Revised standalone earnings guidance for the cumulative second quarter and full fiscal year for the fiscal year ending March 2027. For the cumulative second quarter, net sales decreased from the previous forecast while operating income and ordinary income improved. For the full year, net sales were revised upward and operating income is expected to return to profit. The company will continue to prioritize profitability and promote cost reductions in light of supply-demand trends and raw material price fluctuations. 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For the cumulative second quarter, net sales decreased from the previous forecast while operating income and ordinary income improved. For the full year, net sales were revised upward and operating income is expected to return to profit. The company will continue to prioritize profitability and promote cost reductions in light of supply-demand trends and raw material price fluctuations. Achievement depends on raw material costs and market conditions.","jir_summary":"### Overview of Revision to Earnings Guidance\nTokyo Steel Manufacturing Co., Ltd. has revised its standalone earnings guidance for the cumulative second-quarter period and the full fiscal year for the fiscal year ending March 2027. For the cumulative second quarter, net sales fell short of the previous forecast; however, scrap iron prices, the main raw material, were lower than assumed, and combined with higher product shipment unit prices, an improvement in operating income is anticipated. For the full year, net sales have been revised upward, and operating income, ordinary income and net income are expected to improve substantially. Going forward, the company will respond promptly to product supply-demand conditions and raw material trends and will thoroughly pursue cost reductions.\n\n### Outlook and Impact for Investors\nThe revisions, including the expectation of returning to profitability for the full year, depend on reductions in raw material costs and successful price pass-through to product prices. The company will continue to strengthen systems to flexibly respond to changes in domestic and international supply-demand conditions and raw material circumstances and will promote company-wide cost reductions. Investors should note that while short-term market trends may have an impact, the strengthened outlook for full-year profitability is a key point of interest.","jir_financial_highlights":"Net Sales: 150,400 million yen (Revision from previous forecast (A) 155,000 million yen, -4,600)\nOperating Income: -3,500 million yen (Revision from previous forecast (A) -4,000 million yen, +500)\nOrdinary Income: -3,150 million yen (Revision from previous forecast (A) -3,000 million yen, +150)\nInterim Net Income: 2,250 million yen (Revision from previous forecast (B) 1,000 million yen, +1,250)\nInterim Net Income per Share: 22.09 yen (Revision from previous forecast 9.81 yen)\nNet Sales (Full Year): 326,000 million yen (Revision from previous forecast (A) 315,000 million yen, +11,000)\nOperating Income (Full Year): 1,000 million yen (Revision from previous forecast -4,000 million yen, +5,000)\nOrdinary Income (Full Year): 2,000 million yen (Revision from previous forecast -2,500 million yen, +4,500)\nNet Income Attributable to Owners of Parent (Full Year): 7,000 million yen (Revision from previous forecast 1,000 million yen, +6,000)\nNet Income per Share (Full Year): 69.28 yen (Revision from previous forecast 9.81 yen)","jir_category":"","jir_hashtags":"#TokyoSteelManufacturing, #RevisionToEarningsGuidance","jir_key_figures":"Net Sales: Cumulative second quarter 150,400 million yen \/ Full year 326,000 million yen\nNet Income per Share: 69.28 yen\nInterim Net Income: 2,250 million yen","jir_meta_title":"Tokyo Steel Manufacturing: Revised Earnings Guidance\uff5cFull-Year Net Income Estimated at 7,000 million yen","jir_meta_description":"Tokyo Steel Manufacturing Co., Ltd. has revised its cumulative second-quarter and full-year standalone earnings guidance for the fiscal year ending March 2027. Net sales were raised to 326,000 million yen and profits are expected to improve significantly. Changes in raw material trends and price revisions are cited as factors. Continued cost reductions and supply-demand responses will be important.","jir_og_title":"Tokyo Steel Manufacturing Revises Earnings Guidance, Expects Full-Year Return to Profit","jir_og_description":"Tokyo Steel Manufacturing Co., Ltd. has revised its cumulative second-quarter and full-year earnings guidance. Net sales for the full year are 326,000 million yen and net income per share is revised up to 69.28 yen. Raw material trends and price revisions are driving factors.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9198,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"earnings_guidance","footnotes":""},"sector":[],"importance":[],"class_list":["post-132057","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n