#ChubuSteelPlate

Chubu Steel Plate Co., Ltd. has decided at the Board of Directors meeting on March 5, 2026, the offering price of shares at 2,058 yen per share, totaling approximately 3,369,151,800 yen. An overallotment of 240,000 shares is also planned to be offered at the same price.

For the fiscal year ending March 2026, consolidated net sales are downward revised to 51,600 million yen, a 2.3% decrease from the previous forecast, and operating income is downward revised to 1,000 million yen, a 56.5% decrease.

Chubu Steel Plate Co., Ltd. has resolved to offer 1,637,100 shares of common stock in the fiscal year ending March 2026. The offering price will be determined based on the closing prices from March 5 to March 10, 2026, aiming to improve liquidity and expand the investor base.

Revised full-year earnings guidance for the fiscal year ending March 2026. Forecasting net sales of 516.0 billion yen (1.1% increase YoY), operating income of 1.0 billion yen (63.0% decrease YoY), and net income attributable to owners of parent of 1.1 billion yen (36.5% decrease YoY), expecting significant profit decline.

For Q3 FY2026, net sales were 36,809 million yen, down 13.9% year-over-year. Operating income was 735 million yen, down 79.9% year-over-year, and net income attributable to owners of parent for the quarter was 642 million yen, down 74.4% year-over-year.

Consolidated net sales for the third quarter of the fiscal year ending March 2026 were JPY 36,809 million (down 13.9% YoY), operating income was JPY 735 million (down 79.9% YoY), and net income attributable to owners of parent for the quarter was JPY 642 million (down 74.4% YoY).

Plans to reduce consolidated shareholders' equity to approximately 70 billion yen by the end of fiscal 2027 and increase the fiscal 2025 year-end dividend from 51.00 yen to 54.00 yen.

Due to the hospitalization of Representative Director Daigo Kaneko caused by health issues, it was resolved on February 3, 2026, to additionally select Director Chairman Kumio Shigematsu as Representative Director and have him act as president.