FilingReader Intelligence

Osaka Steel cuts dividend to zero amid construction downturn

July 30, 2025 at 04:09 AM UTCBy FilingReader AI

Osaka Steel cut its dividend forecast to zero for fiscal 2026, down from an undetermined previous forecast, citing lower-than-expected earnings.

The company expects net sales of 50bn yen and an ordinary loss of 2.5bn yen for the second quarter, with full-year sales projected at 105bn yen and zero ordinary profit. The revision reflects declining construction sector demand and increased costs.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:5449Tokyo Stock Exchange

News Alerts

Get instant email alerts when Osaka Steel publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →