Nippon Steel Corp. · TSE:5401
Nippon Steel — Shareholder Meeting (June 2023)
13 slides from Nippon Steel's shareholder meeting presentation, Jun 23, 2023
Slide 1: Business Challenges and Coming Measures
NIPPON STEEL Business Challenges and Coming Measures 1
Slide 2: Fiscal 2022 financial results and Fiscal 2023 strategy
Fiscal 2022 financial results and Fiscal 2023 strategy 2
Slide 3: Completed a profit structure that ensures underlying business profit of ¥600.0 Bn. or more
Completed a profit structure that ensures underlying business profit of ¥600.0 Bn. or more Bar: Consol. Business Profit 938.1 916.4 Crude steel production (Bn.JPY/Y) (Non-consolidated; Million Metric tons/Y) 690.0 734.0 48.23 471.3 433.0 336.9 288.7 490.0 207.1 180.4 38.68 34.25 76.5 ▲213.0 Underlyi
Slide 4: External environment remains unfavorable in FY2023
External environment remains unfavorable in FY2023 Interest rate rises/ Continued sluggish Labor shortage/ Possible Europe and Chinese economy Rising labor costs U.S. recession High energy & Stagnant overseas Stagnant steel material prices spot market price demand in Japan Aim to achieve underlying
Slide 5: Proceeding to next phase toward ¥1 Tn. and 100 Mt/Y Vision
Proceeding to next phase toward ¥1 Tn. and 100 Mt/Y Vision 5
Slide 6: Plan to achieve underlying business profit of ¥800.0 Bn. or more in FY2023
Plan to achieve underlying business profit of ¥800.0 Bn. or more in FY2023 and proceed to the next phase toward the ¥1 Tn. business profit and 100 Mt/Y of global crude steel capacity ¥1 trillion Underlying (Bn. JPY/Y) business profit 800.0 or more 734.0 Three non-steel 690.0 segments 58.0 60.0 Other
Slide 7: Evolve to a further vertically-integrated business structure
Evolve to a further vertically-integrated business structure (from raw materials to production and distribution) Procurement Three non- Raw material business steel segments Making procurement a part of own business Production Overseas steel Domestic steel business business Other group Making steel d
Slide 8: Promote specific measures toward the Carbon Neutral Vision 2050
Promote specific measures toward the Carbon Neutral Vision 2050 Announced in March 2021 Target for 2030: 30% reduction in CO2 emissions Target for 2050: To become carbon neutral Provision of high-performance steel Decarbonization of steelmaking products and solutions that contribute to process for p
Slide 9: Implement HR and PR initiatives to recruit and retain diverse human resources
Implement HR and PR initiatives to recruit and retain diverse human resources Major initiatives taken New initiatives Recruitment Raised retirement age to 65 ●PR activities facilitating broad Hired post-doc researchers recognition by multiple generations Support work/life balance 24-hour child
Slide 10: We thank our shareholders for continued understanding and support
We thank our shareholders for continued understanding and support 10
Slide 11: English translation of the presentation: June 23, 2023 speech
English translation from the original Japanese-language presentation for reference purpose only June 23, 2023 Nippon Steel Corporation The 99th General Meeting of Shareholders Nippon Steel’s Business Challenges and Measures to Take Presenter: Eiji Hashimoto, president I would like to explain Nippon
Slide 12: Despite the extremely severe business environment in fiscal 2023
Despite the extremely severe business environment in fiscal 2023, we are determined to generate profit of 800 billion yen or higher and make this the year that we advance to a new stage, to achieve 1 trillion yen in profit and 100 million tons of global crude steel capacity per annum. In order to ac
Slide 13: Products and solution technologies that contribute to CO2 reduction
"products and solution technologies that contribute to the reduction of CO2 emissions in society." We are also strengthening PR activities for the benefit of our stakeholders. As the business environment is continuing to be challenging, we must overcome vigorous competition and keep growing while ex