Credit Rating & Corporate Bonds

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Rating Information

(As of Jul. 17, 2025)
Credit Rating Long Term Short Term
R&I A+ a-1
Moody' s Baa2 -
Japan Credit Rating Agency, Ltd. (JCR) AA / Stable J-1+
S&P BBB -

Corporate Bonds & Debt

Bonds, notes, and loans of the Nippon Steel Group as of Jun. 30, 2025 consisted of the following:

  Millions of yen (¥)
Type Issue date As of
Mar. 31, 2025
Maturity date
Bonds issued by NSC
The 59th Issue of Unsecured Corporate Bonds September 2, 2008 10,000 June 20, 2028
The 1st Issue of Unsecured Corporate Bonds September 26, 2016 10,000 September 18, 2026
The 2nd Issue of Unsecured Corporate Bonds September 26, 2016 10,000 September 19, 2031
The 4th Issue of Unsecured Corporate Bonds May 25, 2017 10,000 May 20, 2027
The 6th Issue of Unsecured Corporate Bonds December 8, 2017 10,000 December 20, 2027
The 9th Issue of Unsecured Corporate Bonds June 12, 2018 20,000 June 20, 2028
The 2nd Issue of Unsecured Corporate Bonds June 14, 2019 30,000 June 19, 2026
The 3rd Issue of Unsecured Corporate Bonds June 14, 2019 20,000 June 20, 2029
The 1st Issue of Unsecured Subordinated Corporate Bonds September 12, 2019 - September 12, 2079
The 2nd Issue of Unsecured Subordinated Corporate Bonds September 12, 2019 30,000 September 12, 2079
The 3rd Issue of Unsecured Subordinated Corporate Bonds September 12, 2019 200,000 September 12, 2079
The 6th Issue of Unsecured Corporate Bonds June 17, 2020 10,000 June 20, 2030
Zero Coupon Convertible Bonds Due 2026 October 4, 2021 - October 5, 2026
The 7th Issue of Unsecured Corporate Bonds (Green Bond) March 9, 2023 30,000 March 17, 2028
The 8th Issue of Unsecured Corporate Bonds (Green Bond) March 9, 2023 20,000 March 18, 2033
The 9th Issue of Unsecured Corporate Bonds (formerly Nippon Steel & Sumikin Bussan 2nd Issue of Unsecured Corporate Bonds) March 5, 2018 15,000 March 3, 2028
The 11th Issue of Unsecured Corporate Bonds
(formerly Nippon Steel & Sumikin Bussan 4th Issue of Unsecured Corporate Bonds)
June 14, 2018 10,000 June 14, 2038
The 12th Issue of Unsecured Corporate Bonds
(formerly Nippon Steel Trading 6th Issue of Unsecured Corporate Bonds)
April 17, 2019 10,000 April 17, 2029
The 4th Issue of Unsecured Subordinated Corporate Bonds June 13, 2024 67,500 June 13, 2059
The 5th Issue of Unsecured Subordinated Corporate Bonds June 13, 2024 20,000 June 13, 2061
The 6th Issue of Unsecured Subordinated Corporate Bonds June 13, 2024 80,000 June 13, 2064
  Millions of yen (¥)  
Loans: As of
Mar. 31, 2025
Average
interest rate (%)
Maturity date
Short-term borrowings 167,530 3.6 -
Current portion of long-term borrowings repayable within one year 173,898 1.6 -
Current portion of bonds repayable within one year 70,000 0.3 -
Current portion of lease liabilities repayable within one year 22,055 1.1 -
Commercial papers 39,982 0.6 -
Long-term borrowings 1,341,503 1.1 July 22, 2080
Bonds 610,601 1.2 September 12, 2079
Lease liabilities 81,921 1.1 March 31, 2076
Total ¥2,711,644    

"Average interest rate" represents the weighted average interest rate to the aggregate balance at the end of the reporting period.