Nippon Steel Corp. · TSE:5401

Nippon Steel — FY2008 Earnings Presentation

30 slides from Nippon Steel's earnings presentation, Apr 28, 2009

  1. Slide 1: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    2009 3 2009 4 28 1 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

  2. Slide 2: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    1 2009 3 2 2010 3 2 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

  3. Slide 3: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    2009 3 3 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

  4. Slide 4: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    7,910 7,175 3,852 3,323 1,817 1,506 6,399 5,884 3,129 2,755 1,485 1,270 2,623 2,579 1,296 1,283 676 607 3,776 3,305 1,833 1,472 809 663 607 638 312 326 162 164 1,441 1,195 702 493 285 208 1,511 1,291 723 568 332 236 4 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

  5. Slide 5: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    12,151 10,550 6,151 4,400 2,640 1,760 3,828 3,296 1,991 1,304 804 500 1 3,192 2,849 1,607 1,241 747 495 3,623 3,124 1,823 1,301 797 504 <3,311> <2,861> <1,657> <1,204> <737> <467> 3,290 2,820 1,637 1,183 712 471 79.8 104.7 100.2 110.8 112.4 108.5 33.4 32.5 33.5 31.2 31.8 30.1 115 102 106 97 99 93 5

  6. Slide 6: 4Q 3Q 2Q

    10 98 99 00 01 02 03 04 05 06 07 08 9,098 9,800 10,690 10,206 10,979 11,100 11,290 11,272 11,774 12,151 10,550 3,106 3,045 98 1-3 12/25 2,110 2,640 2,159 09 1-3 1/30 1,926 ( ) 3/27 1,763 09 1-3 1,760 830 826 737 98 1-3 535 09 1-3 467 ( ) 2,320 2,562 2,784 2,614 2,990 3,015 2,988 3,120 3,160 3,311 2,

  7. Slide 7: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    08 07 47,698 48,269 - 571 47,500 +198 31,286 27,829 +3,457 31,500 -214 16,412 20,440 - 4,028 16,000 +412 3,429 5,455 - 2,026 3,600 -171 2,529 3,761 - 1,232 2,700 -171 900 1,694 - 794 900 0 3,361 5,641 - 2,280 3,600 -239 2,036 3,531 - 1,495 2,300 -264 1,325 2,110 - 785 1,300 +25 * -550 413 - 963 -500

  8. Slide 8: 1Q 2Q 3Q

    2006 5,976 2007 5,641 2008 3,361 3,000 15,000 < > 2,500 2,000 08 4-12 10,000 4,104 1,500 08 1-3 1,294 1,000 5,000 500 09 1-3 09 1-3 09/01/29 504 742 0 0 -500 239 504 742 80 20 200 -1,000 +10 +30 -1,500 -5,000 06 1Q 2Q 3Q 4Q 07 1Q 2Q 3Q 4Q 08 1Q 2Q 3Q 4Q 8 Copyright (C) 2008 NIPPON STEEL Corporation

  9. Slide 9: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    47,698 9,396 48,269 13,207 -571 -3,811 47,500 +198 3,429 -535 5,455 1,374 -2,026 -1,909 3,600 -171 3,361 -742 5,641 1,294 -2,280 -2,036 3,600 -239 (2,622) (2,840) (-218) -550 -85 413 207 -963 -292 -500 -50 1,550 -570 3,549 919 -1,999 -1,489 1,750 -200 <24.6> <-9.1> <56.3> <14.6> <-31.7> <-23.7> <27.

  10. Slide 10: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    ( ) 2008 324 251 73 10 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

  11. Slide 11: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    08 07 07 08 < > 3,866 +66 3,598 +268 246 +46 214 +32 701 +1 938 -237 39 -1 126 -87 2,121 -78 2,890 -768 8 +8 210 -201 599 +49 761 -162 -23 -3 5 -29 1,615 -34 1,653 -38 114 -15 147 -32 8,904 +4 9,842 -938 385 +35 705 -320 11 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

  12. Slide 12: Q Q Q

    08 Q Q Q Q 47,698 11,985 14,035 12,280 9,396 3,429 1,197 1,287 1,480 -535 40,386 10,302 12,034 10,676 7,373 3,070 1,116 1,179 1,455 -681 8,904 2,023 2,419 1,987 2,481 385 83 126 24 151 3,866 724 962 926 1,252 246 22 37 37 149 701 110 144 143 302 39 10 11 8 8 2,121 647 722 442 309 8 34 45 -32 -38 599

  13. Slide 13: D/E 0.87 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    (08/03 09/03 ) 08/03 09/03 08/03 09/03 51,934 51,934 48,706 48,706 17,524 -837 +1,281 18,805 -1,450 - 450 +1,550 27,795 +2,600 8,671 10,215 26,958 11,920 14,542 D/E 0.87 -1,400 -600 -4,509 -2,391 34,410 -4,400 +800 29,901 15,932 11,502 24,139 -2,100 21,748 2,346 226 -1,100 13 Copyright (C) 2008 NIPP

  14. Slide 14: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    08 07 3,361 5,641 2,056 2,292 2,737 2,440 2,767 532 1,275 5,257 3,066 4,381 1,791 875 1,791 875 693 700 +2,622 -210 14,542 11,920 0.87 0.62 14 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

  15. Slide 15: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    2003 2004 2005 2006 2007 2008 1,600 (1,840) 1,850 (1,805) 2,050 (1,833) 2,700 (1,925) 3,100 (2,440) 3,000 (2,737) 1,200 (1,340) 1,400 (1,299) 1,650 (1,306) 2,000 (1,342) 2,300 (1,749) 2,200 (1,963) 07 350 08 470 3,500 3,500 (2008 3,000 3,000 460 200 2,737 2,500 100 800 2,500 2,000 2,000 1,963 1,500

