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Nippon Steel (Nippon Steel) PensionAndRetirementBenefit : $776 Mil (As of Mar. 2024)


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What is Nippon Steel PensionAndRetirementBenefit?

Nippon Steel's PensionAndRetirementBenefit for the quarter that ended in Mar. 2024 was $776 Mil.

Nippon Steel's quarterly PensionAndRetirementBenefit increased from Sep. 2023 ($1,261 Mil) to Dec. 2023 ($1,343 Mil) but then declined from Dec. 2023 ($1,343 Mil) to Mar. 2024 ($776 Mil).

Nippon Steel's annual PensionAndRetirementBenefit declined from Mar. 2022 ($1,588 Mil) to Mar. 2023 ($1,387 Mil) and declined from Mar. 2023 ($1,387 Mil) to Mar. 2024 ($776 Mil).

Nippon Steel PensionAndRetirementBenefit Historical Data

The historical data trend for Nippon Steel's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nippon Steel PensionAndRetirementBenefit Chart

Nippon Steel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,198.98 1,742.91 1,588.41 1,387.36 776.33

Nippon Steel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PensionAndRetirementBenefit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,387.36 1,297.31 1,260.60 1,342.58 776.33

Nippon Steel PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

Nippon Steel (Nippon Steel) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nippon Steel Corp (OTCPK:NISTF) » Definitions » PensionAndRetirementBenefit
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TSE:5411 TSE:5406 TSE:5444 TSE:5471 TSE:5463 TSE:5423 TSE:5481 NGO:7485 TSE:5451 TSE:5449 NUE XKRX:005490 BOM:500228 XAMS:MT NSE:TATASTEEL STLD SHSE:600019 RS TPE:2002 MIC:CHMF
Traded in Other Exchanges
NPSCY:USA 5401:Japan NPS:Germany
Address
6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8071
Website
https://www.nipponsteel.com
Nippon Steel Corporation, or NS, is the largest steel producer in Japan and one of the top five producers globally. NS supplies steel products such as steel sheets, steel plates, pipes, tubes, bars, wire rods, and stainless steels. It is mainly exposed to the auto, construction, and energy sectors. Steelmaking accounts for around 85%-90% of its revenue, while the remainder stems from engineering and construction, chemicals, new materials, and system solutions. Around 35%-40% of its revenue is from exports.