Company Profile For NIPPON STEEL CORPORATION

NIPPON STEEL CORPORATION is a Japan-based manufacturing company. The Company operates in six business segments. The Steel manufacturing segment is engaged in the manufacture and sale of steel bars, plates and pipes, special steels, secondary steel products and other products, as well as related businesses. The Engineering segment is engaged in the construction of steel manufacturing plants, industrial machinery and furnaces, and environmental facilities, among others. The Urban Development segment develops housing complexes and other real estate properties. The Chemical segment offers pitch coke, naphthalene, phthalic anhydride, coke and materials for liquid crystal displays (LCDs), among others. The New Material segment offers fine ceramics, rolled metal plates, carbon fiber composite material and bonding wires for semiconductors, among others. The System Solution segment provides engineering consultation services on computer systems.

BRIEF: For the six months ended 30 September 2009, Nippon Steel Corporation's revenues decreased 40% to Y1.573T. The Company's net loss totaled Y71.84B, vs. an income of Y161.68B. Lower revenues reflect decreased sales especially from steel making & steel fabrication and engineering & construction segments due to lower demand from customers. Net loss also suffers from unfavorable gross margin, as well as decreased equity gain.