Thank you for visiting the IR section of the Kyoei Steel website.
 
It is my pleasure to use this opportunity to communicate with shareholders and other investors as the president of Kyoei Steel.

 

In April 2024, we formulated NeXuSII2026, our medium-term management plan final in fiscal 2026, to create a "high-quality" company, guided by our management philosophy of "Spirit of Challenge," which is our founding philosophy, as we strive to become a "100-year company" that we should aim for in the future.

 

Nexus used in the title of this medium-term management plan is "linkage and collaboration," which has three meanings.

 

The first is the "ability to connect within the Group" to strengthen the collective strengths of the Group by further collaborating between domestic and overseas bases, each base and headquarters, etc., and the second is the "ability to connect with external parties" to aim for technological advances through collaboration with other companies, joint research, and industry-academia collaborations. The third is the "ability to link with the next generation" to improve the "invisible value" of the company, such as corporate image, brand, employee awareness, and organizational culture, in order to realize the "100-year company."

We aim to strengthen these three strengths.

 

In addition, we will work on the following six items as specific measures for our growth strategy.

 

① Overseas Steel Business: Strengthening North American business and restructuring Vietnamese business

 

② Domestic Steel Business: Strengthening connections and improving quality through a four-division domestic structure

 

③ Material Recycling Business and peripheral steel businesses

 

④ Strengthening efforts for intangible-asset investment

 

⑤ ESG-oriented corporate management aiming for a “100-year company”

 

⑥ Strengthening the management base

 

Through initiatives in the medium-term management plan, we aim to be a high-quality company that is even more trusted and valued by stakeholders, including the public and customers, and a stronger Kyoei Steel Ltd. group.

 

I would like to ask for the continued support and understanding of our shareholders and investors.

 

April 2024

Kyoei Steel Ltd.
Yasuyuki Hirotomi, President