Osaka Steel Co., Ltd.
Notice of Differences Between Consolidated Forecast and Results for Q2 (Interim) of Fiscal Year Ending March 2027 and Revision of Full-Year Earnings Forecast
Announces variances between Q2 results and prior forecasts. Full-year forecast revised downward, mainly due to production and shipment impacts from the Kumamoto earthquake and foreign exchange loss. Further impacts are expected to continue.
Key Figures
- Net Sales: 40,951 million yen (Down 4,049 million yen versus prior forecast, -9.0%)
- Operating Income: -1,236 million yen (Down 36 million yen versus prior forecast)
- Ordinary Income: -2,758 million yen (Down 1,358 million yen versus prior forecast)
AI要約
Overview of Results
Consolidated net sales for the second quarter amounted to 40,951 million yen, a decrease of 4,049 million yen compared with the prior forecast. Operating income and ordinary income were both negative, and net income attributable to owners of the parent for the interim period was -2,965 million yen, resulting in interim net income per share of -99.12 yen. The primary causes were the impact of the Kumamoto earthquake and foreign exchange losses, leading to a downward revision of the full-year forecast.
Outlook and Impact Factors
The full-year earnings forecast is expected to fall below the prior forecast, taking into account continued production and shipment disruptions caused by the Kumamoto earthquake and fluctuations in inventory valuation. Additional costs related to earthquake effects and exchange rate movements are expected in the second half, and recovery of performance may require time.
Osaka Steel Co., Ltd.
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