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the merger of Nippon Steel Corporation and Sumitomo Metal Industries, Ltd., Nippon Steel & Sumitomo Metal Corporation (NSSMC) is the world-leading integrated steel producer. NSSMC’s management team is led by Shoji Muneoka, Representative Director and Chairman, and Kosei Shindo, Representative Director and President.
NSSMC makes a wide range of value-added steel products, in more than 15 countries as well as at 13 steelworks in Japan. It emphasizes three business fields as key strategic areas: high-grade steel products for automobiles, resources and energy, and civil engineering, construction, and railways. It conducts research and development at three major research centers, and six laboratories at steelworks, all in Japan.
NSSMC is a holding company for five businesses: steelmaking, engineering, chemicals, new materials, and system solutions. The NSSMC group employs approximately 84,000 persons. NSSMC posted ¥5,610,030 million in net sales and ¥451,747 million in ordinary profit with its crude steel production of 47.32 million tons on a consolidated basis for the fiscal year ended March 31, 2015.
In line with its corporate philosophy, NSSMC is working at building up a dynamic NSSMC Group. We seek to ensure management efficiency, soundness, and transparency, and enhance our corporate governance with the ultimate aim of achieving sustainable improvement in corporate value and being trusted by society.