Updated
Updated · MarketWatch · Apr 30Yamato Kogyo posts Y62.39 billion net profit for fiscal year 2026
4 articles · Updated · MarketWatch · Apr 30
- The company’s net profit nearly doubled from Y31.83 billion the previous year, while revenue declined to Y160.39 billion from Y168.27 billion.
- Operating profit fell to Y4.50 billion from Y11.49 billion, but pretax profit rose to Y65.24 billion from Y54.40 billion.
- Results are based on Japanese accounting standards and reflect Yamato Kogyo’s performance for the year ended March 31, 2026.
Why did Yamato Kogyo's earnings per share collapse by 99% while its net profit more than doubled? Did US steel tariffs paradoxically help Yamato Kogyo's American joint venture, boosting its overall profits? With profits shifting abroad, is Yamato Kogyo abandoning its identity as a Japanese steelmaker? Is Yamato Kogyo's acclaimed green steel strategy a profitable reality or just a costly long-term investment? Can a new Australian acquisition shield the company from worsening global trade wars and competition?