Net sales were 177,703 million yen, up 14.9% year-over-year. Operating income was 6,112 million yen, down 33.6%, ordinary income was 5,929 million yen, down 30.1%, and interim net income attributable to owners of parent was 3,262 million yen, down 40.0%. By segment, domestic steel struggled while overseas steel posted higher sales and profits. Environmental recycling saw higher sales and profits. Full-year earnings forecast was revised downward; dividend forecast unchanged. 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Operating income was 6,112 million yen, down 33.6%, ordinary income was 5,929 million yen, down 30.1%, and interim net income attributable to owners of parent was 3,262 million yen, down 40.0%. By segment, domestic steel struggled while overseas steel posted higher sales and profits. Environmental recycling saw higher sales and profits. Full-year earnings forecast was revised downward; dividend forecast unchanged. No share buyback planned.","jir_summary":"### Overview of Results\nFor the second quarter (interim) of the fiscal year ending March 2027, consolidated net sales expanded to 177,703 million yen, up 14.9% year-over-year. However, operating income declined significantly to 6,112 million yen, ordinary income was 5,929 million yen, and interim net income attributable to owners of parent was 3,262 million yen, all below the prior-year levels. By segment, domestic steel experienced weaker demand and decreased profits, while overseas steel achieved higher sales and profits, contributing to overall revenue growth. Environmental recycling recorded higher sales and profits, and other businesses remained steady. A financial results briefing is planned, and earnings forecasts have been revised downward.\n\n### Outlook and Dividends\nThe full-year earnings forecast has been revised downward from the previous outlook, but the dividend forecast remains unchanged, and a dividend payment start date is set within the fiscal year. Future results may be affected by steel demand trends in the Americas, raw material cost movements, and scrap steel price trends. Based on interim results, whether domestic steel demand recovers in the second half will be a key focus.","jir_financial_highlights":"Net sales: 177,703 (YoY +14.9%)\nOperating income: 6,112 (YoY -3,096 million yen)\nOrdinary income: 5,929 (YoY -2,553 million yen)\nInterim net income attributable to owners of parent: 3,262 (YoY -2,171 million yen)\nFull-year net sales forecast: 362,000 (Revised downward from previous forecast)\nDividend payment start date: 2026-12-07 (Unchanged)","jir_category":"","jir_hashtags":"#KyoeiSteel, #FinancialResults, #Interim, #BySegment, #EarningsForecastRevision","jir_key_figures":"Net sales: 177,703 million yen\nOperating income: 6,112 million yen\nInterim net income attributable to owners of parent: 3,262 million yen","jir_meta_title":"Kyoei Steel Ltd. Financial Summary | Q2 Interim FY2027 - Sales Up, Full-Year Forecast Revised Down","jir_meta_description":"Summary of Kyoei Steel Ltd.'s Q2 interim financial results for FY2027. Net sales +14.9% YoY; operating income declined. Details on segment performance, full-year forecast revision, and dividend status.","jir_og_title":"Kyoei Steel Ltd. | Financial Summary (Interim) FY2027","jir_og_description":"Kyoei Steel Ltd.'s Q2 interim results: net sales increased year-over-year while operating income decreased. Strong performance in overseas steel. Full-year forecast revised; dividend unchanged.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Revenue Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2026\/4\\\",\\\"2026\/7\\\",\\\"2026\/9\\\",\\\"2027\/3\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net sales\\\",\\\"data\\\":[154683,177703, not_null, not_null]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Profit Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2026\/4\\\",\\\"2026\/7\\\",\\\"2026\/9\\\",\\\"2027\/3\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating income\\\",\\\"data\\\":[9208,6112, not_null, not_null]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Revenue by Segment\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Domestic steel\\\",\\\"Overseas steel\\\",\\\"Environmental recycling\\\",\\\"Other\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net sales\\\",\\\"data\\\":[62890,109934,3179,2501]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Margin Analysis\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Net sales\\\",\\\"Operating income\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net profit margin\\\",\\\"data\\\":[3.262\/177.703, 6.112\/177.703]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"table\", \"jir_chart_title\": \"Forecast vs. Actual Comparison\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"table\\\",\\\"data\\\":{}}\"}]","ir_related_company":9540,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-137321","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n