KOGI Reports Lower Revenue and Profits for Fiscal Year 2026

TOKYO, May 11 (Pulse News Wire) – Kogi Corporation (5603.T) reported lower revenue and profits for the fiscal year ended March 31, 2026. Revenue decreased to ¥256 million from ¥269 million in the previous year, while operating profit was ¥6 million from ¥11.1 billion.

Ordinary profit declined to ¥6.333 billion from ¥11.3 billion, and net income attributable to parent shareholders dropped to ¥470 million from ¥798 million. The company's casting field division saw mixed performance, with robust demand for shipbuilding forgings offset by weaker orders for special steel molds and automotive press dies.

Environmental engineering and functional materials segments also faced challenges, contributing to overall reduced profitability. Kogi plans to hold its annual general meeting on June 26, 2026, and expects to initiate dividend payments beginning June 29, 2026.

The company anticipates a dividend payout ratio of 32.8% for the next fiscal year ending March 31, 2027.