Nippon Yakin Kogyo Co., Ltd.

PROFILE Nippon Yakin Kogyo insists that its products have a stainless reputation. One of Japan's largest makers of stainless steel, Nippon Yakin Kogyo manufactures stainless steel products such as pipes, tubes, wire, and kitchen utensils. It also produces ferro nickel, alloys, and special steels. The company's sales and profits have been hurt by increases in the price of nickel (a metal used to make stainless steel) and a weak housing market (many of the company's products are used during the construction of new housing). In response, the company plans to focus on higher-end products and position itself as a specialized stainless steel manufacturer.  COMPETITION Kawasaki Steel Corporation (KSKSY) Pohang Iron & Steel Co., Ltd. (PKX) Sumitomo Metal Mining Co., Ltd. (dossier)		FINANCIAL OVERVIEW Fiscal Year-End: March 2000 Sales (mil.): 1,288.30 1-Yr. Sales Growth: 11.4% Employees: 1,109 Revenue per employee: $1,161,677.19  KEY PEOPLE • Goro Higaki     CEO  CONTACT INFO San-Ei Bldg., 5-8, Kyobashi 1-chome, Chuo-ku Tokyo, Japan Phone: 81-3-3272-1511 Fax: 81-3-3273-1510 Online: Web Site

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