Japan’s Nippon Steel revised its full-year outlook to a ¥40 billion loss (US$266 million) from a prior forecast of ¥200 billion profit, largely due to one-off charges tied to its recent US Steel acquisition .  The company closed the $14.9 billion deal in June after an 18-month approval process.  It booked a ¥231.5 billion loss on transferring its 50% stake in the AM/NS Calvert joint venture to ArcelorMittal .  Nippon Steel said U.S. Steel will now be consolidated from July to March 2026 and is expected to contribute about ¥80 billion to business profit this year, rising to roughly ¥150 billion next year .  The firm also plans a 2-for-1 share split effective October 1.  (In Q2 ended June 30, Nippon Steel reported a net loss of ¥195.8 billion, reversing the ¥74.7 billion profit of a year earlier.)  The adjusted profit outlook reflects the heavy acquisition costs rather than underlying operations.  Nippon Steel has emphasized that long-term growth will come from integrating U.S. Steel’s capacity and meeting domestic demand for high-grade steel.