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AICHI STEEL surges on strong earnings and shareholder return policy

Tue Apr 28, 2026 3:09 pm JST Catalyst

AICHI STEEL CORPORATION <5482> surged. The company announced its consolidated financial results for the fiscal year ending March 2026 at around 2:40 p.m. on this day. Sales stood at 304,341 million yen (up 1.7% year-on-year), while operating profit reached 17,371 million yen (up 44.6% year-on-year). Sales volumes of specialty steel and automotive die forgings increased. Declines in the prices of purchased materials such as iron scrap also contributed to the results.

For the fiscal year ending March 2027, AICHI STEEL expects sales of 310,000 million yen (up 1.9% year-on-year) and operating profit of 17,500 million yen (up 0.7% year-on-year). The company raised its dividend for the previous fiscal year from 138 yen to 145 yen on a stock split-adjusted basis, and plans to further increase it to 150 yen for the current fiscal year. Buying interest has concentrated on the stock, driven by positive evaluation of the earnings results and shareholder return policy.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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