Kyoei SteelKYOEI STEEL LTD.5440東証プライム鉄鋼FY ending Mar 2026, consolidated, J-GAAP

Kyoei Steel FY ending Mar 2026 results

About 57% of Kyoei Steel's sales come from STEEL(OVERSEAS), with STEEL and MATERIAL RECYCLING making up much of the rest.

Out of every ¥100 of sales, about ¥6 is left as operating profit.

Revenue changed -2.4% from the prior year, operating profit +10.7%.

Revenue and profit pattern

Revenue down, profit up

Revenue -2.4% · profit +10.7%, calculated from disclosed figures.

Operating leverage: -4.45× (profit growth ÷ revenue growth)

FY ending Mar 2025 → FY ending Mar 2026

Revenue for the FY ending Mar 2026 was ¥315.1B, down -2.4% from ¥322.8B a year earlier.
Profit moved the other way: operating income rose +10.7% from ¥15.3B to ¥17B, and gross profit grew +4.3% to ¥40B.
Net income attributable to owners fell -8.6% to ¥9.86B.
Cash generation dropped sharply, with operating cash flow at ¥24.7B (-37.2%) and free cash flow at ¥6.33B (-75.2%).

The overseas steel business swung from an operating loss to a profit. In Vietnam, government infrastructure spending kept steel demand strong, and higher shipments plus cost cuts put every plant in the black.
In North America, the US plant struggled with aging equipment and lost money for the full year, but turned profitable in the second half as operations steadied and prices rose. The Canadian plant sold more of its higher-margin thin rebar.
Domestic steel saw lower sales and profit. Construction delays cut shipments, and a late-year jump in scrap prices narrowed the gap between product prices and raw material costs.

Scrap, electrodes, ferroalloys and energy could become more expensive or harder to source, for example because of tension in the Middle East.
Japan has many competing electric-furnace mills and too much capacity, and the company expects demand for construction steel to keep shrinking.
The company sees progress on its new steelmaking plant and rolling-mill overhaul at the US site as one factor that will shape future results.

Annual securities report (82nd term) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual securities report (82nd term) / 事業等のリスク

FY ending Mar 2025 → FY ending Mar 2026

For every ¥100 Kyoei Steel sells, how much goes where, and how much is kept.

FY ending Mar 2026

Gross margin12.7%

Operating margin5.4%

Net margin3.1%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

STEEL(OVERSEAS)¥179B
57%
Op. margin 3.4%Industry: Steel
STEEL¥125.5B
40%
Op. margin 9.0%Industry: Steel
MATERIAL RECYCLING¥5.95B
2%
Op. margin 9.2%Industry: Waste Management & Recycling
Other¥4.65B
1%
Op. margin 9.1%

※ Segment figures include inter-segment sales and do not sum to the company total

Show source documents (6)

EDINET (FSA Japan)
有価証券報告書－第82期(2025/04/01－2026/03/31)
ID S100YGQP2026-06-23Open
EDINET (FSA Japan)
有価証券報告書－第81期(2024/04/01－2025/03/31)
ID S100W2DI2025-06-24Open
EDINET (FSA Japan)
有価証券報告書－第80期(2023/04/01－2024/03/31)
ID S100TSUG2024-06-26Open
EDINET (FSA Japan)
訂正有価証券報告書－第79期(2022/04/01－2023/03/31)
ID S100RWTG2023-09-29Open
EDINET (FSA Japan)
有価証券報告書－第78期(令和3年4月1日－令和4年3月31日)
ID S100OFNT2022-06-27Open
EDINET (FSA Japan)
訂正有価証券報告書－第77期(令和2年4月1日－令和3年3月31日)
ID S100NAS62022-01-31Open

Extracted from XBRL: 54 / Derived from other figures: 2

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