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Presentation materials for financial results5741UACJ CorporationIron & Steel, Nonferrous Metals

Financial Results Presentation Materials for the First Quarter of Fiscal 2026

In the first quarter of FY2026, business profit rose ¥17.8 billion year on year to ¥25.7 billion, driven by higher sales volumes and the benefits of operating recycling facilities, setting a new quarterly record. The full-year forecasts for revenue, business profit, operating profit and net income, as well as the annual dividend, were revised upward.

Worth reading
81Important
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
210
Hundreds of millions of yen
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFY2026 First Quarter13 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales3,774 Hundreds of millions of yen+44.0%
Operating profit538 Hundreds of millions of yen+532.9%
Net income359 Hundreds of millions of yen+2,661.5%
Results for the three months of the current quarter
Revenue¥377.4 billion
Business profit¥25.7 billion
Operating profit¥53.8 billion
Net income¥35.9 billion
Adjusted EBITDA¥36.4 billion
Sales volume342 thousand tonnes
Full-year earnings forecast
Sales volume
1,375 thousand tonnes
Revenue
14,000 Hundreds of millions of yen
Business profit
860 Hundreds of millions of yen
Operating profit
850 Hundreds of millions of yen
Net income
420 Hundreds of millions of yen
Adjusted EBITDA
1,300 Hundreds of millions of yen
Annual dividend
¥70 per share
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Business profit from FY2025 Q1 to FY2026 Q1Sales-related variance -¥0.4 billion, manufacturing cost variance -¥1.2 billion, energy and alloying metals -¥0.3 billion, depreciation and amortization -¥2.4 billion, foreign exchange and other factors ¥10.7 billion, Middle East impact -¥0.3 billion, domestic flat products +¥4.7 billion, TAA +¥10.2 billion, UATH +¥1.0 billion
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
LME3,169$/t
Exchange rate (¥/$)¥157/$
Exchange rate (THB/$)32.9THB/$
Dubai crude oil99$/bbl
New initiatives
  • On-site digital transformation and AI use through cross-industry collaboration with JR West
  • Accelerating initiatives to use recycled aluminum materials, including the full-scale operation of UYAR facilities
  • UATH shipments of can sheet to Europe from the second half of FY2026
  • Beginning sponsorship of a hot-air balloon team
Key KPIsA metric the company considers important as a management benchmark.
Sales volume342 thousand tonnes (up 8 thousand tonnes year on year)
Adjusted EBITDA¥36.4 billion (up ¥19.0 billion year on year)
UACJ recycling rateOver 74%
ROE12.2% in FY2025
ROIC7.1% in FY2025
Debt-to-equity ratio0.9x
Segment results
UATH
Sales volume79 thousand tonnes
Revenue¥71.0 billion
Business profit−¥1.6 billion
Operating profit¥11.9 billion
TAA
Sales volume126 thousand tonnes
Revenue¥145.9 billion
Business profit¥18.1 billion
Operating profit¥30.2 billion
UWH
Revenue¥10.8 billion
Business profit¥200 million
Operating profit¥100 million
Medium-term management plan targets
ROEAt least 9% (FY2027)
ROIC9% (FY2027)
Business profit¥60 billion
Payout ratioTargeting at least 30% of net income (FY2024-FY2027)
UACJ recycling rate80% (FY2030)
Financial targets
ROEFY2025 actual: 12.2%; FY2027 target: at least 9%
ROICFY2025 actual: 7.1%; FY2027 target: 9%
Debt-to-equity ratio0.9x in the first quarter of FY2026; target level under the Fourth Medium-Term Management Plan
Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
¥12.0 billion impact from the situation in the Middle East
Market Size / Share
U.S. can sheet marketApproximately 2 million tonnes (2025)
Import share of the U.S. can sheet marketApproximately 15%
U.S. can sheet demand growth rateApproximately 3% per year through 2030
Capital expenditures
500 Hundreds of millions of yen
Annual Dividend
Annual¥70/share
Interim¥35/share
End of period¥35/share
Payout ratio
30.2% (FY2026 forecast)
Acquisition of treasury shares
Past share repurchases include 3 million shares. The repurchase limit for this transaction: Not disclosed
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFY2026 First Quarter
Net Sales3,774 Hundreds of millions of yen (YoY +44.0%)
