Updated
Updated · MarketWatch · May 8Mory Industries reports lower full-year net profit
2 articles · Updated · MarketWatch · May 8
- For the year ended 31 March in Japan, net profit fell to Y3.36bn from Y4.13bn, while revenue declined to Y43.29bn from Y46.14bn.
- Operating profit dropped to Y4.38bn from Y5.40bn and pretax profit to Y4.88bn from Y5.72bn, with earnings per share slipping to Y88.37 from Y106.95.
- The results were prepared under Japanese accounting standards, showing weaker performance across key profit measures in fiscal 2026.
Facing US tariffs and global rivals, how can Japanese steelmakers protect their market share without sacrificing profitability? Can Mory Industries pivot from a declining construction market to capitalize on Japan's new high-tech growth strategy?