Earnings digests and industry comparisons for Japan's biggest listed companies.
7 reports
JFE Holdings said first-quarter revenue rose 4.1% to ¥1,161.1 billion, while business profit nearly doubled to ¥32.3 billion, driven by a sharp swing in steel inventory valuation and operating improvements. Net profit attributable to owners of parent soared 338.1% to ¥31.2 billion. The company left its full-year forecast unchanged, targeting ¥215 billion in business profit for the year ending March 2027.
FY2027 Q1 (April-June 2026)
Nippon Yakin reported a 7.8% revenue increase to ¥42.2 billion and a 44.5% operating profit jump to ¥4.7 billion in Q1 FY2027, driven by semiconductor demand and a ¥1.6 billion nickel inventory gain, and raised its full-year outlook.
FY2027 Q1 (Apr-Jun 2026)
Kobe Steel reported a 1.6% rise in Q1 FY2027 revenue to ¥578.3bn, but operating profit fell 34.8% to ¥20.4bn as its steel and aluminum segment swung to a loss. Net profit plunged 68.4% to ¥12.1bn, also hurt by the absence of a ¥14.4bn securities gain. The full-year outlook calls for a 15.5% rebound in operating profit to ¥150bn.
Q1 FY2027 (Apr-Jun 2026)
Yamato Kogyo’s Q1 FY2027 revenue was flat at ¥39.2 billion, but ordinary profit more than doubled to ¥22.2 billion on US equity earnings. The company raised its full-year ordinary profit forecast to ¥87 billion.
Q1 FY2027 (Apr-Jun 2026)
Daido Steel reported a 14.9% jump in revenue to ¥163.5 billion for the first quarter of fiscal 2027, while operating profit soared 51.4% to ¥13.1 billion, driven by robust demand from semiconductor equipment and AI servers. Net income attributable to owners of the parent climbed 41.2% to ¥9.1 billion, lifting results to a record for a first quarter.
Q1 FY2027 (Apr-Jun 2026)
Tokyo Steel raised its full-year non-consolidated earnings forecast for the fiscal year ending March 2027 on October 16, 2026. The company now projects net sales of ¥326.0 billion and an operating profit of ¥1.0 billion, swinging from a previously forecasted ¥4.0 billion loss. Successful product price hikes and lower scrap steel costs drove the recovery, though earnings remain an upward revision with a year-on-year profit decline.
Nippon Steel announced on September 29 that its unit Nippon Engineering has terminated its merger discussions with telecom giant Canadiana. The move cancels strategic ties, though both firms confirmed zero financial impact from the deal's dissolution.
