28 items
2026-09-01
Kobe Steel, Ltd. (TSE:5406) entered into a share exchange agreement to acquire remaining 56.52% stake in Kobelco Wire Company, Ltd. (TSE:5660) from Nippon Life Insurance Company, Mizuho Trust & Banking Co., Ltd., Shinsho Corporation (TSE:8075), Mizuho Bank, Ltd., Mitsui & Co. Steel Ltd., Michio Maruyama and others for ¥6.1 billion on May 11, 2026. The consideration consists of 3.14 million common equity of Kobe Steel, Ltd. at an exchange ratio of 0.94 to be issued for common equity of Kobelco Wire Company, Ltd. As part of consideration, ¥6.08 billion is paid towards common equity of Kobelco Wire Company, Ltd. Upon completion, Kobe Steel, Ltd. will own 100% stake in Kobelco Wire Company, Ltd. The transaction is subject to approval of offer by target shareholders. The expected completion of the transaction is September 1, 2026. Nomura Securities Co., Ltd. acted as financial advisor for Kobe Steel, Ltd. Industrial Growth Platform, Inc. acted as financial advisor for Kobelco Wire Company, Ltd. Nishimura & Asahi acted as legal advisor for Kobe Steel, Ltd. TMI Associates acted as legal advisor for Kobelco Wire Company, Ltd. Kobe Steel, Ltd. (TSE:5406) completed the acquisition of remaining 56.52% stake in Kobelco Wire Company, Ltd. (TSE:5660) from Nippon Life Insurance Company, Mizuho Trust & Banking Co., Ltd., Shinsho Corporation (TSE:8075), Mizuho Bank, Ltd., Mitsui & Co. Steel Ltd., Michio Maruyama and others on September 1, 2026. The shares of Kobelco Wire Company, Ltd. were delisted from the Tokyo Stock Exchange Standard Market.
2026-08-10
Kobe Steel, Ltd. provided consolidated earnings guidance for the first half and full fiscal year ending March 31, 2027. For the first half, the company expects net sales of JPY 1,300,000 million, operating profit of JPY 65,000 million, profit attributable to owners of parent of JPY 35,000 million, and basic earnings per share of JPY 88.49. For the full year, the company expects net sales of JPY 2,690,000 million, operating profit of JPY 150,000 million, profit attributable to owners of parent of JPY 100,000 million, and basic earnings per share of JPY 252.09.
2026-07-24
Kobe Steel, Ltd., ¥ 40.0, Cash Dividend, Sep-29-2026
2026-07-17
Noetra Corp. announced that it has received a round of fudning on July 16, 2026. The transaction included participation from new investors, Sony Group Corporation, SoftBank Corp., NEC Corporation, Honda Motor Co., Ltd., Asahi Kasei Corporation, Daiichi Sankyo Company, Limited, Daikin Industries, Ltd., Daiwa House Industry Co., Ltd., DMG Mori Co., Ltd., Fanuc Corporation, Fujitsu Limited, Hitachi, Ltd., JERA Co., Inc., JFE Steel Corporation, Kajima Corporation, Kawasaki Heavy Industries, Ltd., KDDI Research Inc, Kobe Steel, Ltd., Mitsubishi Electric Corporation, Matsuo Institute, Inc., MS&AD Insurance Group Holdings, Inc., Mizuho Bank, Ltd., MUFG Bank, Ltd., Murata Manufacturing Co., Ltd., Nippon Steel Corporation, Nippon Life Insurance Company, Okuma Corporation, Oki Electric Industry Co., Ltd., OMRON Corporation, Preferred Networks, Inc., Rakuten Group, Inc., Sakana AI Co., Ltd., SG Holdings Co., Ltd., Sharp Corporation, Shimadzu Corporation, Sumitomo Mitsui Banking Corporation, Sumitomo Life Insurance Company, Tokyo Electron Limited, TOPPAN Holdings Inc., Toshiba Corporation, YASKAWA Electric Corporation, Yamazaki Mazak Corporation. The company has issued convertible preferred stock in the transaction.
2026-07-07
Kobe Steel, Ltd. announced that they will report Q1, 2027 results on Aug 05, 2026
2026-06-24
On June 24, 2026, Stegra AB closed the transaction.
2026-05-20
Kobe Steel, Ltd., Board Meeting, May 20, 2026. Agenda: To pay cash dividends from surplus with the record date of March 31, 2026.
2026-05-19
Kobe Steel, Ltd. announced a year-end cash dividend of JPY 40.00 per share for the fiscal year ended March 31, 2026, compared to JPY 55.00 per share paid a year ago. The scheduled date to commence dividend payments is June 5, 2026. The scheduled date of the annual general meeting of shareholders is June 23, 2026.
