NEWS FROM THE STANDARD |
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Entrust Partners for Japanese Subsidiary
Dec 02 1998 12:00 AM PST
PROFILE |
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Nippon Steel is the world's leading steel producer. Steel products account for more than 60% of the company's sales and include plates, sheets, pipes, and tubes, as well as specialty, processed, and fabricated steel products. Nippon Steel's operations include engineering, construction, chemicals, nonferrous metals, ceramics, electronics, information and communications, and urban development. The company also provides energy, finance, and insurance services. With sales and profits down due to a weak Japanese economy and antidumping petitions in the US, Nippon Steel plans to place more emphasis on its engineering and energy businesses. Japan accounts for 80% of sales.
COMPETITION |
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Mitsubishi Corporation (MSBHY)
Pohang Iron & Steel Co., Ltd. (PKX)
Sumitomo Group (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: March
2000 Sales (mil.): 25,406.80
1-Yr. Sales Growth: 9.7%
Employees: 40,000
Revenue per employee: $635,170.00
KEY PEOPLE |
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Takashi Imai
CEO
Toshihiko Ono
CFO
CONTACT INFO |
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2-6-3 Otemachi, Chiyoda-ku
Tokyo 100-8071, Japan
Phone: 81-3-3242-4111
Fax: 81-3-3275-5607
Online: Web Site
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