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Results5658NICHIA STEEL WORKS,LTD.Iron and Steel, Nonferrous Metals

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, revenue increased 4.1% and operating profit increased 77.8%, due to higher sales volume and cost reductions, among other factors. Interim net income attributable to owners of the parent also turned profitable from a loss in the previous year. The full-year earnings forecast and annual dividend forecast remain unchanged.

Worth reading
42Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
77.8
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales17,221Millions of yenYear on year +4.1%Progress 49.2%
Operating profit806Millions of yenYear on year +77.8%Progress 55.6%
Ordinary income1,165Millions of yenYear on year +42.0%Progress 58.3%
Net income attributable to owners of the parent863Millions of yen

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¥19.24
Financial position at period-end
Total assets75,691Millions of yen
of which net assets 59,023 Millions of yenEquity ratio 72.8%vs. prior year-end -0.3pt

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 4,431 Millions of yen (YoY +6.0%), Specialty Wire Products 8,991 Millions of yen (YoY +3.7%), Bolt and Screw Wire Products 3,430 Millions of yen (YoY +1.1%), Real Estate Leasing 81 Millions of yen, Other 306 Millions of yen (YoY +19.3%)
Segment profitOrdinary Wire Products 134 Millions of yen (YoY +59.2%), Specialty Wire Products 513 Millions of yen (YoY +161.6%), Bolt and Screw Wire Products 105 Millions of yen (YoY -8.3%), Real Estate Leasing 50 Millions of yen (YoY +4.2%), Other 2 Millions of yen (YoY -79.2%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales35,000 Millions of yen (YoY +3.6%)
Operating profit1,450 Millions of yen (YoY +1.3%)
Ordinary income2,000 Millions of yen (YoY -10.3%)
Profit attributable to owners of the parent1,200 Millions of yen (YoY +17.9%)
Annual Dividend Forecast10 Yen → 10 Yen(0.0%)
Factors Behind Changes in Business Performance

Revenue increased due to higher sales volume. Operating profit increased due to higher sales volume, inventory valuation differences and cost-cutting measures. Interim net income attributable to owners of the parent increased due to higher special gains, including refunds of fixed asset taxes, and a significant decrease in special losses, including losses related to the liquidation of an affiliated company.

Disclosure regarding the going concern assumption

None ("There are 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 consolidationNew 0 companies / Excluded 0 companies / Company name Not applicable
Impairment lossNo applicable items
Breakdown of extraordinary income (loss)Extraordinary income Gain on sales of non-current assets 2,447 Thousands of yen, Refunds of fixed asset taxes and other items 340,201 Thousands of yen / Extraordinary loss Loss on retirement of non-current assets 29,484 Thousands of yen, Loss on sale of noncurrent assets 475 Thousands of yen, Litigation-Related Costs 51,094 Thousands of yen
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End51,755,478
Treasury Shares at Period-End6,952,174
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales17,221 Millions of yen (YoY +4.1%)
Operating profit806 Millions of yen (YoY +77.8%)
Ordinary income1,165 Millions of yen (YoY +42.0%)
Profit attributable to owners of the parent863 Millions of yen
Net income per share¥19.24
Equity ratioEnd of the current fiscal period 72.8 / End of previous period 73.1
Total assets75,691 Millions of yen
Net assets59,023 Millions of yen
Full-year earnings forecastNet Sales 35,000 Millions of yen (YoY +3.6%) / Operating profit 1,450 Millions of yen (YoY +1.3%) / Ordinary income 2,000 Millions of yen (YoY -10.3%) / Profit attributable to owners of the parent 1,200 Millions of yen (YoY +17.9%)
Annual Dividend Forecast10 Yen → 10 Yen(0.0%)
Segment revenueOrdinary Wire Products 4,431 Millions of yen (YoY +6.0%), Specialty Wire Products 8,991 Millions of yen (YoY +3.7%), Bolt and Screw Wire Products 3,430 Millions of yen (YoY +1.1%), Real Estate Leasing 81 Millions of yen, Other 306 Millions of yen (YoY +19.3%)
Segment profitOrdinary Wire Products 134 Millions of yen (YoY +59.2%), Specialty Wire Products 513 Millions of yen (YoY +161.6%), Bolt and Screw Wire Products 105 Millions of yen (YoY -8.3%), Real Estate Leasing 50 Millions of yen (YoY +4.2%), Other 2 Millions of yen (YoY -79.2%)
Impairment lossNo applicable items
Breakdown of extraordinary income (loss)Extraordinary income Gain on sales of non-current assets 2,447 Thousands of yen, Refunds of fixed asset taxes and other items 340,201 Thousands of yen / Extraordinary loss Loss on retirement of non-current assets 29,484 Thousands of yen, Loss on sale of noncurrent assets 475 Thousands of yen, Litigation-Related Costs 51,094 Thousands of yen
Disclosure regarding the going concern assumptionNone ("There are no 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 consolidationNew 0 companies / Excluded 0 companies / Company name Not applicable
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End51,755,478
Treasury Shares at Period-End6,952,174
Factors Behind Changes in Business PerformanceRevenue increased due to higher sales volume. Operating profit increased due to higher sales volume, inventory valuation differences and cost-cutting measures. Interim net income attributable to owners of the parent increased due to higher special gains, including refunds of fixed asset taxes, and a significant decrease in special losses, including losses related to the liquidation of an affiliated company.
Items this document does not state (12)
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 backlogDepreciation and amortizationMaterial 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 profit increased due to higher sales volume, inventory valuation differences and cost-cutting measures. Net income increased due to higher special gains, including refunds of fixed asset taxes, and a significant decrease in special losses, including losses related to the liquidation of an affiliated company.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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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 Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | NICHIA STEEL WORKS,LTD. (5658) timely disclosure | Komori