Nippon Steel Corporation

TSE:5401 Stock Report

Market Cap: JP¥2.9t

Nippon Steel Future Growth

Future criteria checks 3/6

Nippon Steel is forecast to grow earnings and revenue by 24.3% and 2.6% per annum respectively. EPS is expected to grow by 23.8% per annum. Return on equity is forecast to be 5.9% in 3 years.

Key information

24.3%

Earnings growth rate

23.75%

EPS growth rate

Metals and Mining earnings growth9.5%
Revenue growth rate2.6%
Future return on equity5.93%
Analyst coverage

Good

Last updated29 May 2026

Recent future growth updates

Recent updates

Analysis Article • May 20

Some May Be Optimistic About Nippon Steel's (TSE:5401) Earnings

The market for Nippon Steel Corporation's ( TSE:5401 ) shares didn't move much after it posted weak earnings recently...
Analysis Article • Feb 11

Nippon Steel (TSE:5401) Is Paying Out Less In Dividends Than Last Year

Nippon Steel Corporation ( TSE:5401 ) has announced that on 25th of June, it will be paying a dividend of¥12.00, which...
Analysis Article • Jan 24

Nippon Steel (TSE:5401) Is Paying Out Less In Dividends Than Last Year

Nippon Steel Corporation's ( TSE:5401 ) dividend is being reduced from last year's payment covering the same period to...
Analysis Article • Jan 10

Nippon Steel (TSE:5401) Is Reducing Its Dividend To ¥12.00

Nippon Steel Corporation's ( TSE:5401 ) dividend is being reduced from last year's payment covering the same period to...
Analysis Article • Dec 19

Nippon Steel (TSE:5401) Has Announced That Its Dividend Will Be Reduced To ¥12.00

Nippon Steel Corporation ( TSE:5401 ) is reducing its dividend from last year's comparable payment to ¥12.00 on the...
Analysis Article • Dec 05

Nippon Steel (TSE:5401) Will Pay A Smaller Dividend Than Last Year

Nippon Steel Corporation ( TSE:5401 ) is reducing its dividend from last year's comparable payment to ¥12.00 on the...
Analysis Article • Sep 26

Nippon Steel (TSE:5401) Has Announced That Its Dividend Will Be Reduced To ¥60.00

Nippon Steel Corporation ( TSE:5401 ) is reducing its dividend from last year's comparable payment to ¥60.00 on the 8th...
Analysis Article • Sep 12

Nippon Steel (TSE:5401) Will Pay A Smaller Dividend Than Last Year

Nippon Steel Corporation's ( TSE:5401 ) dividend is being reduced from last year's payment covering the same period to...
Analysis Article • Aug 25

These 4 Measures Indicate That Nippon Steel (TSE:5401) Is Using Debt Extensively

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article • Aug 07

Nippon Steel (TSE:5401) Will Pay A Smaller Dividend Than Last Year

Nippon Steel Corporation ( TSE:5401 ) has announced that on 8th of December, it will be paying a dividend of¥60.00...
Analysis Article • Jul 24

Nippon Steel (TSE:5401) Is Paying Out Less In Dividends Than Last Year

Nippon Steel Corporation ( TSE:5401 ) has announced that on 8th of December, it will be paying a dividend of¥60.00...
Analysis Article • Jul 09

Nippon Steel (TSE:5401) Has Announced That Its Dividend Will Be Reduced To ¥60.00

Nippon Steel Corporation's ( TSE:5401 ) dividend is being reduced from last year's payment covering the same period to...

Earnings and Revenue Growth Forecasts

TSE:5401 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202911,037,367358,567-266,367985,9673
3/31/202811,654,350386,901-194,275845,9679
3/31/202710,767,178338,294-1,169,400798,2009
3/31/202610,063,21617,158-172,716716,939N/A
12/31/20259,399,351-56,852N/AN/AN/A
9/30/20258,951,438-6,500257,828971,443N/A
6/30/20258,512,766-3,165N/AN/AN/A
3/31/20258,695,526350,227380,655978,593N/A
12/31/20248,778,779470,535N/AN/AN/A
9/30/20248,835,411492,484250,233760,863N/A
6/30/20248,859,820529,867N/AN/AN/A
3/31/20248,868,097549,372543,8141,010,159N/A
12/31/20238,655,720617,786375,158859,824N/A
9/30/20238,513,601621,879487,775951,875N/A
6/30/20238,256,191640,108320,161793,486N/A
3/31/20237,975,586694,016191,256661,274N/A
12/31/20227,828,091646,571154,331630,638N/A
9/30/20227,519,353710,96684,775556,385N/A
6/30/20227,224,920706,164127,885589,443N/A
3/31/20226,808,890637,321148,733615,635N/A
12/31/20216,321,936599,262204,344654,631N/A
9/30/20215,751,223457,459156,428614,231N/A
6/30/20215,200,819171,76832,113495,341N/A
3/31/20214,829,272-32,432-56,626403,185N/A
12/31/20204,895,328-197,934-87,904366,584N/A
9/30/20205,116,334-661,427-146,365320,738N/A
6/30/20205,530,650-506,909-46,621417,351N/A
3/31/20205,921,525-431,51333,775494,330N/A
12/31/20196,134,858-337,849N/AN/AN/A
9/30/20196,321,662148,637N/AN/AN/A
6/30/20196,259,543188,140N/AN/AN/A
3/31/20196,177,947251,169N/A452,341N/A
12/31/20186,023,210270,644N/AN/AN/A
9/30/20185,827,035237,190N/AN/AN/A
6/30/20185,754,080220,063N/AN/AN/A
3/31/20185,712,965180,832N/A485,539N/A
12/31/20175,465,442227,594N/AN/AN/A
9/30/20175,217,193219,090N/A461,081N/A
6/30/20174,937,215216,936N/AN/AN/A
3/31/20174,696,828137,246N/A506,935N/A
12/31/20164,523,50651,796N/AN/AN/A
9/30/20164,560,66036,311N/A534,291N/A
6/30/20164,693,63758,048N/AN/AN/A
3/31/20164,907,429145,419N/A562,956N/A
12/31/20155,144,202213,737N/AN/AN/A
9/30/20155,339,118222,163N/A599,388N/A
6/30/20155,513,562238,686N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5401's forecast earnings growth (24.3% per year) is above the savings rate (0.8%).

Earnings vs Market: 5401's earnings (24.3% per year) are forecast to grow faster than the JP market (9.2% per year).

High Growth Earnings: 5401's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 5401's revenue (2.6% per year) is forecast to grow slower than the JP market (6% per year).

High Growth Revenue: 5401's revenue (2.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 5401's Return on Equity is forecast to be low in 3 years time (5.9%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/05 00:21
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nippon Steel Corporation is covered by 23 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takashi EnomotoBofA Global Research
Minami MunakataCitigroup Inc
Yifan ZhangCLSA