Nippon Steel Corporation (TYO: 5401)

Japan flag Japan · Delayed Price · Currency is JPY
3,067.00
-15.00 (-0.49%)
Sep 9, 2024, 3:15 PM JST
-14.97%
Market Cap 2.94T
Revenue (ttm) 8.86T
Net Income (ttm) 529.87B
Shares Out 958.70M
EPS (ttm) 508.51
PE Ratio 6.03
Forward PE 8.22
Dividend 160.00 (5.19%)
Ex-Dividend Date Sep 27, 2024
Volume 5,220,200
Open 3,003.00
Previous Close 3,082.00
Day's Range 3,002.00 - 3,081.00
52-Week Range 2,802.00 - 3,847.00
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Nov 1, 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 Tokyo Stock Exchange
Ticker Symbol 5401
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 Statements

News

Nippon Steel's US setback a wake-up for Japan Inc's foreign forays

Any U.S. move to block Japan's Nippon Steel would be "very unsettling", one of the front-runners to become the next Japanese premier told Reuters, and could dent trust between the allies

7 hours ago - Zawya

Biden decision to kill Nippon Steel deal could spark legal challenge

Nippon Steel and U.S. Steel are preparing for a legal fight if the White House blocks their deal over national security issues.

1 day ago - The Washington Post

Former Commerce Secretary Gutierrez on why Nippon-U.S. Steel deal needs to happen

Former Commerce Secretary Carlos Gutierrez and former Commerce Secretary Gary Locke join 'The Exchange' to discuss the steel wars and trade.

2 days ago - CNBC Television

Former Commerce Secretary Gutierrez on why Nippon-U.S. Steel deal needs to happen

Former Commerce Secretary Carlos Gutierrez and former Commerce Secretary Gary Locke join 'The Exchange' to discuss the steel wars and trade.

2 days ago - CNBC

Summers Says Nippon Should be Allowed to Buy US Steel

Lawrence H. Summers, former US Treasury Secretary and Wall Street Week contributor, says Nippon Steel should be allowed to buy United States Steel Corp. President Joe Biden plans to kill it as soon as...

2 days ago - Bloomberg Markets and Finance

Nippon Steel's US setback a wake-up for Japan Inc's foreign forays

Japanese firms are set to scrutinise overseas deals more intently after U.S. resistance to Nippon Steel's $15 billion U.S. Steel purchase, advisers said.

2 days ago - Reuters

Cleveland-Cliffs Chief Slams US Steel for 'Pathetic Blackmail Attempt' On US, Pennsylvania

Steelmaker and iron-ore miner Cleveland-Cliffs Inc. (NYSE: CLF) said late Thursday that it is ready to buy United States Steel Corp. (NYSE: X) assets if the Biden administration blocks a $14.9-billi...

3 days ago - Benzinga

Japan PM Candidate Warns Biden's Opposition To Nippon's US Steel Acquisition Could 'Undermine The Trust Of Its Allies'

The potential decision by the U.S. to prevent Nippon Steel (OTC: NPSCY) from taking over U.S. Steel (NYSE: X) has sparked apprehension in Japan. What Happened: The White House is said to be close to...

3 days ago - Benzinga

US Steel CEO David Burritt Blasted By United Steelworkers President After $15B Deal With Nippon Steel Comes Under Biden Administration Scrutiny: 'Get A Decent CEO'

As President Joe Biden prepares to block the deal between Nippon Steel Corp (OTC: NPSCY) and United States Steel (NYSE: X), the head of United Steelworkers says that the Japanese steelmaker needs to...

3 days ago - Benzinga

U.S. warns against Nippon merger with U.S. Steel, citing China steel glut

Nippon Steel's proposed takeover of U.S. Steel would create national security risks from hurting steel supply for critical projects, the U.S. said in a letter.

3 days ago - CNBC

Japan PM Contender Hayashi Holds Out Hope for Nippon Steel Deal

Japan’s top government spokesman still hopes that Nippon Steel’s $14.1 billion takeover bid for US Steel Corp will be resolved in a mutually beneficial way for both companies in comments following new...

3 days ago - BNN Bloomberg

Union Chief Assails US Steel CEO, Calls Deal for Company Flawed

The head of the United Steelworkers said Nippon Steel Corp. needs to rework its deal for United States Steel Corp. to win the union’s support and suggested the American company’s board consider replac...

3 days ago - BNN Bloomberg

Cleveland-Cliffs CEO says working with banks in preparation for US Steel bid

Financial writer reports Cleveland-Cliffs CEO Goncalves working with banks to bid for US Steel, if Nippon Steel deal falls through.

3 days ago - Seeking Alpha

Nippon Steel pushes back on national security concerns raised by Biden admin over US Steel purchase

Nippon Steel and U.S. Steel are pushing back on reports their merger would undermine U.S. national security amid reports the Biden-Harris administration is preparing to block the deal.

3 days ago - Fox Business

Biden's Expected Veto Of US Steel Deal Is Hunt For 'Labor Union Votes,' Says Top Japan Official

United States Steel Corporation (NYSE: X) are down over 16% since Wednesday morning after the Biden administration expressed intentions to block Nippon Steel Corporation 's $14.9-billion acquisition ...

3 days ago - Benzinga

US Steel Stock Price Volatile as Biden Reportedly Prepares To Block Takeover

U.S. Steel shares rebounded somewhat Thursday, a day after plummeting on a report President Joe Biden intends to block its proposed $14 billion acquisition by Japanese firm Nippon Steel.

3 days ago - Investopedia

Treasury Secretary Yellen: US labor market has become less tight. Still creating jobs.

Treasury Secretary Yellen is making some comments on the economy and says: US labor market has become a less tight, but continues to create jobs We have a good strong the job market. Growth continues ...

3 days ago - Forexlive

Biden preparing to block U.S. Steel sale to Japanese company

President Biden is preparing to announce that he will formally block Nippon Steel’s proposed $14.9 billion acquisition of U.S., sources tell NBC News.

3 days ago - NBC News

U.S.-Japan Steel Deal to Counter China Founders on Political Resistance

Nippon Steel repeatedly miscalculated the political implications of a foreign company taking over a major employer in the swing state of Pennsylvania.

3 days ago - The Wall Street Journal

Don't see how Nippon-U.S. Steel deal poses a national security risk: Dartmouth's Matthew Slaughter

Matthew Slaughter, Dartmouth's Tuck School of Business dean, joins 'Squawk Box' to discuss plans by the Biden administration to block Nippon Steel's acquisition of U.S. Steel, the government's involve...

4 days ago - CNBC Television

Don't see how Nippon-U.S. Steel deal poses a national security risk: Dartmouth's Matthew Slaughter

Matthew Slaughter, Dartmouths Tuck School of Business dean, joins 'Squawk Box' to discuss plans by the Biden administration to block Nippon Steel's acquisition of U.S. Steel, the government's involvem...

4 days ago - CNBC

Pethokoukis: It's important for Harris to say she's pro-business, but not the biggest businesses

James Pethokoukis of the AEI discusses how Vice President Harris is trying to clarify her policy positions, and what's behind the reported decision by the White House to block U.S. Steel's takeover by...

4 days ago - CNBC

US warns Nippon Steel deal for US Steel would pose national security risks - Reuters

CFIUS warns Nippon Steel acquisition of US Steel poses national security risk.

4 days ago - Seeking Alpha

US Steel Could Collapse

If the deal for Nippon Steel to acquire U.S. Steel falls through, the latter may have to shutter factories and lay off thousands of workers. The post US Steel Could Collapse appeared first on 24/7 Wal...

4 days ago - 24/7 Wall street