Nippon Steel Corp - Company Profile
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Business Description
Nippon Steel Corp (Nippon Steel) is a steel manufacturing company. It carries out various businesses such as steel fabrication, steelmaking, engineering, chemicals, new materials and system solutions. The company produces plate, flat products, bar and wire rods, construction products, pipe and tube, railway, automotive and machinery parts, titanium, and stainless steel. It serves automobiles, resources and energy, civil engineering, railways, and construction markets.
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R&D Overview
Research and development (R&D) focuses on developing steel materials for business performance. It also focuses on product development and manufacturing technology, including process innovation. Nippon Steel has three major research centers in Japan. The company’s recent innovations include the invention of ship structures with exceptional crashworthiness using highly ductile steel plates, a lightweight B-pillar with a tailor-welded blank structure, developed 1180MPa class hot-rolled steel sheet to enhance the rear crash prevention devices in medium and large trucks, high-strength hot stamp steel sheet with a strength of 2.0 GPa and others. As of March 2023, the company had a total of 775 patent publications. In FY2023, Nippon Steel spent JPY70,555 million on R&D.
Business Segments
- Chemicals and Materials
- Engineering and Construction
- Steelmaking and Steel Fabrication
- System Solutions
Overview
Manufactures and markets petrochemicals, coal-based chemical products, electronic materials, and other materials and components for semiconductors and electronic parts, carbon fiber and composite products, and other products.
Performance
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Overview
Manufactures and markets industrial machinery and equipment, and steel structures. Operates plants in the environmental, steelworks and energy fields, and provides total engineering technology in various fields such as large-scale steel structures in buildings, pipelines and ultra-high-rise buildings. Carries out the performance of construction work under contract, supply of electricity, gas and heat, and waste processing and recycling.
Performance
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Overview
Manufactures and markets steel products such as steel sections; pipe and tubes; railway, automotive and machinery parts; specialty steel; and structural steel. Used in machines, electrical equipment, construction and building, bridges, ports and rivers, oil and gas drilling, electric and power plants, containers, architecture, and aircraft, sports gears and consumer products, wire rods, sheets, roads and tunnels, railway, automotive, and machinery parts unit, and petrochemical and other plants.
Performance
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Overview
Offers computer systems engineering and consulting services. Also provides IT-enabled outsourcing and other services. Operates through NS Solutions Corp, which provides services such as planning, configuration, operation, and maintenance of IT systems.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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