Published in Industrial Products and Chemicals category by MBA Skool Team
Nippon Steel is one of the leading brands in the industrial products and chemicals sector. Nippon Steel SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of Nippon Steel:
Highly advanced research and development and Technological competitiveness
Employee strength of nearly 60,000 people
One of the top 5 producers of steel in the world
Merger plans, overseas tie-ups and environmental regulations have enhanced its market position
Above are the strengths in the SWOT Analysis of Nippon Steel. The strengths of Nippon Steel looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Nippon Steel Weaknesses
Dependence on Japanese markets and limited global penetration
Increasing Raw material prices affected operations
These were the weaknesses in the Nippon Steel SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Nippon Steel Opportunities
Increase capacity and operations
Mergers & Acquisitions in Asia
Global tie-ups and alliances to increase global operations
Above we covered the opportunities in Nippon Steel SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Nippon Steel Threats
Production of less no. of automobiles
Rising costs of coking coal & iron ore
Natural disasters andcalamities
The threats in the SWOT Analysis of Nippon Steel are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
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