Osaka Steel revises FY27 forecasts due to margin pressures

TOKYO, Jul 30 (Pulse News Wire) – Osaka Steel CO.,LTD. (5449.F) revised its fiscal year 2027 earnings forecast due to margin pressures stemming from rising raw material costs and increased power expenses.

For the six months ending September 30, 2026, the company now expects revenue of ¥45.00 billion, operating profit of ¥1.200 billion, ordinary income of ¥1.400 billion, and net income per share of ¥. This represents a decrease of ¥4 billion in revenue, ¥1.200 billion in operating profit, ¥1.500 billion in ordinary income, and ¥1 billion in net income compared to previous estimates. Looking ahead to the full fiscal year ending March 31, 2027, Osaka Steel projects revenue of ¥100.0 billion, operating profit of ¥1 billion, ordinary income of ¥1 billion, and net income per share of ¥10.0 million.

These figures represent increases of ¥5 billion in revenue but decreases of ¥1.200 billion in operating profit, ¥1.500 billion in ordinary income, and ¥1 billion in net income compared to prior forecasts. The revisions reflect challenges in adjusting selling prices to offset higher input costs and energy expenses amid volatile market conditions. Detailed explanations are available in the attached documents accompanying today's interim report.