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.