AICHI STEEL CORPORATION [5482.T]
TOKYO, May 07 (Pulse News Wire) – Aichi Steel Corporation (5482.T) reported record revenue and operating profit for the fiscal year ended March 2026. Revenue reached ¥3.300 billion, up 43%, while operating profit surged to ¥173 billion, marking a 53% increase compared to the previous fiscal year.
The steel company attributed the growth to lower input prices, cost reductions, and higher sales volumes across its subsidiaries. In detail, the Steel Company saw a decrease in revenue but increased profitability, achieving an 81% operating margin. Conversely, the Stainless Steel Company experienced reduced revenues and profits, ending with a mere 4% operating margin. However, the Forging Company and Smart Company both posted increases in both revenue and operating profit, contributing positively to overall performance.
For the upcoming fiscal year ending March 2027, Aichi Steel forecasts revenue of ¥3,500 billion and operating profit of ¥175 billion. The company plans to continue focusing on efficiency improvements and capital allocation strategies aimed at enhancing shareholder returns. Additionally, Aichi Steel announced a dividend payout ratio of more than 72% for the current fiscal year, with a total dividend per share of ¥150 planned for the next fiscal year. The company also highlighted its ongoing efforts to strengthen its mid-term plan through strategic investments and operational enhancements, aiming to achieve a robust return on equity (ROE) target of over 15% by 2030.
🔴 Confidence: Review recommended AI-translated content.