Regarding the start of full-scale undertaking of environmental solutions business

Effective November 11, 2001, Nippon Steel renamed the Environmental Plant & Waterworks Division of its Engineering Divisions Group as the Environment and Waterworks Solutions Division. At the same time, it established the Environmental Solutions Business Center in the Group to comprehensively tackle environmental solutions businesses. Nippon Steel considers that positively responding to social needs in environment-related areas through the promotion of environmental solutions businesses is an extremely important strategy for the further growth of the company as well as a means of fulfilling corporate responsibility in society. Introduced below are the concepts behind Nippon Steel's environmental solutions businenesses, namely, social needs, the company's expertise and core competence, targeted business sectors, etc.