The Japan Steel Works (5631) investor relations material

Executive summary

• Orders received in Q1 FY2026 reached ¥77.5 billion, representing 22.8% of the full-year forecast, with steady growth in line with expectations.

• Net sales for Q1 were ¥58.1 billion, 18.7% of the annual target, and profits progressed generally as planned.

• Net sales for the quarter ended June 30, 2026, were ¥58,172 million, down 13.9% year-over-year.

• Operating profit rose 11.2% year-over-year to ¥5,865 million.

• Profit attributable to owners of parent increased 35.4% year-over-year to ¥5,932 million.

Financial highlights

• Operating profit for Q1 was ¥5.8 billion (21.5% of full-year forecast), with an operating margin of 10.1%.

• Ordinary profit reached ¥6.1 billion (23.5% of forecast), and profit attributable to owners was ¥5.9 billion (31.1% of forecast).

• EBITDA for Q1 was ¥8.3 billion, 21.2% of the annual forecast.

• Gross profit for the quarter was ¥15,960 million, up from ¥15,275 million year-over-year.

• Basic earnings per share for the quarter were ¥80.60, up from ¥59.53 year-over-year.

Outlook and guidance

• Orders, sales, and profits are progressing in line with full-year forecasts, indicating confidence in achieving targets.

• Full-year forecast for fiscal year ending March 31, 2027: net sales ¥310,000 million (up 12.8%), operating profit ¥27,000 million (up 6.7%), ordinary profit ¥26,000 million (down 0.2%), profit attributable to owners of parent ¥19,000 million (down 1.2%), and basic EPS ¥258.11.

• No revisions to previously announced earnings or dividend forecasts.