Kobe Steel stock gains 1.56 percent as emissions fall

Published on 10/07/2026 at 01:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kobe Steel stock's first-quarter sales reached JPY 578.349 billion, up 1.6 percent year over year. Net income fell 68.4 percent to JPY 12.199 billion.

Kobe Steel, JP3289800009, Illustration mit AI erstellt.

Kobe Steel stock (ISIN JP3289800009) gained 1.56 percent to JPY 2,024 on the Tokyo Stock Exchange on October 6, 2026. The move followed an update showing that production-related carbon emissions fell 23 percent in fiscal year 2025 versus fiscal year 2013.

Shanghai Metals Market reported on October 5, 2026, that Kobe Steel's Scope 1 and Scope 2 emissions totaled 14.9 million metric tons of carbon dioxide in fiscal year 2025, down from 15.4 million metric tons in fiscal year 2024.

Decarbonization reaches a measurable milestone

The company is targeting a 30 percent emissions reduction by fiscal year 2030 and carbon neutrality by 2050. More than 90 percent of the reported emissions came from steelmaking, making the reduction especially relevant to the group's core materials operations.

The update also highlights hot briquetted iron produced through the MIDREX process as a tool for reducing blast-furnace emissions. Kobe Steel is evaluating further use of biomass, scrap-melting furnaces and electric arc furnace capacity as part of its longer-term transition.

Quarterly profit remains the counterweight

Note reported that fiscal Q1 2026 sales for the April to June 2026 period rose 1.6 percent year over year to JPY 578.349 billion. Operating profit fell 34.8 percent to JPY 20.412 billion, while net income attributable to owners of the parent dropped 68.4 percent to JPY 12.199 billion.

The contrast matters for the stock: environmental progress is visible, but quarterly earnings were weaker. In the steel business, the same report placed first-quarter sales at JPY 199.5 billion and ordinary profit at a JPY 7.7 billion loss, compared with JPY 6.0 billion profit in the prior-year quarter.

Consensus stays close to the market price

Investing.com lists a 12-month consensus rating of Hold from 7 analysts, with an average target of JPY 2,092.9, a high target of JPY 2,530 and a low target of JPY 1,630. The average target lies 3.40 percent above the October 6 price.

MarketScreener reported on September 16, 2026, that Kobe Steel was selected for the JPX-Nikkei Index 400 and the JPX-Nikkei Index Human Capital 100 for fiscal 2026.

Stock rises within its yearly range

Kobe Steel was last at JPY 2,024 on October 6, 2026, at 3:30 p.m. JST. Its JPY 1,698 to JPY 2,379.50 52-week range places the price 14.96 percent below the yearly high, while market capitalization stood at JPY 800.4 billion.