Komori
Revision to earnings forecast5658NICHIA STEEL WORKS,LTD.Iron and Steel, Nonferrous Metals

Notice Concerning Differences Between the Earnings Forecast and Actual Results for the Interim Consolidated Accounting Period of the Fiscal Year Ending March 2027

For the interim consolidated accounting period of the fiscal year ending March 2027, actual sales and profit exceeded the previously announced forecasts. The full-year consolidated earnings forecast remains unchanged.

Worth reading
69In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
66
%
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Interim consolidated accounting periodPrevious forecast published 14 May 2026
Net Sales16,770→17,221Millions of yen
+2.7%
Operating profit580→806Millions of yen
+39.1%
Ordinary income840→1,165Millions of yen
+38.8%
Profit attributable to owners of the parent520→863Millions of yen
+66.0%
Net income per share11.57→19.24Yen and sen
+66.3%

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

Improved profitability mainly through cost reductions, inventory valuation gains resulting from higher prices for primary and secondary raw materials, and the full upholding of the claim for damages relating to overpaid fixed asset tax and city planning tax, resulting in ¥340 million in refunded fixed asset taxes, etc. being recorded as a special gain.

Details and amount of extraordinary loss

Special losses: Not disclosed. In addition, ¥340 million in refunded fixed asset taxes, etc. was recorded as a special gain.

Previous-period resultsNet sales: ¥16,544 million; operating income: ¥453 million; ordinary income: ¥820 million; interim net income attributable to owners of parent: -¥20 million; interim earnings per share: -¥0.44
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales16,770 Millions of yen → 17,221 Millions of yen(+2.7%)
Operating profit580 Millions of yen → 806 Millions of yen(+39.1%)
Ordinary income840 Millions of yen → 1,165 Millions of yen(+38.8%)
Profit attributable to owners of the parent520 Millions of yen → 863 Millions of yen(+66.0%)
Net income per share11.57 Yen and sen → 19.24 Yen and sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredInterim consolidated accounting period
Publication date of previous forecast14 May 2026
Previous-period resultsNet sales: ¥16,544 million; operating income: ¥453 million; ordinary income: ¥820 million; interim net income attributable to owners of parent: -¥20 million; interim earnings per share: -¥0.44
Reason for the revisionImproved profitability mainly through cost reductions, inventory valuation gains resulting from higher prices for primary and secondary raw materials, and the full upholding of the claim for damages relating to overpaid fixed asset tax and city planning tax, resulting in ¥340 million in refunded fixed asset taxes, etc. being recorded as a special gain.
Details and amount of extraordinary lossSpecial losses: Not disclosed. In addition, ¥340 million in refunded fixed asset taxes, etc. was recorded as a special gain.
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Dividend 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.

Profitability improved mainly through cost reductions, and inventory valuation gains arose from higher prices for primary and secondary raw materials. The claim for damages relating to overpaid fixed asset tax and city planning tax was fully upheld, and ¥340 million in refunded fixed asset taxes, etc. was recorded as a special gain. However, as higher prices resulting from increased geopolitical risks and continued cost increases for raw materials, energy, logistics and labor are expected to persist, the full-year forecast was left unchanged.

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning Differences Between the Earnings Forecast and Actual Results for the Interim Consolidated Accounting Period of the Fiscal Year Ending March 2027 | NICHIA STEEL WORKS,LTD. (5658) timely disclosure | Komori