Aichi Steel Corporation
Aichi Steel Corporation Second Quarter (Interim) Financial Summary [IFRS] (Consolidated)
In the consolidated interim results, revenue increased 8.5% year-on-year to 162,572 million yen, operating income was 7,336 million yen, and profit for the interim period attributable to owners of the parent was 5,299 million yen. The full-year forecast was revised, with revenue expected in the 330,000 million yen range and operating income adjusted year-on-year. Dividends: ordinary dividend at the end of Q2 69 yen and special dividend 39 yen, with a full-year forecast including year-end dividend totaling 142 yen. By segment, Steel, Stainless, Forging and Smart segments saw revenue increases. Cash and cash equivalents were 32,878 million yen, decreasing at the end of the period.
Key Figures
- Revenue: 162,572 million yen
- Operating Income: 7,336 million yen
- Profit for the Interim Period Attributable to Owners of the Parent: 5,299 million yen
AI要約
Performance Overview
Consolidated interim revenue totaled 162,572 million yen, an increase year-on-year. By segment, the Steel Company, Stainless Company, Forging Company and Smart Company all recorded revenue increases. However, rising procurement prices and cost pressures negatively affected operating income, which declined year-on-year. Profit for the interim period attributable to owners of the parent was 5,299 million yen, down 5.5% year-on-year. The full-year forecast has been revised.
Cash Flows and Financial Position
Cash and cash equivalents at the end of the interim period were 32,878 million yen. Assets increased due to higher inventories and other factors, and liabilities increased due to higher borrowings. Operating cash flow was constrained, and funding was secured through financing activities including long-term borrowings and dividend payments. Investing cash flow included expenditures for acquisition of tangible assets.
Aichi Steel Corporation
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