Earnings digests and industry comparisons for Japan's biggest listed companies.
2 reports
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.