  16. Slide 16: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    16 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

  17. Slide 17: < EPS 6.15 [DE

    10 11 9 19.5 18.4 17.6 < 56.33 > < 54.28 > < 51.07 > 6 5 24.4 15.3 < 24.61 > 1970 < 32.73 > 1.5 < EPS 6.15 > < 25.15 > < 27.96 > < 25.69 > 2003 2004 2005 2006 2007 2008 [DE 1.66] [1.08] [0.73] [0.64] [0.62] [0.87] 17 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

  18. Slide 18: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    2010 3 18 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

  19. Slide 19: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    09 08 35,000 15,000 47,698 26,021 -12,698 -11,021 0 -1,000 3,429 2,484 -3,429 -3,484 0 -1,000 3,361 2,622 -3,361 -3,622 -500 -950 2,036 1,621 -2,536 -2,571 -550 103 +550 -103 0 -600 1,550 1,616 -1,550 -2,216 < > < 0.0 > <-9.5> <24.6> <25.7> <-24.6> <-35.2> 19 Copyright (C) 2008 NIPPON STEEL Corporat

  20. Slide 20: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    09 08 35,000 15,000 47,698 26,021 -12,698 -11,021 0 -1,000 3,429 2,484 -3,429 -3,484 28,000 12,000 40,386 22,337 -12,386 -10,337 -300 -1,100 3,070 2,296 -3,370 -3,396 8,200 3,550 8,904 4,435 -704 -885 440 150 385 209 55 -59 3,600 1,400 3,866 1,687 -266 -287 200 60 246 59 -46 1 900 400 701 255 199 14

  21. Slide 21: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    21 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

  22. Slide 22: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    1,400 1,200 1,000 800 4 640 600 554 496 519 5 3 400 200 0 02 1 7 03 1 7 04 1 7 05 1 7 06 1 7 07 1 7 08 1 7 09 1 5 22 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

  23. Slide 23: H 19mm (1.0xS)

    < > H 140 140 120 120 113 100 100 19mm (1.0xS) 80 80 77 75 H 60 65 60 (200mm 100mm) (2.3xS) 40 40 20 20 0 0 00 01 02 03 04 05 06 07 08 09 4 00 01 02 03 04 05 06 07 08 09 4 23 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

  24. Slide 24: 4Q 3Q 2Q

    500 3.0 1.73 1.68 1.55 2.48 2.48 2.46 700 2.35 2.5 1.5 400 2.29 2.23 1.36 2.19 2.20 2.15 2.16 1.20 1.16 1.87 1.85 2.0 600 1.14 1.12 1.83 1.10 1.07 1.04 1.05 300 1.71 1.01 1.03 1.01 585 588 1.63 1.61 572 577 1.58 0.96 561 566 562 0.94 558 1.0 277 279 1.47 1.50 0.90 270 267 273 275 272 543 546 547 264

  25. Slide 25: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    3.0 3.0 2.9 2.9 1,000 2.8 3.0 2.7 2.7 2.7 2.7 2.5 2.5 2.5 2.5 2.4 2.4 2.4 2.3 2.3 2.2 2.2 2.2 2.2 2.2 2.2 2.2 800 2.1 743 740 702 2.0 676 682 621 608 619 626 598 607 584 584 582 600 571 553 561 542 542 544 565 554 498 468 454 445 1.0 400 200 0.0 07 01 02 03 04 05 06 07 08 09 10 11 12 08 01 02 03 04

  26. Slide 26: US$/dmt US$/wmt

    140 350 US$/dmt US$/wmt 120 300 BMA 08 100 250 57 128 80 200 60 150 40 100 20 50 0 0 03 04 05 06 07 08 09 03 04 05 06 07 08 09 26 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

  27. Slide 27: US$/t 170 T US$/bbl

    140 160 1,200 US$/t 170 T US$/bbl US$/MT -(JAPAN) 120 140 1,000 120 100 800 100 80 80 600 60 60 400 48.6 40 40 322 200 20 20 19.4 7.1 0 0 0 03 04 05 06 07 08 09 4 03 04 05 06 07 08 09 4 27 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

  28. Slide 28: US$/T,CIF US$/T, CIF /MT

    1,000 800 80,000 US$/T,CIF US$/T, CIF /MT 800 600 60,000 600 10 400 40,000 400 255 275 24,387 200 (No.1HMS) 20,000 200 0 0 0 03 04 05 06 07 08 09 4 03 04 05 06 07 08 09 4 28 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

  29. Slide 29: LME US /lb-Cr US$/lb

    30.0 6.0 4,000 7,000 Fe Mn LME US$/lb US /lb-Cr MB US$/T US$/T CIF 3,500 6,000 25.0 5.0 3,000 5,000 20.0 4.0 2,500 4,000 15.0 3.0 2,000 3,000 Fe Mn 1,500 2,325 10.0 HCFeCr 2.0 1,194 1.97 2,000 1,000 5.01 5.0 1.0 1,000 0.77 500 LCFeCr RN 0.1% US 0.0 0.0 0 0 03 04 05 06 07 08 09 4 03 04 05 06 07 08 09

  30. Slide 30: Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

    30 Copyright (C) 2008 NIPPON STEEL Corporation All Rights Reserved.

Nippon Steel — FY2008 Earnings Presentation on 6ix