Osaka Steel (5449) Q2 2026 earnings summary

Executive summary

• Net sales for the first half of fiscal 2025 declined 18.9% year-over-year to ¥48,641 million.

• Operating profit turned negative at ¥(170) million, down from ¥2,394 million in the prior year.

• Ordinary profit was a loss of ¥1,324 million, compared to a profit of ¥1,901 million a year ago.

• Profit attributable to owners of parent was a loss of ¥1,550 million, versus a profit of ¥1,158 million in the previous year.

Financial highlights

• Gross profit fell to ¥3,869 million from ¥6,215 million year-over-year.

• Earnings per share dropped to ¥(51.81) from ¥29.77 year-over-year.

• Comprehensive income was a loss of ¥2,550 million, compared to a gain of ¥3,858 million last year.

• Total assets decreased to ¥170,326 million from ¥203,485 million at the end of the previous fiscal year.

• Net assets declined to ¥132,858 million from ¥158,211 million at the previous fiscal year-end.

Outlook and guidance

• Full-year fiscal 2025 net sales forecast at ¥105,000 million, down 9.8% year-over-year.

• Operating profit projected at ¥1,800 million, a 66.2% decrease year-over-year.

• Ordinary profit forecasted at break-even (¥0 million), down 100% year-over-year.

• Profit attributable to owners of parent expected to be a loss of ¥800 million (EPS: ¥(26.74)).