April 26, 2018

Company Name:
Representative Name:
Stock listing:Code Number:ContactTelephone

Nippon Steel & Sumitomo Metal Corporation
Kosei Shindo
Representative Director and President
First Section of Tokyo Stock Exchange, andNagoya, Sapporo and Fukuoka Stock Exchanges
5401
Public Relations Center, General AdministrationDiv.
+81-3-6867-2135

Announcement Concerning Differences between Subsidiary’s Non-Consolidated Financial
Results for Fiscal 2017 and the Previous Results
Today, Nisshin Steel Co., Ltd., a subsidiary of Nippon Steel & Sumitomo Metal Corporation, announced thedifferences between its non-consolidated financial results for fiscal 2017 and the previous results, as per theattachment.

April 26, 2018
Attachment
Company Name:
Representative Name:

Contact:

Nisshin Steel Co., Ltd.
Kinya Yanagawa
Representative Director and President(Code Number: 5413, First Section of the TSE)
Hirokazu Kuwasako, Executive Officer,
General Manager, General Administration Dept.
(Telephone: +81-3-3216-5566)

Announcement Concerning Differences between Consolidated Financial Results for Fiscal
2017 and their Forecasts and Differences between Non-Consolidated Financial Results forFiscal 2017 and the Previous Results
Nisshin Steel Co., Ltd. (the “Company”) hereby reports the differences between the actual consolidated financial
results for fiscal 2017 ended March 31, 2018 and the previous forecasts which were released at the time of theearnings announcement for the first nine months of fiscal 2017 ended March 31, 2018 (on February 1, 2018).
The Company also reports the differences between the actual non-consolidated financial results for fiscal 2017
ended March 31, 2018 and the previous results for fiscal 2016 ended March 31, 2017.
1.

Differences between the actual consolidated financial results for fiscal 2017 (April 1, 2017 - March 31, 2018) andthe previous forecasts
OperatingOrdinary
Profit attributable
Net sales
Earnings perprofit
profitto owners of parent(Million yen)share (Yen)(Million yen)

(Million yen)

(Million yen)Previous forecasts (A)615,000

17,50018,00010,00091.23

Actual results (B)614,196

17,801

18,87313,014118.74

Increase/Decrease (B-A)

(803)

301

873

3,014

Change (%)(For reference)
Results for fiscal 2016 ended March31, 2017

(0.1)

1.7

4.9

30.1

525,563

7,834

5,998

1,6722.

15.26

Differences between the actual non-consolidated financial results for fiscal 2017 (April 1, 2017 - March 31, 2018)
and the previous results

Net sales(Million yen)

Results for fiscal 2016 ended March
31, 2017 (A)Results for fiscal 2017 ended March
31, 2018 (B)Increase/Decrease (B-A)
Change (%)

OperatingprofitOrdinary
profit(Million yen)

(Million yen)

Net profit(Million yen)

Earnings per
share (Yen)397,764

1,706

2,750

3,302

30.08

463,448

7,584

8,269

1,629

14.84

65,684

5,878

5,519

(1,673)

16.5

344.4

200.7(50.7)

3.

Reasons for the differences

With regard to the consolidated financial results for fiscal 2017 ended March 31, 2018, due to improvement in sales
prices, recording of deferred-tax assets and other factors, profit attributable to owners of parent increases by 3,014
million yen compared to the previous forecasts.
With regard to the non-consolidated financial results for fiscal 2017 ended March 31, 2018, due to changes in sales
prices associated with the increase in raw material prices and other factors, net sales increases by 65,684 million yen
compared to the previous results.