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:
Baoshan Iron & Steel Co Ltd
sales of 289.50 billion Chinese Renmimbi [US$45.83 billion]
of which 81%
was Processing and Distribution),
of South Korea
(60.66 trillion Korean Won [US$56.11 billion]
of which 50%
was Steel), and
JFE Holdings Incorporated
(3.31 trillion Japanese Yen [US$30.44 billion]
of which 45%
was Steel Business).
During the year ended March of 2017, sales at
Nippon Steel & Sumitomo Metal were ¥4.63 trillion (US$42.62 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)