Iron & Steel · Fiscal year end Mar 31

NAKAYAMA STEEL WORKS, LTD.

5408

株式会社中山製鋼所

FIGI BBG000BGBZ655408.T5408 JPCorp. no. 5120001027901

Latest half-year results

First half · fiscal year to 2026-03 · filed 2025-11-13

For the first half of the fiscal year to 2026-03: Revenue ¥76.6 billion (-14.4% YoY), Ordinary income ¥2.9 billion (-37.6% YoY), Net income ¥1.7 billion (-46.7% YoY).

	This period	Year on year
Revenue	¥76.6bn	-14.4%
Ordinary profit	¥2.9bn	-37.6%
Net profit to owners	¥1.7bn	-46.7%

From the securities report on EDINET, which states no forecast. History via /v1/companies/5408/earnings-releases.

Financials

Japan GAAP · consolidated · fiscal year to 2026-03-31

Revenue: ¥148.3bn
Net income: ¥2.5bn
ROE: 2.3%
Equity ratio: 71.6%
Dividend / share: ¥14
Employees: 1,285

Revenue · ¥bn

Net income · ¥bn

Fiscal year	Revenue	Net income	Total assets	Net assets	ROE	EPS	Operating CF
2026-03-31	¥148.3bn	¥2.5bn	¥152.4bn	¥109.1bn	2.3%	¥45.44	¥15.3bn
2025-03-31	¥169.3bn	¥5.7bn	¥149.1bn	¥106.8bn	5.4%	¥105.14	¥7.3bn
2024-03-31	¥184.4bn	¥8.9bn	¥152.1bn	¥104.6bn	8.8%	¥164.43	¥5.2bn
2023-03-31	¥188.5bn	¥10.2bn	¥148.8bn	¥96.9bn	11.0%	¥188.92	¥13.0bn
2022-03-31	¥166.7bn	¥4.8bn	¥143.6bn	¥88.9bn	5.6%	¥88.96	−¥8.8bn

Indicators

Computed by us from filings · fiscal year to 2026-03-31

Metric	Value	Percentile among listed companies
ROE, %	2.3	12
Ordinary margin	0.0324	26
Equity ratio, %	71.6	77.2
Revenue growth	-0.1242	4.9
Net income growth	-0.5677	12
Operating cash flow / assets	0.1002	73.2

Policy-uncertainty measure0.67 Share of the report's text discussing policy-related uncertainty, by policy area. Proprietary text method.

Trade & tariffs 1 Politics & geopolitics 1

Ownership activity 0 filer(s) stated they may make proposals in 365 days; 1 new 5% holder(s) in 180 days; net stake change +7.22pt in 90 days; 25.6% held by other listed companies.

Results wording balance: -1.00. Proprietary text method; it describes the wording only and does not interpret context.

Interest example: if all ¥8.5bn of reported debt repriced by 50 basis points, a year's interest would rise by ¥43m, 0.3% of operating cash flow. Our arithmetic only, not a forecast: fixed-rate debt and hedges are ignored.

Via /v1/companies/5408/indicators. Descriptive figures, not a rating and not investment advice.

From other filings

As the company states them

Internal control, 2026-06-24: see filing 上記の評価手続を実施した結果、当事業年度末日時点において、当社の財務報告に係る内部統制は有効であると判断しました。 Filing

Segments, votes and tender offers

Stated in EDINET filings

Segments: Steel, Engineering, Real Estate. /v1/companies/5408/segments

Latest voting result: 2026-06-25 · 剰余金の処分の件 · passed. /v1/companies/5408/voting

Ownership changes

All companies →

2026-10-07

New 5% stake

YODOKO,Ltd. disclosed a 10.70% stake in NAKAYAMA STEEL WORKS, LTD. (5408), crossing the 5% reporting threshold.

S100Z3KOFiler profile Original filing (PDF, Japanese)
2026-10-07

Threshold

Holdings of YODOKO,Ltd. in NAKAYAMA STEEL WORKS, LTD. (5408) moved above 10% (new -> 10.70%).

S100Z3KOFiler profile Original filing (PDF, Japanese)
2026-10-05

Increase+7.22pt

Hanwa Co., Ltd. raised holdings in NAKAYAMA STEEL WORKS, LTD. (5408) to 20.00% from 12.78%.

S100Z5LRFiler profile Original filing (PDF, Japanese)
2026-10-05

Threshold

Holdings of Hanwa Co., Ltd. in NAKAYAMA STEEL WORKS, LTD. (5408) moved above 20% (12.78% -> 20.00%).

S100Z5LRFiler profile Original filing (PDF, Japanese)
2022-12-14

Below 5%−8.71pt

NIPPON STEEL CORPORATION cut holdings in NAKAYAMA STEEL WORKS, LTD. (5408) to 0.00% from 8.71%, below the 5% threshold.

S100PS2MFiler profile Original filing (PDF, Japanese)
2022-12-09

Decrease−1.09pt

NIPPON STEEL CORPORATION reduced holdings in NAKAYAMA STEEL WORKS, LTD. (5408) to 8.71% from 9.80%.

