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HOKUETSU METAL Co., Ltd. logo

HOKUETSU METAL Co., Ltd.

5446.T

JPXBasic MaterialsSteel

Open in GoAI

Latest quote

¥1,075

−¥7.00 · -0.65%

Aug 24, 11:30 AM JST

5446.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

HOKUETSU METAL Co., Ltd., based in Nagaoka, Japan, is a multifaceted enterprise engaged in the manufacturing, fabrication, and distribution of iron and steel products across the country. Its primary steel offerings include various steel bars for reinforced concrete, rolled steel materials suited for general and structural building applications, and mild steel wires presented in bar-in-coil formats. The company also produces a range of shaped steel products, covering general, structural, and deformed profiles. Beyond fundamental steel components, HOKUETSU METAL supplies a comprehensive array of building and civil engineering materials. This extensive catalog features diverse bolt types, such as UN, self-drilling, and steel pipe expansion bolts, in addition to rebar processing assemblies, UHY hoops, U-CON rings, and fab deck systems. They also provide mechanical fixing hardware, turnbuckles, structural anchor bolts, TH pieces, automobile tire chains, deformed steel bars, and a wide assortment of bolts and fittings for various construction and infrastructure projects. The company's operations extend into other sectors, including the production and sale of machinery. Furthermore, HOKUETSU METAL is involved in waste management, handling the collection, transportation, processing, and commercialization of general and industrial waste, as well as recycled goods. Complementing these activities, the company also offers warehousing and cargo transportation services. HOKUETSU METAL Co., Ltd. was established in 1942.

Industry
Steel
Sector
Basic Materials
Headquarters
JP
CEO
Yoshihito Kano
Listed since
Jan 4, 2001
Employees
483

Market position

Day range

Current ¥1,075

52-week range

Current ¥1,075

Open
¥1,082
Previous close
¥1,082
Volume
4.5K
0.84× average
Average volume
5.37K
Average daily volume
Market cap
4.15B JPY
Beta
0.03
Market reference 1
50-day average
¥1,137.8
-5.52% below average
200-day average
¥1,222.62
-12.07% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.71B JPY
P/E (TTM)
-7.55×
P/B (TTM)
0.23×
P/S (TTM)
0.18×
EV / EBITDA
6.26×
Earnings yield
-7.10%
Free cash flow yield
18.15%
Dividend yield
0.74%

Profitability & efficiency

Gross margin
10.12%
Operating margin
-2.41%
Net margin
-2.37%
Return on equity
-1.89%
Return on assets
-1.31%
Return on invested capital
-1.41%

Financial health

Debt / equity
0.12×
Current ratio
2.15×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends15%8%2%-5%Gross margin, FY2021: 7.81%Gross margin, FY2022: 13.44%Gross margin, FY2023: 11.53%Gross margin, FY2024: 13.39%Gross margin, FY2025: 11.38%Operating margin, FY2021: -2.79%Operating margin, FY2022: 3.35%Operating margin, FY2023: 1.66%Operating margin, FY2024: 2.33%Operating margin, FY2025: -1.31%Net margin, FY2021: -3.54%Net margin, FY2022: 3.26%Net margin, FY2023: 1.47%Net margin, FY2024: 1.99%Net margin, FY2025: -1.44%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 7.81%. Gross margin FY2022 13.44%. Gross margin FY2023 11.53%. Gross margin FY2024 13.39%. Gross margin FY2025 11.38%. Operating margin FY2021 -2.79%. Operating margin FY2022 3.35%. Operating margin FY2023 1.66%. Operating margin FY2024 2.33%. Operating margin FY2025 -1.31%. Net margin FY2021 -3.54%. Net margin FY2022 3.26%. Net margin FY2023 1.47%. Net margin FY2024 1.99%. Net margin FY2025 -1.44%.

