Nippon Steel Revises Financial Forecast Amidst Challenging Conditions
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NIPPON STEEL ( (JP:5401) ) has provided an update.
Nippon Steel Corporation has revised its financial forecasts for the fiscal year ending March 31, 2026, reflecting a challenging business environment despite increased revenue from a merger with U.S. Steel Corporation. The company anticipates a consolidated revenue of 10 trillion yen but expects a loss attributable to owners of 40 billion yen due to losses from the reorganization and transfer of equity interests in AM/NS Calvert LLC. Additionally, a stock split is planned to improve share liquidity.
The most recent analyst rating on (JP:5401) stock is a Buy with a Yen4000.00 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 industry, primarily engaged in the production and sale of steel products. The company operates globally with a focus on providing high-quality steel solutions to various sectors, including construction, automotive, and infrastructure.
Average Trading Volume: 6,204,588
Technical Sentiment Signal: Buy
Current Market Cap: Yen3051.4B
Learn more about 5401 stock on TipRanks’ Stock Analysis page.
