NIPPON STEEL CORPORATION (5401) Stock Price

Nippon Steel has four main business segments.

1. **Steel Business**: Nippon Steel manufactures and sells steel products. Specifically, the company handles bars and rods, steel plates, steel pipes, transportation machinery products, special steel, secondary steel products, and pig iron and steel ingots. The company also provides design and construction services for machinery and electrical equipment related to steel production, as well as logistics services.

2. **Engineering Business**: The company designs, manufactures, and constructs various plants and facilities. It handles the design, construction, and management of energy pipelines, water supply systems, industrial machinery, and buildings. The company also operates waste disposal and recycled resource businesses.

3. **Chemical & Materials Business**: Nippon Steel manufactures and sells chemical products and materials. The company provides pitch coke, naphthalene, carbon black, styrene-based resins, epoxy-based resins, liquid crystal display materials, and organic EL materials.

4. **System Solutions Business**: The company provides IT-based engineering consulting and outsourcing services. It offers various computer system services and addresses corporate IT needs.

Through these business segments, Nippon Steel contributes to diverse industrial sectors.

Nippon Steel pursues world-leading technology and manufacturing capabilities as its core mission, aiming to contribute to societal development. The company operates across four business segments: Steel (its core business), Engineering, Chemicals & Materials, and System Solutions. The Steel segment is particularly vital, accounting for approximately 90% of the company's consolidated revenue.

The company's medium-term management plan targets becoming "the world's most comprehensive steel manufacturer." It rests on four pillars: first, restructuring domestic steel operations and strengthening group management to enhance competitiveness; second, deepening and expanding overseas operations, with particular focus on growth in India and Asian markets.

Addressing carbon neutrality is also a key strategic priority. Nippon Steel has established its "Carbon Neutral Vision 2050" and is advancing the development of CO2 reduction technologies. Additionally, the company is pursuing a digital transformation strategy, positioning itself as a digital leader in the steel industry.

Through these strategies, Nippon Steel aims to achieve sustainable growth and strengthen its international competitiveness. Notably, initiatives in carbon neutrality and digitalization represent critical factors that will determine the company's competitive advantage in the future.