
Since our founding in 1947, we have been operating the steel business in Japan and overseas by continuing to honor the spirit of Koichi Takashima, our de facto founder. This is namely the spirit of contributing to society and to building infrastructure across the world through steelmaking. At the Kyoei Steel Group, we use electric furnaces to recycle steel scrap into steel for construction and other products so that they will be used again in society. In doing so, we support the social infrastructure and play a leading role in recycling steel resources.
In 1988, we launched the Messcud business as a solution to illegal dumping of medical waste, something that had been a social problem. In this business, we use electric furnaces to completely detoxify and melt medical waste. Created based on our thinking on what we can do for society under the corporate philosophy of Spirit of Challenge, this business aims at achieving harmonious co-existence with society and the environment. We have been expanding the domains we serve with this business, positioning it as the material recycling business.
At present, while initiatives to achieve the Sustainable Development Goals (SDGs) are urgently needed, the Kyoei Steel Group's resource-recycling steelmaking is taking on important missions and responsibilities for future society, where the effective use of limited resources will be required. We also believe that it is important for the Group to work as one in not only enhancing economic value but also creating social value, such as by strengthening ESG activities. Our goal is to achieve a carbon-neutral society and a circular economy in the future and build trust with even more stakeholders.
In 2025, we branded our resource-recycling business, in which we have been simultaneously operating the steel business and material recycling business over 35 years. We gave it the name Ethical Steel, referring to steel products that are manufactured by completely detoxifying and melting medical, industrial and other waste with electric furnaces and whose traceability is ensured from production through shipment. We will further enhance our corporate value with Ethical Steel, namely steel that we manufacture while addressing social issues at the same time.
The Kyoei Steel Group aspires to be an essential company, one that contributes to the development of society and harmony with the global environment while working in three regions around the world. We will continue our businesses towards our centenary, aspiring to be a company that contributes to building infrastructure and protecting the environment globally, a company that contributes to all of its stakeholders, a company that creates a safe and comfortable workplace, and a highly reliable company that emphasizes compliance and quality.
