Company Nippon Steel Corporation

Equities

5401

JP3381000003

Iron & Steel

Delayed Japan Exchange 12:02:08 2024-03-19 am EDT 5-day change 1st Jan Change
3,663 JPY +0.99% Intraday chart for Nippon Steel Corporation +1.47% +13.41%

Business Summary

Nippon Steel Corporation is one of the Japanese largest iron and steel groups. Net sales break down by activity as follows:

- manufacturing of steel products (88.5%): long steel, flat steel, rails, sheets, iron bars, tubular products, etc.;

- engineering and construction services (4%): design, development and construction of offshore structures, infrastructures and environmental systems;

- technologic services (3.9%);

- manufacturing of chemical product (3.6%): primarily raw materials and iron and steel by-products (coal, coke, tar, etc.).

Net sales are distributed geographically as follows: Japan (60.2%), Asia (22.8%) and other (17%).

Number of employees: 106,068

Sales per Business

JPY in Million2022Weight2023Weight Delta
Steel
90.0 %
6,105,157 89.7 % 7,176,756 90.0 % +17.55%
Engineering
4.0 %
253,415 3.7 % 319,365 4.0 % +26.02%
Chemical & Material
3.2 %
245,083 3.6 % 257,648 3.2 % +5.13%
System Solution
2.8 %
205,233 3.0 % 221,815 2.8 % +8.08%

Sales per region

JPY in Million2022Weight2023Weight Delta
Japan
59.4 %
4,101,822 60.2 % 4,735,710 59.4 % +15.45%
Asia
23.5 %
1,553,528 22.8 % 1,877,313 23.5 % +20.84%
Europe
5.1 %
336,249 4.9 % 409,384 5.1 % +21.75%
North America
5.0 %
345,836 5.1 % 398,807 5.0 % +15.32%
Latin America
4.0 %
270,440 4.0 % 315,835 4.0 % +16.79%
Middle East
2.1 %
125,909 1.8 % 164,335 2.1 % +30.52%
Africa
0.8 %
63,696 0.9 % 60,271 0.8 % -5.38%
Oceania
0.2 %
11,407 0.2 % 13,927 0.2 % +22.09%

Managers

Managers TitleAgeSince
Chairman 74 12-09-30
Director of Finance/CFO 66 -
President 68 12-09-30
Director/Board Member 66 12-09-30
Director/Board Member 65 12-09-30
Director/Board Member 60 23-06-22
Director/Board Member 65 12-09-30
Director/Board Member 63 23-06-22
Director/Board Member 61 -
Director/Board Member 65 12-09-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member 83 12-09-30
Director/Board Member 81 14-05-31
Chairman 74 12-09-30
President 68 12-09-30
Director/Board Member 66 12-09-30
Director/Board Member 66 12-09-30
Director/Board Member 67 12-09-30
Director/Board Member 65 12-09-30
Director/Board Member 68 18-05-31
Director/Board Member 63 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 950,321,402 864,094,211 ( 90.93 %) 29,504,496 ( 3.105 %) 90.93 %

Shareholders

NameEquities%Valuation
Nomura Asset Management Co., Ltd.
3.726 %
35,411,770 3.726 % 879 M ¥
Asset Management One Co., Ltd.
3.100 %
29,458,000 3.100 % 731 M ¥
28,404,700 2.989 % 705 M ¥
BlackRock Fund Advisors
2.865 %
27,229,243 2.865 % 676 M ¥
Nippon Life Insurance Co.
2.018 %
19,179,100 2.018 % 476 M ¥
BlackRock Japan Co. Ltd.
1.820 %
17,299,900 1.820 % 429 M ¥
Nikko Asset Management Co., Ltd.
1.673 %
15,902,200 1.673 % 395 M ¥
Meiji Yasuda Life Insurance Co.
1.443 %
13,712,700 1.443 % 340 M ¥
Nippon Steel Employee Stock Ownership Plan
1.286 %
12,223,000 1.286 % 303 M ¥
12,199,898 1.284 % 303 M ¥
NameEquities%Valuation
State Street Global Advisors Ltd. (Canada)
0.001778 %
50,700 0.001778 % 419 492 ¥
Yousif Capital Management LLC
0.001673 %
47,688 0.001673 % 394 571 ¥
PNC Investments LLC
0.000018 %
519 0.000018 % 4 294 ¥
First Horizon Advisors, Inc.
0.000006 %
161 0.000006 % 1 332 ¥

Holdings

NameEquities%Valuation
58,033,000 63.42% 1,942,575,750 $
2,894,712 3.42% 938,020,597 $
28,404,700 2.99% 705,040,728 $
28,863,000 52.95% 435,249,422 $
25,731,510 60.86% 388,886,744 $
3,908,000 42.88% 379,128,484 $
7,861,000 32.79% 278,892,951 $
25,379,690 0.21% 261,478,571 $
12,196,832 27.17% 197,942,874 $
10,735,000 2.71% 147,106,858 $

Company contact information

NIPPON STEEL CORP.

Marunouchi Park Building 2-6-1 Marunouchi

100-8071, Tokyo

+81 3 6867 4111

http://www.nipponsteel.com
address Nippon Steel Corporation(5401)

Group companies

NameCategory and Sector
Steel
Steel
Industrial Machinery
Nippon Steel & Sumikin Pipe India Pvt Ltd.
Nippon Steel Engineering Co., Ltd.

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
3,627 JPY
Average target price
4,011 JPY
Spread / Average Target
+10.59%
Consensus