HOKUETSU METAL Co.,Ltd. [5446.T]
TOKYO, May 12 (Pulse News Wire) – Hokuetsu Metal CO.,LTD. (5446.T) reported its fiscal third quarter results for the period ending March 31, 2026, which showed variations from the previously announced forecast released on February 5, 2026.
According to the latest figures, the company's revenue was higher than initially projected, while operating profit and ordinary profit exceeded expectations due to increased sales of construction products such as shear reinforcement bars and improved performance from subsidiary Cortex Corporation. Additionally, product pricing adjustments contributed positively to the bottom line, leading to a higher-than-expected net income per share.
Specifically, the revised earnings report shows: - Revenue: ¥2.48 billion (previously estimated at ¥2.47 billion) - Operating Profit: -¥350 million (previously estimated at -¥339 million) - Ordinary Profit: -¥309 million (unchanged from previous estimate) - Net Income Attributable to Shareholders: -¥201 million (unchanged from previous estimate) - Earnings Per Share: ¥120 (unchanged from previous estimate) The differences arise primarily from lower sales volumes of specialty steel bars, partially offset by stronger-than-anticipated sales of construction-related products and cost management improvements.
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