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54012027 Q1PrimeIFRS

NIPPON STEEL (5401) FY2027 Q1 Earnings Report

For FY2027 Q1, revenue came to ¥2.82T (+40.4% year on year) and operating income ¥145.5B. The segment drivers and cash flow follow.

Steel & Nonferrous Metals/Iron & Steel


Financial Highlights

  • Net Sales: ¥2.82T
  • Operating Income: ¥145.51B
  • Net Income: ¥84.29B
  • EPS: ¥14.40

Income Statement

ItemCurrentPriorYoY %
Net Sales¥2.82T¥2.01T+40.4%
Cost of Sales¥2.43T¥1.71T+42.2%
Gross Profit¥388.90B¥298.72B+30.2%
SG&A Expenses¥284.49B¥206.90B+37.5%
Operating Income¥145.51B−¥139.56B+204.3%
Equity Method Investment Income¥19.12B¥27.42B−30.3%
Profit Before Tax¥113.90B−¥145.19B+178.4%
Income Tax Expense¥29.61B¥45.52B−35.0%
Net Income¥84.29B−¥190.72B+144.2%
Net Income Attributable to Owners¥75.30B−¥195.83B+138.5%
Total Comprehensive Income¥179.88B−¥281.04B+164.0%
Basic EPS¥14.40−¥37.47+138.4%
Diluted EPS¥12.73−¥37.47+134.0%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥5.53T¥5.29T+¥241.91B
Accounts Receivable¥1.83T¥1.77T+¥62.69B
Inventories¥2.92T¥2.78T+¥139.38B
Non-current Assets¥9.64T¥9.37T+¥273.59B
Property, Plant & Equipment¥6.07T¥5.90T+¥171.17B
Intangible Assets¥842.43B¥832.80B+¥9.63B
Goodwill¥262.98B¥259.75B+¥3.23B
Total Assets¥15.18T¥14.66T+¥515.50B
Accounts Payable¥2.35T¥2.34T+¥9.36B
Non-current Liabilities¥5.82T¥5.66T+¥158.53B
Total Liabilities¥9.05T¥8.64T+¥418.74B
Total Equity¥6.12T¥6.02T+¥96.77B
Capital Stock¥569.52B¥569.52B¥0
Capital Surplus¥585.61B¥588.01B−¥2.41B
Retained Earnings¥3.79T¥3.75T+¥35.35B
Treasury Stock−¥59.03B−¥59.02B−¥4M
Shareholders' Equity¥5.64T¥5.53T+¥105.69B
Equity Ratio37.1%37.7%−0.6%

Cash Flow Statement

ItemCurrentPriorChange
Cash and Cash Equivalents¥489.73B¥461.26B+¥28.46B

Profitability Ratios

ItemValue
Net Profit Margin2.7%
Gross Profit Margin13.8%
Debt-to-Equity Ratio1.48x
Effective Tax Rate26.0%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+40.4%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)5.37B shares
Treasury Stock147.35M shares
Average Shares Outstanding5.23B shares
Book Value Per Share¥1,171.26

Segment Information

SegmentRevenueOperating Income
ChemicalsAndMaterials¥69.50B¥9.22B
Engineering¥78.44B¥4.20B
SteelManufacturing¥2.60T¥144.27B
SystemSolution¥72.18B¥9.59B

※ セグメント利益の測定基礎: business

Full Year Forecast

ItemForecast
Net Sales Forecast¥11.20T
Net Income Attributable to Owners Forecast¥290.00B
Basic EPS Forecast¥55.00
Dividend Per Share Forecast¥24.00