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Earnings5658NICHIA STEEL WORKS,LTD.Iron & Steel, Nonferrous Metals

Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated)

In the first quarter of the fiscal year ending March 2027, net sales increased 3.6% year on year and operating income increased 62.5%, mainly due to higher sales volume. The full-year earnings forecast and annual dividend forecast remain unchanged.

Worth reading
37Immaterial
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
62.5
% (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales8,524¥ millionYear on year +3.6%Progress 24.4%
Operating profit355¥ millionYear on year +62.5%Progress 24.5%
Ordinary income623¥ millionYear on year +26.7%Progress 31.2%
Net income attributable to owners of the parent545¥ millionYear on year +86.9%Progress 45.4%

The 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.

Net income per share¥12.14
Financial position at period-end
Total assets74,238¥ million
of which net assets 57,846 ¥ millionEquity ratio 72.7%vs. prior year-end -0.4pt

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.

Segment revenueOrdinary Wire Products ¥2,189,673 thousand (YoY +6.2%), Specialty Wire Products ¥4,521,821 thousand (YoY +2.7%), Bolt and Screw Wire Products ¥1,621,464 thousand (YoY +2.0%), Real Estate Leasing ¥40,472 thousand, Other ¥151,452 thousand (YoY +15.7%)
Segment profitOrdinary Wire Products ¥43,411 thousand (YoY +620.8%), Specialty Wire Products ¥245,114 thousand (YoY +75.3%), Bolt and Screw Wire Products ¥39,694 thousand (YoY -8.2%), Real Estate Leasing ¥24,903 thousand (YoY +4.8%), Other ¥2,052 thousand (YoY -69.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥35,000 million (YoY +3.6%)
Operating profit¥1,450 million (YoY +1.3%)
Ordinary income¥2,000 million (YoY -10.3%)
Net income¥1,200 million (YoY +17.9%)
Annual Dividend Forecast¥10 → ¥10(0.0%)
Factors Behind Changes in Business Performance

Net sales increased due to higher sales volume. Operating income increased due to higher sales volume, inventory valuation differences and cost-reduction measures. Net income attributable to owners of the parent increased due to the recognition of extraordinary income for refunds of fixed asset taxes and other items.

Disclosure regarding the going concern assumption

No applicable matters.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationSummary No material changes / New Not disclosed / Excluded Not disclosed / Company name Not disclosed
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Refunds of fixed asset taxes and other items ¥340,201 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥23,935 thousand, Loss on sale of fixed assets ¥475 thousand, Litigation-Related Costs ¥40,094 thousand
Depreciation and amortization¥373,614 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End51,755,478
Treasury Shares at Period-End6,845,619
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥8,524 million (YoY +3.6%)
Operating profit¥355 million (YoY +62.5%)
Ordinary income¥623 million (YoY +26.7%)
Profit attributable to owners of the parent¥545 million (YoY +86.9%)
Net income per share¥12.14
Equity ratioEnd of the current fiscal period 72.7 / End of previous period 73.1
Total assets¥74,238 million
Net assets¥57,846 million
Full-year earnings forecastNet Sales ¥35,000 million (YoY +3.6%) / Operating profit ¥1,450 million (YoY +1.3%) / Ordinary income ¥2,000 million (YoY -10.3%) / Net income ¥1,200 million (YoY +17.9%)
Annual Dividend Forecast¥10 → ¥10(0.0%)
Segment revenueOrdinary Wire Products ¥2,189,673 thousand (YoY +6.2%), Specialty Wire Products ¥4,521,821 thousand (YoY +2.7%), Bolt and Screw Wire Products ¥1,621,464 thousand (YoY +2.0%), Real Estate Leasing ¥40,472 thousand, Other ¥151,452 thousand (YoY +15.7%)
Segment profitOrdinary Wire Products ¥43,411 thousand (YoY +620.8%), Specialty Wire Products ¥245,114 thousand (YoY +75.3%), Bolt and Screw Wire Products ¥39,694 thousand (YoY -8.2%), Real Estate Leasing ¥24,903 thousand (YoY +4.8%), Other ¥2,052 thousand (YoY -69.4%)
Depreciation and amortization¥373,614 thousand
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Refunds of fixed asset taxes and other items ¥340,201 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥23,935 thousand, Loss on sale of fixed assets ¥475 thousand, Litigation-Related Costs ¥40,094 thousand
Disclosure regarding the going concern assumptionNo applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationSummary No material changes / New Not disclosed / Excluded Not disclosed / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End51,755,478
Treasury Shares at Period-End6,845,619
Factors Behind Changes in Business PerformanceNet sales increased due to higher sales volume. Operating income increased due to higher sales volume, inventory valuation differences and cost-reduction measures. Net income attributable to owners of the parent increased due to the recognition of extraordinary income for refunds of fixed asset taxes and other items.
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent events

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.

Operating income increased mainly due to higher sales volume, inventory valuation differences and cost-reduction measures. Net income attributable to owners of the parent increased mainly because extraordinary income was recorded for refunds of fixed asset taxes and other items.

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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.
Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) | NICHIA STEEL WORKS,LTD. (5658) timely disclosure | Komori