Oct. 11, 2021
Nippon Steel Corporation
Nippon Steel Corporation (“Nippon Steel”) has been selected to receive the
“2021 Award for Excellence in Corporate Disclosure (27th)” in the Steel/Non Ferrous Metal
Industry Category, sponsored by the Securities Analysts Association of Japan (“SAAJ”) two
years in a row.
The SAAJ has established objective review criteria to determine the relative excellence of companies'
disclosure based on their quality, quantity, timing, and other factors. On this basis, the SAAJ has
created the Award for Excellence in Corporate Disclosure for the purpose of promoting and improving
companies' information disclosure and has given out the award to selected companies annually since 1995.
In fiscal 2021, a total of 283 companies in 17 industries were screened for the award.
The review criteria consist of five areas:
In the “management’s involvement in investor relations” area, Nippon
Steel received the highest rating and was recognized that top management offered information more
frequently than before and that the company’s top message is clear and expressing its management
strategy honestly and frankly. The company was highly evaluated for its medium- to long-term management
plan and Carbon Neutral Vision 2050, sufficient explanation for the progress and specific measures to
achieve them along with the disclosure of non-financial information in its integrated report that would
lead to the enhancement of medium- to long-term corporate value. The ratings improved in four criteria
from the previous year, resulting in the company’s receipt of the 2021 Award for Excellence in the
industry category.
As stipulated in its statement of corporate values, "Nippon Steel pursues world-leading technologies
and manufacturing capabilities, and strives to contribute to society by providing excellent products and
services." We will also continue to contribute to the development of society by implementing
activities that match the United Nations’ Sustainable Development Goals (SDGs).
We intend to further enhance timely, appropriate, and fair information disclosure and constructive
dialogue, and meet the expectations of all stakeholders, in order to achieve sustainable growth and mid-
to long-term improvement in our corporate value.
