Kyoei Steel net profit declines to Y9.86 billion for fiscal year 2026

8 articles · Updated · MarketWatch · Apr 30

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.

How did Kyoei Steel boost profits while its revenue and sales volume fell?

As Japan's steel output hits a 58-year low, which companies will survive?

With costs soaring and demand weak, are Japan's recent steel price hikes sustainable?

With US steel tariffs now at 50%, can Kyoei's North American turnaround last?

Is Kyoei Steel's success abroad a model for escaping Japan's sluggish domestic market?

Can Japan's steelmakers truly go green, or are decarbonization efforts just for show?