Aichi Steel (5482) Q4 2026 earnings summary

Executive summary

• Revenue increased by 1.7% year-over-year to ¥304,341 million for the fiscal year ended March 31, 2026.

• Operating profit rose 44.6% year-over-year to ¥17,371 million, and profit attributable to owners of the parent grew 43.8% to ¥11,248 million.

• Comprehensive income surged to ¥39,006 million from a loss of ¥10,644 million in the prior year, driven by strong other comprehensive income.

Financial highlights

• Gross profit increased from ¥39,941 million to ¥46,339 million year-over-year.

• Basic earnings per share rose to ¥170.63 from ¥99.50, reflecting a 4-for-1 share split.

• Return on equity improved to 4.8% from 3.2% year-over-year.

• Total assets remained stable at ¥398,843 million, while equity attributable to owners of the parent increased to ¥236,265 million.

Outlook and guidance

• Fiscal year ending March 31, 2027, revenue is forecast at ¥310,000 million, up 1.9% year-over-year.

• Operating profit is projected at ¥17,500 million, with profit attributable to owners of the parent at ¥11,300 million.

• Annual dividend forecast for FY2027 is ¥150.00 per share (post-split basis), with a payout ratio of 85%.