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 2023	JPY	USD
Revenue	7,975.58B	58,852.83M
Gross Profit	1,293.55B	9,545.32M
Operating income	714,147M	5,269.77M
Income before tax	763,934M	5,637.16M
Net income	694,017M	5,121.23M
EBITDA	1,054.31B	7,779.94M
Diluted EPS	671.89	4.95
Dividends Per Share	180	1.32
Total Assets	9,567.09B	71,884.43M
Total liabilities	4,920.67B	36,972.56M
Total equity	4,181.15B	31,415.99M
Operating cash flow	661,274M	4,879.62M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 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 2019	Mar 2020	Mar 2021	Mar 2022	Mar 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
PER	4.13
ROA	7.57%
ROE	18.14%
Operating margin	8.95%
Profit margin	8.70%

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

Shareholders

Asset Management One Co., Ltd. (3.8%)
Nomura Asset Management Co., Ltd. (3.6%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.3%)
NIPPON STEEL CORP. (2.9%)
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:http://www.nipponsteel.com
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