Osaka Steel (5449) Q3 2025 earnings summary

Executive summary

• Net sales increased by 1.7% year-over-year to ¥88,143 million for the third quarter of fiscal 2024.

• Operating profit declined 34.4% year-over-year to ¥3,361 million, and ordinary profit fell 25.4% to ¥3,588 million.

• Profit attributable to owners of parent decreased 14.7% year-over-year to ¥2,181 million.

• Comprehensive income dropped 50.2% year-over-year to ¥1,575 million.

Financial highlights

• Gross profit decreased to ¥9,196 million from ¥10,375 million year-over-year.

• Selling, general and administrative expenses rose to ¥5,834 million from ¥5,251 million year-over-year.

• Earnings per share for the third quarter were ¥56.04, down from ¥65.69 year-over-year.

• Total assets as of December 31, 2024, were ¥199,975 million, down from ¥204,737 million at the previous fiscal year-end.

• Shareholders' equity ratio improved to 76.3% from 74.3% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast is ¥115,000 million, a 2.0% decrease year-over-year.

• Operating profit is projected at ¥5,300 million, down 24.4% year-over-year.

• Ordinary profit forecast is ¥5,500 million, a 12.8% decrease year-over-year.

• Profit attributable to owners of parent is expected to be ¥3,600 million, with EPS of ¥92.50.

• Dividend forecast for fiscal 2024 is ¥34.00 per share.