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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 2019 JPYUSD
Revenue6,177.94B55,710.04M
Gross Profit791,183M7,134.54M
Operating income218,045M1,966.23M
Income before tax248,769M2,243.29M
Net income251,170M2,264.94M
EBITDA626,661M5,650.95M
Diluted EPS281.772.54
Dividends Per Share800.72
Total Assets8,049.52B72,724.65M
Total liabilities4,442.15B40,133.33M
Total equity3,230.78B29,189.03M
Operating cash flow452,341M4,079.01M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 5,610.03B 4,907.42B 4,632.89B 5,712.96B 6,177.94B
Gross Profit 805,446M 619,435M 568,831M 767,070M 791,183M
Operating income 349,510M 167,731M 114,203M 230,295M 218,045M
Income before tax 376,188M 230,778M 181,692M 271,760M 248,769M
Net income 214,293M 145,419M 130,947M 180,833M 251,170M
EBITDA 678,860M 483,070M 425,413M 596,860M 626,661M
Diluted EPS 234.80 158.72 147.96 204.87 281.77
Dividends Per Share 55 45 45 70 80
Total Assets 7,157.92B 6,425.04B 7,261.92B 7,756.13B 8,049.52B
Total liabilities 3,610.87B 3,415.96B 3,970.90B 4,231.23B 4,442.15B
Total equity 2,978.69B 2,773.82B 2,948.23B 3,136.99B 3,230.78B
Operating cash flow 710,998M 562,956M 484,288M 485,539M 452,341M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 51,066.89M 40,866.53M 42,783.23M 51,545.97M 55,710.04M
Gross Profit 7,331.80M 5,158.33M 5,252.97M 6,920.98M 7,134.54M
Operating income 3,181.51M 1,396.77M 1,054.62M 2,077.86M 1,966.23M
Income before tax 3,424.35M 1,921.80M 1,677.86M 2,451.99M 2,243.29M
Net income 1,950.66M 1,210.97M 1,209.25M 1,631.58M 2,264.94M
EBITDA 6,179.51M 4,022.75M 3,928.55M 5,385.24M 5,650.95M
Diluted EPS 2.13 1.32 1.36 1.84 2.54
Dividends Per Share 0.50 0.37 0.41 0.63 0.72
Total Assets 59,686.70M 57,164.84M 65,170.26M 72,930.25M 72,724.65M
Total liabilities 30,109.40M 30,392.52M 35,635.85M 39,785.92M 40,133.33M
Total equity 24,837.99M 24,679.23M 26,458.16M 29,496.85M 29,189.03M
Operating cash flow 6,472.06M 4,688.00M 4,472.24M 4,380.83M 4,079.01M

Valuation Measures

Mar 2019
PER6.93
ROA3.17%
ROE7.88%
Operating margin3.52%
Profit margin4.06%

Key executives

  • President & Representative Director: Kosei Shindo
  • Representative Director, VP & Head-Finance: Katsuhiro Miyamoto
  • Representative Director & GM-Technical Development: Akihiko Inoue
  • Representative Director & Vice President: Akio Migita
  • Representative Director & Vice President: Shinichi Nakamura

Shareholders

  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.0%)
  • NIPPON STEEL CORP. (2.9%)
  • Nomura Asset Management Co., Ltd. (2.5%)
  • Nippon Life Insurance Co. (2.5%)
  • BlackRock Fund Advisors (2.4%)
  • The Vanguard Group, Inc. (2.3%)
  • BlackRock Japan Co., Ltd. (1.7%)
  • Sumitomo Corp. (1.7%)
  • Mitsubishi UFJ Financial Group, Inc. (1.6%)
  • Sumitomo Mitsui Financial Group, Inc. (1.5%)

Contact Details

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

Related Companies

  • Air Water, Inc. /Coke Oven Gas Business/
  • Nippon Steel & Sumikin Pipe India Pvt Ltd.
  • Katakura Steel Tube Co., Ltd.
  • NS Boggabri Pty Ltd.
  • Nippon Steel & Sumikin Cold Heading Wire Indiana, Inc.
  • Nippon Engineering Products of Houston, Inc.
  • Nippon Steel & Sumikin Biomass Coke (M) Sdn. Bhd.
  • Guangzhou Nippon Steel & Sumikin Pipe Co. Ltd.
  • PT Nippon Steel Batam Offshore Service
  • Wuxi Nippon Steel & Sumikin Pipe Co. Ltd.
  • PT Indonesia Nippon Steel Pipe
  • NIPPON STEEL & SUMITOMO METAL Southeast Asia Pte Ltd.
  • Nippon Steel & Sumitomo Metal India Pvt Ltd.
  • Nippon Steel & Sumikin Bussan (Thailand) Co. Ltd.
  • Nippon Steel & Sumitomo Metal Empreendimentos Siderurgicos
  • Nippon Steel & Sumikin Bussan (Shanghai) Co. Ltd.
  • Nippon Steel & Sumitomo Metal (Thailand) Co. Ltd.
  • Nippon Steel & Sumitomo Metal USA, Inc.
  • Nippon Steel Plant Engineering (Shanghai) Co. Ltd.
  • NSI Crankshaft LLC
  • Nippon Steel & Sumikin Tubos do Brasil Ltda.
  • Nippon Steel & Sumikin Slag Products Co. Ltd.
  • Special Steel Co. Ltd.
  • Nippon Steel & Sumikin Kosan Co., Ltd.
  • Nippon Steel & Sumikin Bolten Co., Ltd.
  • NIPPON STEEL & SUMIKIN Steel Processing (Thailand) Co., Ltd.
  • Nippon Steel & Sumikin Insurance Service, Inc.
  • NIPPON STEEL TEXENG CO., LTD.
  • Nippon Steel Pipe Vietnam Co. Ltd.
  • Nippon Steel & Sumikin Logistics Co., Ltd.

Competitors

  • POSCO
  • Kobe Steel, Ltd.
  • JFE Holdings, Inc.
  • ArcelorMittal SA
  • Tenaris S.A.
  • Magnitogorsk Iron & Steel Works PJSC
  • Severstal PAO
  • Zhejiang Jiuli Hi-Tech Metals Co., Ltd. Class A
  • JSW Steel Limited
  • Arconic, Inc.
  • Duksan Hi-Metal Co., Ltd.
  • Sandvik AB
  • CNIM Group SA
  • GrafTech International Ltd.
  • TAIFLEX Scientific Co., Ltd.
  • Universal Display Corporation
  • Vallourec SA
  • Materion Corporation
  • Cree, Inc.
Last Updated on 11 Oct, 2019

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