Differences arose between the second-quarter forecast and results for the fiscal year ending March 2027, prompting a revision to the full-year forecast. Net sales were increased from the previous forecast, while components of operating income and net income showed variation. Considering deteriorating profitability at a domestic steel subsidiary and foreign exchange factors, full-year net sales are set at 180,000 hundred million yen and operating income is adjusted to 2,200 million yen (downward revision), with some metrics revised 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-02","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/5444-20261102-03.pdf","jir_short_summary":"Differences arose between the second-quarter forecast and results for the fiscal year ending March 2027, prompting a revision to the full-year forecast. Net sales were increased from the previous forecast, while components of operating income and net income showed variation. Considering deteriorating profitability at a domestic steel subsidiary and foreign exchange factors, full-year net sales are set at 180,000 hundred million yen and operating income is adjusted to 2,200 million yen (downward revision), with some metrics revised upward.","jir_summary":"### Summary of Revision to Earnings Guidance\nThis report discloses the differences between the consolidated earnings guidance and actual results for the second quarter (April 1, 2026 to September 30, 2026) and revises the full-year consolidated earnings guidance. The primary cause of the variance was a decline in operating income due to worsening profitability in the domestic consolidated subsidiary's steel business and the recording of inventory valuation losses. However, a weaker yen trend and strong performance at U.S. affiliated companies contributed to increases in ordinary income and net income attributable to owners of the parent. The revised full-year guidance is: net sales 180,000 hundred million yen, operating income 2,200 million yen, ordinary income 95,500 million yen, net income attributable to owners of parent 62,000 million yen, and net income per share 1,037.59 yen.\n\n### Outlook and Points to Note\nThe earnings guidance is based on reasonable assumptions at this time but contains inherent uncertainties. Recovery of profitability in the domestic steel business is expected to require time, and the figures may be revised again depending on future foreign exchange movements and the performance of affiliated companies.","jir_financial_highlights":"Net Sales: 180,000 hundred million yen (Compared with previous forecast: +2,000 million yen, increase)\nOperating Income: 2,200 million yen (Compared with previous forecast: -1,000 million yen, decrease)\nOrdinary Income: 95,500 million yen (Compared with previous forecast: +8,500 million yen, increase)\nNet Income Attributable to Owners of Parent: 62,000 million yen (Compared with previous forecast: +4,500 million yen, increase)\nNet Income Per Share: 1,037.59 yen (Compared with previous forecast: +75.29 yen, increase)","jir_category":"","jir_hashtags":"#YamatoKogyo, #EarningsRevision","jir_key_figures":"Net Sales: 180,000 hundred million yen\nOperating Income: 2,200 million yen\nOrdinary Income: 95,500 million yen","jir_meta_title":"Yamato Kogyo Co., Ltd. Revises Full-Year Earnings Guidance | Fiscal Year Ending March 2027","jir_meta_description":"Yamato Kogyo announced differences between results and guidance for the second quarter of FY ending March 2027 and has revised its full-year forecast. Revised guidance: net sales 180,000 hundred million yen, ordinary income 95,500 million yen, net income attributable to owners of parent 62,000 million yen, and earnings per share 1,037.59 yen.","jir_og_title":"Yamato Kogyo Revises Full-Year Guidance; Profitability Expected to Increase","jir_og_description":"Yamato Kogyo disclosed variances between second-quarter results and guidance for the fiscal year ending March 2027 and revised its full-year forecast. Ordinary income is estimated at 95,500 million yen and EPS at 1,037.59 yen.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7736,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"earnings_guidance","footnotes":""},"sector":[],"importance":[],"class_list":["post-139517","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n