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
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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 | Contracts/Agreements | In April, Ovako entered into a partnership with FNsteel to improve wire rod production in Europe. |
2024 | Regulatory Approval | In April, the company secured shareholders' approval to acquire US Steel for US$14.9 billion. |
2024 | Plans/Strategy | In March, the company announced its plans to shift its US headquarters to Pittsburgh, Pennsylvania, the US. |
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 | Executive Vice President; Director | Executive Board | 2023 | - |
Kazuhisa Fukuda | Director; Executive Vice President | Executive Board | - | - |
Naoki Sato | Director; Executive Vice President | Executive Board | 2022 | - |
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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