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NIPPON STEEL ( (JP:5401) ) has shared an announcement.
NS Solutions Corporation, an IT subsidiary of Nippon Steel, reported non-consolidated full-year results for the year ended March 31, 2026, showing higher net sales and ordinary profit but a sharp decline in profit. Net sales rose 5.3% year on year to ¥301.3 billion, while ordinary profit increased 3.6% to ¥33.1 billion, indicating underlying operational resilience.
Full-year profit, however, fell 66.5% to ¥24.8 billion, largely due to the absence of the extraordinary income booked in the previous fiscal year from selling all shares of Recruit Holdings. Nippon Steel stated that the impact of these revised subsidiary figures on its own consolidated results is immaterial, suggesting limited implications for group-level earnings and overall financial stability.
The most recent analyst rating on (JP:5401) stock is a Sell with a Yen470.00 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 with diversified operations that include engineering, chemicals, and information systems. Through its subsidiary NS Solutions Corporation, the group also provides IT services and solutions, leveraging technology to support industrial and corporate clients across multiple markets.
YTD Price Performance: -8.87%
Average Trading Volume: 31,102,150
Technical Sentiment Signal: Hold
Current Market Cap: Yen3062.7B
Find detailed analytics on 5401 stock on TipRanks’ Stock Analysis page.