Yamato Kogyo KK

5444

Equity

ISIN JP3940400009 / Valor 764035

Tokyo Stock Exchange (2024-12-25)

JPY 7,351.00+0.19%

Yamato Kogyo KK
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About company

Yamato Kogyo KK, founded in 1944, is a Japanese manufacturing company specializing in steel products, with a significant focus on structural steel, particularly H-beams used in civil engineering and construction projects. The company has played a crucial role in the development of social infrastructure through the production of trackwork parts, cast products, and other steel components such as stern frames for large ships. A notable milestone in its history is the joint venture with Nucor Corporation in 1987, which led to the establishment of Nucor-Yamato Steel, a leading producer of H-beams in the North American market. Yamato Kogyo has expanded its operations globally, establishing a presence in seven countries, including the United States, Southeast Asia, the Middle East, and South Korea. The company collaborates with local partners to leverage their market knowledge and management expertise, blending it with Yamato Kogyo’s production technology to foster growth and development in these regions.

Summarized from source with an LLMView SourceSector: Energy

Net Sales

Yamato Kogyo KK reported consolidated net sales of ¥163,479 million for the fiscal year ended March 31, 2024, reflecting a 9.4% decrease compared to the previous fiscal year. This decline was primarily due to a global weakening of steel demand and market conditions.

Operating Profit

The company achieved an operating profit of ¥17,282 million for the fiscal year ended March 31, 2024, marking a 2.8% increase from the previous year. This improvement was attributed to efforts in maintaining metal margins and reducing costs, despite the challenging market environment.

Ordinary Profit

Yamato Kogyo KK's ordinary profit for the fiscal year ended March 31, 2024, was ¥99,223 million, representing a 9.6% increase from the prior year. The performance was bolstered by the ongoing depreciation of the yen and high interest rates in the U.S.

Profit Attributable to Owners of Parent

The profit attributable to owners of parent for the fiscal year ended March 31, 2024, was ¥70,018 million, showing a 7.2% rise compared to the previous fiscal year. This increase was achieved despite a decrease in sales volume, thanks to improved metal margins and cost reduction efforts.

Dividends

For the fiscal year ended March 31, 2024, Yamato Kogyo KK declared an annual dividend of ¥400.00 per share, which includes a special dividend of ¥100.00 per share. This is an increase from the previous year's total dividend of ¥300.00 per share.

Summarized from source with an LLMView Source

Key figures

-0.55%1Y

101%3Y

172%5Y

Performance

29.1%1Y

28.6%3Y

31.5%5Y

Volatility