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An update from NIPPON STEEL ( (JP:5401) ) is now available.
Nippon Steel Corporation reported consolidated revenue of ¥8,695.5 billion and a business profit of ¥683.2 billion for fiscal 2024. Despite challenges such as a sluggish Chinese economy and falling prices of products and raw materials, the company aims to secure underlying business profit exceeding ¥700.0 billion by leveraging structural measures and completed capital investments. The company plans to maintain its dividend forecast for fiscal 2025, despite potential losses from a transaction with U.S. Steel, and anticipates business profit and profit attributable to owners of the parent to be at least ¥400.0 billion and ¥200.0 billion, respectively.
More about NIPPON STEEL
Nippon Steel Corporation is a leading player in the steel industry, primarily engaged in the production and fabrication of steel. The company serves a diverse range of customers both domestically in Japan and internationally, with a focus on providing high-quality steel products and services.
Average Trading Volume: 4,219,070
Technical Sentiment Signal: Hold
Current Market Cap: Yen3140.7B
Learn more about 5401 stock on TipRanks’ Stock Analysis page.