Fiscal Year Ending March 2026 Financial Summary [IFRS] (Consolidated)

Overview of Performance

Consolidated revenue for the fiscal year ending March 2026 reached 304,341 million yen (YoY +1.7%) contributed by increased sales volume. Operating income rose significantly to 17,371 million yen (+44.6%), income before tax was 18,485 million yen (+55.2%), and net income attributable to owners of parent was 11,248 million yen (+43.8%). By segment, the Steel Company saw a sales volume increase but revenue decrease due to price declines, the Stainless Steel Company experienced lower sales volume and prices resulting in reduced revenue, while the Forging Company and Smart Company achieved revenue growth.

Financial Position, Dividends, and Outlook

Total assets slightly declined to 398,843 million yen compared with the previous fiscal year, liabilities decreased to 149,916 million yen, and total equity rose to 248,926 million yen. The annual dividend was 145 yen 00 sen (payout ratio 85.0%), down from 160 yen 00 sen last fiscal year but included a special dividend. Earnings guidance for the fiscal year ending March 2027 projects revenue of 310,000 million yen (+1.9%), operating income of 17,500 million yen (+0.7%), and net income attributable to owners of parent of 11,300 million yen (+0.5%).