Transition to a Growth Stage and Building a Business Foundation Resilient to Long-Term Market Contraction
First written in FY2016. 20 of 32 entries say "Restated". Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「On 1 April 2026, the Company established NN Steel LLC under a joint venture agreement with NIPPON STEEL CORPORATION. Going forward, while steadily implementing the new electric arc furnace construction plan and expanding the use of electric arc furnace steel in anticipation of the furnace's start-up, the Company will continue discussions toward a definitive business alliance agreement with YODOKO,Ltd. and strengthen its foundation for the future.」
Execution of the 2030 Long-Term Vision and long-term plan progressed to the establishment of a joint venture with NIPPON STEEL CORPORATION, making the new electric arc furnace construction and expanded use of electric arc furnace steel more concrete. - 2026-05-08AdvancedRevision of earnings forecasts
「With respect to the “Long-Term Plan and Investment in a New Electric Arc Furnace to Realize the Long-Term Vision of the NAKAYAMA STEEL WORKS Group,” we executed a joint venture agreement with NIPPON STEEL CORPORATION on 26 November for the establishment of a joint venture company to construct, own and lease the new electric arc furnace equipment to us.」
The long-term plan centered on the new electric arc furnace advanced to the execution stage through the signing of the joint venture agreement. - FY2026-H1RestatedAnnual report
「There were no material changes during the interim consolidated accounting period to the management policies, management strategies or other matters established by the Group.」
The Group states that there were no material changes to its management policies or management strategies. Separately, disclosures continue to describe the implementation phase for establishing a joint venture to own a new electric arc furnace. - FY2025ReframedAnnual report
「Based on this recognition, the Group decided to make this investment and formulated a long-term plan centered on it to realize the Nakayama Steel Works Group 2030 Long-Term Vision, which will provide the foundation for the Group to remain dynamic 100 years from now.」
The focus of the planning framework shifted from the previous medium-term management plan to a long-term plan centered on the 2030 Long-Term Vision and investment in a new electric arc furnace. - FY2024-Q2RestatedAnnual report
「Against this backdrop, the Group worked to strengthen its processing operations as an integrated group, diversify its iron sources, and reduce manufacturing costs in line with the priority policies of the medium-term management plan for fiscal 2022 through fiscal 2024.」
The Group continues to strengthen processing operations, diversify iron sources, and reduce manufacturing costs under the medium-term management plan for fiscal 2022 through fiscal 2024. - FY2024-Q1RestatedAnnual report
「Against this backdrop, in line with the priority policies of the medium-term management plan for fiscal 2022 through fiscal 2024, the Group advanced various initiatives, including constructing a second plant of its wholly owned subsidiary Sanzen Shear Co., Ltd. on the Company's premises and commencing full-scale commercial production in April 2023.」
Initiatives under the medium-term management plan for fiscal 2022 through fiscal 2024 continued, including the commencement of full-scale commercial production at Sanzen Shear's second plant. - FY2023RestatedAnnual report
「The Group is working on the Nakayama Steel Works Group Medium-Term Management Plan, a three-year plan ending in fiscal 2024, to achieve the Nakayama Steel Works Group 2030 Long-Term Vision, which sets out the Group's desired state and target corporate image for 2030.」
Initiatives based on the 2030 Long-Term Vision and the medium-term management plan for fiscal 2022 through fiscal 2024 continue to be described in the annual policy and performance analysis. - FY2023-Q3RestatedAnnual report
「Against this backdrop, the Group promoted initiatives aimed at achieving its targets in line with the priority policies of the medium-term management plan for fiscal 2022 through fiscal 2024.」
Initiatives to achieve the targets under the medium-term management plan for fiscal 2022 through fiscal 2024 are continuing. - FY2023-Q1RestatedAnnual report
「Against this backdrop, the Group promoted initiatives aimed at achieving its targets in line with the priority policies of the medium-term management plan for fiscal 2022 through fiscal 2024 announced on 10 May this year.」
Initiatives under the medium-term management plan for fiscal 2022 through fiscal 2024 began, confirming that the plan had entered its implementation phase. - FY2022ReframedAnnual report
「The Group established the Nakayama Steel Works Group 2030 Long-Term Vision as its desired state and target corporate image for 2030, and formulated a new three-year Nakayama Steel Works Group Medium-Term Management Plan ending in fiscal 2024 to achieve it.」
The planning framework shifted from the medium-term management plan for fiscal 2019 through fiscal 2021 to one centered on the 2030 Long-Term Vision and the new medium-term management plan for fiscal 2022 through fiscal 2024. - FY2022-Q3RestatedAnnual report
