In fiscal 2024, ended Mar. 31, 2025, Nippon Steel’s revenue fell to ¥8,695.5 billion (fiscal 2023: ¥ 8,868-billion), underlying business profit to ¥793.7-billion (¥935-billion), business profit to ¥683.2-billion (¥869.6-billion), and profit attributable to owners to ¥350.2-billion (¥549.3-billion). “Excess production and increased exports from China, driven by a widening supply-demand gap amid the economic slowdown, show…
