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Nippon Steel reports net loss in H1 FY 2025-26-Metal Exhibition-Steel Exhibition-2026 China (Guangzhou) Internation al Metal & Metallurgy Industry Exhibition 11/6/2025 金屬展-冶金展-鋼鐵展-steel expo-metal & metallurgy expo |
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Japan-based Nippon Steel Corporation has announced its consolidated financial and operational results for thefirst half ended September 30 of the financial year 2025-26.In the given period, the company recorded a net loss of JPY 98.91 bilion ($643.73 milion), compared to a netprofit of jPY 259.07 bilion in the same period of the previous year, while its net sales amounted to JPY 4.64trilion ($30.20 bilion), rising by 5.8 percent from net sales of JPY 4.38 trilion in the first quarter of the previousfinancial year. In addition, Nippon Steel reported an operating loss of JPY 2.84 bilion ($18.49 milion) for thefirst half, compared to an operating profit of JPY 375.75 bilion recorded in the first half of the financial year2024-25.
Meanwhile, in the first six months of the given financial year, the company produced 22.93 milion mt of crudesteel, up by 15.1 percent, while its steel product shipments amounted to 15.47 milion mt, decreasing by 2.8percent, both on year-on-year basis.
The company expects its crude steel production to be approximately 20.23 milion mt, in the third quarter of thecurrent financial year.
Nippon Steel forecasts that its sales revenues will amount to JPY 10 trillion in the full financial year.
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