Nippon Steel Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Revises Consolidated Earnings Guidance for the Year Ending March 31, 2020; Provides Non-Consolidated Earnings Guidance for the Year Ending March 31, 2020
For the year ending March 31, 2020, on consolidated basis, the company now expects revenue of JPY 5,900,000 million compared to previous guidance of JPY 6,100,000 million, loss attributable to owners of the parent of JPY 440,000 million compared to previous guidance profit of JPY 40,000 million, Basic loss per share of JPY 478.00 compared to previous guidance profit of JPY 43.00.
For the year ending March 31, 2020, on non-consolidated basis, the company expects net sales of JPY 3,310,000 million, loss attributable to owners of the parent of JPY 410,000 million, Basic loss per share of JPY 445.00.