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Non-Energy Minerals


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 2023 JPYUSD
Gross Profit1,293.55B9,545.32M
Operating income714,147M5,269.77M
Income before tax763,934M5,637.16M
Net income694,017M5,121.23M
Diluted EPS671.894.95
Dividends Per Share1801.32
Total Assets9,567.09B71,884.43M
Total liabilities4,920.67B36,972.56M
Total equity4,181.15B31,415.99M
Operating cash flow661,274M4,879.62M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 6,177.94B 5,921.52B 4,829.27B 6,808.89B 7,975.58B
Gross Profit 791,183M 613,815M 560,906M 1,213.67B 1,293.55B
Operating income 218,045M 37,377M 96,199M 676,834M 714,147M
Income before tax 248,769M -423,572M -8,656M 602,103M 763,934M
Net income 251,170M -431,513M -32,432M 637,321M 694,017M
EBITDA 626,661M 454,716M 387,062M 1,007.44B 1,054.31B
Diluted EPS 281.77 -468.74 -35.22 657.48 671.89
Dividends Per Share 80 10 10 160 180
Total Assets 8,049.52B 7,444.96B 7,573.94B 8,752.34B 9,567.09B
Total liabilities 4,442.15B 4,448.33B 4,442.55B 4,855.33B 4,920.67B
Total equity 3,230.78B 2,641.61B 2,759.99B 3,466.79B 4,181.15B
Operating cash flow 452,341M 494,330M 403,185M 615,635M 661,274M
 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 55,710.04M 54,462.93M 45,534.50M 60,592.04M 58,852.83M
Gross Profit 7,134.54M 5,645.53M 5,288.70M 10,800.41M 9,545.32M
Operating income 1,966.23M 343.77M 907.04M 6,023.11M 5,269.77M
Income before tax 2,243.29M -3,895.78M -81.61M 5,358.09M 5,637.16M
Net income 2,264.94M -3,968.81M -305.79M 5,671.49M 5,121.23M
EBITDA 5,650.95M 4,182.22M 3,649.55M 8,965.21M 7,779.94M
Diluted EPS 2.54 -4.31 -0.33 5.85 4.95
Dividends Per Share 0.72 0.09 0.09 1.42 1.32
Total Assets 72,724.65M 68,963.59M 68,542.50M 72,109.96M 71,884.43M
Total liabilities 40,133.33M 41,205.41M 40,204.13M 40,002.77M 36,972.56M
Total equity 29,189.03M 24,469.62M 24,977.34M 28,562.71M 31,415.99M
Operating cash flow 4,079.01M 4,546.57M 3,801.57M 5,478.51M 4,879.62M

Valuation Measures

Mar 2023
Operating margin8.95%
Profit margin8.70%

Key executives

  • President & Representative Director: Eiji Hashimoto
  • Representative Director & Vice President: Akio Migita
  • Representative Director & Vice President: Takashi Hirose
  • Representative Director & Vice President: Takahiro Mori
  • Representative Director & Vice President: Naoki Sato


  • Asset Management One Co., Ltd. (3.8%)
  • Nomura Asset Management Co., Ltd. (3.6%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.3%)
  • BlackRock Fund Advisors (2.8%)
  • The Vanguard Group, Inc. (2.3%)
  • Nippon Life Insurance Co. (2.0%)
  • BlackRock Japan Co., Ltd. (1.8%)
  • Nikko Asset Management Co., Ltd. (1.5%)
  • Daiwa Asset Management Co. Ltd. (1.5%)

Contact Details

  • Website:
  • Address: Marunouchi Park Building, 2-6-1 Marunouchi, Tokyo, 100-8071, Japan
  • Phone: +81.3.6867.4111

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Last Updated on 2 Jun, 2023

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