FilingReader Intelligence

Yamato Kogyo cuts forecasts amid steel demand slump

July 31, 2025 at 04:09 AM UTCBy FilingReader AI

Yamato Kogyo revised its fiscal 2026 forecasts, cutting net sales to 147bn yen (down 17bn yen) and operating profit to 2bn yen (down 4bn yen).

The steelmaker cited weak global demand, competition from cheap Chinese imports, and softening conditions in Japan, Thailand and Indonesia. The US market remains strong.

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

TSE:5444Tokyo Stock Exchange

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