First Quarter Financial Summary (Consolidated)

Performance Overview

Kyoei Steel reported consolidated revenue of 87,118 million yen (YoY +17.5%), operating income of 3,404 million yen (YoY +94.4%), and net income of 2,650 million yen (YoY +3.4 times) for the first quarter of the fiscal year ending March 2027. The domestic and international steel product businesses performed steadily, with notable contributions from increased overseas sales and price adjustments. Stringent cost management and expanded sales efforts significantly improved profitability.

Future Outlook and Investor Impact

With continued steady demand for steel products domestically and internationally, the company anticipates ongoing business expansion and profit improvement. Particular emphasis is placed on expanding overseas sales and acquiring new customers, leading to an upward revision of its full-year earnings forecast for 2027. For investors, the strong performance and growth strategy are expected to enhance stock prices and dividend payments.