This article organizes the latest developments at JFE Holdings,Inc. in terms of share price movements, earnings and business strategy. It highlights the key points, from the share price trend in late August and the earnings overview to developments in future asset utilization.
Over the 5 trading days from 27 August to 1 September, the share price rose from ¥1,839 to ¥1,936, an increase of 5.3%. On 31 August, trading volume rose sharply from the previous day to 44.29 million shares, marking a period of concentrated short-term trading.
In the morning session on 2 September, the share price was ¥1,872, down ¥64 from the previous day, or 3.31%, indicating a correction following the preceding rise.
The summary of the results for the first quarter of the fiscal year ending March 2027 showed revenue of ¥1.1612 trillion, up 4.1% year on year, and profit attributable to owners of the parent of ¥31.2 billion, up 338.1%. The return to profitability in the steel business and gains on land sales contributed to the results.
The full-year forecast announced the same day projects revenue of ¥4.85 trillion and profit attributable to owners of the parent of ¥150 billion, presenting a full-year plan based on substantial profit growth in the first half.
As part of its business strategy, plans have been reported to invest ¥300 billion in refrigerated and frozen storage facilities in Kawasaki as the JFE blast furnace site is developed into a logistics hub.