Osaka Steel (5449) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 FY2025 declined 18.5% year-over-year to ¥25,771 million, with a shift from operating profit of ¥2,151 million to an operating loss of ¥475 million.

• Ordinary profit dropped from ¥3,526 million to a loss of ¥1,586 million year-over-year.

• Profit attributable to owners of parent fell from ¥2,317 million to a loss of ¥1,485 million.

• Comprehensive income turned negative at ¥(1,656) million, compared to ¥2,180 million in the prior year.

Financial highlights

• Gross profit decreased from ¥4,197 million to ¥1,685 million year-over-year.

• Earnings per share dropped from ¥59.55 to ¥(49.66) year-over-year.

• Total assets decreased from ¥203,485 million at March 31, 2025 to ¥171,346 million at June 30, 2025.

• Net assets declined from ¥158,211 million to ¥133,751 million over the same period.

Outlook and guidance

• Full-year FY2025 net sales forecast revised to ¥105,000 million, down 9.8% year-over-year.

• Operating profit forecast at ¥1,800 million, down 66.2% year-over-year.

• Profit attributable to owners of parent projected at ¥0 million for FY2025, with EPS of ¥(26.74).

• Dividend forecast for FY2025 set at ¥0 per share, revised from prior guidance.