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Sustainability Report 2015 Report Sustainability (April 2014–March 2015) 2014–March (April

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Sustainability Report 2015 Report Sustainability (April 2014–March 2015) 2014–March (April Nippon Steel & Sumitomo Metal Corporation http://www.nssmc.com/en/ NSSMC’s Logotype Sustainability Report 2015 (April 2014–March 2015) The central triangle in the logo represents a blast furnace and the people who create steel. It symbolizes steel, indispensable to the advance- ment of civilization, brightening all corners of the world. The center point can be viewed as a summit, reflecting our strong will to become the world’s leading steelmaker. It can also be viewed as depth, with the vanishing point rep- resenting the unlimited future potential of steel as a material. The cobalt blue and sky blue color palette represents innovation and reliability. Image provided by Toyota Motor Corporation Image provided by East Japan Railway Company Image provided by Yamaha Motor Co., Ltd. Image provided by Yamaha Motor Co., Ltd. Sustainability Report ecoPROCESSecoecoPROCESSPROCESS ecoPRODUCTSecoPRODUCTSecoPRODUCTS ecoSOLUTIONecoSOLUTIONecoSOLUTION NSSMC and its printing service support Green Procurement Initiatives. Eco-friendly vegetable oil ink is used Printed in Japan for this report. +++ 革新的な技術の開発革新的な技術の開発革新的な技術の開発 eco PROCESSecoPROCESSecoPROCESS ecoPRODUCTSecoPRODUCTSecoPRODUCTS ecoSOLUTIONecoSOLUTIONecoSOLUTION NIPPON STEEL & SUMITOMO METAL CORPORATION Sustainability Report 2015 01 Corporate Philosophy Nippon Steel & Sumitomo Metal Corporation Group will pursue world-leading technologies and manufacturing capabilities, and contribute to society by providing excellent products and services. Structure of the Report Management Principles Editorial policy This Sustainability Report is the 18th since the former 1. We continue to emphasize the importance of integrity and reliability in our actions. Nippon Steel Corporation issued what is the first sus- 2. We provide products and services that benefit society, and grow in partnership with our customers. NSSMC’s Businesses tainability report by a Japanese steel manufacturer, in 3. We pursue world-leading technologies and manufacturing capabilities. 1 1988. The report presents NSSMC’s progress in ecolog- 4. We continually anticipate and address future changes, innovate from within, and pursue unending progress. ical management and details of our various initiatives. We aim at becoming the world-leading steelmaker 5. We develop and bring out the best in our people to make our Group rich with energy and enthusiasm. with comprehensive strengths. p. 2 Period covered Basic Environmental Policy (Established in October 2012) The period covered in the report is fiscal year 2014 Under the principle of “Ecological Management,” NSSMC is committed to contributing to the creation of an environmental-pres- (from April 2014 to March 2015). For some activities, ervation oriented society with lower environmental impact. For this purpose, the company will conduct business activities based the period from April 2015 to June 2015 is included. on the viewpoint of environmental preservation in local communities, which includes the maintenance and improvement of good living environments and the promotion of reduction and recycling of waste. The company will also address challenges on a global Scope of report Basic approach to NSSMC’s scale including response to issues of global warming as well as the maintenance and improvement of biological diversity. • Environmental and social aspects: Activities of 2 environmental management NSSMC and its group companies in Japan and 1. Reducing environmental impacts at every stage of operations (eco process) pp. 10–19 Through three ecos and the development of overseas innovative technology, NSSMC is determined to 2. Offering of environment-oriented products (eco products) pp. 20–23 p. • Economic aspects: The Annual Report for 2015 help resolve challenges for a sustainable society. 6 3. Proposing environmental preservation solutions from a global perspective (eco solution) pp. 24–29 (issued in July 2015) also covers the contents of the 4. Development of innovative technologies pp. 30–31 economic report. 5. Development of a rich environment pp. 28–29 6. Promotion of environmental relations activities pp. 36–39 Reference for guideline • GRI (Global Reporting Initiative) How NSSMC’s corporate “Sustainability Reporting Guidelines Version 4.0” management supports • “Environmental Reporting Guidelines,” by the 3 environmental management Ministry of the Environment We seek for ever-improving operational Global warming management, and to be trusted by society. p. 32 Environmental countermeasures Technological management system Promote initiatives for a low- prowess Enhance the environmental carbon society through the “three management system ecos and innovative technology development” Corporate profile Mid-Term Creation of a recycling- Company name Nippon Steel & Sumitomo Metal Corporation Chairman Shoji Muneoka Cost Environmental Environmental risk President Kosei Shindo based society management Head office 2-6-1, Marunouchi, Chiyoda-ku, Management Capital ¥419.524 billion