Who is 'Akio Mimura'

Akio Mimura served as chairman and president of Nippon Steel Corp.


Akio Mimura has a long and impressive history among the Japanese business and financial industries. He spent decades working his way up through the corporate world until he attained the top realms of leadership positions. He eventually reached an elite level of prominent Japanese business executives. He would also serve in high-ranking posts in many Japanese and global boards and committees.

Immediately after graduating from the University of Tokyo, Mimura began working at what was then known as Fuji Iron & Steel in 1963. He was 22 years old at the time. He gradually rose up the corporate ladder, holding an assortment of positions, most of which related to marketing and sales. Along the way, he also earned an MBA from Harvard.

He proved very successful in these roles, and continued to rise to higher positions within the company, obtaining the title of Managing Director in 1997.

Akio Mimura and the Evolution of Nippon Steel

Akio Mimura became Executive Vice President of Nippon Steel Corporation in April 2000. He was then named president of the company in 2003 and became chairman in 2008. He earned the distinction of being the company's first chief executive to meet with foreign investors outside of Japan. He has also held prominent leadership roles with major steel organizations such as the Japan Iron and Steel Federation and the World Steel Association.

Most recently, he served as Senior Advisor and Honorary Chairman at Nippon Steel & Sumitomo Metal Corporation. He also served as the chairman of the Japan Chamber of Commerce and Industry. In addition, he held the position of Chairman of the Japan-Australia Business Cooperation Committee. As a reward for his efforts in that role, the Australian government in 2012 bestowed Mimura with the symbolic title of Honorary Companion for what was identified as his exemplary service for building strong relationships between the two countries.

Nippon Steel Corp. was formed by a merger between Yawata Steel and Fuji Steel in 1970. Another merger eventually led to an additional slight change in the company’s name. Nippon Steel & Sumitomo Metal Corporation, was formed in 2012 with the merger of Nippon Steel and Sumitomo Metal.

The company is now headquartered in Tokyo. Nippon Steel & Sumitomo Metal Corporation, along with its subsidiaries, produces steel materials, new materials and chemicals and provides services related to engineering and construction, urban development and computer systems engineering and consulting.

  1. Delivery Instrument

    A delivery instrument is a document given to the holder of a ...
  2. Base Metals

    Base metals such as aluminum, copper and zinc are widely used ...
  3. Tycoon

    A tycoon is a prominent figure in a particular industry who has ...
  4. Peter R. Dolan

    Peter. R. Dolan is Chairman of the Board of Allied Minds, Inc. ...
  5. Chief Executive Officer - CEO

    A CEO is the highest ranking executive in a company whose main ...
  6. Phil Condit

    Phil Condit is the former CEO and chairman of Boeing.
Related Articles
  1. Insights

    United States Steel Upgraded By JPMorgan (X)

    Shares of U.S. Steel climbed as much as 4.22% Monday, reaching a session high of $19.75 after the company's shares were endorsed by analysts at JPMorgan.
  2. Investing

    Are There Still More Gains For Steel Stocks Ahead?

    The steel sector has rebounded quite nicely over the last few months as investors have looked for value. Given the longer term demand picture, the value is still there and more gains could still ...
  3. Investing

    Can U.S. Steel Stock Really Climb 50% in One Year? (X)

    United States Steel comes highly recommended for risk-tolerant investors, according to Barron's.
  4. Investing

    Steel Prices Soaring, Led by China

    Despite a continuous global supply glut, steel prices in China have advanced since the beginning of 2016.
  5. Investing

    Why AK Steel Stock Surged 32% Last Week (AKS, SLX)

    Steel manufacturers posted strong gains last week in the wake of Donald Trump's surprise victory for the White House.
  6. Investing

    Assessing United States Steel's Valuation (X)

    With shares of United States Steel skyrocketing 101% year-to-date, it's safe to say "X" has marked the right spot for many portfolios.
  7. Insights

    U.S. Steel 'Very Undervalued': Credit Suisse (X)

    The risk-versus-reward profile of United States Steel continues to be a hot topic for investors.
  8. Investing

    Assessing AK Steel After 91% One-Month Rise (AKS)

    AK Steel shares have risen more than 90% in 30 days, fueled by the improved prospects of the steel industry under President-elect Donald Trump.
  9. Investing

    Steelmakers Lobby Trump Team for Trade Defenses (AKS, NUE)

    It would seem that U.S. steel producers want to strike the iron while the iron is hot.
  1. What was the first company with a $1 billion market cap?

    United States Steel Corportation (NYSE:X) was the world's first company to surpass the market capitalization mark of $1 billion ... Read Answer >>
  2. Why would a corporation conduct a vertical FDI?

    Find out why global companies choose to conduct horizontal forward vertical FDI activities to expand their operations into ... Read Answer >>
  3. What are the most common ETFs that track the metals and mining sector?

    Discover investment opportunities with ETFs that invest in precious and base metals such as gold, silver, platinum, copper ... Read Answer >>
Trading Center