TOKYO, May 12 (Pulse News Wire) – Osaka Steel CO.,LTD. (5449.T) reported its consolidated earnings results for the fiscal year ended March 31, 2026.
Compared to the forecast released on October 30, 2025, operating profit decreased by 57.7%, while ordinary profit increased by 5.0%. Key figures showed: - Forecast sales revenue was ¥79.30 billion, but actual sales came in at ¥74.79 billion. - Operating profit was projected at ¥2.550 billion, falling to ¥1.078 billion. - Ordinary profit was estimated at ¥3.050 billion, rising to ¥3.204 billion.
- Net income per share was expected to be ¥74.3 million, dropping to --¥722.0 million. The decline in operating profit was attributed to lower-than-expected shipment volumes due to a downturn in construction demand and margin deterioration caused by raw material price increases. However, ordinary profit saw an increase due to favorable foreign exchange gains. Additionally, net income was negatively impacted by special losses totaling 193.5 billion yen related to the winding down of PT.
Krakatau Osaka Steel and a further 45 billion yen in exit costs associated with business withdrawal activities.
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