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An announcement from NIPPON STEEL ( (JP:5401) ) is now available.
Nippon Steel Corporation has revised its financial forecasts for the fiscal year ending March 31, 2026, reflecting a decrease in expected business profit and profit attributable to owners. Despite improvements in profitability through cost reductions, the company faces challenges due to market uncertainties in the U.S. and anticipated losses from the reorganization involving Usinas Siderúrgicas de Minas Gerais S.A. The revised forecast indicates a consolidated loss attributable to owners of the parent amounting to 60 billion yen, highlighting the impact of external market conditions on the company’s financial outlook.
The most recent analyst rating on (JP:5401) stock is a Hold with a Yen655.00 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 player in the steel manufacturing industry, known for producing a wide range of steel products. The company focuses on delivering high-quality steel solutions to various sectors, including construction, automotive, and infrastructure, with a significant market presence in Japan and globally.
Average Trading Volume: 24,645,688
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen3400.4B
Learn more about 5401 stock on TipRanks’ Stock Analysis page.