Japan Steel Works stock reports higher Q1 operating income

Published on 10/07/2026 at 00:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Japan Steel Works stock was last at JPY 7,294 on October 6, 2026, while Q1 operating income rose 11.2 percent year over year. Five analysts set a mean target of JPY 11,570.

Japan Steel Works, JP3721400004, Illustration mit AI erstellt.

Japan Steel Works stock was last at JPY 7,294 on the Tokyo Stock Exchange on October 6, 2026 at 3:30 p.m. JST, up 0.63 percent on the session. The Japan Steel Works reported Q1 fiscal 2027 operating income of JPY 5,865 million, an 11.2 percent increase from the prior-year quarter, according to Japan IR.

Operating income rises as sales fall

The Q1 result presents a mixed operating picture. Consolidated net sales were JPY 58,172 million in the quarter, down 13.9 percent year over year, while operating income increased to JPY 5,865 million, according to Japan IR.

Profitability therefore improved despite lower sales. The earnings table on the same investor-relations page shows Q1 earnings per share of JPY 80.60 against a JPY 50.27 estimate, a 60.3 percent positive surprise, according to Japan IR.

Targets sit above the market price

Japan IR lists five analysts in its recommendation overview. The group has a mean target of JPY 11,570, a median of JPY 11,500, a high of JPY 12,450 and a low of JPY 10,700, with all five recommendations classified as Buy, according to Japan IR.

Using the October 6 price of JPY 7,294, the mean target lies 58.6 percent above the stock price. That gap places the valuation discussion alongside the earnings trend: operating income is growing, but the latest quarterly sales comparison remains negative.

Next results date is November 9

The next earnings release is scheduled for November 9, 2026, according to the investor-relations calendar published by Japan IR. For investors, that date provides the next concrete checkpoint for whether the Q1 profit improvement can continue while sales recover.

Japan Steel Works was last at JPY 7,294 on October 6, 2026 at 3:30 p.m. JST. The stock's 52-week range was JPY 6,694 to JPY 10,620, and its market capitalization was JPY 536.9 billion.