「Against this backdrop, the Group promoted key measures under the medium-term management plan for fiscal 2019 through fiscal 2021, including realizing the benefits of the electric arc furnace rationalization investment and implementing Group collaborative initiatives.」
The benefits of the electric arc furnace rationalization investment and Group collaborative initiatives continue to be identified as key measures under the medium-term management plan for fiscal 2019 through fiscal 2021. - FY2022-Q2RestatedAnnual report
「Against this backdrop, the Group promoted key measures under the medium-term management plan for fiscal 2019 through fiscal 2021, including realizing the benefits of the electric arc furnace rationalization investment and implementing Group collaborative initiatives.」
The Group continues to pursue the benefits of the electric arc furnace rationalization investment and Group collaborative initiatives as key measures under the medium-term management plan for fiscal 2019 through fiscal 2021. - FY2022-Q1RestatedAnnual report
「Against this backdrop, the Group promoted collaborative initiatives and worked on cost reductions in line with the policies of the medium-term management plan for fiscal 2019 through fiscal 2021.」
Implementation of Group collaborative initiatives and cost reductions under the medium-term management plan for fiscal 2019 through fiscal 2021 is continuing. - FY2021AdvancedAnnual report
「Against this backdrop, the Group promoted collaborative initiatives in line with the policies of the medium-term management plan for fiscal 2019 through fiscal 2021, completed the electric arc furnace rationalization investment as planned, and worked to increase production capacity.」
The Group completed the electric arc furnace rationalization investment as planned under the medium-term management plan for fiscal 2019 through fiscal 2021 and increased production capacity. - FY2021-Q3RestatedAnnual report
「Despite this challenging business environment, the Group promoted collaborative initiatives and pursued thorough cost reductions through operating improvements in line with the policies of the medium-term management plan for fiscal 2019 through fiscal 2021.」
Implementation of collaborative initiatives and thorough cost reductions under the medium-term management plan for fiscal 2019 through fiscal 2021 is continuing. - FY2021-Q2RestatedAnnual report
「Despite this challenging business environment, the Group promoted collaborative initiatives and pursued thorough cost reductions through operating improvements in line with the policies of the medium-term management plan for fiscal 2019 through fiscal 2021.」
The Group continues collaborative initiatives and thorough cost reductions under the medium-term management plan for fiscal 2019 through fiscal 2021. - FY2021-Q1RestatedAnnual report
「Against this backdrop, the Group worked on collaborative initiatives and cost reductions in line with the policies of the medium-term management plan for fiscal 2019 through fiscal 2021.」
The Group continues collaborative initiatives and cost reductions under the medium-term management plan for fiscal 2019 through fiscal 2021. - FY2020-Q3RestatedAnnual report
「Against this backdrop, the Group worked on collaborative initiatives and cost reductions in line with the policies of the medium-term management plan for fiscal 2019 through fiscal 2021.」
The Group continues to implement collaborative initiatives and cost reductions under the medium-term management plan for fiscal 2019 through fiscal 2021. - FY2020-Q2RestatedAnnual report
「Against this backdrop, the Group worked on collaborative initiatives and cost reductions in line with the policies of the new medium-term management plan for fiscal 2019 through fiscal 2021 announced on 8 May this year.」
Implementation of collaborative initiatives and cost reductions under the new medium-term management plan for fiscal 2019 through fiscal 2021 is continuing. - FY2020-Q1RestatedAnnual report
「In line with the policies of the new medium-term management plan for fiscal 2019 through fiscal 2021 announced on 8 May this year, the Group worked on collaborative initiatives and cost reductions.」
Implementation of collaborative initiatives and cost reductions under the new medium-term management plan for fiscal 2019 through fiscal 2021 is confirmed. - FY2019ReframedAnnual report
「<strong>Basic policies of the new medium-term management plan</strong> (1) Strengthen earnings capacity through business development and sales promotion leveraging the "Nakayama identity" (2) Maximize consolidated earnings by promoting integrated Group management (3) Maintain and deepen the partnership with the NIPPON STEEL CORPORATION Group, pursuing mutual benefits including outsourced rolling operations」
After explaining that the final year of the three-year plan beginning in fiscal 2016 fell short of its targets, the basic policies of the new medium-term management plan are presented. - FY2018AdvancedAnnual report
