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Non-Energy Minerals

NIPPON STEEL CORP.

Business Summary

NIPPON STEEL CORP. engages in the manufacture and trade of steel products. It operates through the following segments: Steelmaking and Steel Fabrication; Engineering and Construction; Chemicals; New Materials; and System Solutions. The Steelmaking and Steel Fabrication segment produces and distributes steel sheets, plates, bars and wire rods, pipes and tubes, and machinery parts. The Engineering and Construction segment develops steel plants, heat management facilities, and industrial machinery and equipment. The Chemicals segment deals with chemical products, carbon materials, and epoxy resin products. The New Materials segment manufactures and trades semiconductors, stainless steel foils, silicon carbide wafers, carbon fibers, and metal substrates for catalytic converters. The System Solutions segment includes information technology infrastructure services. The company was founded in 1886 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue6,808.89B60,592.04M
Gross Profit1,221.55B10,870.60M
Operating income676,834M6,023.11M
Income before tax602,103M5,358.09M
Net income637,321M5,671.49M
EBITDA1,007.44B8,965.21M
Diluted EPS657.485.85
Dividends Per Share1601.42
Total Assets8,752.34B72,109.96M
Total liabilities4,855.33B40,002.77M
Total equity3,466.79B28,562.71M
Operating cash flow615,635M5,478.51M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 5,712.96B 6,177.94B 5,921.52B 4,829.27B 6,808.89B
Gross Profit 767,070M 791,183M 613,815M 560,906M 1,221.55B
Operating income 230,295M 218,045M 37,377M 96,199M 676,834M
Income before tax 271,760M 248,769M -423,572M -8,656M 602,103M
Net income 180,833M 251,170M -431,513M -32,432M 637,321M
EBITDA 596,860M 626,661M 454,716M 387,062M 1,007.44B
Diluted EPS 204.87 281.77 -468.74 -35.22 657.48
Dividends Per Share 70 80 10 10 160
Total Assets 7,756.13B 8,049.52B 7,444.96B 7,573.94B 8,752.34B
Total liabilities 4,231.23B 4,442.15B 4,448.33B 4,442.55B 4,855.33B
Total equity 3,136.99B 3,230.78B 2,641.61B 2,759.99B 3,466.79B
Operating cash flow 485,539M 452,341M 494,330M 403,185M 615,635M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 51,545.97M 55,710.04M 54,462.93M 45,534.50M 60,592.04M
Gross Profit 6,920.98M 7,134.54M 5,645.53M 5,288.70M 10,870.60M
Operating income 2,077.86M 1,966.23M 343.77M 907.04M 6,023.11M
Income before tax 2,451.99M 2,243.29M -3,895.78M -81.61M 5,358.09M
Net income 1,631.58M 2,264.94M -3,968.81M -305.79M 5,671.49M
EBITDA 5,385.24M 5,650.95M 4,182.22M 3,649.55M 8,965.21M
Diluted EPS 1.84 2.54 -4.31 -0.33 5.85
Dividends Per Share 0.63 0.72 0.09 0.09 1.42
Total Assets 72,930.25M 72,724.65M 68,963.59M 68,542.50M 72,109.96M
Total liabilities 39,785.92M 40,133.33M 41,205.41M 40,204.13M 40,002.77M
Total equity 29,496.85M 29,189.03M 24,469.62M 24,977.34M 28,562.71M
Operating cash flow 4,380.83M 4,079.01M 4,546.57M 3,801.57M 5,478.51M

Valuation Measures

Mar 2022
PER3.13
ROA7.80%
ROE20.47%
Operating margin9.94%
Profit margin9.36%

Key executives

  • President & Representative Director: Eiji Hashimoto
  • Representative Director & Vice President: Akio Migita
  • Representative Director & Vice President: Takahiro Mori
  • Representative Director & Vice President: Naoki Sato
  • Executive Officer: Yoshiro Sato

Shareholders

  • Asset Management One Co., Ltd. (3.8%)
  • Nomura Asset Management Co., Ltd. (3.4%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.2%)
  • NIPPON STEEL CORP. (2.9%)
  • Nippon Life Insurance Co. (2.5%)
  • The Vanguard Group, Inc. (2.2%)
  • BlackRock Fund Advisors (1.7%)
  • Nikko Asset Management Co., Ltd. (1.6%)
  • Meiji Yasuda Life Insurance Co. (1.4%)
  • Daiwa Asset Management Co. Ltd. (1.4%)

Contact Details

  • Website:http://www.nssmc.com
  • Address: Marunouchi Park Building, 2-6-1 Marunouchi, Tokyo, 100-8071, Japan
  • Phone: +81.3.6867.4111

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  • Nippon Steel North America, Inc.
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  • NSI Crankshaft LLC
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Competitors

  • POSCO Holdings Inc.
  • Bluescope Steel Limited
  • SSAB AB Class A
  • Ternium S.A. Sponsored ADR
  • Tenaris S.A.
  • Howmet Aerospace Inc.
  • Sandvik AB
  • Zhejiang Jiuli Hi-Tech Metals Co., Ltd. Class A
  • CNIM Group SA
  • Duksan Hi-Metal Co., Ltd.
  • Vallourec SA
  • RAFAKO S.A.
  • Aperam SA
  • Babcock & Wilcox Enterprises Inc
  • Guangzhou Fangbang Electronics Co. Ltd. Class A
  • Peabody Energy Corporation
  • TAIFLEX Scientific Co., Ltd.
  • Universal Display Corporation
Last Updated on 18 May, 2022

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