Nippon Steel & Sumitomo Metal Corporation operates within the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nippon Steel & Sumitomo Metal with three other
steel companies in Asia:
Tata Steel Limited
sales of 1.17 trillion Indian Rupees [US$17.93 billion]
of which 92%
of South Korea
(53.08 trillion Korean Won [US$47.24 billion]
of which 51%
was Steel), and
JFE Holdings Incorporated
(3.43 trillion Japanese Yen [US$30.71 billion]
of which 46%
was Steel Business).
During the year ended March of 2016, sales at
Nippon Steel & Sumitomo Metal were ¥4.91 trillion (US$43.92 billion).
decrease of 12.5%
versus 2015, when the company's sales were ¥5.61 trillion.
Contributing to the drop in overall sales was the 14.1% decline
in Chemicals Operations, from ¥205.21 billion to ¥176.36 billion.
There were also decreases in sales in
Steel Business (down 13.3% to ¥4.24 trillion)
Engineering Business (down 8.0% to ¥288.09 billion)
New Materials Business (down 0.5% to ¥36.28 billion)
However, these declines were partially offset by the increase in sales of
System Solutions (up 1.4% to ¥165.18 billion)