[Earnings] JFE Holdings cuts profit forecast for the current fiscal year (Jiji Press)

The story

JFE Holdings lowered its consolidated earnings forecast for the fiscal year ending March 2027. The figures were disclosed on an International Financial Reporting Standards (IFRS) basis.

Revenue is forecast at ¥4.9 trillion, exceeding the previous forecast of ¥4.85 trillion.

Meanwhile, the outlook for business profit and net income was reportedly revised downward. The article gives specific new figures, and the details of future disclosures will need to be monitored.

At a glance

CompanyJFE Holdings

ForecastLowered consolidated outlook for the fiscal year ending March 2027

Revenue¥4.9 trillion (previous forecast: ¥4.85 trillion)

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