Kobe Steel, Ltd. (5406) Earnings: Operating Income Decreases 34.8% YoY to 20.4 Billion Yen, Net Income Down 68.4%

Kobe Steel, Ltd. (5406) announced its financial results for the period, reporting net sales of 578,349 million yen, a 1.6% increase compared to the same period of the previous year. However, profit figures showed a decline: operating income fell 34.8% year-on-year to 20,412 million yen, ordinary income decreased 21.2% to 22,663 million yen, and net income attributable to owners of the parent dropped 68.4% to 12,199 million yen. Regarding financial stability, the equity ratio stands at a solid 44.4%, with retained earnings amounting to 685,470 million yen. Meanwhile, interest-bearing debt is recorded at 734.0 billion yen, while return on equity (ROE) is 1.01% and return on assets (ROA) is 0.43%. Improving profitability and capital efficiency remains a key focus for future performance.