kabutan

NIPPON STEEL ranks 4th in rising buy predictions among individual investors on Minkabu

Mon May 18, 2026 1:07 pm JST Catalyst

NIPPON STEEL CORPORATION <5401> ranked fourth in "rising buy predictions" as of noon on May 18, according to the "Retail Investor Predictions (Latest 48 Hours)" compiled by Minkabu.

Nippon Steel shares fell back on the Tokyo Stock Exchange Prime Market on May 18, despite the company reporting a return to profitability for the fiscal year ended March 2026 following the market close on May 13. Consolidated net income fell 95.1% year-on-year to 17.16 billion yen, reversing its previous forecast of a 70 billion yen loss. For the fiscal year ending March 2027, net income is projected to reach 220 billion yen. The market welcomed the outlook that the earnings contribution from U.S. Steel, a major U.S. steelmaker, is expected to exceed 100 billion yen in real-terms operating profit. While the stock has moved sluggishly on concerns over rising crude oil costs, expectations for a rebound are emerging as the dividend yield stands at around 4.3%.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

Related Articles