For the third quarter of the fiscal year ending March 2026, net sales were 201,846 million yen (down 20.8% YoY), operating income was 8,175 million yen (down 65.2%), and quarterly net income was 9,399 million yen (down 44.3%). Full-year earnings forecast was revised to net sales of 272,200 million yen (down 16.7% YoY) and operating income of 8,200 million yen (down 72.8%).<\/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,"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":"5423","jir_company_name":"Tokyo Steel Manufacturing Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-01-23","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/5423-20260123-01.pdf","jir_short_summary":"For the third quarter of the fiscal year ending March 2026, net sales were 201,846 million yen (down 20.8% YoY), operating income was 8,175 million yen (down 65.2%), and quarterly net income was 9,399 million yen (down 44.3%). Full-year earnings forecast was revised to net sales of 272,200 million yen (down 16.7% YoY) and operating income of 8,200 million yen (down 72.8%).","jir_summary":"### Performance Overview\nNet sales for the cumulative third quarter period of the fiscal year ending March 2026 were 201,846 million yen, a decrease of 20.8% compared to the same period last year. Operating income was 8,175 million yen (down 65.2% YoY), ordinary income was 9,536 million yen (down 61.6%), and quarterly net income was 9,399 million yen (down 44.3%). Product shipment volumes, sales prices, and scrap prices of key raw materials progressed almost as expected. While profits exceeded the plan due to reduced fixed cost burden from increased production volume, revenue and earnings declined year-on-year.\n\n### Financial Condition and Revision to Earnings Forecast\nTotal assets stood at 303,835 million yen, up 10,861 million yen from the previous fiscal year. Total liabilities were 85,140 million yen, an increase of 2,085 million yen, and total net assets were 218,695 million yen, up 8,776 million yen. The equity ratio rose 0.3 points to 72.0% compared to the previous fiscal year. The full-year earnings forecast was revised to net sales of 272,200 million yen (down 16.7% YoY), operating income of 8,200 million yen (down 72.8%), ordinary income of 9,800 million yen (down 69.0%), and net income attributable to owners of parent of 8,800 million yen (down 58.5%). Due to a challenging business environment caused by the Chinese economy slowdown, uncertainty in overseas steel markets, domestic labor shortages, and increased construction costs leading to reduced demand, the company will focus on profitability-oriented policies to improve earnings.","jir_financial_highlights":"Net Sales: 201,846 million yen (Down 20.8% YoY)\nOperating Income: 8,175 million yen (Down 65.2% YoY)\nOrdinary Income: 9,536 million yen (Down 61.6% YoY)\nQuarterly Net Income: 9,399 million yen (Down 44.3% YoY)\nEquity Ratio: 72.0% (Up 0.3 points from previous fiscal year)\nNumber of Issued Shares (Common Stock): 110,064,249 shares (No change from previous period)\nNumber of Treasury Shares: 7,544,089 shares (Increased compared to the same period last year)\nFull-Year Earnings Forecast Net Sales: 272,200 million yen (Revised from previous forecast (down 16.7% YoY))\nFull-Year Earnings Forecast Operating Income: 8,200 million yen (Revised from previous forecast (down 72.8% YoY))","jir_category":"","jir_hashtags":"#TokyoSteelManufacturing, #FinancialSummary, #JapaneseStock","jir_key_figures":"Net Sales: 201,846 million yen (Down 20.8% YoY)\nOperating Income: 8,175 million yen (Down 65.2% YoY)\nQuarterly Net Income: 9,399 million yen (Down 44.3% YoY)","jir_meta_title":"Tokyo Steel Manufacturing 3Q FY2026 Financial Summary - Net Sales Down 20.8%, Operating Income Down 65.2%","jir_meta_description":"Tokyo Steel Manufacturing Co., Ltd. releases its 3Q FY2026 financial summary, reporting net sales of 201,846 million yen (down 20.8% YoY) and operating income of 8,175 million yen (down 65.2%). Full-year earnings forecast revised reflecting challenging business environment.","jir_og_title":"Tokyo Steel Manufacturing Announces 3Q FY2026 Financial Summary","jir_og_description":"Tokyo Steel Manufacturing\u2019s FY2026 3Q financial summary shows decreased sales and profits year-over-year, with revisions to the full-year earnings forecast.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Net Sales Trend (Million Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"3Q FY2025\\\",\\\"3Q FY2026\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[254712,201846],\\\"backgroundColor\\\":\\\"#3366CC\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Operating Income Trend 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