Nippon Steel Corporation has been selected to receive the 2022 Award for Excellence in Corporate Disclosure in the Steel/Non Ferrous Metal Industry, sponsored by the Securities Analysts Association of Japan (SAAJ), for three consecutive years. This year, in addition to the evaluation in competition with others in the steel and non-ferrous metal industry, Nippon Steel has received the Award for Excellence in Disclosure to Individual Investors, for which all eligible companies are evaluated.
The SAAJ has 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 has created the Awards for Excellence in Corporate Disclosure to promote and improve 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 2022, a total of 300 companies in 18 industries were screened for industry awards. For the category of disclosure to individual investors, 30 companies were the candidates’ selected companies in the industry-specific category and the emerging market stocks category, of which Nippon Steel took first prize.