JFE Holdings

Financial history

Revenue · FYE Mar 2026
¥4.54tn
Operating profit · FYE Mar 2026
¥112bn
Net profit · FYE Mar 2026
¥70bn
Total assets
¥5.90tn
Equity ratio
43.4%
Long-term series
2003–2026
JFE Holdings: long-term performance & turning pointsSales (revenue) and profit-margin ratio
Sales (¥ bn)Net margin (%)
Long-term results, every fiscal year on record (¥ bn). Scroll sideways for earlier years.
Fiscal year Unit 2003 *1 FYE Mar 2004 *1 FYE Mar 2005 *1 FYE Mar 2006 *1 FYE Mar 2007 *1 FYE Mar 2008 *1 FYE Mar 2009 *1 FYE Mar 2010 *1 FYE Mar 2011 *1 FYE Mar 2012 *1 FYE Mar 2013 *1 FYE Mar 2014 *1 FYE Mar 2015 *1 FYE Mar 2016 *1 FYE Mar 2017 *1 FYE Mar 2018 *1 FYE Mar 2019 *1 FYE Mar 2020 *1 FYE Mar 2021 *1 FYE Mar 2022 *1 FYE Mar 2023 *1 FYE Mar 2024 *1 FYE Mar 2025 *1 FYE Mar 2026 *1 FYE Mar
Revenue JPY ¥2.43tn¥2.47tn¥2.80tn¥3.10tn¥3.26tn¥3.54tn¥3.91tn¥2.84tn¥3.20tn¥3.17tn¥3.19tn¥3.67tn¥3.85tn¥3.43tn¥3.31tn¥3.68tn¥3.96tn¥3.73tn¥3.23tn¥4.37tn¥5.27tn¥5.17tn¥4.86tn¥4.54tn
YoY % +1.9%+13.3%+10.5%+5.2%+8.6%+10.4%-27.2%+12.3%-0.9%+0.7%+15.0%+5.0%-10.9%-3.6%+11.2%+7.7%-5.9%-13.5%+35.3%+20.7%-1.8%-6.1%-6.6%
Operating profit JPY ¥517bn¥504bn¥511bn¥408bn¥89bn¥183bn¥45bn¥40bn¥153bn¥223bn¥91bn¥97bn¥167bn¥222bn-¥201bn¥7.6bn¥400bn¥225bn¥287bn¥165bn¥112bn
YoY % -2.6%+1.3%-20.1%-78.2%+105.9%-75.5%-10.9%+284.2%+45.2%-59.3%+6.7%+73.1%+32.5%-190.6%+5165.8%-43.8%+27.5%-42.5%-32.0%
Ordinary profit JPY ¥105bn¥218bn¥461bn¥517bn¥514bn¥503bn¥401bn¥69bn¥166bn¥53bn¥52bn¥174bn
Net profit JPY ¥16bn¥107bn¥160bn¥326bn¥300bn¥262bn¥194bn¥46bn¥59bn-¥37bn¥40bn¥102bn¥139bn¥34bn¥68bn¥145bn¥164bn-¥198bn-¥22bn¥288bn¥163bn¥197bn¥92bn¥70bn
YoY % +571.7%+49.8%+103.7%-8.1%-12.6%-25.8%-76.5%+28.5%-162.5%+159.0%+36.2%-75.9%+102.1%+113.0%+13.6%-220.4%-43.5%+21.4%-53.5%-23.5%
Operating margin % 16.7%15.5%14.4%10.4%3.1%5.7%1.4%1.3%4.2%5.8%2.6%2.9%4.6%5.6%-5.4%0.2%9.2%4.3%5.5%3.4%2.5%
Net margin % 0.7%4.3%5.7%10.5%9.2%7.4%5.0%1.6%1.8%-1.2%1.2%2.8%3.6%1.0%2.1%3.9%4.1%-5.3%-0.7%6.6%3.1%3.8%1.9%1.5%
Cost structure Cost of sales SG&A Other operating costs Operating profit Operating margin

