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AICHI STEEL, Apr-Dec (Cumulative 3Q) Net Income Increases by 71%
5482 AICHI STEEL CORPORATION 【IFRS】
Earnings ReportAICHI STEEL CORPORATION <5482> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on February 3rd (14:40). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 9.65 billion yen, an increase 70.7% compared to the same period last year. Progress toward the full-year plan of 10.0 billion yen was 96.6%, also surpassing the four-year average of 92.7%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the January to March period (4Q) is expected to significant drop 84.1% from the same period last year to 0.34 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated net income amounted to 4.05 billion yen, an increase of 1.9% compared to the same period last year. The operating profit margin improved from 5.7% in the same period last year to 7.3%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 226,968 | 9,104 | 9,556 | 6,113 | 77.4 | 87.3 | Feb 2, 2024 | IFRS |
| Apr - Dec, 2024 | 221,872 | 7,707 | 8,057 | 5,658 | 71.6 | 67.7 | Jan 31, 2025 | IFRS |
| Apr - Dec, 2025 | 226,694 | 14,432 | 15,467 | 9,657 | 145.2 | 96.7 | Feb 3, 2026 | IFRS |
| YoY | +2.2% | +87.3% | +92.0% | +70.7% | +102.7% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 154,324 | 8,718 | 8,899 | 6,137 | 78.1 | 22.50 | Apr 25, 2025 | IFRS |
| Oct - Mar, 2025 Guidance | 150,192 | 6,216 | 6,695 | 4,395 | 68.4 | 69 | Oct 31, 2025 | IFRS |
| YoY | -2.7% | -28.7% | -24.8% | -28.4% | -12.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 296,516 | 10,372 | 10,947 | 6,593 | 83.5 | 25 | Apr 26, 2024 | IFRS |
| Mar, 2025 | 299,287 | 12,016 | 11,907 | 7,820 | 99.5 | 40 | Apr 25, 2025 | IFRS |
| Mar, 2026 Guidance | 300,000 | 15,000 | 16,000 | 10,000 | 155.7 | 138 | Oct 31, 2025 | IFRS |
| YoY | +0.2% | +24.8% | +34.4% | +27.9% | +56.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 76,909 | 4,409 | 5,049 | 3,975 | 50.3 | 5.7 | Jan 31, 2025 | IFRS |
| Jan - Mar, 2025 | 77,415 | 4,309 | 3,850 | 2,162 | 27.5 | 5.6 | Apr 25, 2025 | IFRS |
| Apr - Jun, 2025 | 75,086 | 4,528 | 4,610 | 3,568 | 50.8 | 6.0 | Jul 31, 2025 | IFRS |
| Jul - Sep, 2025 | 74,722 | 4,256 | 4,695 | 2,037 | 30.2 | 5.7 | Oct 31, 2025 | IFRS |
| Oct - Dec, 2025 | 76,886 | 5,648 | 6,162 | 4,052 | 60.9 | 7.3 | Feb 3, 2026 | IFRS |
| YoY | 0.0% | +28.1% | +22.0% | +1.9% | +21.1% |
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