Oct. 16, 2024
Nippon Steel Corporation
Nippon Steel Corporation (“Nippon Steel”) has received the “2024
Award for Excellence in Corporate Disclosure” in the Steel/Non Ferrous Metal Industry category, from
the Securities Analysts Association of Japan (“SAAJ”). This year, in addition to being rated
first place in the Steel/Non Ferrous Metal Industry category, we received the second-highest score in
“Disclosure to Individual Investors” category.
The SAAJ established objective review criteria to determine the relative excellence of companies'
disclosure based on the quality, quantity, timing, and other factors related to disclosure. On this basis,
the SAAJ created the Awards for Excellence in Corporate Disclosure for the purpose of promoting and
improving companies' information disclosure and has given the award to selected companies annually since
1995. Awards are made in three categories: specific industries, emerging market companies, and disclosure
to individual investors. In fiscal 2024, a total of 293 companies in 18 industries were screened for the
industry awards. For the category of disclosure to individual investors, 31 companies from the
industry-specific category and the emerging market stocks category were selected as candidate
companies.
In the selection by industry, Nippon Steel received the highest evaluation according to the criterion of
"disclosure through briefings, interviews, presentation materials, etc.," and participating
analysts commented that "the presentation materials, including those on the latest technological
trends, are excellent with great information." In the criterion of "management's stance on
investor relations (IR)," we were highly praised for the "IR stance, such as the top
management’s active engagement in disclosing information.” As for “ESG-related
information," we were also highly evaluated for the "qualitative and quantitative disclosure of
the roadmap and details of initiatives toward decarbonization"; “good explanation of relevance
of ESG to the enhancement of corporate value”; and “management’s proactive initiatives
to ESG.”
Concerning the disclosure to individual investors, we were highly praised for the content of the briefings
for individual investors as our content was easy to understand and contained much information to help
general investors better understand the company.
Nippon Steel intends to further enhance timely, appropriate, and fair information disclosure and
constructive dialogue, and to meet the expectations of all stakeholders, in keeping with our efforts to
achieve sustainable growth and mid- to long-term improvement in our corporate value.
[Reference]
For inquiries
https://www.nipponsteel.com/en/contact/