Where each yen of revenue goes — cost of sales, SG&A and what is left as operating profit (¥ bn, stacked)

Revenue and its cost lines, every year the breakdown was filed (¥ bn).
Fiscal year Unit 2006 *1 FYE Mar 2007 *1 FYE Mar 2008 *1 FYE Mar 2009 *1 FYE Mar 2010 *1 FYE Mar 2011 *1 FYE Mar 2012 *1 FYE Mar 2013 *1 FYE Mar 2014 *1 FYE Mar 2015 *1 FYE Mar 2016 *1 FYE Mar 2017 *1 FYE Mar 2018 *1 FYE Mar 2019 *1 FYE Mar 2020 *1 FYE Mar 2021 *1 FYE Mar 2022 *1 FYE Mar 2023 *1 FYE Mar 2024 *1 FYE Mar 2025 *1 FYE Mar 2026 *1 FYE Mar
Revenue JPY ¥3.10tn¥3.26tn¥3.54tn¥3.91tn¥2.84tn¥3.20tn¥3.17tn¥3.19tn¥3.67tn¥3.85tn¥3.43tn¥3.31tn¥3.68tn¥3.96tn¥3.73tn¥3.23tn¥4.37tn¥5.27tn¥5.17tn¥4.86tn¥4.54tn
YoY % +5.2%+8.6%+10.4%-27.2%+12.3%-0.9%+0.7%+15.0%+5.0%-10.9%-3.6%+11.2%+7.7%-5.9%-13.5%+35.3%+20.7%-1.8%-6.1%-6.6%
Cost of sales JPY ¥2.28tn¥2.45tn¥2.72tn¥3.20tn¥2.51tn¥2.77tn¥2.88tn¥2.88tn¥3.22tn¥3.31tn¥3.02tn¥2.89tn¥3.05tn¥3.33tn¥3.33tn¥2.91tn¥3.69tn¥4.66tn¥4.52tn¥4.33tn¥4.01tn
SG&A JPY ¥296bn¥307bn¥308bn¥301bn¥250bn¥247bn¥242bn¥265bn¥298bn¥315bn¥323bn¥323bn¥337bn¥357bn¥357bn¥324bn¥360bn¥392bn¥409bn¥409bn¥431bn
Other operating costs JPY ¥120bn¥54bn¥240bn-¥20bn
Operating profit JPY ¥517bn¥504bn¥511bn¥408bn¥89bn¥183bn¥45bn¥40bn¥153bn¥223bn¥91bn¥97bn¥167bn¥222bn-¥201bn¥7.6bn¥400bn¥225bn¥287bn¥165bn¥112bn
YoY % -2.6%+1.3%-20.1%-78.2%+105.9%-75.5%-11.0%+284.5%+45.2%-59.3%+6.7%+73.0%+32.5%-190.6%+5189.3%-43.8%+27.5%-42.5%-32.0%
Operating margin % 16.7%15.5%14.4%10.4%3.1%5.7%1.4%1.3%4.2%5.8%2.6%2.9%4.5%5.6%-5.4%0.2%9.2%4.3%5.5%3.4%2.5%
Change pp -1.2pp-1.1pp-4.0pp-7.3pp+2.6pp-4.3pp-0.1pp+2.9pp+1.6pp-3.2pp+0.3pp+1.6pp+1.1pp-11.0pp+5.6pp+9.0pp-4.9pp+1.2pp-2.1pp-0.9pp
Balance sheet Total assets Equity Interest-bearing debt Equity ratio

Total assets, equity and interest-bearing debt (¥ bn), with the equity ratio (%)

