Kosei Shindo: NSSMC President

Kosei Shindo is the President and Representative Director of Nippon Steel & Sumitomo Metal Corporation (NSSMC). Kosei has served in this position since April 1, 2014. Prior to that he was an Executive Vice President of NSSMC from October 2012 to April 1, 2014. Kosei served as General Manager of Corporate Planning Division of Nippon Steel Corp. He served as Statutory Auditor of Nippon Coke & Engineering Company Limited (also known as Mitsui Mining Co. Ltd.).

MSSMC was born out of a merger and before its merger, Kosei had long experience in general affairs and management planning at Nippon Steel. He was central in forging a three-way partnership with Sumitomo Metal and Kobe Steel that started in 2001. Kosei was given the responsibility with integrating steelmaking operations of Nippon Steel and Sumitomo Metal after the merger.

Kosei now leads one of the largest  companies in the world. NSSMC was formed in October 2012 by the merger of Nippon Steel Corporation and Sumitomo Metal Industries, Ltd.It is a world leading integrated steel producer. NSSMC is a holding company for five businesses: steel making, engineering, chemicals, new materials and system solutions. 

NSSMC produces a broad array of value-added steel products in over 15 countries as well as at 16 steelworks in Japan. The conglomerate emphasizes three business fields as key strategic areas: high-grade steel products for automobiles, resources and energy, and civil engineering, construction, and railways. MSSMC conducts research and development at three major research centers, and six laboratories at steelworks, all in Japan. It employs approximately 83,000 people and posted ¥5,516,180 million in net sales and ¥361,097  million in ordinary profit with is crude steel production of 48.16 million tons on a consolidated basis for the fiscal year ended March 31, 2014. 

In line with its corporate philosophy, NSSMC is working at building up a dynamic NSSMC Group. The conglomerate that Kosei leads is seeking to ensure management efficiency, soundness and transparency, and enhance its corporate governance with the ultimate aim of achieving sustainable improvement in corporate value and being trusted by society.