Nippon Steel Corporation Revises Earnings Forecast Upward by 31.8%
Nippon Steel Corporation (TSE:5401) raised its full-year earnings guidance for the fiscal year ending March 2027, citing stronger U.S. steel market conditions and improved operational performance at its American subsidiary.
| Item | Before | After | Change | Change % |
|---|---|---|---|---|
| FY2027 H1 (Cumulative) | ||||
| Revenue | JPY 5,400.0bn | JPY 5,600.0bn | JPY 200.0bn | 3.7% |
| Operating Profit | JPY 220.0bn | JPY 260.0bn | JPY 40.0bn | 18.2% |
| Net Profit | JPY 90.0bn | JPY 120.0bn | JPY 30.0bn | 33.3% |
| EPS | JPY 17.00/share | JPY 23.00/share | JPY 6.00/share | 35.3% |
| FY2027 Full Year | ||||
| Revenue | JPY 11,000.0bn | JPY 11,200.0bn | JPY 200.0bn | 1.8% |
| Operating Profit | JPY 530.0bn | JPY 630.0bn | JPY 100.0bn | 18.9% |
| Net Profit | JPY 220.0bn | JPY 290.0bn | JPY 70.0bn | 31.8% |
| EPS | JPY 42.00/share | JPY 55.00/share | JPY 13.00/share | 31.0% |
The steelmaker attributed the upward revision to rising U.S. steel prices and improved cost management at United States Steel Corporation, its American subsidiary. These gains offset headwinds from elevated raw material costs, reduced Middle East exports, and domestic market softness. Inventory valuation gains also contributed to the profit uplift.
The substantial profit revision—31.8% for full-year net income—significantly outpaces the modest 1.8% revenue increase, underscoring operational leverage from U.S. market strength and cost initiatives. However, the muted top-line growth reflects persistent regional demand challenges that management is offsetting through margin expansion and portfolio optimization.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.