Aichi Steel Corporation · TSE:5482
Aichi Steel — H1 FY2025 Earnings Presentation
16 slides from Aichi Steel's earnings presentation, Nov 4, 2025
Slide 1: Financial Results Briefing for the 1st Half of Fiscal Year Ending March 2026
Aichi Steel Group Financial Results Briefing for the 1st Half of Fiscal Year Ending March 2026 November 4, 2025 Ai c h i S t e e l C o r p o r a t i o n Motoshi Nakamura, Executive Vice President
Slide 2: Today's Content
Today’s Content 1. Details of the Financial Results for the 1st Half of the Fiscal Year Ending March 2026 2. Financial Results Forecasts for the Fiscal Year Ending March 2026 Copyright © Aichi Steel Corporation 2025 All Rights reserved. 2
Slide 3: Today's Content and Key Points
Today’s Content and Key Points 1. Details of the Financial Results for the 1st Half of the Fiscal Year Ending March 2026 Increase in profit both YoY and vs. disclosed forecast 2. Financial Results Forecasts for the Fiscal Year Ending March 2026 Upward revision of earning forecast and dividend increa
Slide 4: 1. Details of the Financial Results for the 1st Half
Today’s Content 1. Details of the Financial Results for the 1st Half of the Fiscal Year Ending March 2026 2. Financial Results Forecasts for the Fiscal Year Ending March 2026 Copyright © Aichi Steel Corporation 2025 All Rights reserved. 4
Slide 5: Summary of Consolidated Financial Results for the 1st Half
Summary of the Financial Results for the 1st Half of the Fiscal Year Ending March 2026 Year-on-Year Net sales increased 4.9 billion yen, operating profit increased 5.4 billion yen Change: and net profit increased by 3.9 billion yen (Billion yen) Disclosed FY2024 FY2025 Change Change rate forecast Ch
Slide 6: Analysis of Changes in Operating Profit Year-on-Year
Analysis of Changes in Operating Profit in the 1st Half of the Fiscal Year Ending March 2026 Operating profit increased YoY due to the increase in sales volumes, lower purchase prices, reduction of factory costs and other factors. Raw materials +5.1 [Exchange rate impact: +0.3 billion yen] • Steel s
Slide 7: Net Sales and Operating Profit by Company
Net sales and Operating Profit by Company for the 1st Half of the Fiscal Year Ending March 2026 Hagane Company: Flat sales and profit up Stainless Steel Company: Sales down and profit down Kitaeru Company: Sales up and profit up Smart Company: Sales up and profit up (Billion yen) Net Sales Operating
Slide 8: Factors Behind Difference in Operating Profit from the Disclosed Forecasts
Factors Behind Difference in Operating Profit from the Disclosed Forecasts (July 31, 2025) for the 1st Half of the Fiscal Year Ending March 2026 Comparison of operating profit with already disclosed forecasts (billion yen) 130 8.7 Item Difference Factors behind difference 120 Selling Price increase
Slide 9: Year-on-Year Comparison of the Balance Sheet
Year-on-Year Comparison of the Balance Sheet (Statement of Financial Position) for the 1st Half of the Fiscal Year Ending March 2026 Assets：Increased due to additional investment in Vardhman Special Steels Capital：Decreased due to share buyback Assets Liabilities and capital 400.0 +1.6 401.7 400.0 +
Slide 10: 2. Financial Results Forecasts for the Fiscal Year Ending March 2026
Today’s Content 1. Details of the Financial Results for the 1st Half of the Fiscal Year Ending March 2026 2. Financial Results Forecasts for the Fiscal Year Ending March 2026 Copyright © Aichi Steel Corporation 2025 All Rights reserved. 10
Slide 11: Consolidated Financial Results Forecasts for the Fiscal Year
Financial Results Forecasts for the Fiscal Year Ending March 2026 We expect a decrease in profit from the previously disclosed forecast for the second half of the fiscal year due to lower sales of stainless steel and higher purchase prices due to the weaker yen. However, we have revised our full-yea
Slide 12: Trends in Operating Profit and ROE
Trends in Operating Profit and ROE Operating profit of 15.0 billion yen and ROE of 4% in the FY2024-26 Medium-term Management Plan are expected to be achieved ahead of schedule. 400 9.0% 8.0% 8.0% 350 Operating profit (billion yen) ROE(%) 7.0% 300 6.0% 250 28.0 4%4％以上 or more 5.0% 4.0% Major initiat
Slide 13: Prerequisites for the Financial Results Forecasts
Prerequisites for the Financial Results Forecasts for the Fiscal Year Ending March 2026 Sales volume (non-consolidated) Company Company Company Hagane (Specialty Steel) Stainless Steel (Stainless Steel) Kitaeru (Forging) Smart CompanyMagnets (Electronic, etc.) Year-on-year Year-on-year Year-on-year
Slide 14: Analysis of Changes in Operating Profit Compared with Previously Disclosed Forecasts
Financial Results Forecasts and Analysis of Changes in Operating Profit Compared with Previously Disclosed Forecasts for the Fiscal Year Ending March 2026 Higher profit from the previously disclosed forecast is expected due to upward swing in sales volumes and prices of specialty steel and forged pr
Slide 15: Dividend Forecasts for the Fiscal Year Ending March 2026
Dividend Forecasts for the Fiscal Year Ending March 2026 Normal dividend is forecast to be 62 yen per share for the full year, up from 58 yen, in light of the upward revision to earnings. Full-year dividend of 138 yen per share is planned, including the special dividend Forecast for the current term
Slide 16: Thank you very much
Thank you very much Aichi Steel Corporation assumes no responsibility for any loss arising from the use, misuse, or distribution of this document or the information contained herein, or anything related thereto. The so-called forward-looking information contained in the materials used in this presen