Osaka Steel Co., Ltd. revised consolidated and non-consolidated earnings guidance for the full year ending March 31, 2016. For the year, on consolidated basis, the company expects net sales of JPY 55,000 million, operating profit of JPY 7,800 million, ordinary profit of JPY 8,000 million and profit attributable to owners of parent of JPY 6,800 million or JPY 174.71 per share compared to previous forecast of net sales of JPY 55,000 million, operating profit of JPY 7,800 million, ordinary profit of JPY 8,000 million and profit attributable to owners of parent of JPY 4,900 million or JPY 125.89 per share.

For the year, on non-consolidated basis, the company expects net sales of JPY 49,000 million, operating profit of JPY 7,200 million, ordinary profit of JPY 7,600 million and profit attributable to owners of parent of JPY 6,300 million or JPY 161.86 per share.