Nippon Steel Posts Nine-Month Loss on Asset Exits, Keeps FY2025 Profit Target Despite Restructuring Costs

NIPPON STEEL ( (JP:5401) ) just unveiled an update.

Nippon Steel reported consolidated revenue of ¥7,256.3 billion and business profit of ¥356.1 billion for the nine months to 31 December 2025, but booked a net loss of ¥45.0 billion attributable to owners of the parent, largely due to ¥249.0 billion in losses on business withdrawal, including the sale of equity interests in AM/NS Calvert LLC and Usiminas. Underlying business profit declined year-on-year on weaker spreads, lower overseas steel and raw materials contributions, and negative inventory valuation effects, though cost reductions partially offset these pressures, and non-steel segments made a modest positive contribution. By segment, steelmaking and steel fabrication remained the core earnings driver despite lower profit, while engineering and construction, chemicals and materials, and system solutions showed comparatively resilient or improving performance. For the fiscal year ending 31 March 2026, the company forecasts revenue of ¥10,000.0 billion, business profit of ¥420.0 billion and a full-year net loss of ¥70.0 billion, reflecting continued restructuring charges and a cautious outlook on steel margins, even as it targets higher second-half revenue and maintains significant crude steel production and shipment volumes, signaling an ongoing focus on operational efficiency and portfolio reshaping.

The most recent analyst rating on (JP:5401) stock is a Hold with a Yen714.00 price target. To see the full list of analyst forecasts on NIPPON STEEL stock, see the JP:5401 Stock Forecast page.

More about NIPPON STEEL

Nippon Steel Corporation is a leading Japanese steelmaker engaged in steelmaking and steel fabrication, with additional operations in engineering and construction, chemicals and materials, and system solutions. The company serves domestic and global steel demand across manufacturing and construction, and also operates overseas steel businesses and related raw material operations.

Average Trading Volume: 22,730,990

Technical Sentiment Signal: Buy

Current Market Cap: Yen3617.9B

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