competitiveness Expand use of resources Tokyo 100-8071, Japan Promote environmental generated in-house Plan (Total number of shareholders: 517,918) load reduction measures Phone: +81-3-6867-4111 Promote zero emission Stock listings FY2015–FY2017 Date of Tokyo, Osaka, Nagoya, Fukuoka, and Sapporo March 31, 1970 Number of Establishment 84,447 (consolidated basis) employees Mid-Term Management Plan Management Mid-Term Group companies 356 consolidated subsidiaries and Global Environmental and energy solutions Environmental 105 equity-method affiliates response relationship activities Apply the NSSMC Group’s power to environmental Communicate actively on preservation and saving of environmental issues Cover photos: (Top) Muroran Works and Hometown Forest resources and energy (Bottom from left) Toyota Motor Corporation’s “MIRAI”, NSSMC’s titanium foil (p. 26) Becoming the best steelmaker with world-leading capabilities with world-leading Becoming the steelmaker best JR East’s Hokuriku Shinkansen, NSSMC’s high-speed railway wheel and axle (p. 21) YZF-R1 of Yamaha Motor Co., Ltd., Connecting rod made of NSSMC’s titanium alloy (p. 20) 02 NIPPON STEEL & SUMITOMO METAL CORPORATION Sustainability Report 2015 NIPPON STEEL & SUMITOMO METAL CORPORATION Sustainability Report 2015 03 NSSMC’s Businesses Based on the long accumulation of technology through steelmaking, the Nippon Steel & Sumitomo The NSSMC Group is steadily progressing in establishing a global business structure that enables it to Metal Corporation (NSSMC) Group operates businesses in five areas: steelmaking, engineering, capture overseas growth markets and to readily respond to customers’ overseas expansion. 1 chemicals, new materials, and system solutions, with the core business being steelmaking. Business Sales and manufacturing of automotive steel sheet Sales and manufacturing of non-automotive steel sheet Sales and manufacturing of pipes & tubes, and construction materials Sales and manufacturing of railway, automotive & machinery parts Processing and services of bars & wire rods 206.0 billion yen 36.4 billion yen System solutions business New materials business Businesses NSSMC’s NS Solutions Corporations, etc. Nippon Steel Sumikin Materials Co., Ltd., etc. North America billion yen 212.7 4,939.2 billion yen Asia Chemicals business Steelmaking and steel Nippon Steel & Sumikin Chemical Co., Ltd., etc. FY2014 fabrication business Sales composition Nippon Steel & Sumitomo Metal Corporation Sales composition by region Nippon Steel & Sumikin Coated Sheet Corporation by business segment Osaka Steel Co., Ltd. Nippon Steel & Sumikin Metal Products Co., Ltd. Nippon Steel & Sumikin Pipe Co., Ltd. % % 5,610.0 Nippon Steel & Sumikin Texeng Co., Ltd. 59 41 Nippon Steel & Sumikin Stainless Steel Corporation billion yen Siam United Steel (Thailand) Japan Overseas National Pipe Company, Ltd. (Saudi Arabia) billion yen Regional composition: 348.6 Standard Steel, LLC (USA) Asia 65% PT Pelat Timah Nusantara, TBK. (Indonesia), etc. North America 11% Engineering and Europe 7% construction business Latin America 7% Nippon Steel & Sumikin Engineering Co., Ltd., etc. Middle East 7% Africa 2% (Adjustment: Elimination 133.1 billion yen) Pacific 1% 47,698 Net sales (consolidated basis) Ordinary profit (consolidated basis) Net income (consolidated basis) Crude steel production volume (consolidated basis) Number of employees (consolidated basis) R&D expenditures (consolidated basis) (¥ billion) (¥ billion) (¥ billion) (million tons) (¥ billion) 242.7 47.82 48.16 6,000 5,564.2 5,610.0 500 250 214.2 50 47.32 100,000 80 5,512.1 5,516.1 451.7 12.90 45.16 46.03 1,402.4 1,473.3 69.3 70.9 5,083.5 200 12.72 83,515 83,187 84,361 84,447 81,780 22.7 22.8 64.4 693.6 23,007 62.9 400 150 40 80,000 22,597 60.0 361.0 86.0 4,500 100 60 4,389.9 93.1 4.7 4,109.7 4,090.9 34.92 50 58.4 32.44 300 260.3 30 60,000 59,183 60,508 46.6 48.1 0 -7.1 3,000 34.0 40 226.3 203.8 –50 -53.7 200 60.8 20 40,000 –100 -124.5 143.0 87.7 –150 1,500 10.8 20 100 –200 10 20,000 76.9 -133.8 –250 -258.3 0 2010 2011 2012 2013 2014 (FY) 0 2010 2011 2012 2013 2014 (FY) –3000 2010 2011 2012 2013 2014 (FY) 0 2010 2011 2012 2013 2014 (FY) 0 2010 2011 2012 2013 2014 (FY) 0 2010 2011 2012 2013 2014 (FY) NSSMC/NSC1 SMI2 NSSMC/NSC1 SMI2 NSSMC/NSC1 SMI2 NSSMC/NSC1 SMI2 NSSMC/NSC1 SMI2 NSSMC/NSC1 SMI2 1 NSC: Nippon Steel Corporation 2 SMI: Sumitomo Metal Industries, Ltd. 1 NSC: Nippon Steel Corporation 2 SMI: Sumitomo Metal Industries, Ltd. 04 NIPPON STEEL & SUMITOMO METAL CORPORATION Sustainability Report 2015 NIPPON STEEL & SUMITOMO METAL CORPORATION Sustainability Report 2015 05 A Message from Top Management Aiming to Be Ever More Trusted and Relied Upon by Society NSMMC Group will continue its ongoing efforts to achieve its 1 I would like to start this message by saying that we at Nippon Business Steel & Sumitomo Metal (NSSMC) sincerely regret the great trou- target for fiscal 2020 and to accelerate its efforts for reduction ble and inconvenience caused to those concerned by the Nagoya of CO2 emission with a long-term view of the future. Works power failure accidents and the smoke generation after We keep reminding ourselves that environmental risk the coke fire accident in 2014.
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