Subsidiary Geostar announced differences between its forecast and actual results for the second quarter of the fiscal year ending March 2027. Consolidated and non-consolidated sales declined while profits improved and exceeded forecasts despite lower sales. There is no change to the full-year forecast at this time.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"5401","jir_company_name":"Nippon Steel Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-06","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/5401-20261106-01.pdf","jir_short_summary":"Subsidiary Geostar announced differences between its forecast and actual results for the second quarter of the fiscal year ending March 2027. Consolidated and non-consolidated sales declined while profits improved and exceeded forecasts despite lower sales. There is no change to the full-year forecast at this time.","jir_summary":"### Overview of Differences\nGeostar Co., Ltd. announced that for the second quarter of the fiscal year ending March 2027, consolidated net sales declined due to timing shifts of segment products and other factors. On the profit side, some of the reduced sales were offset by higher-margin transactions; cost increases for contracts from prior fiscal years were partially absorbed through price revisions; and delays in recording certain expense items until the second half also contributed, resulting in results that exceeded the previous forecast. As a result, operating income, ordinary income, and interim net income attributable to owners of the parent increased. There is no change to the full-year forecast at this time.\n\n### Outlook and Impact on Shareholders\nAlthough the full-year forecast remains unchanged, a challenging environment is expected to continue due to seasonal gaps in segment markets and project delays for civil engineering products. The company will continue measures to improve profitability and aim to achieve annual targets. Investors should pay attention to the fact that profits have increased despite short-term sales declines.","jir_financial_highlights":"Net Sales (Consolidated): 8,580 million yen (vs. previous forecast -19.0%)\nOperating Income (Consolidated): 144 million yen (vs. previous forecast +100% (0 million yen \u2192 144 million yen))\nOrdinary Income (Consolidated): 193 million yen (vs. previous forecast +100% (0 million yen \u2192 193 million yen))\nNet Income Attributable to Owners of Parent (Interim, Consolidated): 951 million yen (vs. previous forecast +16.0%)\nEarnings Per Share (Interim, Consolidated): 35.59 yen (vs. previous forecast -)\nNet Sales (Non-consolidated): 8,531 million yen (vs. previous forecast -19.5%)\nOperating Income (Non-consolidated): 185 million yen (vs. previous forecast +185 million yen)\nOrdinary Income (Non-consolidated): 240 million yen (vs. previous forecast +240 million yen)\nNet Income (Interim, Non-consolidated): 1,090 million yen (vs. previous forecast +12.4%)","jir_category":"","jir_hashtags":"#NipponSteel, #SubsidiaryVarianceReportImportance","jir_key_figures":"Net Sales (Consolidated): 8,580 million yen\nOperating Income (Consolidated): 144 million yen\nNet Income Attributable to Owners of Parent (Interim): 951 million yen","jir_meta_title":"Nippon Steel Corporation: Subsidiary Reports Performance Variances\uff5cConsolidated and Non-consolidated Profits Rise, Full-year Forecast Unchanged","jir_meta_description":"Nippon Steel's subsidiary Geostar disclosed variances between its forecast and actual results for the second quarter of the fiscal year ending March 2027. Consolidated and non-consolidated profits exceeded forecasts despite a decline in sales. Full-year forecast remains unchanged. Detailed figures and background explained.","jir_og_title":"Subsidiary Variance Report Published\uff5cMovement in Nippon Steel Corporation's Consolidated and Non-consolidated Results","jir_og_description":"Analysis of Geostar's second-quarter variance report: profits improved while sales declined. Full-year forecast remains unchanged. Please refer to the IR materials for details.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":6897,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-144066","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n