TOKYO, Apr 24 (Pulse News Wire) – JFE Systems, Inc. (4832.T) reported lower revenue and profits for the fiscal year ended March 31, 2026, compared to the previous fiscal year.
For the fiscal year ending March 31, 2026, the company's earnings per share showed a decline. Sales decreased by ¥6.777 billion to ¥51.46 billion, while ordinary profit fell by ¥1.071 billion to ¥5.737 billion. Net profit dropped by ¥1.097 billion to ¥4.012 billion.
The reduction in sales was primarily due to a decrease in work volume related to steelworks operations for JFE Steel Corporation, despite growth in key areas such as the foundation business division and ERP systems. Additionally, increased costs associated with research and development, internal system investments, and personnel recruitment and training contributed to reduced profitability. Furthermore, the company recorded a significant impairment loss on its investment securities related to non-listed shares, leading to a net income decrease of ¥1.097 billion.
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