• JFE Holdings forecast FY2026 business profit of JPY 215 billion, business profit excluding inventory valuation of JPY 185 billion, revenue of JPY 4.8 trillion, profit attributable to owners of parent of JPY 150 billion, ROE of about 6%, annual dividend of JPY 80 per share.
• Guidance excludes any impact from Middle East tensions; crude steel output expected at about 21,500,000 tons, broadly flat demand vs FY2025, iron ore and coking coal prices seen holding at current levels.
• Steel segment profit expected to rise JPY 62 billion on cost cuts of JPY 35 billion, volume and mix gain of about JPY 10 billion, inventory valuation tailwind of JPY 61 billion; spread headwind seen at JPY 20 billion despite domestic price hikes of at least JPY 10,000 per ton.
• Oil price sensitivity flagged as key risk; if WTI averages USD 100 per barrel versus mid-USD 60 assumption, cost impact estimated at about JPY 10 billion per month.
• Engineering outlook calls for revenue of JPY 620 billion, segment profit of JPY 25 billion; trading segment profit seen at JPY 45 billion on a North America recovery.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JFE Holdings Inc. published the original content used to generate this news brief on May 13, 2026, and is solely responsible for the information contained therein.