Nippon Steel Corporation (TYO: 5401)

Japan flag Japan · Delayed Price · Currency is JPY
3,118.00
+58.00 (1.90%)
Jan 20, 2025, 3:30 PM JST
-9.47%
Market Cap 3.26T
Revenue (ttm) 8.84T
Net Income (ttm) 492.48B
Shares Out 1.05B
EPS (ttm) 472.00
PE Ratio 6.61
Forward PE 9.98
Dividend 160.00 (5.23%)
Ex-Dividend Date Mar 28, 2025
Volume 2,972,100
Average Volume 4,605,115
Open 3,098.00
Previous Close 3,060.00
Day's Range 3,087.00 - 3,120.00
52-Week Range 2,802.00 - 3,847.00
Beta 1.22
RSI 56.06
Earnings Date Feb 6, 2025

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

Biden Suffocated US Steel’s (X) Best Option And Left Them Out To Dry

24/7 Wall St. : The U.S. government turned down Nippon Steel’s plan to buy U.S. Steel Corp. (NYSE: X), which let down workers and investors standing to gain from the $55 per share proposal. Lacking co...

4 days ago - 24/7 Wall street

Trump Faces Bond Market Pressure As Yields Near 5%, Challenging Economic Goals; Meta Plans 5% Staff Cuts In 2025 With Backfills; Nippon Steel Pushes To Revive $15B U.S. Deal Blocked Under Biden – Top Headlines While The US Slept

US Markets­­­­­­­­ US Stocks To Open Higher Ahead Of December Inflation Data: All Eyes On Banking Stocks As JPMorgan, Goldman, Citi, Wells Fargo Report Quarterly Earnings Dow Rises Over 200 Points Ahe...

5 days ago - Benzinga

Nippon Steel Eyes Trump Administration To Revive $15B US Steel Deal Blocked By Biden: 'We'll Do Whatever It Takes'

According to Reuters, Nippon Steel (OTC: NPSCY) is eager to engage with Donald Trump ‘s incoming administration to finalize a takeover of U.S. Steel (NYSE: X). This comes after President Joe Biden b...

5 days ago - Benzinga

Nippon Steel: Why We're Suing Biden

We believe he blocked our deal over electoral politics, not security.

6 days ago - The Wall Street Journal

Biden administration extends deadline on Nippon Steel's bid for U.S. Steel

The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden Administration extended a deadline for the Japanese steelmaker to abandon plans to acquire the storied Pi...

6 days ago - Fast Company

Esmark, Inc. and Esmark Steel Group Reaffirms Support for U.S. Steel Merger by Nippon Steel

Bouchard: “This merger is a game-changer for the steel industry” SEWICKLEY, Pa. & CHICAGO HEIGHTS, Ill. & INDIAN ROCKS BEACH, Fla. — Esmark, Inc. and Esmark Steel Group today reaffirmed their support ...

6 days ago - Financial Post

Cleveland-Cliffs CEO blasts ‘evil’ Japan, home of rival Nippon Steel: ‘You did not learn anything since 1945’

There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, worth over $14 billion, citing national security.

6 days ago - Fortune

Cleveland-Cliffs CEO reiterates he wants to buy US Steel - reports

Cleveland-Cliffs CEO reiterates interest in buying US Steel after Biden delays Nippon Steel sale.

7 days ago - Seeking Alpha

US Steel Stock Jumps as Cleveland-Cliffs and Nucor Reportedly Mull Joint Bid

U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the company, whose $14.1 billion buyout by Nippon Steel was recently blocked by...

7 days ago - Investopedia

Cleveland-Cliffs and Nucor plan joint bid for US Steel

Potential approach comes weeks after Joe Biden blocked Nippon Steel’s proposed $15bn takeover

7 days ago - Financial Times

Cleveland-Cliffs partnering with Nucor on potential bid for U.S. Steel, sources say

Cleveland Cliffs is partnering with rival Nucor in a potential bid for U.S. Steel, whose takeover by Japan's Nippon Steel was just blocked by the White House earlier this month, sources tell CNBC's Da...

7 days ago - CNBC

U.S. Steel Stock Jumps as US Extends Deadline for Nippon Steel to Axe Takeover

U.S. Steel shares are jumping in premarket trading Monday after the U.S. government extended until June from next month a deadline for Nippon Steel to abandon its planned $14.1 billion acquisition of ...

7 days ago - Investopedia

Biden administration delays enforcement of order blocking Nippon-U.S. Steel deal until June

CNBC's Becky Quick reports on the latest news.

7 days ago - CNBC Television

Biden administration delays enforcement of order blocking Nippon-U.S. Steel deal until June

CNBC's Becky Quick reports on the latest news.

7 days ago - CNBC

Japan PM asks Biden to allay concerns over Nippon Steel-US Steel deal

Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel's planned acquisition of U.S. Steel.

8 days ago - Reuters

Biden admin delays enforcement of order blocking Nippon Steel, U.S. Steel deal, companies say

The Biden administration delayed until June an order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel, the companies said on Saturday.

8 days ago - CNBC

Joe Biden delays order to end Nippon Steel bid for US Steel

Suspension of executive order until 18 June gives courts time to review steelmakers’ legal challenge The Biden administration has delayed until June an order for Nippon Steel to abandon its $14.9bn bi...

8 days ago - The Guardian

Biden admin delays order blocking Nippon Steel, US Steel deal

The delay could potentially give the two companies time to argue their case in court and salvage the deal.

8 days ago - South China Morning Post

Biden administration delays enforcement of order blocking Nippon Steel and U.S. Steel deal

The Biden administration will hold off enforcing a requirement laid out in an executive order this month that Nippon Steel abandon its $14.9 billion bid for U.S.

9 days ago - NBC News

U.S. Steel Extends Acquisition Timeline with Nippon Steel

U.S. Steel Extends Acquisition Timeline with Nippon Steel

9 days ago - GuruFocus

President Carter 'would not have intervened' in the US-Nippon Steel deal, says Alan Wolff

Alan Wolff, Peterson Institute for International Economics distinguished visiting fellow, joins 'Squawk Box' to discuss Carter's presidency and where the U.S. is now relative to before his time in off...

11 days ago - CNBC Television

Mitch McConnell: Nippon Steel Isn't the Enemy

By blocking the merger with U.S. Steel, Biden sells out American industry, workers and national security to Big Labor.

12 days ago - The Wall Street Journal

FirstFT: Nippon Steel’s bet on Trump

Also in today’s newsletter, Indonesia maintains iPhone 16 ban, and China’s currency hits 16-month low

12 days ago - Financial Times

Yellen on U.S. Steel-Nippon deal as chair of CFIUS

Here's what Treasury Secretary Yellen said to CNBC's Sara Eisen about the U.S. Steel-Nippon deal.

12 days ago - CNBC Television