A Report on

NIPPON STEEL CORPORATION

A HR Case Study

Submitted by:

Ajay Kumar(14PGPM02)
Sourav jyoti Choudhury(14PGPM13)
MDI Murshidabad

NIPPON STEEL CORPORATION

EXECUTIVE SUMMARY

About Nippon Steel Corporation:
Nippon Steel Corporation, Japanese corporation created by the 1970 merger of Yawata Iron & Steel Co., Ltd., and Fuji Iron & Steel Co., Ltd. It ranks among the world’s largest steel corporations. Its headquarters are in Tokyo, and it has several offices overseas. Company’s Vision:
“Development for the benefit of the future is always for the benefit of society.”
In 1896 the Japanese government established a steelmaking bureau, and five years later the Imperial Japanese Government Steel Works began operation at Yawata (now part of Kita-Kyūshū) in northern Kyushu. In the following three decades several private steelmakers were also founded. In 1934 the imperial Diet passed legislation creating the state-operated Japan Iron & Steel Co., Ltd., which incorporated the Yawata works and six private steelmakers (Wanishi, Kamaishi, Fuji, Kyushu, Toyo, and Mitsubishi). By the end of 1939 this giant trust had developed several large, modern, integrated steelworks. During World War II, however, bombings and loss of raw materials put most of the works out of operation. The disintegration was completed in 1950, when, under pressure from the Allied occupation authority, the trust was dissolved. Its assets were distributed among four new private companies, including Yawata and Fuji.
The Japanese economy prospered greatly following the outbreak of the Korean War in 1950, and world prosperity in the 1950s and ’60s sparked an enormous demand for inexpensive steel. To meet this demand, Yawata and Fuji launched successive modernization programs that resulted in large-scale integrated mills, more efficient operations, and improvement of