Nippon Steel Corporation
Supplementary Information for the Third Quarter Financial Results for the Fiscal Year Ending March 2026
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.
Key Figures
- Fiscal 2025 Third Quarter Consolidated Revenue: 7,256.3 billion yen (Year-over-Year +703.9 billion yen)
- Fiscal 2025 Third Quarter Operating Income: 356.1 billion yen (Year-over-Year -210 billion yen)
- Fiscal 2025 Full-Year Dividend Forecast: 24 yen per share (post-stock split)
AI要約
Overview of Performance
For the cumulative 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. Compared to the same period last year, revenue increased while operating income and net income decreased. A business restructuring loss of 249 billion yen was recorded, considerably impacting profit decline. By segment, the steelmaking business remains the core, including Engineering, Chemicals & Materials, and System Solutions. Crude steel production and steel shipments show a declining trend compared to the same period last year.
Full-Year Forecast for Fiscal 2025 and Dividend
For fiscal 2025, consolidated revenue is expected to be 10 trillion yen, operating income 420 billion yen, and net loss attributable to owners of parent 70 billion yen. Core operating income is forecasted at 620 billion yen, revised downward from the previous announcement. One-time costs and losses related to the U.S. Steel merger are pressuring profits; excluding these, operating income is projected at 445 billion yen and net income at 190 billion yen. The dividend is planned at 24 yen per share annually (including a year-end dividend of 12 yen), considering the stock split effective October 1, 2025.
Current Business Environment and Future Initiatives
Fiscal 2025 continues to face a challenging environment with global steel demand weakness, slowdown in the Chinese economy, and soaring raw material prices. Although there are temporary impacts such as blast furnace troubles at the North Japan Steelworks, structural reforms and profit improvement measures have maintained high profitability. The medium-to-long-term management plan from fiscal 2026 through 2030 focuses on strengthening revenue bases domestically and internationally and promoting global growth strategies, aiming to achieve core consolidated profit exceeding 1 trillion yen. Efforts will also focus on major capital investments, introduction of environmentally-friendly technologies, expansion of overseas operations, reinforcement of the non-ferrous business, human resource development, and maintaining a solid financial foundation.
