Brief: Kobe Steel Executive: Factored In Negative Impact Of 10 Billion Yen This FY From Middle East Crisis, Assuming Conflict Continues Through End Of H1
11/05/2026 06:34
May 11 (Reuters) - Kobe Steel Ltd 5406.T Executive: FACTORED IN NEGATIVE IMPACT OF 10 BILLION YEN IN FY2026 FORECAST FROM MIDDLE EAST CRISIS, ASSUMING CONFLICT CONTINUES THROUGH END OF H1 BOOKED 20.9 BILLION YEN IMPAIRMENT LOSS IN FY2025/26 ON ALUMINIUM PANEL MANUFACTURING FACILITY DUE TO REDUCED SALES TO AUTOMAKERS THERE HAS BEEN NO IMPACT ON OUR ALUMINIUM PRODUCTION FROM SHORTAGES OF RAW MATERIALS CAUSED BY THE MIDDLE EAST CRISIS NO SIGNS OF IMPROVEMENT IN STEEL MARKET Further company coverage: 5406.T (Reporting by Yuka Obayashi)
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