For the nine months ended March 2026, consolidated operating income increased 34.9% YoY to 23.97 billion yen. The full-year earnings forecast has been revised downward to net sales of 243.3 billion yen and operating income of 31.5 billion yen.<\/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":"5463","jir_company_name":"Maruichi Steel Tube Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-09","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/5463-20260209-02.pdf","jir_short_summary":"For the nine months ended March 2026, consolidated operating income increased 34.9% YoY to 23.97 billion yen. The full-year earnings forecast has been revised downward to net sales of 243.3 billion yen and operating income of 31.5 billion yen.","jir_summary":"### Overview of Financial Performance\nFor the nine months ended March 2026, consolidated operating income was 23.97 billion yen, up 34.9% YoY, supported by a recovery in the U.S. market. Maruichi Steel Tube Ltd. alone posted an 18.0% increase in profits despite a 2.8% decrease in sales volume, prioritizing profitability. Maruichi Stainless Steel Tube experienced a 33.0% profit decline due to reduced exports to the U.S. and sluggish BA pipes for semiconductors. Net sales declined 7.9% YoY to 183.167 billion yen.\n\n### Revision of Earnings Forecast and Dividends\nTaking into account weak demand in the Japan segment, the consolidated full-year plan was revised downward. Net sales are now projected at 243.3 billion yen (down 0.7% from the previous forecast), and operating income at 31.5 billion yen (down 2.8%). However, operating income is expected to increase by 8.6 billion yen compared to the prior fiscal year. Dividends are maintained at the previously announced level, with a dividend payout ratio of 46.7% and an expected total return ratio including share buyback of 117%.","jir_financial_highlights":"Net Sales: 183.167 billion yen (YoY -7.9%)\nOperating Income: 23.97 billion yen (YoY +34.9%)\nOrdinary Income: 25.932 billion yen (YoY +25.4%)\nNet Income Attributable to Owners of Parent (Interim): 17.058 billion yen (YoY +50.9%)\nFull-year Net Sales Forecast: 243.3 billion yen (vs. Previous Forecast -0.7%)\nFull-year Operating Income Forecast: 31.5 billion yen (vs. Previous Forecast -2.8%)\nDividend Payout Ratio: 46.7% (Maintained)\nTotal Return Ratio: 117% (Unknown)","jir_category":"","jir_hashtags":"#MaruichiSteelTube, #FinancialResultsBriefing, #JapaneseStocks","jir_key_figures":"Net Sales: 183.167 billion yen (YoY -7.9%)\nOperating Income: 23.97 billion yen (YoY +34.9%)\nNet Income Attributable to Owners of Parent (Interim): 17.058 billion yen (YoY +50.9%)","jir_meta_title":"Maruichi Steel Tube FY2026 Q3 Earnings: Operating Income up 34.9% but Full-year Forecast Revised Downward","jir_meta_description":"Maruichi Steel Tube's FY2026 Q3 financial results show operating income up 34.9% YoY to 23.97 billion yen. Full-year net sales forecast revised down to 243.3 billion yen and operating income to 31.5 billion yen. Dividend payout ratio maintained at 46.7%.","jir_og_title":"Maruichi Steel Tube FY2026 Q3 Financial Results Announcement","jir_og_description":"Maruichi Steel Tube reports a 34.9% increase in operating income YoY for FY2026 Q3 and partly revises the full-year outlook downward.","jir_og_image_url":"\/assets\/og\/company-financial_summary.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\\\":[\\\"First Half FY2025\\\",\\\"Q3 Cumulative FY2025\\\",\\\"Full Year FY2025\\\",\\\"First Half FY2026\\\",\\\"Q3 Cumulative FY2026\\\",\\\"Revised Full Year FY2026 Forecast\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[133506,198844,261649,120539,183167,243300],\\\"backgroundColor\\\":\\\"#3366cc\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Operating Income Trend (Million Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"First Half FY2025\\\",\\\"Q3 Cumulative FY2025\\\",\\\"Full Year FY2025\\\",\\\"First Half FY2026\\\",\\\"Q3 Cumulative FY2026\\\",\\\"Revised Full Year FY2026 Forecast\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[13000,17725,22918,15422,23907,31500],\\\"backgroundColor\\\":\\\"#dc3912\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"table\", \"jir_chart_title\": \"Operating Income by Segment (Million Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"table\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Japan\\\",\\\"North America\\\",\\\"Asia\\\",\\\"Consolidation Adjustments\\\",\\\"Total\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"FY2026 Q3 Cumulative Results\\\",\\\"data\\\":[15640,4667,3176,423,23907]}]}}\"}, {\"jir_chart_id\": \"profit_contribution_factors\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Factors Influencing Changes in Consolidated Operating Income (Million Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Maruichi Steel Tube\\\",\\\"Maruichi Stainless\\\",\\\"Other Domestic Subsidiaries\\\",\\\"LEAVITT (North America)\\\",\\\"MNT (North America)\\\",\\\"MAC (North America)\\\",\\\"MOST (North America)\\\",\\\"MST-X (North America)\\\",\\\"MMX (Mexico)\\\",\\\"SUNSCO (Vietnam)\\\",\\\"KUMA (India)\\\",\\\"MPST (Philippines)\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Change Amount\\\",\\\"data\\\":[2072,-495,-97,2821,748,1466,436,-366,-14,99,-213,14],\\\"backgroundColor\\\":[\\\"#3366cc\\\",\\\"#dc3912\\\",\\\"#dc3912\\\",\\\"#3366cc\\\",\\\"#3366cc\\\",\\\"#3366cc\\\",\\\"#3366cc\\\",\\\"#dc3912\\\",\\\"#dc3912\\\",\\\"#3366cc\\\",\\\"#dc3912\\\",\\\"#3366cc\\\"]}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"sales_volume_change_factors\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Factors Affecting Sales Volume Changes (tons)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Maruichi Steel Tube\\\",\\\"LEAVITT (U.S.)\\\",\\\"MNT (U.S.)\\\",\\\"MAC (U.S.)\\\",\\\"MOST (U.S.)\\\",\\\"SUNSCO (Vietnam)\\\",\\\"KUMA (India)\\\",\\\"MPST (Philippines)\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Increase\\\",\\\"data\\\":[0,0,0,5361,1955,0,0,0],\\\"backgroundColor\\\":\\\"#3366cc\\\"},{\\\"label\\\":\\\"Decrease\\\",\\\"data\\\":[13868,0,0,0,0,30931,0,0],\\\"backgroundColor\\\":\\\"#dc3912\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}]","ir_related_company":8046,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-26055","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n