An update from NIPPON STEEL ( (JP:5401) ) is now available.
Osaka Steel Co., Ltd., a subsidiary of Nippon Steel Corporation, reported differences in its non-consolidated financial results for the fiscal year ended March 31, 2025, compared to the previous year. Despite a slight increase in net sales, operating and ordinary income decreased due to reduced shipment volumes caused by rising material prices and labor shortages in the construction industry. However, net income improved due to the absence of significant extraordinary losses recorded in the previous fiscal year.
More about NIPPON STEEL
Nippon Steel Corporation operates in the steel industry, focusing on the production and distribution of steel products. Its subsidiary, Osaka Steel Co., Ltd., primarily serves the construction industry, which has been affected by rising material costs and labor shortages.
YTD Price Performance: 7.32%
Average Trading Volume: 1,210
Technical Sentiment Signal: Strong Sell
Current Market Cap: $21.73B
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