1. Japan Stocks

  2. •

    Basic Materials

  3. •

    Steel
Nippon Steel Corporation

Nippon Steel Corporation

5401.T
Nippon Steel CorporationJP flagTokyo Stock Exchange
552.90
JPY
-3.10
- -
2.89TMarket Cap
Nippon Steel Corporation
5401.T
(Tokyo Stock Exchange)

Recent

price

552.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
1,306.71
1,300.84
1,143.95
1,212.13
1,229.53
1,071.25
1,047.03
1,294.53
1,386.14
1,286.49
1,048.99
1,478.96
1,732.21
1,926.06
1,742.55
- -
962.68
Revenue per Share
29.63
18.59
-32.46
53.34
46.97
31.74
29.59
40.98
56.35
-93.75
-7.04
138.43
150.73
119.32
70.18
- -
53.83
Basic EPS, GAAP
17.06
-6.55
-9.51
56.11
84.8
57.69
36.7
16.68
3.05
7.34
-12.3
32.31
41.54
118.11
72.22
- -
67.06
Free Cash Flow per Basic Share
3.01
9.02
1.64
6.01
10.02
13.03
3.06
15.02
15.87
10.02
- -
16.02
36.04
33.04
32.48
- -
14.94
Dividend per Share
617.56
493.77
372.87
363.02
384.03
401.2
440.69
580.35
610.22
497.62
506.08
637.36
759.87
856.9
879.63
- -
933.76
Book Value per Share
737.11
724.14
740.68
690.85
755.73
637.71
723.14
767.14
773.72
620.15
649.3
804.72
960.82
1,109.37
1,115.91
- -
1,240.38
Tangible Book Value per Share
3,145
3,145
3,838
4,551
4,563
4,581
4,425
4,413
4,457
4,603
4,604
4,604
4,604
4,604
4,990
- -
4,628
Basic Weighted Avg Shares
4,109,774
4,090,936
4,389,922
5,516,180
5,610,030
4,907,429
4,632,890
5,712,965
6,177,947
5,921,525
4,829,272
6,808,890
7,975,586
8,868,097
8,695,526
10,063,216
4,455,675
Sales/Revenue/Turnover
4.03
1.94
0.46
5.41
6.23
3.42
2.47
3.9
4.06
-5.45
1.14
10.63
10.2
8.18
6.4
4.26
6.93
Operating Margin (%)
293,210
284,431
294,824
341,513
329,145
311,774
308,766
366,565
408,616
417,339
290,863
330,611
340,171
363,002
385,243
573,916
186,466
Depreciation Expense
93,199
58,471
-124,567
242,753
214,293
145,419
130,946
180,832
251,169
-431,513
-32,432
637,321
694,016
549,372
350,227
17,158
249,137
Net Income, GAAP
41.11
43.57
- -
35.22
38.8
34.33
19.65
21.91
- -
- -
- -
18.25
14.78
23.05
26.97
74.1
23.53
Effective Tax Rate (%)
2.27
1.43
-2.84
4.4
3.82
2.96
2.83
3.17
4.07
-7.29
-0.67
9.36
8.7
6.19
4.03
0.17
5.59
Profit Margin (%)
352,237
367,304
129,610
462,234
644,016
375,154
289,302
372,783
658,673
889,782
901,355
1,496,025
1,976,716
1,978,510
2,213,010
2,316,884
2,398,383
Working Capital
992,730
999,139
1,870,289
1,753,508
1,565,765
1,553,177
1,624,159
1,652,371
1,853,876
2,111,841
2,250,246
2,309,339
2,296,322
2,170,148
2,034,026
4,668,249
2,126,078
LT Debt
2,380,925
2,347,343
2,938,283
3,237,995
3,547,059
3,009,075
3,291,015
3,524,896
3,607,367
2,996,631
3,131,386
3,897,008
4,646,416
5,355,877
5,903,380
6,024,559
5,999,374
Total Equity
2.61
1.2
- -
3.49
3.85
2.08
1.75
3.12
- -
- -
- -
9.56
9.86
7.18
4.87
1.12
2.74
Return on Invested Capital (%)
2.34
1.64
- -
5.4
4.79
3.64
3.08
3.55
- -
- -
- -
11.15
10.57
7.75
4.78
0.18
3.26
Return on Capital (%)
4.9
3.35
-8.35
15.75
12.59
8.1
6.91
8.02
9.51
-17.23
-1.4
24.21
21.58
14.76
8.4
0.39
6.19
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
541,495
- -
669,707
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,605
- -
5,226
Market Capitalization
3,377,587
3,142,734
2,960,326

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
4,560,384
- -
4,873,317
Cash, Cash Equivalents & STI
482,819
- -
667,790
Accounts Receivable, Net
1,587,979
- -
1,640,264
Inventories
2,276,665
- -
2,335,679
Total Current Liabilities
2,581,874
- -
2,474,934
Payables & Accruals
- -
- -
- -
ST Debt
541,495
- -
669,707
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.76%
14.24%
2.05%
Free Cash Flow
-62.52%
-66.28%
-147.92%
Net Income, GAAP
-250.56%
-441.68%
-95.1%
Sales/Revenue/Turnover
8.63%
16.62%
15.73%
Total Cash Common Dividend
- -
34.71%
-9.63%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,199,786
2,212,635
2,229,394
2,226,281
8,868,097
2025
- -
- -
- -
- -
8,695,526
2026
- -
- -
- -
- -
10,063,216

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
38.46
26.75
30.56
- -
119.32
2025
- -
- -
- -
- -
70.18
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18.02
- -
15.02
- -
33.04
2025
- -
- -
- -
- -
32.48
2026
- -
- -
- -
- -
- -
Similar Companies
GDH Guangnan (Holdings) Limited (1203.HK)
Electrosteel Castings Limited (ELECTCAST.NS)
Rathi Bars Limited (RATHIBAR.BO)
Zanaga Iron Ore Company Limited (ZNGGF)
MGX Resources Limited (MTGRY)
POSCO Holdings Inc. (PKX)
Business
Nippon Steel Corporation (5401.T) manufactures and sells a broad range of steel products, including flat and long steel products such as hot-rolled coils, cold-rolled coils, galvanized steel sheets, electrical steel sheets, heavy plates, wire rods, bars, shapes, and steel pipes and tubes; it also provides steel processing services, engineering services, and chemical products. The company operates through segments that encompass steelmaking, engineering, chemicals, new materials, and system solutions, serving industries including automotive, construction, energy, appliances, and shipbuilding. Founded in 1970 through the merger of Yawata Iron & Steel and Fuji Iron & Steel, Nippon Steel is headquartered in Tokyo, Japan, with global operations spanning Asia, North America, Europe, and other regions via subsidiaries and joint ventures. In recent years, Nippon Steel has pursued major strategic expansions, notably its agreement in December 2023 to acquire U.S. Steel Corporation for approximately $14.9 billion, aimed at bolstering its presence in the North American market amid global decarbonization efforts; however, as of late 2025, the deal faces ongoing regulatory scrutiny from U.S. authorities over national security concerns. The company launched new high-tensile strength steels and advanced high-strength steels for automotive applications, alongside initiatives in green steel production using hydrogen reduction technologies. Additionally, Nippon Steel formed partnerships for carbon capture and storage projects and expanded its engineering unit with contracts for large-scale infrastructure in Southeast Asia.