Q1 FY2027 Financial Results | Sales of ¥81,603 million (YoY +8.7%)

Overview of Business Performance

In the first quarter of FY2027, Aichi Steel achieved net sales of ¥81,603 million (YoY +8.7%), maintaining revenue growth. However, due to declining selling prices and rising costs of purchased goods, operating profit decreased by ¥4,364 million (△3.6%) and net income dropped by ¥3,171 million (△11.1%). Segment-wise, increased sales volume of special steel and stainless steel contributed to overall sales growth, but profit was impacted by rising costs. Total assets expanded to ¥406,337 million, with liabilities also increasing. Cash flows are trending upward, with cash and cash equivalents at the end of the period reaching ¥38,471 million.

Forecasts and Impact on Shareholders

Full-year FY2027 forecasts project sales of ¥310,000 million (YoY +1.9%) and net income of ¥11,300 million (+0.5%), indicating steady performance. Dividends are expected to be maintained at ¥75 (ordinary dividend ¥36 + special dividend ¥39), continuing shareholder return policies. The company plans to stabilize profits through cost management and increased sales volume. It is also strengthening financial health by increasing assets and liabilities, and continues its strategy for long-term growth.