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Japan Machinery Orders Decline 2.9% in September
Kanematsu Engineering: Confirmation letter
Kanematsu Engineering: Half Year Report - Term 54 (2024/04/01 - 2025/03/31)
JFE, downward revision on 25/3, operating profit of 160 billion yen ← 260 billion yen
JFE <5411> announced a revision to the financial estimates for the fiscal year ending March 2025. The sales revenue was revised downward from 5 trillion 240 billion yen to 4 trillion 970 billion yen, and the operating profit was revised downward from 260 billion yen to 160 billion yen. In the iron & steel business, further demand deceleration is expected due to rising construction costs and labor shortages in the domestic building materials sector, as well as stagnation in demand for steel for Asia-bound automobiles, with the standalone crude steel production volume expected to be around 22.4 million tons, which is 0.6 million tons lower than the previous forecast. [Positive Evaluation] <9001>
Kanematsu Engineering: Summary of financial results for the 2nd quarter (interim period) for the fiscal year ending 2025/3 [Japanese GAAP] (unconsolidated)
Kanematsu Engineering 1H Parent Net Y416.00M Vs Net Y279.00M
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