Balance-sheet totals, every year on record (¥ bn).
Fiscal year Unit 2003 *1 FYE Mar 2004 *1 FYE Mar 2005 *1 FYE Mar 2006 *1 FYE Mar 2007 *1 FYE Mar 2008 *1 FYE Mar 2009 *1 FYE Mar 2010 *1 FYE Mar 2011 *1 FYE Mar 2012 *1 FYE Mar 2013 *1 FYE Mar 2014 *1 FYE Mar 2015 *1 FYE Mar 2016 *1 FYE Mar 2017 *1 FYE Mar 2018 *1 FYE Mar 2019 *1 FYE Mar 2020 *1 FYE Mar 2021 *1 FYE Mar 2022 *1 FYE Mar 2023 *1 FYE Mar 2024 *1 FYE Mar 2025 *1 FYE Mar 2026 *1 FYE Mar
Total assets JPY ¥3.83tn¥3.72tn¥3.66tn¥3.63tn¥3.87tn¥4.17tn¥4.33tn¥3.92tn¥3.98tn¥4.01tn¥4.11tn¥4.24tn¥4.64tn¥4.23tn¥4.34tn¥4.44tn¥4.65tn¥4.65tn¥4.65tn¥5.29tn¥5.52tn¥5.75tn¥5.65tn¥5.90tn
YoY % -2.8%-1.8%-0.7%+6.7%+7.7%+3.8%-9.5%+1.5%+0.8%+2.5%+3.3%+9.4%-8.7%+2.4%+2.4%+4.7%-0.1%+0.2%+13.6%+4.5%+4.2%-1.9%+4.4%
Equity JPY ¥594bn¥745bn¥969bn¥1.31tn¥1.50tn¥1.50tn¥1.34tn¥1.42tn¥1.44tn¥1.46tn¥1.60tn¥1.75tn¥1.94tn¥1.80tn¥1.87tn¥1.95tn¥2.01tn¥1.55tn¥1.60tn¥1.91tn¥2.05tn¥2.39tn¥2.47tn¥2.56tn
YoY % +25.4%+30.1%+35.2%+14.7%-0.4%-10.6%+6.3%+1.2%+1.2%+9.6%+9.3%+11.1%-6.9%+3.4%+4.5%+3.2%-23.2%+3.3%+19.2%+7.4%+16.7%+3.5%+3.5%
Interest-bearing debt JPY ¥1.16tn¥1.18tn¥1.28tn¥1.77tn¥1.47tn¥1.50tn¥1.59tn¥1.60tn¥1.53tn¥1.28tn¥1.20tn¥1.24tn¥1.39tn¥1.52tn¥1.81tn¥1.81tn¥1.85tn¥1.86tn¥1.83tn¥1.77tn¥1.96tn
Equity ratio % 15.5%20.0%26.5%36.1%38.8%35.9%30.9%36.3%36.2%36.3%38.9%41.2%41.8%42.6%43.0%43.9%43.3%33.3%34.3%36.0%37.1%41.5%43.8%43.4%
Change pp +4.5pp+6.5pp+9.6pp+2.7pp-2.9pp-5.0pp+5.4pp-0.1pp+0.1pp+2.6pp+2.3pp+0.6pp+0.8pp+0.4pp+0.9pp-0.6pp-10.0pp+1.0pp+1.7pp+1.1pp+4.4pp+2.3pp-0.4pp
Cash flow Operating CF Investing CF Financing CF

Cash generated by operations, spent on investment and raised or repaid in financing (¥ bn)

