#JapanSteelWorks

Japan Steel Works Ltd. has completed the issuance of new shares as share-based compensation with transfer restrictions, issuing approximately 97.94 million yen worth of shares. The payment deadline is July 21, 2026.

Japan Steel Works, Ltd. announced the progress of JGP2028 and a review of its strategy. The company reports progress in resin manufacturing and processing machinery, molding machines, and other core businesses, aiming to expand business and increase profitability.

Japan Steel Works Ltd. has decided to issue a total of approximately 97.94 million yen in cash compensation rights to five target directors and eleven operating officers under a restricted stock compensation scheme, resulting in the issuance of 12,393 new shares. The transfer restriction period is set long-term until the officers’ resignation.

This is the financial report announced by Japan Steel Works on May 25, 2026, providing an overview of sales, profits, changes from the same period last year, segment-specific performance, and more.

Japan Steel Works, Ltd. has decided on the executive structure following the 120th Annual General Meeting of Shareholders. Mr. Keiichiro Kato will be promoted to Senior Executive Officer and General Manager of the Accounting Department, and Mr. Hiroyuki Uchida is scheduled to assume the role of Advisor.

For the third quarter of the fiscal year ending March 2026, net sales were JPY 201.143 billion (16.4% Year-over-Year increase), operating income was JPY 17.525 billion (2.9% YoY increase), and net income attributable to owners of parent for the quarter was JPY 14.938 billion (20.7% YoY increase).

Japan Steel Works, Ltd. resolved changes to directors and executive officers effective April 1, 2026. These include role changes for the Representative Vice President Director and appointments of new executive officers.

Japan Steel Works, Ltd. has decided on organizational changes effective April 1, 2026, establishing multiple new departments including the Global Strategy Headquarters and the Resin Machinery Solutions Division, as well as setting up the Foundry Materials Engineering Division and merging with M&E Co., Ltd.

Scheduled absorption merger of wholly owned subsidiary Japan Steel Works M&E Co., Ltd. as of April 1, 2026. No share allotment will occur in connection with the merger, and the impact on consolidated earnings is expected to be minimal.