Nippon Steel raises FY2026 profit forecast on strong U.S. Steel earnings

By EC Assets · Published 4 August 2026

Nippon Steel has increased its profit outlook for fiscal year 2026. The revised forecast cites strong earnings from U.S. Steel. The Japanese steelmaker's updated guidance reflects contributions from its overseas operations. The company raised its FY2026 profit outlook to above ¥700 billion. This adjustment is primarily due to the performance of U.S. Steel. Growth in overseas markets also contributed to the increased profit expectation. This article is intended for informational purposes only. It does not constitute investment advice.