Cash flows as filed, every year on record (¥ bn). A negative figure is cash out.
Fiscal year Unit 2003 *1 FYE Mar 2004 *1 FYE Mar 2005 *1 FYE Mar 2006 *1 FYE Mar 2007 *1 FYE Mar 2008 *1 FYE Mar 2009 *1 FYE Mar 2010 *1 FYE Mar 2011 *1 FYE Mar 2012 *1 FYE Mar 2013 *1 FYE Mar 2014 *1 FYE Mar 2015 *1 FYE Mar 2016 *1 FYE Mar 2017 *1 FYE Mar 2018 *1 FYE Mar 2019 *1 FYE Mar 2020 *1 FYE Mar 2021 *1 FYE Mar 2022 *1 FYE Mar 2023 *1 FYE Mar 2024 *1 FYE Mar 2025 *1 FYE Mar 2026 *1 FYE Mar
Operating CF JPY ¥241bn¥357bn¥463bn¥402bn¥418bn¥438bn¥244bn¥390bn¥303bn¥110bn¥287bn¥255bn¥297bn¥267bn¥185bn¥299bn¥236bn¥261bn¥247bn¥299bn¥396bn¥479bn¥379bn¥379bn
YoY % +48.4%+29.5%-13.1%+3.9%+4.9%-44.4%+59.8%-22.3%-63.6%+160.8%-11.2%+16.7%-10.2%-30.6%+61.1%-21.1%+10.7%-5.3%+20.8%+32.5%+21.0%-20.9%0.0%
Investing CF JPY -¥127bn-¥135bn-¥110bn-¥116bn-¥293bn-¥297bn-¥350bn-¥237bn-¥302bn-¥205bn-¥164bn-¥164bn-¥216bn-¥137bn-¥164bn-¥195bn-¥285bn-¥358bn-¥164bn-¥288bn-¥274bn-¥325bn-¥283bn-¥453bn
Financing CF JPY -¥184bn-¥229bn-¥370bn-¥316bn-¥113bn-¥125bn¥260bn-¥322bn¥23bn¥96bn-¥148bn-¥106bn-¥78bn-¥145bn-¥18bn-¥91bn¥57bn¥104bn-¥30bn-¥57bn-¥110bn-¥45bn-¥157bn¥62bn
Cash & equivalents JPY ¥87bn¥77bn¥60bn¥32bn¥45bn¥52bn¥207bn¥32bn¥49bn¥50bn¥64bn¥62bn¥84bn¥64bn¥69bn¥75bn¥85bn¥87bn¥142bn¥102bn¥119bn¥243bn¥173bn¥168bn
YoY % -11.6%-22.4%-45.8%+38.8%+15.8%+296.0%-84.3%+51.6%+3.0%+27.7%-3.3%+34.1%-23.5%+8.6%+8.4%+12.6%+2.3%+64.3%-28.5%+17.3%+103.6%-28.9%-2.9%
Key ratios Operating margin Net margin ROE Equity ratio

Profitability and balance-sheet strength (%). ROE uses year-end equity.

Ratios by fiscal year (%), with the year-on-year move in percentage points. Derived from the filed figures above.
Fiscal year Unit 2003 *1 FYE Mar 2004 *1 FYE Mar 2005 *1 FYE Mar 2006 *1 FYE Mar 2007 *1 FYE Mar 2008 *1 FYE Mar 2009 *1 FYE Mar 2010 *1 FYE Mar 2011 *1 FYE Mar 2012 *1 FYE Mar 2013 *1 FYE Mar 2014 *1 FYE Mar 2015 *1 FYE Mar 2016 *1 FYE Mar 2017 *1 FYE Mar 2018 *1 FYE Mar 2019 *1 FYE Mar 2020 *1 FYE Mar 2021 *1 FYE Mar 2022 *1 FYE Mar 2023 *1 FYE Mar 2024 *1 FYE Mar 2025 *1 FYE Mar 2026 *1 FYE Mar
Operating margin % 16.7%15.5%14.4%10.4%3.1%5.7%1.4%1.3%4.2%5.8%2.6%2.9%4.5%5.6%-5.4%0.2%9.2%4.3%5.5%3.4%2.5%
Change pp -1.2pp-1.1pp-4.0pp-7.3pp+2.6pp-4.3pp-0.1pp+2.9pp+1.6pp-3.2pp+0.3pp+1.6pp+1.1pp-11.0pp+5.6pp+9.0pp-4.9pp+1.2pp-2.1pp-0.9pp
Net margin % 0.7%4.3%5.7%10.5%9.2%7.4%5.0%1.6%1.8%-1.2%1.2%2.8%3.6%1.0%2.1%3.9%4.1%-5.3%-0.7%6.6%3.1%3.8%1.9%1.5%
Change pp +3.6pp+1.4pp+4.8pp-1.3pp-1.8pp-2.4pp-3.4pp+0.2pp-3.0pp+2.4pp+1.6pp+0.8pp-2.6pp+1.1pp+1.8pp+0.2pp-9.4pp+4.6pp+7.3pp-3.5pp+0.7pp-1.9pp-0.4pp
ROE % 2.7%14.3%16.5%24.9%19.9%17.5%14.5%3.2%4.1%-2.5%2.5%5.9%7.2%1.9%3.6%7.4%8.2%-12.8%-1.4%15.1%7.9%8.3%3.7%2.7%
Change pp +11.6pp+2.2pp+8.4pp-5.0pp-2.4pp-3.0pp-11.3pp+0.9pp-6.6pp+5.0pp+3.4pp+1.3pp-5.3pp+1.7pp+3.8pp+0.8pp-21.0pp+11.4pp+16.5pp-7.2pp+0.4pp-4.6pp-1.0pp
Equity ratio % 15.5%20.0%26.5%36.1%38.8%35.9%30.9%36.3%36.2%36.3%38.9%41.2%41.8%42.6%43.0%43.9%43.3%33.3%34.3%36.0%37.1%41.5%43.8%43.4%
Change pp +4.5pp+6.5pp+9.6pp+2.7pp-2.9pp-5.0pp+5.4pp-0.1pp+0.1pp+2.6pp+2.3pp+0.6pp+0.8pp+0.4pp+0.9pp-0.6pp-10.0pp+1.0pp+1.7pp+1.1pp+4.4pp+2.3pp-0.4pp
Reporting basis

