JFE Holdings, Inc.
Fiscal Year Ending March 2026 Q3 Financial Summary [IFRS] (Consolidated)
For the third quarter of the fiscal year ending March 2026, revenue was 3,380,270 million yen (9% decrease YoY), operating income was 79,224 million yen (44.1% decrease YoY), and quarterly profit was 63,397 million yen (36.7% decrease YoY).
Key Figures
- Revenue: 3,380,270 million yen (9% decrease YoY)
- Operating Income: 79,224 million yen (44.1% decrease YoY)
- Quarterly Profit: 63,397 million yen (36.7% decrease YoY)
AI要約
Overview of Financial Results
In the consolidated financial results for the third quarter of the fiscal year ending March 2026, revenue was 3,380,270 million yen, a 9% decrease compared to the same period last year. Operating income was 79,224 million yen, down 44.1% YoY, and quarterly profit was 63,397 million yen, down 36.7% YoY. Basic quarterly earnings per share declined to 95.73 yen from 157.38 yen in the same period last year. On the consolidated balance sheet, total assets stood at 5,758,525 million yen, and equity attributable to owners of the parent totaled 2,554,080 million yen, resulting in an equity ratio of 44.4%. The dividend is forecasted at 80.00 yen annually, representing a decrease from 100.00 yen in the previous period.
Segment Performance and Outlook
The steel segment recorded revenue of 2,065,089 million yen and segment profit of 23,368 million yen, both declined compared to the prior year period. The engineering and trading segments also experienced profit decreases on a YoY basis. For the full fiscal year ending March 2026, the Company forecasts revenue of 4,600,000 million yen (5.3% decrease YoY), operating income of 140,000 million yen (3.4% decrease YoY), and net income attributable to owners of the parent of 75,000 million yen (18.4% decrease YoY). There were no changes to the scope of consolidation or accounting policies, and no revisions have been made to the earnings guidance.
Corporate Activities Update
JFE Steel has resolved to invest in BPSL, a subsidiary of JSW Steel Limited in India, to start a joint venture business. BPSL owns an iron ore mine and an integrated steelworks in eastern India with a crude steel production capacity of 4.5 million tons. The plan is to expand capacity to approximately 10 million tons by 2030, aiming to establish one of the largest integrated steelworks in India. JFE Steel positions this as its third integrated steelworks and intends to expand overseas business profitability through this initiative.
