Nippon Yakin Kogyo Co., Ltd.
Notice regarding revisions to earnings guidance
Adjusted the cumulative second quarter and full-year consolidated earnings forecast for the FY2027. Revenue is revised upward by 5,000 million yen for the cumulative second quarter and 5,000 million yen for the full year; operating profit is up 3,000 million yen for the cumulative second quarter and 3,000 million yen for the full year; other factors include improvements in the high-function materials and semiconductor-related demand and expanded inventory valuation gains. The second half is expected to recover, and the dividend forecast remains the same as before. Exchange rate and raw material price assumptions are shown in the notes.
Key Figures
- Revenue (cumulative Q2): 85,000 million yen
- Operating profit (cumulative Q2): 9,000 million yen
- Net income attributable to owners of parent (full year): 9,000 million yen
AI要約
Overview of revisions to earnings guidance
Nihon Iron & Metal Industry Co., Ltd. has revised its consolidated earnings guidance for the second quarter (cumulative) and full year of the fiscal year ending March 2027. Revenue for the cumulative second quarter rose to 85,000 million yen (up 5,000 million yen from the previous forecast), and full-year revenue to 174,000 million yen (up 5,000 million yen from the previous forecast). Operating profit for the cumulative second quarter was revised to 9,000 million yen and full-year to 16,000 million yen. Ordinary income was adjusted from 8,000 million yen to 14,500 million yen, and net income attributable to owners of parent from 4,500 million yen to 9,000 million yen. Earnings per share is also expected to rise from 324.82 yen to 649.65 yen.
Drivers and outlook
Improvement in the stainless specialty steel market driven by a recovery in semiconductor-related demand, along with increased demand in strategic high-function materials, are contributing to profitability. Higher sales volumes and expanded inventory valuation gains are lifting profits, and the outlook for the second half anticipates a similar level of earnings improvement as in the first half. The dividend forecast remains at 110 yen for both interim and year-end with potential for additional disclosures depending on progress. The exchange rate assumption is 155 yen/US$, and nickel price assumption is based on 7.5 US$/lb.
日本冶金工業株式会社
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