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YODOKO extends losses to new year-to-date low, plans 13% operating profit decline for fiscal year ending March 2027

Mon May 11, 2026 12:34 pm JST Catalyst

YODOKO, LTD. <5451> extended its losses to hit a fresh year-to-date low. Around 11:00 a.m. today, the company projected sales of 196 billion yen (up 0.3% year-on-year) and an operating profit of 10.3 billion yen (down 13.2%) for the fiscal year ending March 2027. The annual dividend forecast was slashed to 53 yen from 91 yen in the prior year, triggering a wave of selling. The company anticipates higher manufacturing costs driven by rising crude oil prices, particularly for thinners and paints used in its color steel sheet production. For the fiscal year ended March 2026, sales totaled 195.373 billion yen (down 6.3%) and operating profit fell 14.5% to 11.868 billion yen.

Separately, the firm announced it has terminated negotiations with Shanghai Qinheng International Trading regarding the sale of its equity stake in subsidiary Yodogawa Shengyu (Hefei) High-Tech Steel Plate Co., Ltd. (YSS). While the company remains in discussions with other potential buyers, the projected gain from the sale of affiliated shares has already been factored into the March 2027 earnings forecast disclosed in February.

Source: MINKABU PRESS

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

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