2026-05-19
Kobe Steel, Ltd. provides consolidated earnings guidance for the first half of fiscal year ending March 31, 2027 and consolidated and non consolidated earnings guidance for the full fiscal year ending March 31, 2027. For the first half, on consolidated basis, the company expects net sales of JPY 1,240,000 million, operating profit of JPY 60,000 million, profit attributable to owners of parent of JPY 35,000 million, and basic earnings per share of JPY 88.40. For the full year, on consolidated basis, the company expects net sales of JPY 2,560,000 million, operating profit of JPY 150,000 million, profit attributable to owners of parent of JPY 100,000 million, and basic earnings per share of JPY 251.80. For the year, on non-consolidated basis, the company expects net sales of JPY 1,400,000 million, profit of JPY 50,000 million, and basic earnings per share of JPY 125.77.
2026-05-12
Kobe Steel, Ltd. reported earnings results for the full year ended March 31, 2026. For the full year, the company reported sales was JPY 2,436,581 million compared to JPY 2,555,031 million a year ago. Net income was JPY 93,717 million compared to JPY 120,180 million a year ago. Basic earnings per share from continuing operations was JPY 237.8 compared to JPY 304.64 a year ago.
2026-05-11
Kobe Steel, Ltd., Annual General Meeting, Jun 23, 2026, at 10:00 Tokyo Standard Time. Location: Banquet hall Ohwada, 1F South Wing, KOBE PORTOPIA HOTEL 10-1, Minatojima-nakamachi 6-chome, Chuo-ku Kobe Hyogo Japan Agenda: To consider the business report, consolidated financial statements and non-consolidated financial statements for the 173rd business term (from April 1, 2025 to March 31, 2026); to consider the results of audits by accounting auditors and the audit & supervisory committee concerning the consolidated financial statements for the 173rd business term; to consider election of eight directors excluding directors who are audit & supervisory committee members; to consider election of four directors who are audit & supervisory committee members; to consider election of one director who is a substitute audit & supervisory committee member; and to consider other matters.
2026-05-11
Kobe Steel, Ltd., Board Meeting, May 11, 2026. Agenda: To consider and approve to make additional entrustment of funds to the Board Benefit Trust; and to consider any other matters.
2026-05-09
Kobe Steel, Ltd. announced that they will report fiscal year 2026 results at 1:00 PM, Tokyo Standard Time on May 11, 2026
2026-03-04
Kobe Steel, Ltd., Board Meeting, Mar 04, 2026. Agenda: To consider and decide on candidates for directors to be discussed at the 173rd Ordinary General Meeting of Shareholders scheduled for late June 2026 and on representative directors to be appointed at the Board of Directors meeting that follows the shareholders meeting.
2026-02-21
Kobe Steel, Ltd. has completed a Fixed-Income Offering in the amount of ¥15 billion. Security Name: 2.155% Unsecured Notes due February 26, 2031 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: ¥15 billion Price\Range: 100% Security Features: Unsecured Coupon Type: Fixed
2026-02-19
Kobe Steel, Ltd. revised consolidated earnings guidance for the full year ending March 31, 2026. For the year, the company expects net sales of JPY 2,440,000 million, operating Profit of JPY 130,000 million, profit attributable to owners of parent of JPY 100,000 million and Basic earnings per share of JPY 253.74.
2026-02-17
Kobe Steel, Ltd. revised non-consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, the company now expects net sales of JPY 1,330,000 million, profit of JPY 75,000 million and basic earnings per share of JPY 190.12 against previous guidance of net sales of JPY 1,390,000 million, profit of JPY 100,000 million and basic earnings per share of JPY 252.88. Compared to the previous earnings forecast (as of May 12, 2025), the company anticipates a decrease in dividends received from Group companies, as well as lower sales volumes in company's materials businesses due to weak demand in the automotive and construction/civil engineering sectors and a slower than expected recovery in the semiconductor sector. The company also expects a deterioration in the steel metal spread as steel market conditions soften. In addition, the company factors in a more negative inventory valuation impact reflecting the decline in prices of primary steel raw materials. Considering these factors, the company has revised its full year net sales, ordinary profit, and profit downward.
2026-02-10
Kobe Steel, Ltd., Q3 2026 Earnings Call, Feb 06, 2026
2026-02-08
Kobe Steel, Ltd. reported earnings results for the nine months ended December 31, 2025. For the nine months, the company reported sales was JPY 1,778,073 million compared to JPY 1,884,054 million a year ago. Net income was JPY 84,332 million compared to JPY 116,845 million a year ago. Basic earnings per share from continuing operations was JPY 214.11 compared to JPY 296.15 a year ago.
