Nippon Steel Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2017 - 2021
Period Ending	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2017 - 2021
Revenue	8,512,766	8,695,526	8,868,097	7,975,586	6,808,890	4,829,272	Upgrade
Revenue Growth (YoY)	-3.92%	-1.95%	11.19%	17.14%	40.99%	-18.45%	Upgrade
Cost of Revenue	7,202,405	7,323,874	7,481,331	6,682,028	5,587,331	4,263,940	Upgrade
Gross Profit	1,310,361	1,371,652	1,386,766	1,293,558	1,221,559	565,332	Upgrade
Selling, General & Admin	826,625	714,420	638,855	497,530	470,406	399,371	Upgrade
Research & Development	-	65,156	60,672	58,893	54,550	52,673	Upgrade
Other Operating Expenses	47,666	-29,068	-20,097	-46,384	-26,851	4,773	Upgrade
Operating Expenses	874,291	786,749	710,291	533,027	517,874	473,906	Upgrade
Operating Income	436,070	584,903	676,475	760,531	703,685	91,426	Upgrade
Interest Expense	-47,092	-38,196	-30,501	-20,924	-21,773	-22,298	Upgrade
Interest & Investment Income	23,305	20,840	21,539	8,065	1,920	5,361	Upgrade
Earnings From Equity Investments	102,215	126,900	144,326	102,915	214,480	55,220	Upgrade
Currency Exchange Gain (Loss)	-	7,041	50,835	40,021	21,045	-3,040	Upgrade
Other Non Operating Income (Expenses)	-5	-6,228	-5,729	-3,940	-4,466	-3,100	Upgrade
EBT Excluding Unusual Items	514,493	695,260	856,945	886,668	914,891	123,569	Upgrade
Merger & Restructuring Charges	-366,860	-135,277	-90,995	-32,810	-97,229	-98,665	Upgrade
Gain (Loss) on Sale of Investments	-	-	36,518	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	-	-35,607	-38,496	12,990	20,420	-33,560	Upgrade
Asset Writedown	-	-	-	-	-21,500	-	Upgrade
Pretax Income	147,633	524,376	763,972	866,848	816,582	-8,656	Upgrade
Income Tax Expense	122,404	141,405	176,074	128,117	149,052	10,671	Upgrade
Earnings From Continuing Operations	25,229	382,971	587,898	738,731	667,530	-19,327	Upgrade
Minority Interest in Earnings	-28,394	-32,744	-38,526	-44,715	-30,209	-13,105	Upgrade
Net Income	-3,165	350,227	549,372	694,016	637,321	-32,432	Upgrade
Net Income to Common	-3,165	350,227	549,372	694,016	637,321	-32,432	Upgrade
Net Income Growth	-	-36.25%	-20.84%	8.90%	-	-	Upgrade
Shares Outstanding (Basic)	1,027	998	921	921	921	921	Upgrade
Shares Outstanding (Diluted)	1,027	1,045	1,041	1,033	969	921	Upgrade
Shares Change (YoY)	-1.47%	0.42%	0.74%	6.56%	5.28%	0.02%	Upgrade
EPS (Basic)	-3.08	350.92	596.60	753.66	692.16	-35.22	Upgrade
EPS (Diluted)	-3.09	335.15	527.96	671.89	657.48	-35.22	Upgrade
EPS Growth	-	-36.52%	-21.42%	2.19%	-	-	Upgrade
Free Cash Flow	-	380,655	543,814	191,256	148,733	-56,626	Upgrade
Free Cash Flow Per Share	-	364.28	522.62	185.16	153.44	-61.50	Upgrade
Dividend Per Share	160.000	160.000	160.000	180.000	160.000	10.000	Upgrade
Dividend Growth	-	-	-11.11%	12.50%	1500.00%	-	Upgrade
Gross Margin	15.39%	15.77%	15.64%	16.22%	17.94%	11.71%	Upgrade
Operating Margin	5.12%	6.73%	7.63%	9.54%	10.33%	1.89%	Upgrade
Profit Margin	-0.04%	4.03%	6.19%	8.70%	9.36%	-0.67%	Upgrade
Free Cash Flow Margin	-	4.38%	6.13%	2.40%	2.18%	-1.17%	Upgrade
EBITDA	826,873	970,146	1,039,477	1,100,702	1,034,296	382,289	Upgrade
EBITDA Margin	9.71%	11.16%	11.72%	13.80%	15.19%	7.92%	Upgrade
D&A For EBITDA	390,803	385,243	363,002	340,171	330,611	290,863	Upgrade
EBIT	436,070	584,903	676,475	760,531	703,685	91,426	Upgrade
EBIT Margin	5.12%	6.73%	7.63%	9.54%	10.33%	1.89%	Upgrade
Effective Tax Rate	82.91%	26.97%	23.05%	14.78%	18.25%	-	Upgrade

Updated Feb 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.