Which accounting standard each fiscal year was filed under. Figures are not strictly comparable across a change of standard.

Accounting standard and reporting basis, by fiscal year.
Fiscal year Unit 2003 *1 FYE Mar 2004 *1 FYE Mar 2005 *1 FYE Mar 2006 *1 FYE Mar 2007 *1 FYE Mar 2008 *1 FYE Mar 2009 *1 FYE Mar 2010 *1 FYE Mar 2011 *1 FYE Mar 2012 *1 FYE Mar 2013 *1 FYE Mar 2014 *1 FYE Mar 2015 *1 FYE Mar 2016 *1 FYE Mar 2017 *1 FYE Mar 2018 *1 FYE Mar 2019 *1 FYE Mar 2020 *1 FYE Mar 2021 *1 FYE Mar 2022 *1 FYE Mar 2023 *1 FYE Mar 2024 *1 FYE Mar 2025 *1 FYE Mar 2026 *1 FYE Mar
Standard JGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRS
Basis ConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidated
Yen–dollar exchange rate ¥ per US$1

Annual average, yen per one US dollar. Every figure above is in yen as filed — convert one using the rate of its own year, never today's. A higher line is a weaker yen.

Annual average ¥/US$ rate, 1949–2026. YoY above zero means the yen weakened.
Fiscal year Unit 1949 *1 Cal. year 1950 *1 Cal. year 1951 *1 Cal. year 1952 *1 Cal. year 1953 *1 Cal. year 1954 *1 Cal. year 1955 *1 Cal. year 1956 *1 Cal. year 1957 *1 Cal. year 1958 *1 Cal. year 1959 *1 Cal. year 1960 *1 Cal. year 1961 *1 Cal. year 1962 *1 Cal. year 1963 *1 Cal. year 1964 *1 Cal. year 1965 *1 Cal. year 1966 *1 Cal. year 1967 *1 Cal. year 1968 *1 Cal. year 1969 *1 Cal. year 1970 *1 Cal. year 1971 *1 Cal. year 1972 *2 Cal. year 1973 *3 Cal. year 1974 *3 Cal. year 1975 *3 Cal. year 1976 *3 Cal. year 1977 *3 Cal. year 1978 *3 Cal. year 1979 *3 Cal. year 1980 *4 Cal. year 1981 *4 Cal. year 1982 *4 Cal. year 1983 *4 Cal. year 1984 *4 Cal. year 1985 *4 Cal. year 1986 *4 Cal. year 1987 *4 Cal. year 1988 *4 Cal. year 1989 *4 Cal. year 1990 *4 Cal. year 1991 *4 Cal. year 1992 *4 Cal. year 1993 *4 Cal. year 1994 *4 Cal. year 1995 *4 Cal. year 1996 *4 Cal. year 1997 *4 Cal. year 1998 *4 Cal. year 1999 *4 Cal. year 2000 *4 Cal. year 2001 *4 Cal. year 2002 *4 Cal. year 2003 *4 Cal. year 2004 *4 Cal. year 2005 *4 Cal. year 2006 *4 Cal. year 2007 *4 Cal. year 2008 *4 Cal. year 2009 *4 Cal. year 2010 *4 Cal. year 2011 *4 Cal. year 2012 *4 Cal. year 2013 *4 Cal. year 2014 *4 Cal. year 2015 *4 Cal. year 2016 *4 Cal. year 2017 *4 Cal. year 2018 *4 Cal. year 2019 *4 Cal. year 2020 *4 Cal. year 2021 *4 Cal. year 2022 *4 Cal. year 2023 *4 Cal. year 2024 *4 Cal. year 2025 *4 Cal. year 2026 *4,5 Cal. year
