Fiscal Year Ending March 2026 Q3 Financial Summary 【Japanese GAAP】 (Consolidated)

Overview of Business Results

For the cumulative period of Q3 FY March 2026, our group reported net sales of 219,812 million yen (1.4% decrease YoY), operating income of 5,912 million yen (99.1% increase YoY), ordinary income of 6,656 million yen (75.2% increase YoY), and net income attributable to owners of parent for the quarter of 7,694 million yen (106.7% increase YoY). In the Steel segment, sales declined to 66,626 million yen (13.4% decrease YoY) and operating income fell to 1,931 million yen (57.7% decrease YoY) due to weakened demand. Conversely, the Automotive & Industrial Components segment achieved a significant profit increase with net sales of 148,112 million yen (5.2% increase YoY) and operating income of 7,927 million yen (251.8% increase YoY) driven by structural reforms and progress in sustainable price formations.

Financial Position and Outlook

At the end of the Q3 consolidated accounting period for FY March 2026, total assets stood at 277,853 million yen, a decrease of 3,898 million yen compared to the previous fiscal year-end. Net assets increased by 4,177 million yen to 140,890 million yen, and the equity ratio improved to 50.2%. The full-year earnings guidance for FY March 2026 projects net sales of 302,000 million yen (0.5% increase YoY), operating income of 7,000 million yen (32.1% increase YoY), and net income attributable to owners of parent of 7,800 million yen (22.1% increase YoY), with no revisions from the previous forecast.