Nippon Steel Corporation (TYO:5401)

Nippon Steel Cash Flow Statement

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

Operating Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	172,814	524,377	763,972	866,849	816,583
Depreciation & Amortization	573,916	385,243	363,002	340,171	330,611
Loss (Gain) From Sale of Assets	-	-	-	-	21,500
Loss (Gain) on Equity Investments	-85,412	-126,900	-144,326	-102,915	-214,480
Other Operating Activities	-151,755	-121,321	-54,802	-140,713	-36,795
Change in Accounts Receivable	9,096	204,644	50,126	-81,796	-116,242
Change in Inventory	77,671	95,656	68,618	-309,525	-383,438
Change in Accounts Payable	-109,301	-104,577	-53,628	58,431	211,354
Change in Other Net Operating Assets	229,910	121,471	17,197	30,772	-13,458
Operating Cash Flow	716,939	978,593	1,010,159	661,274	615,635
Operating Cash Flow Growth	-26.74%	-3.13%	52.76%	7.41%	52.69%

Investing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-863,176	-597,938	-466,345	-470,018	-466,902
Sale of Property, Plant & Equipment	12,652	-6,640	12,384	15,483	70,251
Cash Acquisitions	-2,015,572	-35	-292,400	-735	-53,014
Divestitures	7,981	39,241	19,670	5,231	-2,272
Investment in Securities	30,848	224,992	13,508	81,717	72,450
Other Investing Activities	-8,920	-118,773	5,095	3,989	2,709
Investing Cash Flow	-2,837,181	-462,428	-710,654	-366,580	-378,866

Financing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Issued	-	44,108	-	27,240	11,112
Long-Term Debt Issued	2,664,020	326,787	85,218	200,273	320,322
Total Debt Issued	2,664,020	370,895	85,218	227,513	331,434
Short-Term Debt Repaid	-32,721	-	-325,935	-	-
Long-Term Debt Repaid	-626,070	-299,100	-271,736	-227,909	-267,478
Total Debt Repaid	-658,791	-299,100	-597,671	-227,909	-267,478
Net Debt Issued (Repaid)	2,005,229	71,795	-512,453	-396	63,956
Repurchase of Common Stock	-29	-58	-73	-58	-59
Common Dividends Paid	-146,480	-162,085	-152,117	-165,950	-73,757
Other Financing Activities	27,581	-222,986	120,698	-31,251	-51,444
Financing Cash Flow	1,886,301	-313,334	-543,945	-197,655	-61,304

Net Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	22,676	20,803	22,922	22,322	16,119
Miscellaneous Cash Flow Adjustments	1	-	-	-	-1
Net Cash Flow	-211,264	223,634	-221,518	119,361	191,583

Free Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	-146,237	380,655	543,814	191,256	148,733
Free Cash Flow Growth	-	-30.00%	184.34%	28.59%	-
Free Cash Flow Margin	-1.45%	4.38%	6.13%	2.40%	2.18%
Free Cash Flow Per Share	-27.98	72.86	104.52	37.03	30.69
Levered Free Cash Flow	-432,638	186,161	-61,388	-87,895	-148,254
Unlevered Free Cash Flow	-376,636	210,033	-42,325	-74,817	-134,646

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	89,955	36,354	30,565	21,575	21,899
Cash Income Tax Paid	223,322	180,895	126,526	214,433	86,008
Change in Working Capital	207,376	317,194	82,313	-302,118	-301,784

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 15, 2026

Data Sources Report a data error