Kobe Steel, Ltd.
Notice Regarding Revision of Individual Earnings Guidance
Downward revision of individual full-year earnings guidance for the fiscal year ending March 2026 to net sales of 1,330,000 million yen (4.3% decrease from previous forecast), ordinary income of 40,000 million yen (50.0% decrease), and net income of 75,000 million yen (25.0% decrease).
Key Figures
- Net Sales: 1,330,000 million yen (4.3% decrease from previous forecast)
- Ordinary Income: 40,000 million yen (50.0% decrease from previous forecast)
- Net Income Attributable to Owners of Parent: 75,000 million yen (25.0% decrease from previous forecast)
AI要約
Overview of Earnings Guidance Revision
The individual full-year earnings guidance for the fiscal year ending March 2026 has been downwardly revised from the previously announced 1,390,000 million yen to 1,330,000 million yen in net sales, a 4.3% reduction. Ordinary income is expected to decline significantly from 80,000 million yen to 40,000 million yen, a 50.0% decrease, and net income attributable to owners of parent is forecast to fall from 100,000 million yen to 75,000 million yen, a 25.0% decrease. Net income per share is also expected to decrease from 252.88 yen to 190.12 yen.
Reasons for Revision and Future Outlook
The revision is due to a decrease in dividend income from group companies, weakened demand in the automotive, construction, and civil engineering sectors, delayed recovery in demand in the semiconductor sector leading to reduced sales volume in the materials business, deterioration of steel metal spreads caused by a softening steel market, and worsening inventory valuation due to falling raw material prices for steel. For consolidated earnings guidance, please refer to the separately announced Q3 Financial Summary and supplementary earnings presentation materials.
