Nippon Steel stock falls 1.39 percent on October 8

Published on 10/08/2026 at 08:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nippon Steel stock posted JPY 2.8211 trillion in FY2026 Q1 revenue, up 40.4 percent year over year on August 4. Its next results are set for November 5, 2026.

Nippon Steel, JP3381000003, Illustration mit AI erstellt.

Nippon Steel stock (ISIN JP3381000003) fell 1.39 percent to JPY 632.30 in Tokyo trading on October 8, 2026, with the latest quote stamped at 3:24 p.m. JST. The move places the shares 11.99 percent below the 52-week high of JPY 718.50, while the company enters its next reporting milestone with stronger first-quarter revenue.

Revenue rose 40.4 percent

In fiscal 2026 first quarter, revenue reached JPY 2.8211 trillion, up 40.4 percent from the year-earlier period, according to Toshin Japan on September 23, 2026. Business profit increased to JPY 145.5 billion, a 58.1 percent year-over-year gain, while net profit attributable to the parent reached JPY 75.2 billion.

The profit comparison needs context: the prior-year quarter included restructuring-related losses, so the return to profit reflects both operating progress and a favorable comparison base. U.S. Steel contributed JPY 32.2 billion in first-quarter business profit, a figure that helped support Nippon Steel's revised full-year outlook.

Consensus remains above the quote

Investing.com lists a Buy consensus from 9 analysts, an average 12-month target of JPY 732.2, a high estimate of JPY 940 and a low estimate of JPY 470. The average target is JPY 99.90 above the October 8 quote, a 15.80 percent difference calculated against JPY 632.30.

The figures show why the stock is balancing two forces. The U.S. Steel contribution has lifted reported earnings, while the weaker domestic steel market remains a counterweight to the international growth story. Nippon Steel's business spans steelmaking, engineering, chemicals and materials, and system solutions, giving the first-quarter result a broader base than a single product line.

Next results arrive November 5

Nippon Steel's investor-relations calendar schedules the FY2026 second-quarter earnings announcement for November 5, 2026, at 3:30 p.m. JST, according to Nippon Steel. That date will put the U.S. Steel earnings contribution and the domestic recovery path back at the center of the operating assessment.

Stock remains below yearly high

Nippon Steel was last at JPY 632.30 on the Tokyo Stock Exchange on October 8, 2026, with a session range of JPY 627.60 to JPY 634.60 and volume of 21,761,900 shares. Market capitalization stood at JPY 3.3 trillion on the same date, leaving the next results report as the clearest scheduled checkpoint for the stock.