Nippon Steel

Nippon Steel Corporation
Native name
日本製鉄株式会社
Nippon Seitetsu kabushiki gaisha
FormerlyNippon Steel & Sumitomo Metal Corporation (2012–2019)
Company typePublic
TYO: 5401
NAG: 5401
FSE: 5401
SSE: 5401
TOPIX Large70 component
IndustrySteel
Predecessors
FoundedOctober 1, 2012; 12 years ago (2012-10-01)
Founders
HeadquartersChiyoda, Tokyo, Japan
Key people
Eiji Hashimoto [jp] (Chairman & CEO)[1]
RevenueIncrease ¥6.177 trillion (2019)[2]
Increase ¥114.20 billion (2017)[3]
Increase ¥251.69 billion (2019)[2]
Total assetsIncrease ¥8.049 trillion (2019)[2]
Total equityIncrease ¥3.230 trillion (2019)[2]
Number of employees
105,796 (2019)[2]
SubsidiariesNippon Steel Engineering
Nippon Steel Materials
Nippon Steel Chemical
Websitewww.nipponsteel.com

Nippon Steel Corporation (日本製鉄株式会社, Nippon Seitetsu kabushiki gaisha) (previously known as Nippon Steel & Sumitomo Metal until 2019) is Japan's largest steelmaker, headquartered in Marunouchi, Chiyoda, Tokyo.[4] The company has four business segments, including steelmaking, engineering, chemicals, and system solutions.[5] It is the largest producer of crude steel in Japan and the fourth largest in the world.[6]

The company is on the Forbes Global 2000 list, ranked 1971 in 2023.[7] The company is the third incarnation of the Nippon Steel name, each time with a slightly different spelling or pronunciation. The original company, known as Japan Iron & Steel Co., Ltd. (日本製鐵, Nihon Seitetsu), was split into two separate companies in 1950. These two companies later merged in 1970 to form Nippon Steel Corporation[a] and this name lasted until 2012, when it merged with Sumitomo Metal Industries.[8] The company’s English name reverted to its 1970 name in 2019, while its Japanese name returned to the original 1934 name.

  1. ^ "Top Message". Retrieved 2024-01-09.
  2. ^ a b c d e "Annual Report 2019" (PDF) (Press release). Retrieved 4 June 2020.
  3. ^ "Annual Report 2017" (PDF) (Press release). Retrieved 12 December 2018.
  4. ^ Isidore, Chris (2023-12-18). "US Steel, once the world's largest corporation, agrees to sell itself to a Japanese company | CNN Business". CNN. Retrieved 2023-12-18.
  5. ^ "日本製鉄グループ事業内容 | 企業情報 | 日本製鉄". www.nipponsteel.com. Retrieved 2023-12-18.
  6. ^ "2023 Top steel-producing companies". World Steel Association.
  7. ^ "The Global 2000 2023". Forbes. Archived from the original on 2024-01-29. Retrieved 2024-02-07.
  8. ^ "Top steel-producing companies 2017". worldsteel.org. Retrieved 1 August 2020.


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