Income trends

Revenue

23.6B JPY-17.86%

Operating income

−309.16M JPY−977.32M JPY

Net income

−339.42M JPY−911.58M JPY
Income trends across reported periods35.1B JPY21.99B JPY8.87B JPY−4.25B JPYRevenue, FY2021: 27.36B JPYRevenue, FY2022: 31.04B JPYRevenue, FY2023: 31.82B JPYRevenue, FY2024: 28.73B JPYRevenue, FY2025: 23.6B JPYOperating income, FY2021: −762.56M JPYOperating income, FY2022: 1.04B JPYOperating income, FY2023: 528.52M JPYOperating income, FY2024: 668.15M JPYOperating income, FY2025: −309.16M JPYNet income, FY2021: −967.69M JPYNet income, FY2022: 1.01B JPYNet income, FY2023: 467.9M JPYNet income, FY2024: 572.17M JPYNet income, FY2025: −339.42M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 27.36B JPY. Revenue FY2022 31.04B JPY. Revenue FY2023 31.82B JPY. Revenue FY2024 28.73B JPY. Revenue FY2025 23.6B JPY. Operating income FY2021 −762.56M JPY. Operating income FY2022 1.04B JPY. Operating income FY2023 528.52M JPY. Operating income FY2024 668.15M JPY. Operating income FY2025 −309.16M JPY. Net income FY2021 −967.69M JPY. Net income FY2022 1.01B JPY. Net income FY2023 467.9M JPY. Net income FY2024 572.17M JPY. Net income FY2025 −339.42M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue23.6B JPY28.73B JPY31.82B JPY31.04B JPY27.36B JPY
Cost of goods sold20.91B JPY24.88B JPY28.15B JPY26.87B JPY25.22B JPY
Gross profit2.69B JPY3.85B JPY3.67B JPY4.17B JPY2.14B JPY
Research and development——33.07M JPY11M JPY7.42M JPY
Selling, general, and administrative3B JPY3.18B JPY3.04B JPY3.07B JPY2.85B JPY
Operating expenses3B JPY3.18B JPY3.14B JPY3.13B JPY2.9B JPY
Interest income89.06M JPY69.23M JPY55.94M JPY57.36M JPY45.02M JPY
Interest expense20.39M JPY22.24M JPY18.66M JPY18.13M JPY12.27M JPY
Depreciation and amortization1.06B JPY1.06B JPY1.09B JPY1.06B JPY986.49M JPY
Operating income−309.16M JPY668.15M JPY528.52M JPY1.04B JPY−762.56M JPY
Net income−339.42M JPY572.17M JPY467.9M JPY1.01B JPY−967.69M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-45.45

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates66.5922.02-22.55-67.12Q4 '24Q1 '25Q2 '25Q2 '25Q3 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 1, 2024: actual 25.9, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 31, 2025: actual 57.37, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 9, 2025: actual 39.46, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 30, 2025: actual 8.82, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual -5.3, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 5, 2026: actual -33.69, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 12, 2026: actual -57.9, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 4, 2026: actual -45.45, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates7.86B6.89B5.92B4.96BQ4 '24Q1 '25Q2 '25Q2 '25Q3 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 1, 2024: actual 7.56B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 31, 2025: actual 7.06B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 9, 2025: actual 6.09B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 30, 2025: actual 6.49B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 5.91B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 5, 2026: actual 5.94B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 12, 2026: actual 5.26B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 4, 2026: actual 6.07B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥39.00

2025 complete year+290.0% since 2021

2026 partial: ¥4.00

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Mar 30, 2026

¥4.00

Semi-Annual

Record Mar 31, 2026 · Payment Mar 30, 2026

Dividend

Ex-dividend Sep 29, 2025

¥4.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 1, 2025

Dividend

Ex-dividend Mar 28, 2025

¥35.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 2, 2025

Dividend

Ex-dividend Sep 27, 2024

¥10.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 2, 2024

Dividend

Ex-dividend Mar 28, 2024

¥5.00

Semi-Annual

Record Mar 31, 2024 · Payment May 31, 2024

Dividend

Ex-dividend Sep 28, 2023

¥30.00

Semi-Annual

Record Sep 30, 2023 · Payment Dec 1, 2023

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