For Immediate Release For Immediate Release

July 29, 2015

Company name:

Nippon Steel & Sumitomo Metal Corporation

Representative:

Kosei Shindo, Representative Director and President

Code number:

5401

Contact:

Nozomu Takahashi, General Manager, Public Relations Center

Telephone:

+81-3-6867-2130

Announcement of Revision in Forecasts for Performance

In view of recent trends in performance, the Company today announced its forecasts for the fiscal year ending March 31, 2016, which had been undetermined at the time of the announcement of results for the fiscal year ended March 31, 2015 (on April 28, 2015).

Consolidated operating results for the first half of fiscal 2015 (April 1, 2015September 30, 2015)

(Millions of yen, except per share figures)

Net sales

Ordinary profit

Profit attributable

to owners of parent

Earnings per

share (¥)

Previous forecasts (A)

Revised forecasts (B)

2,500,000

150,000

115,000

12.56

Change (B-A)

% change

(For reference)

Actual for the first half of the previous

fiscal year ended March 31, 2015

2,778,474

176,321

112,247

12.30

Consolidated operating results for fiscal 2015 (April 1, 2015March 31, 2016)

(Millions of yen, except per share figures)

Net sales

Ordinary profit

Profit attributable

to owners of parent

Earnings per

share (¥)

Previous forecasts (A)

Revised forecasts (B)

5,100,000

370,000

260,000

282.85

Change (B-A)

% change

(For reference)

Actual for the previous fiscal year

ended March 31, 2015

5,610,030

451,747

214,293

23.48

Note: The Company plans to carry out a share consolidation at the ratio of 10 shares to 1 share effective on October 1,
2015. If the effect of the share consolidation is not taken into account, earnings per share for fiscal 2015 (forecast) is projected to be ¥28.29.

Reason for the Revision

The Company has determined its forecasts for the performance of the fiscal year ending March 31, 2016, which had not estimated at the time of the previous announcement of results.

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