Rate ¥/US$ ¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥308.00¥274.00¥293.00¥299.00¥292.00¥257.00¥201.00¥230.00¥226.69¥220.55¥249.06¥237.48¥237.53¥238.53¥168.52¥144.60¥128.13¥137.98¥144.81¥134.51¥126.67¥111.18¥102.22¥94.05¥108.77¥121.02¥130.89¥113.84¥107.74¥121.52¥125.28¥115.92¥108.16¥110.15¥116.28¥117.77¥103.33¥93.53¥87.77¥79.78¥79.79¥97.60¥105.84¥121.02¥108.84¥112.16¥110.40¥109.01¥106.78¥109.78¥131.37¥140.51¥151.50¥149.65¥158.16
YoY % 0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%-14.4%-11.0%+6.9%+2.0%-2.3%-12.0%-21.8%+14.4%-1.4%-2.7%+12.9%-4.6%0.0%+0.4%-29.4%-14.2%-11.4%+7.7%+4.9%-7.1%-5.8%-12.2%-8.1%-8.0%+15.7%+11.3%+8.2%-13.0%-5.4%+12.8%+3.1%-7.5%-6.7%+1.8%+5.6%+1.3%-12.3%-9.5%-6.2%-9.1%0.0%+22.3%+8.4%+14.3%-10.1%+3.1%-1.6%-1.3%-2.0%+2.8%+19.7%+7.0%+7.8%-1.2%+5.7%

Exchange rates & sources — the full table →

Download the long-term series (CSV) → Compiled from securities reports and other public filings. We do not guarantee accuracy or currency, and do not track post-filing corrections. Check the primary sources before relying on these figures.

All figures are in Japanese yen as filed. Where a foreign-currency comparison is needed elsewhere on this site, yen amounts are converted at the average rate of each figure's own year — not today's rate. Exchange rates & sources →

Read the company history → 日本語版(詳細)— full financial data in Japanese →


Disclaimer


Data API

JFE Holdings’s history, financials, executives and shareholders are published as static JSON — no key, plain GET.

Method Endpoint Returns
GET /api/companies.json All companies
GET /api/5411/manifest.json Resource index
GET /api/5411/history.json History overview
GET /api/5411/timeline.json Chronology
GET /api/decisions.json All management decisions (index)
GET /api/5411/decisions.json Management decisions (index)
GET /api/5411/decisions/{slug}.json One decision (full dossier)
GET /api/5411/executives.json Executives
GET /api/5411/shareholders.json Major shareholders
GET /api/5411/financials.json Financial statements
GET /api/5411/financials-longterm.json Long-term results
GET /api/5411/segments.json Business segments
GET /api/5411/regions.json Sales by region
GET /api/5411/workforce.json Workforce