2026-02-02
Kobe Steel, Ltd. (TSE:5406) agreed to acquire remaining 48.31% stake in Nippon Koshuha Steel Co.,Ltd. (TSE:5476) from a group of shareholders for ¥3 billion on May 12, 2025. As part of the consideration Kobe Steel, Ltd. will allot and deliver 0.26 shares of its stock for each share of Nippon Koshuha Steel Co.,Ltd. The consideration is subject to change upon mutual discussion. Upon completion, Kobe Steel, Ltd. will own 100% stake in Nippon Koshuha Steel Co.,Ltd. The transaction is subject to approval by regulatory board / committee, approval of offer by target board, approval of offer by target shareholders and consummation of due diligence investigation. The Board of Directors of Nippon Koshuha Steel Co.,Ltd. formed a special committee for the transaction. The deal has been unanimously approved by the board. The expected completion of the transaction is February 2, 2026. Nomura Securities Co., Ltd. acted as financial advisor for Kobe Steel, Ltd. Nishimura & Asahi acted as legal advisor for Kobe Steel, Ltd. YAMADA Business Consulting Co.,Ltd. acted as financial advisor for Nippon Koshuha Steel Co.,Ltd. Anderson Mori & Tomotsune acted as legal advisor for Nippon Koshuha Steel Co.,Ltd. Stand by C Co., Ltd. acted as financial advisor for Nippon Koshuha Steel Co.,Ltd. Nomura Securities Co., Ltd. acted as fairness opinion provider for Kobe Steel, Ltd. YAMADA Business Consulting Co.,Ltd. acted as fairness opinion provider for Nippon Koshuha Steel Co.,Ltd. Kobe Steel, Ltd. (TSE:5406) completed the acquisition of remaining 48.31% stake in Nippon Koshuha Steel Co.,Ltd. (TSE:5476) from a group of shareholders on February 2, 2026. Kobe Steel has transferred all its common shares in Nippon Koshuha Steel to Daido Steel Co., Ltd.
2026-01-06
Kobe Steel, Ltd. expected to report Fiscal Year 2026 results on May 14, 2026. This event was calculated by S&P Global (Created on May 10, 2026).
2026-01-06
Kobe Steel, Ltd. announced that they will report Q3, 2026 results at 12:00 PM, Tokyo Standard Time on Feb 06, 2026
2025-11-11
Kobe Steel, Ltd., ¥ 40.0, Cash Dividend, Mar-30-2026
2025-11-11
Kobe Steel, Ltd., Board Meeting, Nov 10, 2025.
2025-11-10
Kobe Steel, Ltd. reported earnings results for the half year ended September 30, 2025. For the half year, the company reported sales was JPY 1,181,447 million compared to JPY 1,248,556 million a year ago. Net income was JPY 62,830 million compared to JPY 56,583 million a year ago. Basic earnings per share from continuing operations was JPY 159.49 compared to JPY 143.35 a year ago.
2025-11-10
Kobe Steel, Ltd. expected to report Q3 2026 results on February 6, 2026. This event was calculated by S&P Global (Created on November 10, 2025).
2025-10-14
Kobe Steel, Ltd. Presents at Automotive Circle's EuroCarBody 2025 Conference, Oct-14-2025 . Venue: Bad Nauheim, Germany.
2025-10-14
Automotive Circle, Vincentz Network GmbH & Co. Kg, Automotive Circle's EuroCarBody 2025 Conference, Oct 14, 2025 through Oct 16, 2025. Venue: Bad Nauheim, Germany.
2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 | 2024Q3 | 2024Q2 | 2024Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|
Total Revenues | 2,445,874 | 2,436,581 | 2,449,050 | 2,487,922 | 2,533,354 | 2,555,031 | 2,553,489 | 2,537,865 | 2,535,186 | 2,543,142 |
Pretax Income Excl.Unusual Items | 115,238 | 121,334 | 113,831 | 143,892 | 150,904 | 157,191 | 159,872 | 140,281 | 160,064 | 160,923 |
Total Assets | 2,830,153 | 2,865,184 | 2,888,203 | 2,842,896 | 2,819,775 | 2,891,053 | 2,868,008 | 2,847,304 | 2,850,795 | 2,919,774 |
Total Liabilities | 1,505,048 | 1,534,732 | 1,605,447 | 1,590,548 | 1,601,281 | 1,653,996 | 1,679,147 | 1,668,017 | 1,716,329 | 1,792,430 |
Cash & Cash Equivalents | 176,233 | 189,233 | 221,635 | 228,984 | 175,606 | 219,872 | 203,375 | 195,584 | 214,174 | 278,728 |
Total Common Equity | 1,257,214 | 1,261,324 | 1,210,370 | 1,182,362 | 1,149,642 | 1,161,795 | 1,111,870 | 1,107,470 | 1,064,373 | 1,056,560 |
Book Value Per Share (BVPS) | 3,183.58 | 3,189.57 | 3,074.39 | 3,003.54 | 2,924.45 | 2,941.14 | 2,821.09 | 2,806.13 | 2,697.63 | 2,675.21 |
Net Change in Cash | -30,844 | 33,210 | -58,856 | -96,459 | 75,334 | |||||
Capital Expenditure | -124,435 | -119,407 | -113,266 | -98,735 | -94,865 |
As of August 05, 2026, Kobe Steel published financial results for the second quarter of 2026, with revenues of 578.35B yen and net income of 12.2B yen, indicating a growth of 1.6% in revenue, along with a sharp drop of approximately 68.5% in EPS compared with the same quarter last year.
Moreover, the EBITDA margin decreased significantly from 10.88% to 8.44% in the comparable quarter previous year. A decline in operating profitability can signify a problem with sales or a rise in operating expenses, which could be detrimental to the stock's performance in the future. The dividend yield for this stock is approximately 4%, and it trades at 11.6x times current year's earnings, which is higher than the sector average (P/E 10.8x).