Nippon Steel Corp - Company Profile
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Nippon Steel Corp (Nippon Steel), formerly known as Nippon Steel & Sumitomo Metal Corp, is a steel manufacturer. It produces and fabricates steel and related products for various industrial applications. Its product portfolio includes flat products, structural steel, bar and wire rod, pipes and tubes, steel plates, fabrications products, railway automotive and machinery parts, and titanium and specialty stainless steel products. The company also carries out engineering, chemical, new materials business and system solution activities. It operates R&D centers in Japan and production facilities in various countries across the Americas, Asia-Pacific, the Middle East, and Europe. Nippon Steel is headquartered in Tokyo, Japan
Headquarters
Japan
Address
Marunouchi Park Bldg., 2-6-1, Marunouchi, Chiyoda-Ku, Tokyo, 100-8071
Website
www.nipponsteel.com
Telephone
81 3 68674111
No of Employees
106,068
Industry
Metals and Mining
Ticker Symbol & Exchange
5401 (TYO)
Revenue (2022)
$58.9B
17.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
8.9%
(2022 vs 2021)
Market Cap*
$22.3B
Net Profit Margin (2022)
XYZ
-7.1%
(2022 vs 2021)
* As of and is in US$
Nippon Steel Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Steel Plate | Engineering and Construction |
| Steel Sheets | System Solutions |
| Bar and Rod Materials | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In March, the company announced its plans to shift its US headquarters to Pittsburgh, Pennsylvania, the US. |
| 2024 | Corporate Changes/Expansions | In March, the company established a new US$71.3 million plant in Apaseo El Grande, Mexico. |
| 2024 | Contracts/Agreements | In January, ArcelorMittal Nippon Steel entered into a memorandum of understanding with the Maharashtra government to set up a steel plant for INR40,000 crore. |
Competitor Comparison
| Key Parameters | Nippon Steel Corp | Mitsubishi Corp | Mitsui & Co Ltd | Itochu Corp | ArcelorMittal SA |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | Japan | Japan | Luxembourg |
| City | Chiyoda-Ku | Chiyoda-Ku | Chiyoda-Ku | Minato-Ku | Luxembourg |
| State/Province | Tokyo | Tokyo | Tokyo | Tokyo | - |
| No. of Employees | 106,068 | 79,706 | 46,811 | 110,698 | 126,756 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Eiji Hashimoto | Chairman; Chief Executive Officer | Executive Board | 2024 | - |
| Tadashi Imai | Chief Operating Officer; Director; President | Executive Board | 2024 | - |
| Hirofumi Funakoshi | Director; Executive Vice President | Executive Board | 2023 | - |
| Takashi Hirose | Director; Executive Vice President | Executive Board | 2023 | - |
| Takahiro Mori | Executive Vice President; Director | Executive Board | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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