JFE Holdings stock reports stronger fiscal first quarter profit

Published on 10/07/2026 at 03:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JFE Holdings stock traded at JPY 1,710.50 on October 7, 2026, while fiscal Q1 business profit rose 98.7 percent. Analysts set a JPY 1,880 average target.

JFE, JP3386030005, Illustration mit AI erstellt.

JFE Holdings stock (ISIN JP3386030005) was trading at JPY 1,710.50 on the Tokyo Stock Exchange on October 7, 2026 at 10:23 a.m. JST, down 0.70 percent from the prior close. The latest company figures show a sharp fiscal first-quarter profit increase, although steel spreads and engineering orders remain important pressure points.

Fiscal Q1 profit nearly doubles

JFE Holdings reported fiscal Q1 revenue of JPY 1,161.178 billion for the quarter ended June 30, 2026, up 4.1 percent from the prior-year period. Business profit reached JPY 32.313 billion, an increase of 98.7 percent, according to Smart Stock Notes.

The improvement was not purely volume-driven. The same report says JFE recorded JPY 15.0 billion in land-sale gains during the quarter, while the steel segment moved from a JPY 12.150 billion loss a year earlier to a JPY 3.051 billion profit.

Guidance leaves steel as the test

JFE raised its fiscal-year revenue forecast from JPY 4.800 trillion to JPY 4.850 trillion, while keeping business profit guidance at JPY 215.0 billion and attributable net profit guidance at JPY 150.0 billion, JFE Holdings lists in its investor information and August 5 results materials.

The operating detail is mixed. Steel revenue fell 0.4 percent to JPY 676.148 billion, while engineering profit rose 55.4 percent to JPY 8.940 billion. Engineering first-half order expectations of JPY 290.0 billion are 20.1 percent below the prior-year comparison, making order recovery a key checkpoint for the next report.

Analysts see limited upside

Investing.com shows a Neutral consensus from 9 analysts, with a 12-month average target of JPY 1,880, a high of JPY 2,200 and a low of JPY 1,600. The average target lies 9.90 percent above the October 7 trading price.

JFE Holdings stock stays below yearly high

The stock's 52-week range is JPY 1,535 to JPY 2,359, while market capitalization stands at JPY 1,088.1 billion and trading volume reached 1,039,300 shares on October 7, 2026. The price sits 27.51 percent below the 52-week high, leaving steel margins and the conversion of earnings guidance into recurring profit as the central valuation questions.