#NipponSteelCorporation

Nippon Steel Corporation announced on March 4, 2026 that it conducted a tender offer for 14,932,986 shares of Kurosaki Harima Corporation at 4,200 yen per share, resulting in a post-offer voting rights ownership ratio of 90.76%.

Nippon Steel Corporation will issue 300 billion yen each of Euro-Yen denominated convertible bonds with stock acquisition rights maturing in 2029 and 2031, with an expected potential stock dilution rate of 15.63%.

On March 11, 2026, Nippon Steel Corporation decided to dispose of 3,130,300 treasury shares at 673.9 yen per share, totaling 2,109,509,170 yen, transferring them to a trust for the performance-linked stock compensation plan.

For the third quarter of the fiscal year ending March 2026, revenue was ¥7,256.323 billion (up 10.7% YoY), operating income was ¥107.051 billion (down 81.1% YoY), and net income attributable to owners of the parent was a loss of ¥45.002 billion.

Candidates for directors and Audit and Supervisory Committee members to be submitted to the 102nd Annual General Meeting of Shareholders scheduled for late June 2026 have been decided. The Board of Directors will formally decide on the selection of executive directors and the division of duties after the meeting. The appointment and division of duties of executive officers were also...

For the third quarter of the fiscal year ending March 2026, revenue was 7,256.32 billion yen (up 10.7% YoY), operating income was 107.05 billion yen (down 81.1% YoY), and net income attributable to owners of the parent was a loss of 45.00 billion yen.

For the third quarter of fiscal 2025, consolidated revenue was 7,256.3 billion yen, operating income was 356.1 billion yen, and net income attributable to owners of parent was a loss of 45 billion yen. The full-year forecast for fiscal 2025 projects revenue of 10 trillion yen, operating income of 420 billion yen, and net loss of 70 billion yen.

Nippon Steel Corporation's subsidiary, Nittetsu Engineering Co., Ltd., and Kanadevia Co., Ltd. signed a basic memorandum for business integration on 2026-02-05 and have commenced discussions aiming for integration in April 2027.

Nippon Steel has formulated the "2030 Medium- to Long-Term Management Plan," promoting the strengthening of its domestic profit base and global growth strategy overseas, aiming for consolidated core profit exceeding 1 trillion yen.