Nippon Steel Corporation logo

Nippon Steel Corporation

5401.T

JPXBasic MaterialsSteel

Latest quote

¥664.8

+¥5.40 · +0.82%

Aug 24, 11:30 AM JST

5401.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Nippon Steel Corporation, a Tokyo-headquartered enterprise founded in 1950, conducts diverse industrial operations across Japan and globally. The company, which rebranded from Nippon Steel & Sumitomo Metal Corporation in April 2019, focuses its business through four primary segments: steel manufacturing, engineering and construction, chemicals and advanced materials, and information technology solutions. Its core steelmaking and fabrication division supplies a broad spectrum of products, including various steel plates, sheets, bars, rods, structural steel, pipes, tubes, and specialized titanium and stainless items, which are crucial for industries like automotive, energy, infrastructure, and consumer electronics. The engineering and construction arm is responsible for producing and distributing industrial machinery, equipment, and steel structures, while also managing construction projects, waste treatment, recycling, and providing utilities such as electricity, gas, and heat. In its chemicals and materials sector, Nippon Steel creates a range of products from coal-derived chemicals and petrochemicals to sophisticated electronic materials, semiconductor components, carbon fiber composites, and items developed using its advanced metal processing technologies. Finally, the system solutions group offers specialized computer systems engineering and consulting, coupled with IT outsourcing and other related services.

Industry
Steel
Sector
Basic Materials
Headquarters
JP
CEO
Eiji Hashimoto
Listed since
Oct 1, 1950
Employees
138,453

Market position

Day range

Current ¥664.8

52-week range

Current ¥664.8

Open
¥675.9
Previous close
¥659.4
Volume
37.62M
1.09× average
Average volume
34.63M
Average daily volume
Market cap
3.47T JPY
Beta
0.65
Market reference 1
50-day average
¥603.05
+10.24% above average
200-day average
¥608.33
+9.28% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
7.72T JPY
P/E (TTM)
12.05×
P/B (TTM)
0.62×
P/S (TTM)
0.32×
EV / EBITDA
9.11×
Earnings yield
0.57%
Free cash flow yield
-5.74%
Dividend yield
10.83%

Profitability & efficiency

Gross margin
14.11%
Operating margin
4.26%
Net margin
2.65%
Return on equity
0.31%
Return on assets
0.12%
Return on invested capital
0.96%

Financial health

Debt / equity
0.98×
Current ratio
1.78×
Altman Z-score
1.58
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends20%13%6%-2%Gross margin, FY2022: 17.94%Gross margin, FY2023: 16.22%Gross margin, FY2024: 15.64%Gross margin, FY2025: 15.77%Gross margin, FY2026: 14.36%Operating margin, FY2022: 9.94%Operating margin, FY2023: 8.95%Operating margin, FY2024: 7.40%Operating margin, FY2025: 6.39%Operating margin, FY2026: 4.48%Net margin, FY2022: 9.36%Net margin, FY2023: 8.70%Net margin, FY2024: 6.19%Net margin, FY2025: 4.03%Net margin, FY2026: 0.17%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 17.94%. Gross margin FY2023 16.22%. Gross margin FY2024 15.64%. Gross margin FY2025 15.77%. Gross margin FY2026 14.36%. Operating margin FY2022 9.94%. Operating margin FY2023 8.95%. Operating margin FY2024 7.40%. Operating margin FY2025 6.39%. Operating margin FY2026 4.48%. Net margin FY2022 9.36%. Net margin FY2023 8.70%. Net margin FY2024 6.19%. Net margin FY2025 4.03%. Net margin FY2026 0.17%.

