TSE:5406Metals and Mining
How Investors May Respond To Kobe Steel (TSE:5406) Cutting Guidance On Weaker Materials Demand
In February 2026, Kobe Steel, Ltd. reported nine‑month results showing lower sales and profit year on year and revised its consolidated full‑year outlook to net sales of JPY 2,440.00 billions and operating profit of JPY 130.00 billions, alongside reduced non‑consolidated guidance.
The company linked its downgrade to weaker demand in automotive, construction and semiconductor‑related materials, softer steel market spreads, reduced dividends from group companies, and more negative inventory...