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 1.12 trillion Indian Rupees [US$17.29 billion]
of which 94%
JFE Holdings Incorporated
(3.31 trillion Japanese Yen [US$29.62 billion]
of which 45%
was Steel Business), and
Kobe Steel, Ltd.
(1.70 trillion Japanese Yen [US$15.18 billion]
of which 35%
was Iron & Steel).
During the year ended March of 2017, sales at
Nippon Steel & Sumitomo Metal were ¥4.63 trillion (US$41.46 billion).
decrease of 5.6%
versus 2016, when the company's sales were ¥4.91 trillion.
Contributing to the drop in overall sales was the 18.5% decline
in Engineering Business, from ¥288.09 billion to ¥234.86 billion.
There were also decreases in sales in
Steel Business (down 5.3% to ¥4.02 trillion)
Chemicals Operations (down 4.4% to ¥168.60 billion)
New Materials Business (down 4.9% to ¥34.52 billion)
However, these declines were partially offset by the increase in sales of
System Solutions (up 7.9% to ¥178.24 billion)