Osaka Steel (5449) Q1 2027 earnings summary

Executive summary

• Net sales for Q1 FY2026 were ¥23,121 million, down 10.3% year-over-year.

• Operating loss narrowed to ¥182 million from ¥475 million in the prior year.

• Ordinary profit improved to ¥177 million from a loss of ¥1,586 million year-over-year.

• Loss attributable to owners of parent was ¥9 million, a significant improvement from ¥1,485 million loss last year.

Financial highlights

• Gross profit was ¥1,708 million, nearly flat year-over-year.

• Comprehensive income improved to a loss of ¥497 million from a loss of ¥1,656 million year-over-year.

• Earnings per share after full dilution improved to ¥(0.33) from ¥(49.66) year-over-year.

• Total assets decreased to ¥146,764 million from ¥153,778 million at the end of FY2025.

• Shareholders' equity ratio increased to 75.5% from 72.4% at the end of FY2025.

Outlook and guidance

• Full-year FY2026 net sales forecast at ¥100,000 million, down 1.2% year-over-year.

• Operating profit forecast at ¥1,000 million, ordinary profit at ¥1,000 million, and profit attributable to owners of parent at ¥300 million.

• Earnings per share forecast for FY2026 is ¥10.03.

• Dividend forecast for year-end FY2026 is undetermined; interim dividend is ¥0.00.