Kyoei Steel net profit declines to Y9.86 billion for fiscal year 2026
Updated
Updated · MarketWatch · Apr 30
Kyoei Steel net profit declines to Y9.86 billion for fiscal year 2026
3 articles · Updated · MarketWatch · Apr 30
Summary
The Japanese steelmaker's net profit fell from Y10.79 billion the previous year, while revenue dropped to Y315.11 billion from Y322.85 billion.
Operating profit rose to Y16.97 billion from Y15.33 billion, and pretax profit increased to Y16.21 billion. Earnings per share decreased to Y226.98 from Y248.30.
The results, based on Japanese accounting standards, reflect ongoing challenges in the steel industry as Kyoei Steel adjusts to changing market conditions and demand fluctuations.