Notice of Difference in Financial Results for the Fiscal Year Ending March 2026

Performance Overview

Osaka Steel announced the difference between the projected and actual full-year performance for the fiscal year ending March 2026. Revenue decreased by approximately 4,509 million yen, a 5.7% decrease compared to the same period last year. Operating profit also declined by approximately 1,472 million yen, a 57.7% decrease. Meanwhile, ordinary income increased by 154 million yen, a 5.0% rise, but net income attributable to owners of the parent plummeted by approximately 23,820 million yen, a significant decrease of 721.96%. These differences are attributed to the sluggish construction demand, margin deterioration due to rising scrap prices, and the recording of extraordinary losses associated with the dissolution of consolidated subsidiaries.

Outlook and Impact on Shareholders

The recent performance discrepancy primarily stems from declining revenue due to sluggish construction demand and rising scrap prices. The substantial decrease in net income is also due to extraordinary losses from the dissolution of consolidated subsidiaries. To improve future performance, demand recovery and strengthened cost management are necessary. Investors should monitor short-term fluctuations while reviewing long-term business strategies and cost efficiencies.