Nippon Steel Corporation of Japan has announced consolidated financial and operating results for the first half of the year ended September 30, 2025-26 fiscal year.
For the period, the company recorded a net loss of 98.91 billion yen (643.73 million US dollars) compared to a net profit of 259.07 billion yen for the same period of the previous year, while its net profit was 259.07 billion yen for the same period of the previous year. Sales totaled 4.64 trillion yen (US$30.20 billion), an increase of 5.8 percent from net sales of 4.38 trillion yen in the first quarter of the previous fiscal year. In addition, Nippon Steel reported an operating loss of 2.84 billion yen (US$18.49 million) for the first half of the year, compared with an operating profit of 375.75 billion yen recorded in the first half of fiscal year 2024-25.
Meanwhile, in the first six months of this fiscal year, the company produced 22.93 million tons of crude steel, which is
The company expects its steel production to be approximately 20.23 million tons in the third quarter of the current fiscal year.
Nippon Steel forecasts that its sales revenue will reach 10 trillion yen in the full fiscal year.
