Nippon Steel Corporation (TYO:5401)

Nippon Steel Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	8,951,438	8,695,526	8,868,097	7,975,586	6,808,890	4,829,272
Revenue Growth (YoY)	1.31%	-1.95%	11.19%	17.14%	40.99%	-18.45%
Cost of Revenue	7,612,072	7,323,874	7,481,331	6,682,028	5,587,331	4,263,940
Gross Profit	1,339,366	1,371,652	1,386,766	1,293,558	1,221,559	565,332
Selling, General & Admin	872,495	814,736	730,388	497,530	470,406	399,371
Research & Development	-	-	-	58,893	54,550	52,673
Other Operating Expenses	-233	-14,232	-4,799	-46,384	-26,851	4,773
Operating Expenses	872,262	800,504	725,589	533,027	517,874	473,906
Operating Income	467,104	571,148	661,177	760,531	703,685	91,426
Interest Expense	-57,460	-38,196	-30,501	-20,924	-21,773	-22,298
Interest & Investment Income	39,117	35,622	36,735	8,065	1,920	5,361
Earnings From Equity Investments	90,539	126,900	144,326	102,915	214,480	55,220
Currency Exchange Gain (Loss)	7,041	7,041	50,835	40,021	21,045	-3,040
Other Non Operating Income (Expenses)	-6,173	-6,174	-5,627	-3,940	-4,466	-3,100
EBT Excluding Unusual Items	540,168	696,341	856,945	886,668	914,891	123,569
Merger & Restructuring Charges	-374,543	-136,358	-90,995	-32,810	-97,229	-98,665
Gain (Loss) on Sale of Assets	-35,607	-35,607	-38,496	12,990	20,420	-33,560
Asset Writedown	-	-	-	-	-21,500	-
Other Unusual Items	-	-	36,518	-	-	-
Pretax Income	130,018	524,376	763,972	866,848	816,582	-8,656
Income Tax Expense	105,028	141,405	176,074	128,117	149,052	10,671
Earnings From Continuing Operations	24,990	382,971	587,898	738,731	667,530	-19,327
Minority Interest in Earnings	-31,490	-32,744	-38,526	-44,715	-30,209	-13,105
Net Income	-6,500	350,227	549,372	694,016	637,321	-32,432
Net Income to Common	-6,500	350,227	549,372	694,016	637,321	-32,432
Net Income Growth	-	-36.25%	-20.84%	8.90%	-	-
Shares Outstanding (Basic)	5,209	4,990	4,604	4,604	4,604	4,604
Shares Outstanding (Diluted)	5,209	5,225	5,203	5,165	4,847	4,604
Shares Change (YoY)	-0.15%	0.42%	0.74%	6.56%	5.28%	0.02%
EPS (Basic)	-1.25	70.18	119.32	150.73	138.43	-7.04
EPS (Diluted)	-1.25	67.03	105.59	134.38	131.50	-7.04
EPS Growth	-	-36.52%	-21.42%	2.19%	-	-
Free Cash Flow	-	380,655	543,814	191,256	148,733	-56,626
Free Cash Flow Per Share	-	72.86	104.52	37.03	30.69	-12.30
Dividend Per Share	28.000	32.000	32.000	36.000	32.000	2.000
Dividend Growth	-15.15%	-	-11.11%	12.50%	1500.00%	-
Gross Margin	14.96%	15.77%	15.64%	16.22%	17.94%	11.71%
Operating Margin	5.22%	6.57%	7.46%	9.54%	10.33%	1.89%
Profit Margin	-0.07%	4.03%	6.19%	8.70%	9.36%	-0.67%
Free Cash Flow Margin	-	4.38%	6.13%	2.40%	2.18%	-1.17%
EBITDA	802,771	898,743	972,628	1,100,702	1,034,296	382,289
EBITDA Margin	8.97%	10.34%	10.97%	13.80%	15.19%	7.92%
D&A For EBITDA	335,667	327,595	311,451	340,171	330,611	290,863
EBIT	467,104	571,148	661,177	760,531	703,685	91,426
EBIT Margin	5.22%	6.57%	7.46%	9.54%	10.33%	1.89%
Effective Tax Rate	80.78%	26.97%	23.05%	14.78%	18.25%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.