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Native name | 日本製鉄株式会社 |
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Romanized name | Nippon Seitetsu kabushiki gaisha |
Formerly | Nippon Steel & Sumitomo Metal Corporation (2012–2019) |
Company type | Public |
TYO: 5401 NAG: 5401 FSE: 5401 SSE: 5401 TOPIX Large70 component | |
Industry | Steel |
Predecessors |
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Founded | October 1, 2012 |
Founders | |
Headquarters | Chiyoda, Tokyo, Japan |
Key people | Eiji Hashimoto (Chairman & CEO)[1] |
Revenue | ¥6.177 trillion (2019)[2] |
¥114.20 billion (2017)[3] | |
¥251.69 billion (2019)[2] | |
Total assets | ¥8.049 trillion (2019)[2] |
Total equity | ¥3.230 trillion (2019)[2] |
Number of employees | 105,796 (2019)[2] |
Subsidiaries | Nippon Steel Engineering Nippon Steel Materials Nippon Steel Chemical |
Website | www |
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.
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