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Nippon Steel's Profit Plunges 95% in Fiscal Year 2025

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Nippon Steel's (TYO:5401) profit attributable to owners of the parent fell 95% to 17.16 billion yen for the fiscal year 2025 from 350.23 billion yen a year earlier.

The steel manufacturer's earnings per share declined to 3.28 yen from 67.03 yen a year ago, according to a Tokyo bourse filing on Wednesday.

Revenue jumped 16% to 10.063 trillion yen for the period ended March 31 from 8.696 trillion yen in the prior year.

Nippon Steel declared a final dividend of 12 yen per share, payable from June 24.

For the fiscal year 2026, the company expects attributable profit of 220 billion yen, basic EPS of 42 yen, and revenue of 11 trillion yen.

Nippon Steel plans to pay interim and year-end dividends of 12 yen per share, each, for the year.

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