Aichi Steel finished the year to March 2026 with only a modest step up in sales, but a much bigger lift in profit. Revenue rose to ¥304.34bn from ¥299.29bn a year earlier. Pre-tax profit increased to ¥18.49bn from ¥11.91bn, and profit attributable to owners of parent climbed to ¥11.25bn from ¥7.82bn.
That makes this more of a profitability story than a top-line one. ROE rose to 4.8% from 3.24%, and basic earnings per share increased to ¥170.63 from ¥99.50. The filing's five reported annual revenue figures also continued their upward progression, from ¥260.12bn to this year's result. For business readers, the point is simple: Aichi Steel reported stronger profitability without a similarly dramatic sales breakout.
Operating cash flow strengthened to ¥65.03bn from ¥25.35bn, and comprehensive income attributable to owners of parent swung to ¥36.44bn from a loss of ¥12.13bn. Equity attributable to owners of parent ended March at ¥236.27bn against total assets of ¥398.84bn. What the annual report excerpt does not provide is much narrative about customer, pricing or volume drivers, so the disclosed takeaway is straightforward: sales improved, profit improved faster, and returns followed.