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Nippon Steel and Sumitomo Metal

Buy Nippon Steel and Sumitomo Metal shares

NIPPON STEEL AND SUMITOMO METAL (TYO: 5401) Shares

ABOUT NIPPON STEEL AND SUMITOMO METAL

Nippon Steel and Sumitomo Metal Corporation is a Japan-based company mainly engaged in the steel manufacturing business.

The company has a history dating back to 2012 when it was formed with the merger of the original Nippon Steel and Sumitomo Metal.

Today the company’s portfolio is diversified across four business segments, namely steel, engineering, system solutions chemicals and materials.

OVERVIEW OF NIPPON STEEL AND SUMITOMO METAL

  • Nippon Steel and Sumitomo Metal Corporation’s Steel Manufacturing segment is engaged in the manufacture and sale of steel bars, steel plates, steel pipes, special steels, steel secondary products and other steel products.

  • Nippon Steel and Sumitomo Metal Corporation’s Engineering segment is engaged in the production and sale of industrial equipment and steel structures, the contract of construction work, the processing and recycling of waste, as well as the provision of electricity, gas and heat.
  • Nippon Steel and Sumitomo Metal Corporation’s Chemical and Materials segment is engaged in the manufacture and sale of coal chemical products, petrochemical products, electronic materials, carbon fibers, composites and other products.
  • The System Solution segment is engaged in the provision of computer system related engineering consulting services and outsourcing services. In terms of its overall operations, the company seeks to advance towards being a leading steel maker with world-class capabilities. The company works to achieve this by further leveraging its capabilities in terms of technology, cost, global operations and by enhancing the value of steel.

  • Nippon Steel and Sumitomo Metal Corporation meets increasing overseas demand through a combination of exports of high-grade steel from Japan and supplies from overseas production bases. In order to expand supply of steel products to areas where demand for infrastructure is increasing, the company is expanding its overseas integrated steel production bases.
  • To this end, the company is currently working with ArcelorMittal on a joint acquisition of Essar Steel India Limited, an Indian integrated steelmaker.

VISION & VALUES OF NIPPON STEEL AND SUMITOMO METAL

  • Nippon Steel and Sumitomo Metal Corporation pursues world-leading technologies and manufacturing capabilities and contributes to society by providing leading products and services.

  • Nippon Steel and Sumitomo Metal Corporation emphasizes the importance of integrity and reliability across all its operations.
  • The company provides products and services that benefit society and grows in partnership with its customers in order to deliver value over the long-term.

MARKET PERFORMANCE OF NIPPON STEEL AND SUMITOMO METAL

  • Nippon Steel and Sumitomo Metal Corporation trades on the Tokyo Stock Exchange (TYO), where investors can buy shares under the stock code TYO 5401.

  • Data from the company’s 2019 financial analysis shows revenue of 5.9 million yen, an increase of 4.5% on the previous year. Business profit was 310 million yen, while profit attributable to parent owners was 440 million yen.
  • The company’s strong performance has allowed investors to buy or sell shares with confidence, providing sound dividends and a solid buy-in for those who choose to purchase shares in 2022 and in the future.

LATEST NEWS NIPPON STEEL AND SUMITOMO METAL

Buy NIPPON STEEL AND SUMITOMO METAL stocks / shares – A Step by Step Guide how to Buy / Purchase NIPPON STEEL AND SUMITOMO METAL Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy NIPPON STEEL AND SUMITOMO METAL Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN NIPPON STEEL AND SUMITOMO METAL STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE NIPPON STEEL AND SUMITOMO METAL STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of NIPPON STEEL AND SUMITOMO METAL stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy NIPPON STEEL AND SUMITOMO METAL stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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