「The Group completed its business recovery at the end of fiscal 2015 and worked on the three-year medium-term management plan formulated to facilitate the transition to a growth stage from fiscal 2016. The Group achieved its initial targets for the current fiscal year, following the previous fiscal year.」
The three-year medium-term management plan entered its final year, and the Group achieved its initial targets in the current fiscal year as it had in the previous fiscal year. - FY2018-Q3RestatedAnnual report
「Against this backdrop, the Group worked steadily as one company in line with the medium-term management plan for fiscal 2016 through fiscal 2018 to achieve the effects of detailed measures established by each department, with the aim of building a business foundation resilient to the long-term contraction of the domestic market and achieving sustainable growth going forward.」
Company-wide initiatives under the medium-term management plan for fiscal 2016 through fiscal 2018 to build resilience to domestic market contraction and achieve sustainable growth are continuing. - FY2018-Q2RestatedAnnual report
「Against this backdrop, the Group worked steadily as one company in line with the medium-term management plan for fiscal 2016 through fiscal 2018 to achieve the effects of detailed measures established by each department, with the aim of building a business foundation resilient to the long-term contraction of the domestic market and achieving sustainable growth going forward.」
Company-wide initiatives under the medium-term management plan for fiscal 2016 through fiscal 2018 to build resilience to domestic market contraction and achieve sustainable growth are continuing. - FY2018-Q1RestatedAnnual report
「Against this backdrop, the Group worked steadily as one company in line with the medium-term management plan for fiscal 2016 through fiscal 2018 to achieve the effects of detailed measures established by each department, with the aim of building a business foundation resilient to the long-term contraction of the domestic market and achieving sustainable growth going forward.」
The Group continues initiatives under the medium-term management plan for fiscal 2016 through fiscal 2018 to build resilience to domestic market contraction and achieve sustainable growth. - FY2017AdvancedAnnual report
「The Group completed its business recovery at the end of the previous fiscal year and worked on the three-year medium-term management plan formulated to facilitate the transition to a growth stage from the current fiscal year. During the current fiscal year, the Group achieved its initial targets.」
The Group worked to transition to a growth stage under the three-year medium-term management plan for fiscal 2016 through fiscal 2018 and achieved its initial targets for the current fiscal year. - FY2017-Q3RestatedAnnual report
「Against this backdrop, the Group launched a medium-term management plan covering fiscal 2016 to fiscal 2018, with the current consolidated fiscal year as its first year. We established detailed targets for each department and worked steadily as one company to build a business foundation resilient to the long-term contraction of the domestic market and to strengthen the human resources and financial foundations supporting sustainable growth.」
The medium-term management plan for fiscal 2016 through fiscal 2018, resilience to domestic market contraction, and the strengthening of the human resources and financial foundations supporting sustainable growth continue to be described. - FY2017-Q2RestatedAnnual report
「Against this backdrop, the Group launched a new medium-term management plan covering fiscal 2016 to fiscal 2018, with the current consolidated fiscal year as its first year. We established detailed targets for each department and worked steadily as one company to build a business foundation resilient to the long-term contraction of the domestic market and to strengthen the human resources and financial foundations supporting sustainable growth.」
The new medium-term management plan for fiscal 2016 through fiscal 2018, resilience to domestic market contraction, and the strengthening of the human resources and financial foundations supporting sustainable growth continue to be described. - FY2017-Q1AdvancedAnnual report
「Against this backdrop, the Group launched a new medium-term management plan covering fiscal 2016 to fiscal 2018, with the current consolidated fiscal year as its first year. We established detailed targets for each department and worked steadily as one company to build a business foundation resilient to the long-term contraction of the domestic market and to strengthen the human resources and financial foundations supporting sustainable growth.」
The new medium-term management plan for fiscal 2016 through fiscal 2018 was launched, with detailed targets established by each department and implementation under way. - FY2016First statedAnnual report
「Going forward, we will work to transition to a growth stage and implement a new three-year medium-term management plan beginning in fiscal 2016 to establish a business foundation for the future.」
As a new three-year plan following completion of the recovery support, the plan sets out the transition to growth and resilience to market contraction and changing market conditions.