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Nippon Steel (5401) investor relations material
Nippon Steel Investor Day 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Investor Day 2025 summary12 Dec, 2025
Strategic Vision and Financial Targets
Aims to restore position as the world's best steelmaker by 2030, targeting at least ¥1 trillion annual profit and global crude steel production capacity of 100 million tons or more by FY2031.
Plans to achieve at least ¥500 billion in profit each from domestic and overseas operations by FY2030, with a consolidated annual payout ratio of approximately 30% and a minimum annual dividend of ¥24 per share after a 5-for-1 stock split.
Capital and business investments of approximately ¥7.5 trillion are planned for FY2021–2025, and ¥6 trillion over five years, focusing on both domestic and overseas growth, including $11 billion for U.S. Steel.
ROE target is over 10% after FY2031, with a debt/equity ratio of approximately 0.7 and a debt/EBITDA ratio of 3.5x or less.
Has established a profit structure to generate at least ¥600 billion in underlying business profits regardless of market environment.
Domestic Business Strategies
Enhances profitability by optimizing production systems, reducing fixed costs, investing in new facilities, and suspending a continuous annealing unit at Kashima by end of FY2027.
Focuses on product sophistication, cost competitiveness, and maximizing group synergies, especially in automotive, infrastructure, and energy sectors.
Streamlines stainless steel operations and integrates group companies to improve efficiency and customer responsiveness.
Strengthens the supply chain and expands comprehensive solutions for customers.
Pursues optimal production systems and centralized manufacturing to enhance operational efficiency.
Overseas Business Strategies
Executes large-scale investments in the U.S., India, and Thailand, including $11 billion in U.S. capital investments by 2028, expansion at Hazira Works, and a new integrated steel works in Andhra Pradesh.
Targets 100 million tons of global crude steel production capacity by expanding integrated steel mills and acquiring brownfield sites.
Transfers advanced technologies and human resources to overseas bases, with over 400 employees dispatched globally.
Strengthens market position in Thailand and Europe, leveraging acquisitions and local partnerships.
Secures high-grade raw materials through increased self-sufficiency and strategic joint ventures.
U.S. Steel investment's primary goal?
How will domestic cost competitiveness be achieved?
What is the rationale for the minimum dividend?
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Next Nippon Steel earnings date
Q3 20265 Feb, 2026
Next Nippon Steel earnings date
Q3 20265 Feb, 2026
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Frequently asked questions
Nippon Steel Corporation is Japan's largest steelmaker, operating globally with manufacturing bases in Japan and over 15 countries. The company's operations span four main segments: Steelmaking and Steel Fabrication, which is its core business area; Engineering and Construction; Chemicals and Materials; and System Solutions. Nippon Steel is committed to advancing in four strategic areas as part of its Medium- to Long-term Management Plan: rebuilding and strengthening its domestic steel business, promoting a global strategy for overseas expansion, pursuing carbon neutrality, and embracing digital transformation. The company is headquartered in Tokyo, Japan, and its shares are listed on the Tokyo Stock Exchange.
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