Chubu Steel Plate Secures Audit Review and Slashes Full-Year Profit Outlook
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Chubu Steel Plate Co. has announced a quarterly review of its financial results for the nine months ending December 31, 2025, conducted by an independent auditor. The company has significantly reduced its full-year profit outlook for the fiscal year ending March 31, 2026, lowering expected net sales from ¥52.8 billion to ¥51.6 billion and operating profit from ¥2.3 billion to ¥1.0 billion. The forecast for ordinary profit and profit attributable to owners has also been halved, indicating a weaker earnings outlook for stakeholders.
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