SATO SHO-JI CORPORATION
8065・Prime Market・Wholesale Trade
Steel Business
Largest segment of the Sato Sho Group. Sells ordinary steel and special steel to commercial vehicle and construction/industrial machinery industries, etc.
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales (Full year, FY2026 (ending March 2026)) | ¥175,823 million | ¥177,897 million | ↓ |
| Operating Profit (Full year, FY2026 (ending March 2026)) | ¥3,095 million | ¥3,365 million | ↓ |
| Segment Assets (as of end of FY2026 (ending March 2026)) | ¥98,675 million | ¥103,099 million | ↓ |
| Depreciation (Full year, FY2026 (ending March 2026)) | ¥1,081 million | ¥888 million | ↑ |
Business Details
Sells ordinary steel such as surface-treated steel sheets, cold-rolled steel sheets, hot-rolled steel sheets, steel bars and steel rods, special steel such as structural carbon steel, alloy steel and tool steel, and construction materials & equipment to the automotive, construction machinery, agricultural machinery, construction, electrical equipment, shipbuilding and mold industries. The company owns coil centers in Kanagawa, Tochigi and Koriyama and also performs primary processing such as cutting. It has multiple affiliated companies in Japan and overseas, and has established a sales network in the Asia region. This is the core segment, accounting for approximately 60% of consolidated net sales.
Recent Overview
Sales to commercial vehicle and construction/industrial machinery customers were solid, but both net sales and operating profit declined year on year due to falling material prices.
In the Steel Business for FY2026 (ending March 2026), sales to the commercial vehicle and construction/industrial machinery industries, the segment's main customer bases, remained solid; however, due to the impact of falling material prices, net sales came to ¥175,823 million (down 1.2% year on year) and operating profit came to ¥3,095 million (down 8.0% year on year). The impairment loss on fixed assets (¥27 million) recorded in the prior period did not recur in the current period. Segment assets also decreased by ¥4,424 million compared to the end of the prior period.
Key Products
Growth Drivers
- Recovery in domestic and overseas sales to the commercial vehicle and construction/industrial machinery industries
- Expansion of sales through enhanced sales bases and local procurement in China, Southeast Asia and South Asia
- Expansion of sales regions through M&A, etc.
- Diversification of procurement sources and strengthening of handling of lightweight and sustainability-enhancing products
- Enhancement of value-added primary processing utilizing coil centers
Risks
- Risk of continued weak demand from the commercial vehicle and construction/industrial machinery industries
- Impact on net sales and profit margins from declines in material prices (steel prices)
- Deterioration in demand and procurement environment due to US trade policy (tariffs) and geopolitical risks
- Impact on overseas sales revenue from foreign exchange rate fluctuations
- Risk of impairment of fixed assets
Last updated: June 19, 2026