: ¥44.59 (second quarter of the fiscal year ended March 2026)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥80,500 million → ¥80,500 million
Operating profit¥2,000 million → ¥2,800 million(+40.0%)
Ordinary income¥1,400 million → ¥2,200 million(+57.1%)
Profit attributable to owners of the parent¥700 million → ¥1,200 million(+71.4%)
Net income per share46.29 yen and sen → 79.36 yen and sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSecond quarter (cumulative)
Publication date of previous forecast13 May 2026
Previous-period resultsSales: ¥79,927 million; operating profit: ¥2,121 million; ordinary profit: ¥1,415 million; interim net income attributable to owners of the parent: ¥674 million; interim net income per share: ¥44.59 (second quarter of the fiscal year ended March 2026)
Reason for the revisionIn the domestic special steel materials business, the impact of the blast furnace disruption was resolved considerably earlier than expected, and results in the formed materials and equipment business also exceeded expectations. This trend is expected to continue in the second quarter, and ordinary profit and interim net income attributable to owners of the parent are also expected to exceed the previous forecasts in line with the increase in operating profit. The full-year forecasts have been left unchanged in view of the continuing uncertain business environment, including the situation in the Middle East.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

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.

In the domestic special steel materials business, the impact of the blast furnace disruption was resolved earlier than expected, and results in the formed materials and equipment business also exceeded expectations. This trend is expected to continue into the second quarter, and the forecasts for ordinary profit and interim net income were revised upward in line with the increase in operating profit. The full-year forecasts have been left unchanged in view of the continuing uncertain business environment, including the situation in the Middle East.

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Notice Regarding Revisions to Earnings Forecasts for the Second Quarter of the Fiscal Year Ending March 2027 | Mitsubishi Steel Mfg.Co.,Ltd. (5632) timely disclosure | Komori