S100PR01Filer profile Original filing (PDF, Japanese)
2022-01-20

Below 5%−1.06pt

NIPPON STEEL TRADING CORPORATION cut holdings in NAKAYAMA STEEL WORKS, LTD. (5408) to 4.13% from 5.19%, below the 5% threshold.

S100N8ZVFiler profile Original filing (PDF, Japanese)

Trades by 5% holders

From the 60-day trade tables in 5% reports

Bought SoldHover a dot for the trade

Holder	Period	Net shares	Net % of shares	Avg. filed price	Range
株式会社ヨドコウ	2026-10-02 – 2026-10-02	+7,357,000	+10.70pt	¥666	¥666–666
阪和興業株式会社	2026-10-02 – 2026-10-02	+5,697,000	+8.28pt	¥666	¥666–666
日本製鉄株式会社	2022-11-29 – 2022-12-07	-6,181,939	−9.79pt	—	—
日鉄物産株式会社	2022-01-05 – 2022-01-13	-507,700	−0.80pt	—	—

Net shares and the average are our calculations. Prices are filed prices as stated by the filer, mostly for off-market trades; they are not market prices. Stock lending, custody transfers and option exercises are excluded from net shares. Every row via /v1/companies/5408/trades.

5% filings

Large shareholding reports on 5408

Filed	Filer	Stake	Change	Stated purpose
2026-10-07	YODOKO,Ltd.	10.70%	—	business alliance
2026-10-05	HANWA CO.,LTD.	20.00%	+7.22pt	business alliance
2026-04-06	AIR WATER INC.	7.50%	0.00pt	—
2022-12-14	NIPPON STEEL CORPORATION	0.00%	−8.71pt	—
2022-12-09	NIPPON STEEL CORPORATION	8.71%	−1.09pt	strategic holding
2022-01-20	NIPPON STEEL TRADING CORPORATION	4.13%	−1.06pt	strategic holding

Cross-shareholdings

From the annual report's status of shareholdings

Listed strategic holdings: 3 issues
Book value: ¥1.9bn
Sold in the year: — — issues
Bought in the year: — — issues
Mutual, both reports: 2
Held by listed cos.: 10

Holds	Book value	Shares vs. prior year	Mutual
HANWA CO.,LTD. 8078	¥1,885m	0.0%	both reports
SEIWA CHUO HOLDINGS CORPORATION 7531	¥36m	0.0%	both reports
ONOKEN CO.,LTD. 7414	¥0m	0.0%	no

Held by: HANWA CO.,LTD. 8078, AIR WATER INC. 4088, OSAKA GAS CO.,LTD. 9532, Maruichi Steel Tube Ltd. 5463, SANKYU INC. 9065, RIX CORPORATION 7525, SHINAGAWA REFRA CO., LTD. 5351, SEIWA CHUO HOLDINGS CORPORATION 7531, Nippon Carbon Co. , Ltd. 5302, Kurita Water Industries Ltd. 6370

Purposes, all holdings and mutual flags via /v1/companies/5408/cross-holdings. Share changes include stock splits.

Major shareholders

As of fiscal year end 2026-03-31

Shareholder	Shares	Ratio
阪和興業株式会社	8,058,000	14.86%
エア・ウォーター株式会社	4,729,000	8.72%
日本マスタートラスト信託銀行株式会社（信託口）（注）	3,836,000	7.07%
大阪瓦斯株式会社	1,923,000	3.54%
丸一鋼管株式会社	1,300,000	2.39%
尼崎製罐株式会社	1,274,000	2.35%
BNYMSANV RE BNYMIL RE WS ZENNOR JAPAN EQUITY INCOME FUND	1,058,000	1.95%
individual holder	859,000	1.58%
日鉄物産株式会社	815,000	1.50%
DIMENSIONAL ETF TRUST-DIMENSIONAL INTERNATIONAL SMALL CAP VALUE ETF	598,000	1.10%

U.S. funds holding 5408

SEC Form N-PORT, reports to 2026-07-31

26 U.S. funds held 2,970,106 shares worth $12.1m.

Fund	Shares	Value	% of fund	As of
Dimensional International Small Cap Value ETF Dimensional ETF Trust	620,400	$2.6m	0.052%	2026-07-31
Avantis International Small Cap Value ETF American Century ETF Trust	466,100	$1.9m	0.010%	2026-05-31
DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC	398,900	$1.6m	0.011%	2026-07-31
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS	368,114	$1.5m	0.000%	2026-07-31
VANGUARD DEVELOPED MARKETS INDEX FUND VANGUARD TAX-MANAGED FUNDS	313,163	$1.2m	0.000%	2026-06-30

Up to 25 funds per stock via the API.

Get this as JSON

GET /v1/companies/5408
GET /v1/companies/5408/financials
GET /v1/companies/5408/details
GET /v1/companies/5408/segments
GET /v1/companies/5408/voting
GET /v1/companies/5408/tender-offers
GET /v1/companies/5408/indicators
GET /v1/companies/5408/earnings-releases
GET /v1/events?ticker=5408
GET /v1/companies/5408/trades         
GET /v1/companies/5408/cross-holdings 
GET /v1/companies/5408/brief

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