The capital investment amount for expanding sponge titanium production capacity has been revised from the initial 33 billion yen to 39 billion yen. The primary causes are rising raw material and labor costs, with completion targeted by fiscal 2027.
On February 16, 2026, Kobe Steel, Ltd. transferred part of its shares, reducing its shareholding from 3,800,000 shares to 3,650,000 shares, with voting rights decreasing from 10.35% to 9.94%.
For the third quarter of the fiscal year ending March 2026, net sales were JPY 37,308 million (8.8% decrease YoY), operating income was JPY 5,180 million (39.2% decrease YoY), and quarterly net income was JPY 3,400 million (38.3% decrease YoY).
The sales forecast for the fiscal year ending March 2026 has been revised down to 460 billion yen, a 6.1% decrease year-over-year. Operating income is projected at 4.8 billion yen, down 4.0% year-over-year. Ordinary income is expected to increase by 6.3% to 5.1 billion yen, while net income attributable to owners of parent is maintained at 2.2 billion yen.