Operating profit538 Hundreds of millions of yen (YoY +532.9%)
Net income359 Hundreds of millions of yen (YoY +2,661.5%)
Results for the three months of the current quarterRevenue ¥377.4 billion / Business profit ¥25.7 billion / Operating profit ¥53.8 billion / Net income ¥35.9 billion / Adjusted EBITDA ¥36.4 billion / Sales volume 342 thousand tonnes
Full-year earnings forecastSales volume 1,375 thousand tonnes / Revenue 14,000 Hundreds of millions of yen / Business profit 860 Hundreds of millions of yen / Operating profit 850 Hundreds of millions of yen / Net income 420 Hundreds of millions of yen / Adjusted EBITDA 1,300 Hundreds of millions of yen / Annual dividend ¥70 per share
Segment resultsUATH Sales volume 79 thousand tonnes / Revenue ¥71.0 billion / Business profit −¥1.6 billion / Operating profit ¥11.9 billion / TAA Sales volume 126 thousand tonnes / Revenue ¥145.9 billion / Business profit ¥18.1 billion / Operating profit ¥30.2 billion / UWH Revenue ¥10.8 billion / Business profit ¥200 million / Operating profit ¥100 million
Breakdown of Factors Affecting the ChangeBusiness profit from FY2025 Q1 to FY2026 Q1 Sales-related variance -¥0.4 billion, manufacturing cost variance -¥1.2 billion, energy and alloying metals -¥0.3 billion, depreciation and amortization -¥2.4 billion, foreign exchange and other factors ¥10.7 billion, Middle East impact -¥0.3 billion, domestic flat products +¥4.7 billion, TAA +¥10.2 billion, UATH +¥1.0 billion
Key KPIsSales volume 342 thousand tonnes (up 8 thousand tonnes year on year) / Adjusted EBITDA ¥36.4 billion (up ¥19.0 billion year on year) / UACJ recycling rate Over 74% / ROE 12.2% in FY2025 / ROIC 7.1% in FY2025 / Debt-to-equity ratio 0.9x
Assumptions Underlying the Business OutlookLME 3,169$/t / Exchange rate (¥/$) ¥157/$ / Exchange rate (THB/$) 32.9THB/$ / Dubai crude oil 99$/bbl
Risk amount incorporated into the outlook¥12.0 billion impact from the situation in the Middle East
Medium-term management plan targetsROE At least 9% (FY2027) / ROIC 9% (FY2027) / Business profit ¥60 billion / Payout ratio Targeting at least 30% of net income (FY2024-FY2027) / UACJ recycling rate 80% (FY2030)
Financial targetsROE FY2025 actual: 12.2%; FY2027 target: at least 9% / ROIC FY2025 actual: 7.1%; FY2027 target: 9% / Debt-to-equity ratio 0.9x in the first quarter of FY2026; target level under the Fourth Medium-Term Management Plan
Annual DividendAnnual ¥70/share / Interim ¥35/share / End of period ¥35/share
Payout ratio30.2% (FY2026 forecast)
Acquisition of treasury sharesPast share repurchases include 3 million shares. The repurchase limit for this transaction: Not disclosed
Capital expenditures500 Hundreds of millions of yen
Market Size / ShareU.S. can sheet market Approximately 2 million tonnes (2025) / Import share of the U.S. can sheet market Approximately 15% / U.S. can sheet demand growth rate Approximately 3% per year through 2030
New initiativesOn-site digital transformation and AI use through cross-industry collaboration with JR West, Accelerating initiatives to use recycled aluminum materials, including the full-scale operation of UYAR facilities, UATH shipments of can sheet to Europe from the second half of FY2026, Beginning sponsorship of a hot-air balloon team
Items this document does not state (11)
Ordinary incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesOrders received and order backlogKey points of the Q&A

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.

Factors contributing to higher profit included global growth in aluminum demand, strong sales of thick plates for semiconductor manufacturing equipment, the continuing effects of price revisions, higher U.S. aluminum market prices, and increased raw-material processing capacity resulting from the operation of recycling facilities. The upward revision to the full-year forecast reflects the expanded benefits of using recycled materials, capturing demand and implementing price revisions, and a reassessment of the impact of the situation in the Middle East.

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.
Financial Results Presentation Materials for the First Quarter of Fiscal 2026 | UACJ Corporation (5741) timely disclosure | Komori