Nisshin Steel Co., Ltd. announced consolidated earnings results for nine months ended December 31, 2017. For the nine months, the company reported net sales of JPY 460,070 million, operating profit of JPY 17,005 million, ordinary profit of JPY 17,582 million, profit attributable to owners of parent of JPY 10,591 million or JPY 96.63 income per share compared to net sales of JPY 381,708 million, operating profit of JPY 5,784 million, ordinary profit of JPY 2,398 million, profit attributable to owners of parent of JPY 231 million or JPY 2.11 income per share a year ago. Profit before income taxes was JPY 14,978 million compared to JPY 1,971 million a year ago.

For the year ending March 31, 2018, the company expects net sales of JPY 615,000 million, operating profit of JPY 17,500 million, ordinary profit of JPY 18,000 million, profit attributable to owners of parent of JPY 10,000 million or JPY 91.23 income per share.