Income trends

Revenue

10.06T JPY+15.73%

Operating income

450.84B JPY-18.89%

Net income

17.16B JPY-95.10%
Income trends across reported periods11.07T JPY7.05T JPY3.03T JPY−987.45B JPYRevenue, FY2022: 6.81T JPYRevenue, FY2023: 7.98T JPYRevenue, FY2024: 8.87T JPYRevenue, FY2025: 8.7T JPYRevenue, FY2026: 10.06T JPYOperating income, FY2022: 676.83B JPYOperating income, FY2023: 714.15B JPYOperating income, FY2024: 656.38B JPYOperating income, FY2025: 555.83B JPYOperating income, FY2026: 450.84B JPYNet income, FY2022: 637.32B JPYNet income, FY2023: 694.02B JPYNet income, FY2024: 549.37B JPYNet income, FY2025: 350.23B JPYNet income, FY2026: 17.16B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 6.81T JPY. Revenue FY2023 7.98T JPY. Revenue FY2024 8.87T JPY. Revenue FY2025 8.7T JPY. Revenue FY2026 10.06T JPY. Operating income FY2022 676.83B JPY. Operating income FY2023 714.15B JPY. Operating income FY2024 656.38B JPY. Operating income FY2025 555.83B JPY. Operating income FY2026 450.84B JPY. Net income FY2022 637.32B JPY. Net income FY2023 694.02B JPY. Net income FY2024 549.37B JPY. Net income FY2025 350.23B JPY. Net income FY2026 17.16B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue10.06T JPY8.7T JPY8.87T JPY7.98T JPY6.81T JPY
Cost of goods sold8.62T JPY7.32T JPY7.48T JPY6.68T JPY5.59T JPY
Gross profit1.44T JPY1.37T JPY1.39T JPY1.29T JPY1.22T JPY
Research and development80.7B JPY72.7B JPY70.5B JPY66.4B JPY
Selling, general, and administrative993.97B JPY714.42B JPY638.86B JPY497.53B JPY470.41B JPY
Operating expenses993.97B JPY815.82B JPY730.39B JPY579.41B JPY544.73B JPY
Interest income31.13B JPY20.84B JPY21.54B JPY8.09B JPY1.93B JPY
Interest expense101.22B JPY44.42B JPY36.23B JPY24.89B JPY26.25B JPY
Depreciation and amortization573.92B JPY385.24B JPY363B JPY340.17B JPY330.61B JPY
Operating income450.84B JPY555.83B JPY656.38B JPY714.15B JPY676.83B JPY
Net income17.16B JPY350.23B JPY549.37B JPY694.02B JPY637.32B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
-252.39%
11 comparable reports
Latest EPS result
14.4
Estimate 15.08 · Miss by 4.51%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates143.7869.4-4.99-79.37Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 22.78, estimate 128.39, surprise -82.26%, Miss. Q2 2025, reported May 9, 2025: actual -16.61, estimate 0.262, surprise -6446.65%, Miss. Q3 2025, reported Aug 1, 2025: actual -37.47, estimate 20.29, surprise -284.68%, Miss. Q4 2025, reported Nov 5, 2025: actual 15.78, estimate -63.98, surprise +124.66%, Beat. Q1 2026, reported Feb 5, 2026: actual 13.08, estimate 14.11, surprise -7.30%, Miss. Q2 2026, reported May 13, 2026: actual 11.9, estimate -0.344, surprise +3560.01%, Beat. Q3 2026, reported Aug 4, 2026: actual 14.4, estimate 15.08, surprise -4.51%, Miss. Q4 2026, reported Nov 3, 2026: actual —, estimate 12.06, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.98T2.61T2.24T1.87TQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 2.17T JPY, estimate 2.12T JPY, surprise +2.71%, Beat. Q2 2025, reported May 9, 2025: actual 2.08T JPY, estimate 2.11T JPY, surprise -1.46%, Miss. Q3 2025, reported Aug 1, 2025: actual 2.01T JPY, estimate 1.99T JPY, surprise +1.10%, Beat. Q4 2025, reported Nov 5, 2025: actual 2.63T JPY, estimate 2.56T JPY, surprise +2.79%, Beat. Q1 2026, reported Feb 5, 2026: actual 2.62T JPY, estimate 2.66T JPY, surprise -1.54%, Miss. Q2 2026, reported May 13, 2026: actual 2.81T JPY, estimate 2.87T JPY, surprise -1.94%, Miss. Q3 2026, reported Aug 4, 2026: actual 2.82T JPY, estimate 2.72T JPY, surprise +3.88%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate 2.79T JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥76.00

2025 complete year+375.0% since 2021

2026 partial: ¥12.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥12.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥12.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥12.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 24, 2026

Dividend

Ex-dividend Sep 29, 2025

¥60.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 4, 2025

Dividend

Ex-dividend Mar 28, 2025

¥80.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 25, 2025

Dividend

Ex-dividend Sep 27, 2024

¥80.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 6, 2024

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