Japan Steel Works Posts Double-Digit Sales Gain and Raises Dividend

Japan Steel Works ( (JP:5631) ) just unveiled an announcement.

Japan Steel Works reported consolidated net sales of ¥274.9 billion for the fiscal year ended March 31, 2026, up 10.6% year on year, with operating profit rising 10.9% to ¥25.3 billion and profit attributable to owners of the parent increasing 7.1% to ¥19.2 billion. Profitability metrics remained solid, with a 9.2% operating margin and return on equity of 9.5%, while net assets expanded and the equity ratio improved to 49.4%.

The company maintained a shareholder-friendly stance by lifting the annual dividend to ¥92 per share, keeping the payout ratio at 35.2%, and plans to sustain this level in the next fiscal year. For the year ending March 31, 2027, it forecasts further net sales growth to ¥310 billion and higher operating profit, though ordinary profit and net income are expected to be broadly flat, signaling a focus on revenue expansion amid stable but moderating earnings momentum.

The most recent analyst rating on (JP:5631) stock is a Buy with a Yen12450.00 price target. To see the full list of analyst forecasts on Japan Steel Works stock, see the JP:5631 Stock Forecast page.

More about Japan Steel Works

The Japan Steel Works is a Japanese industrial manufacturer listed on the Tokyo Stock Exchange, operating under Japanese GAAP. The company focuses on steel-related products and industrial machinery, serving domestic and international markets with a capital-intensive manufacturing footprint.

Average Trading Volume: 1,178,173

Technical Sentiment Signal: Buy

Current Market Cap: Yen578.8B

See more data about 5631 stock on TipRanks’ Stock Analysis page.