Kobe Steel, Ltd. provided consolidated earnings forecast for the first half and full year ending March 31, 2023. For the half year, the company expects net sales of JPY 1,160 billion, operating income of JPY 25 billion, net income attributable to owners of parent of JPY 30 billion and net income per share of JPY 76.03.

For the year, the company expects net sales of JPY 2,370 billion, operating income of JPY 80 billion, net income attributable to owners of parent of JPY 60 billion and net income per share of JPY 152.07.