Nippon Steel Corporation (NPSCY)

OTCMKTS · Delayed Price · Currency is USD
7.44
-0.03 (-0.40%)
Oct 1, 2024, 2:57 PM EDT
-3.88%
Market Cap 21.59B
Revenue (ttm) 55.08B
Net Income (ttm) 3.29B
Shares Out n/a
EPS (ttm) 3.16
PE Ratio n/a
Forward PE n/a
Dividend 0.25 (3.24%)
Ex-Dividend Date Mar 28, 2024
Volume 647
Open 7.47
Previous Close 7.47
Day's Range 7.42 - 7.47
52-Week Range 6.78 - 8.67
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Nov 7, 2024

About Nippon Steel

Nippon Steel Corporation engages in steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions businesses in Japan and internationally. The company offers steel plates, sheets, and slags; bar and rod materials; structural steel; pipes and tubes; titanium and stainless products; and railway, automotive, and machinery parts for applications in automotive, energy, infrastructure, and consumer electronics markets. It is also involved in construction; waste processing and recycling; supplying elect... [Read more]

Industry Steel
Sector Materials
Founded 1950
Employees 113,639
Stock Exchange OTCMKTS
Ticker Symbol NPSCY
Full Company Profile

Financial Performance

In 2023, Nippon Steel's revenue was 8.87 trillion, an increase of 11.19% compared to the previous year's 7.98 trillion. Earnings were 549.37 billion, a decrease of -20.84%.

Financial numbers in JPY Financial Statements

News

Pennsylvania steel workers, wooed by Harris and Trump, remain skeptical: ‘I don’t trust either one of them’

The vice-president and ex-president both have vowed to block US Steel from merging with Japan’s Nippon The Monongahela River winds through the tight Mon Valley south of Pittsburgh, Pennsylvania , crea...

4 days ago - The Guardian

Biden says he hasn't changed his mind on Nippon Steel deal

U.S. President Joe Biden on Friday said he had not changed his mind about Nippon Steel's $14.9 billion bid for U.S. Steel despite the extension of a national security review of the proposed tie-up.

5 days ago - Reuters

Amid Nippon-US Steel Debacle, Kamala Harris Stresses Importance Of US Steel Production, Even If It Means Job Losses: 'Critically Important, Not Only In Terms Of Our Economy, But Also In The Context Of National Security'

Democratic presidential candidate Kamala Harris emphasized the importance of maintaining domestic control over steel production, even if it results in job losses. What Happened : Harris stated during ...

6 days ago - Benzinga

U.S. Steel says arbitration board rules in favor of Nippon Steel's $14.9bln buyout

The board, jointly selected by the company and the union to settle disputes, ruled that U.S. Steel had satisfied each of the conditions of the successorship clause in its basic labour agreement with t...

6 days ago - Zawya

Amid Resistance From Harris And Trump, Nippon Steel Scores Favorable Arbitration Ruling In $14.9B US Steel Acquisition Deal

An arbitration board has ruled in favor of Nippon Steel Corp (OTC: NPSCY) in its $14.9 billion acquisition of United States Steel Corporation (NYSE: X). The decision was announced on Wednesday. What...

6 days ago - Benzinga

Harris Says Keeping US Steel Domestic Worth Threatened Job Loss

Democratic presidential candidate Kamala Harris said keeping domestic control of steel production was more important than possible job losses if a proposed deal for Nippon Steel Corp., a Japanese comp...

6 days ago - BNN Bloomberg

Arbitration board gives green light to US Steel-Nippon Steel merger over union's objections

Nippon Steel's bid to buy U.S. Steel was given the green light by an arbitration board tasked with reviewing the United Steelworkers union's complaints with the transaction.

7 days ago - Fox Business

US Steel says arbitration board rules in favor of Nippon Steel's $14.9 bln buyout deal

U.S. Steel said on Wednesday the board of arbitration, jointly selected by the steelmaker and the United Steelworkers union, has ruled in favor of Nippon Steel's $14.9 billion buyout deal.

7 days ago - Reuters

United States Steel: Revenue Headwinds, Political Risk Make Shares Overvalued

Political risks and bipartisan opposition are complicating U.S. Steel's merger with Nippon Steel. See why I rate X stock as a hold.

7 days ago - Seeking Alpha

U.S. Steel CEO on Nippon takeover: 'It's about resource allocation'

U.S. Steel CEO David Burritt defends sale to Nippon.

8 days ago - CNBC Television

U.S. Steel CEO defends planned sale to Japan's Nippon, believes deal will ‘close on its merits'

U.S. Steel CEO David Burritt said the company "won't be able to succeed without Nippon." President Joe Biden has vowed that U.S. Steel will remain American-owned.

8 days ago - CNBC

U.S. Steel CEO defends sale to Nippon, says deal will 'win on its merits'

U.S. Steel CEO David Burritt joins 'Money Movers' to discuss the company's growth strategy, a possible merger with Nippon, and more.

8 days ago - CNBC Television

Nippon Steel plans to sell holdings in Korean steelmaker Posco

Nippon Steel plans to sell entire stake in Posco Holdings to improve capital efficiency, totaling nearly 2.9 million shares.

8 days ago - Seeking Alpha

Nippon Steel's Mori asks USW leadership to 'come to the table'

Nippon Steel Vice Chairman Takahiro Mori said on Tuesday the Japanese company remains committed to talks with the United Steelworkers (USW) over its bid to acquire U.S. Steel.

8 days ago - Reuters

Biden aide downplays CFIUS extension of US Steel/Nippon Steel deal - report

White House National Security Adviser Jake Sullivan downplays U.S.

10 days ago - Seeking Alpha

Biden Aide Downplays Nippon Steel Extension in Security Review

White House National Security Adviser Jake Sullivan downplayed any suggestion that the US granting Nippon Steel Corp. an extension in a security review of its $14.1 billion deal for United States Stee...

11 days ago - BNN Bloomberg

Union opposition to U.S. Steel sale reflects years of bad relations

The acquisition of U.S. Steel by Nippon Steel faces significant union opposition based on years of mistrust.

11 days ago - The Washington Post

Nippon Steel to sell $211mln in assets to manage debt amid U.S. Steel deal

The Japanese company's debt-to-equity ratio is expected to increase to 0.9 from 0.5 as a result of the U.S. Steel deal which both companies target to close by the end of December, pending approvals

12 days ago - Zawya

U.S. Steel's stock up 2% after offering strong guidance and confidence Nippon deal can close by year-end

United States Steel Corp.'s stock rose 2.2% early Thursday after the company updated third-quarter guidance and said it's still confident it can win the necessary approvals for its planned takeover by...

13 days ago - Market Watch

Decision On U.S. Steel Acquisition Delayed By 90 Days

Shares of United States Steel (NYSE:X) gapped higher on Wednesday morning after the Biden administration pushed its decision on Japan-based Nippon Steel’s (OTCMKTS:NPSCY) takeover bid for U.S. Steel o...

13 days ago - ValueWalk

US Steel Merger Faces Post-Election Decision As National Security Fears Stall Nippon Deal

The U.S. national security panel, tasked with reviewing Nippon Steel ‘s (OTCPK: NISTF) $14.9 billion bid for U.S. Steel (NYSE: X), is delaying its decision until after the Nov. 5 presidential electio...

14 days ago - Benzinga

Nippon Steel Reportedly Gets Extension To Provide Plans for US Steel Takeover

Nippon Steel reportedly has been given permission by U.S. security officials to refile its plans to purchase U.S. Steel, pushing the review period for the $14.9 billion deal past the November election...

14 days ago - Investopedia